WOODSIDE ENERGY GROUP-ADR (WDS) Stock Technical Analysis
NYSE:WDS - New York Stock Exchange, Inc. - US9802283088 - ADR - Currency: USD
Overall WDS gets a technical rating of 7 out of 10. In the last year, WDS was an average performer in the market. There are positive signs in the very recent evolution, but the medium term picture is still mixed.
Both the short term and long term trends are positive. This is a very positive sign.
When compared to the yearly performance of all other stocks, WDS outperforms 45% of them, which is more or less in line with the market.
WDS is an average performer in the Oil, Gas & Consumable Fuels industry, it outperforms 62% of 211 stocks in the same industry.
WDS is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so WDS is lagging the market.
In the last month WDS has a been trading in the 14.30 - 16.94 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Besides having an excellent technical rating, WDS also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. A pullback is taking place, which may present a nice opportunity for an entry. We notice that large players showed an interest for WDS in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
15.26
16.94
We found 1 important support area.
- A support zone ranging from 15.41 to 15.41. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 2 important areas.
- Resistance @16.35 from a horizontal line in the daily time frame.
- A resistance zone ranging from 16.71 to 16.77. 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 WDS is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for WDS is up. |
| ChartMill Relative Strength | 45.3 | NEUTRAL | WDS is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of WDS is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of WDS is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | MIXED | The current price of WDS is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 55.06 | NEUTRAL | The RSI value for WDS is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.14 | NEGATIVE | The MACD value suggests WDS has a negative trend. |
| Stochastics (14,3) | 19.83 | OVERSOLD | The low Stochastics value suggests WDS may be oversold. |
| Average True Range in percent/ATR (20) | 2.36 | MEDIUM VOLATILITY | The ATR as a percentage value for WDS suggests some volalility. |
| Average Directional Index/ADX (14) | 29.12 | POSITIVE | The high ADX value value for WDS 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)
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 15.54 | 15.40 | 0.14 (0.90%) | 25.00% |
| An entry @15.54. This is a Buy Stop order right above the resistance zone. | An exit @15.40. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 0.14 points, which is 0.90%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.23%. |
- The distance between exit and entry is rather small compared to the average daily movement of WDS. Please evaluate whether better entry and exit points can be found.
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
15.57
+0.14 (+0.91%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorEnergy
GICS IndustryOil, Gas & Consumable Fuels
Performance
% Chg0.91%
1 Week-0.06%
2 Weeks-6.26%
1 Month7.31%
3 Month33.88%
6 Month-1.46%
12 Month-21.28%
2 Year-39.65%
3 Year-31.44%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.4
ATR(20)%2.36%
ATR Inc-52.04%
Range Today0.25
ADR(20)0.26
ADR(20)%1.69%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS45.3
Mansfield-0.72
10 Day High16.94
10 Day Low15.3
20 Day High16.94
20 Day Low14.3
52 Week High20.17
52 Week Low11.26
CS1 End15.41
CR1 Start15.52
Volume & EV
DER(3)6.34%
DER(5)3.97%
Volume639.34K
Volume Incr-35.31%
Vol(5)800.97K
Vol(50)990.07K