USA - NYSE:WDS - US9802283088 - ADR
We assign a technical rating of 0 out of 10 to WDS. 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.
WDS has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 15.47. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 15.19, a Stop Loss order could be placed below this zone.
14.80
When analyzing the support we notice one important area.
We can see 2 important resistance areas.
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 WDS is down. |
ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for WDS is down. |
ChartMill Relative Strength | 18.04 | NEGATIVE | WDS has a low relative strength, it was outperformed by 81.96% off all stocks 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) | DOWN | NEGATIVE | The current price of WDS is below a declining 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) | 39.32 | NEUTRAL | The RSI value for WDS is a neutral value. |
Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests WDS has a negative trend, although the MACD value is rising. |
Stochastics (14,3) | 12.31 | OVERSOLD | The low Stochastics value suggests WDS may be oversold. |
Average True Range in percent/ATR (20) | 1.81 | LOW VOLATILITY | The low ATR as a percentage value for WDS suggests low volalility. |
Average Directional Index/ADX (14) | 33.81 | POSITIVE | The high ADX value value for WDS suggests a strong trend. |
15.25
+0.29 (+1.94%)