WD-40 CO (WDFC) Technical Analysis
NASDAQ:WDFC • US9292361071
Current stock price
WDFC Technical Rating and Analysis
We assign a technical rating of 0 out of 10 to WDFC. WDFC's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
- Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
- 72% of all other stocks performed better in the past year than WDFC.
- In the last month WDFC has a been trading in the 198.55 - 224.54 range, which is quite wide. It is currently trading in the middle of this range where prices have been consolidating recently, this may present a good entry opportunity, but some resistance may be present above.
- WDFC is part of the Household Products industry. There are 12 other stocks in this industry, WDFC did better than 63% of them.
- WDFC is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so WDFC is lagging the market.
WDFC Weekly and Daily overview Charts
WDFC Setup Rating and Analysis
WDFC has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. There is a support zone below the current price at 204.27, a Stop Loss order could be placed below this zone.
More info and screens
WDFC Support and Resistance Analysis
185.63
2 important support areas can be observed.
- A support zone ranging from 203.76 to 204.27. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 187.51 to 192.14. This zone is formed by a combination of multiple trend lines in multiple time frames.
4 important resistance areas can be observed.
- A resistance zone ranging from 216.56 to 218.84. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 223.03 to 225.64. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Resistance @239.20 from a trend line in the weekly time frame.
- A resistance zone ranging from 244.73 to 245.51. This zone is formed by a combination of multiple trend lines in the weekly time frame.
WDFC Technical Indicator Signal Analysis
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | DOWN | NEGATIVE | The long term trend for WDFC is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for WDFC is down. |
| ChartMill Relative Strength | 28.89 | NEGATIVE | WDFC has a low relative strength, it was outperformed by 71.11% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of WDFC is above a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of WDFC is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | MIXED | The current price of WDFC is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 49.3 | NEUTRAL | The RSI value for WDFC is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.48 | POSITIVE | The MACD value suggests WDFC has a positive trend. |
| Stochastics (14,3) | 27.41 | NEUTRAL | The Stochastics value for WDFC is a neutral value. |
| Average True Range in percent/ATR (20) | 3.54 | MEDIUM VOLATILITY | The ATR as a percentage value for WDFC suggests some volalility. |
| Average Directional Index/ADX (14) | 22.13 | NEUTRAL | The ADX value for WDFC suggests a possible start of a new trend. |
WDFC Chart- and CandleStick Pattern Analysis
WDFC Technicals: Chart, Performance Metrics, Trend & Indicators
213.38
+9.74 (+4.78%)
WD-40 CO / WDFC TA FAQ
What is the technical rating for WDFC stock?
ChartMill assigns a technical rating of 0 / 10 to WDFC.
What is the trend direction for WDFC stock?
The current trend direction for WD-40 CO (WDFC) is Bearish.
Can you provide the RSI signal for WD-40 CO?
WD-40 CO (WDFC) has an RSI value of 49.3044. This indicates that the stock is currently neutral.
Can you provide the short term momentum for WD-40 CO?
The short term momentum for WD-40 CO (WDFC) is negative.
Can you provide the buy/sell signal for WD-40 CO?
The buy/sell signal for WD-40 CO (WDFC) is sell as both the short term and long term trends are negative.