WATERDROP INC (WDH) Stock Technical Analysis
NYSE:WDH - New York Stock Exchange, Inc. - US94132V1052 - ADR - Currency: USD
Taking everything into account, WDH scores 10 out of 10 in our technical rating. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, WDH is showing a nice and steady performance.
The long and short term trends are both positive. This is looking good!
When comparing the yearly performance of all stocks, we notice that WDH is one of the better performing stocks in the market, outperforming 92% of all stocks. We also observe that the gains produced by WDH over the past year are nicely spread over this period.
WDH is part of the Insurance industry. There are 143 other stocks in this industry. WDH outperforms 95% of them.
WDH is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so WDH is lagging the market.
In the last month WDH has a been trading in the 1.41 - 2.17 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Although WDH has an excellent technical rating, the quality of the presented setup is not ideal 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
1.17
1.76
We found 6 important support areas.
- A support zone ranging from 1.65 to 1.68. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @1.61 from a horizontal line in the daily time frame.
- A support zone ranging from 1.40 to 1.42. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @1.35 from a trend line in the weekly time frame.
- A support zone ranging from 1.21 to 1.21. This zone is formed by a combination of multiple trend lines in the daily time frame.
- A support zone ranging from 1.18 to 1.18. This zone is formed by a combination of multiple trend lines in the daily time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 1.74 to 1.74. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 | UP | POSITIVE | The long term trend for WDH is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for WDH is up. |
| ChartMill Relative Strength | 92.86 | POSITIVE | WDH has a high relative strength, it outperformed 92.86% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of WDH is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of WDH is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of WDH is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 56.4 | NEUTRAL | The RSI value for WDH is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.02 | NEGATIVE | The MACD value suggests WDH has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 30.58 | NEUTRAL | The Stochastics value for WDH is a neutral value. |
| Average True Range in percent/ATR (20) | 8.28 | HIGH VOLATILITY | The high ATR as a percentage value for WDH suggests high volalility. |
| Average Directional Index/ADX (14) | 44.58 | POSITIVE | The high ADX value value for WDH suggests a strong trend. |
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
1.73
+0.02 (+1.17%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryInsurance
Performance
% Chg1.17%
1 Week4.22%
2 Weeks-4.95%
1 Month21.83%
3 Month39.52%
6 Month43.57%
12 Month69.61%
2 Year7.45%
3 Year51.75%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.15
ATR(20)%8.28%
ATR Inc-65.83%
Range Today0.07
ADR(20)0.14
ADR(20)%7.99%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS92.86
Mansfield2.5
10 Day High2.17
10 Day Low1.59
20 Day High2.17
20 Day Low1.41
52 Week High2.17
52 Week Low0.97
CS1 End1.68
CR1 Start1.74
Volume & EV
DER(3)-5.88%
DER(5)-6.01%
Volume140.70K
Volume Incr-47.4%
Vol(5)271.40K
Vol(50)344.77K