WD-40 CO (WDFC) Stock Technical Analysis
USA - NASDAQ:WDFC - US9292361071 - Common Stock
Overall WDFC gets a technical rating of 1 out of 10. WDFC scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
WDFC has a poor technical rating and the quality of the setup is also only medium at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
187.57
When analyzing the support we notice one important area.
- A support zone ranging from 189.46 to 192.13. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 5 important resistance areas.
- A resistance zone ranging from 205.26 to 208.90. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @212.30 from a trend line in the daily time frame.
- Resistance @222.58 from a horizontal line in the weekly time frame.
- Resistance @227.49 from a horizontal line in the daily time frame.
- Resistance @250.92 from a horizontal line in the daily time frame.
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 | NEUTRAL | NEUTRAL | The short term trend for WDFC is neutral. |
| ChartMill Relative Strength | 13.32 | NEGATIVE | WDFC has a low relative strength, it was outperformed by 86.68% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of WDFC is above the rising 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 | NEGATIVE | The current price of WDFC is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 53.46 | NEUTRAL | The RSI value for WDFC is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 1.71 | POSITIVE | The MACD value suggests WDFC has a positive trend. |
| Stochastics (14,3) | 45.74 | NEUTRAL | The Stochastics value for WDFC is a neutral value. |
| Average True Range in percent/ATR (20) | 2.69 | MEDIUM VOLATILITY | The ATR as a percentage value for WDFC suggests some volalility. |
| Average Directional Index/ADX (14) | 28.01 | POSITIVE | The high ADX value value for WDFC suggests a strong trend. |
202.18
+6.8 (+3.48%)
WD-40 CO / WDFC FAQ
What is the technical rating for WDFC stock?
ChartMill assigns a technical rating of 1 / 10 to WDFC.
Can you provide the trend direction for WD-40 CO?
The current trend direction for WD-40 CO (WDFC) is Bearish.
What is the RSI signal for WD-40 CO (WDFC) stock?
WD-40 CO (WDFC) has an RSI value of 53.4553. 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 neutral.
What are the support and resistance levels for WD-40 CO (WDFC) stock?
WD-40 CO (WDFC) has a support level at 192.13 and a resistance level at 205.26. Check the full technical report for our detailed analysis of WDFC support and resistance levels.