WOODSIDE ENERGY GROUP-ADR (WDS) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:WDS - US9802283088 - ADR
Taking everything into account, WDS scores 1 out of 10 in our technical rating. WDS scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
The technical rating of WDS is bad and it also does not present a quality setup at the moment. Prices have been extended to the downside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
14.13
2 important support areas can be observed.
- Support @14.54 from a trend line in the daily time frame.
- A support zone ranging from 14.27 to 14.27. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 4 important areas.
- Resistance @15.42 from a horizontal line in the daily time frame.
- A resistance zone ranging from 15.87 to 16.58. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 16.89 to 17.15. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 17.50 to 17.62. 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 | NEUTRAL | NEUTRAL | The long term trend for WDS is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for WDS is down. |
| ChartMill Relative Strength | 38.03 | NEUTRAL | WDS is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of WDS is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of WDS is below the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of WDS is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 29.9 | OVERSOLD | The low RSI value suggests WDS may be oversold. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.22 | NEGATIVE | The MACD value suggests WDS has a negative trend. |
| Stochastics (14,3) | 6.76 | OVERSOLD | The low Stochastics value suggests WDS may be oversold. |
| Average True Range in percent/ATR (20) | 2.15 | MEDIUM VOLATILITY | The ATR as a percentage value for WDS suggests some volalility. |
| Average Directional Index/ADX (14) | 25.75 | POSITIVE | The high ADX value value for WDS suggests a strong trend. |
14.9
+0.32 (+2.19%)
WOODSIDE ENERGY GROUP-ADR / WDS FAQ
What is the technical rating for WDS stock?
ChartMill assigns a technical rating of 1 / 10 to WDS.
What is the trend direction for WDS stock?
The current trend direction for WOODSIDE ENERGY GROUP-ADR (WDS) is Bearish.
Can you provide the RSI signal for WOODSIDE ENERGY GROUP-ADR?
WOODSIDE ENERGY GROUP-ADR (WDS) has an RSI value of 29.8971. This indicates that the stock is currently oversold.
Can you provide the MACD signal for WOODSIDE ENERGY GROUP-ADR?
The MACD indicator for WOODSIDE ENERGY GROUP-ADR (WDS) has a value of -0.221291, indicating a bearish trend.
What is the support and resistance level for WDS stock?
WOODSIDE ENERGY GROUP-ADR (WDS) has a support level at 14.54 and a resistance level at 15.42. Check the full technical report for our detailed analysis of WDS support and resistance levels.