WOODSIDE ENERGY GROUP-ADR (WDS) Stock Technical Analysis
NYSE:WDS - US9802283088 - ADR
17.47 USD
+0.38 (+2.22%)
17.47 USD
0 (0%)
Overall WDS gets a technical rating of 8 out of 10. Although WDS is only a medium performer in the overall market, the technical picture looks good in both the medium and short term time frames.
Both the short term and long term trends are positive. This is a very positive sign.
WDS is one of the better performing stocks in the Oil, Gas & Consumable Fuels industry, it outperforms 77% of 209 stocks in the same industry.
WDS is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so WDS is lagging the market slightly.
In the last month WDS has a been trading in the 16.31 - 17.70 range, which is quite wide. It is currently trading near the high of this range.
Prices have been consolidating recently, this may present a good entry opportunity.
When compared to the yearly performance of all other stocks, WDS outperforms 68% of them, which is more or less in line with the market.
Although WDS 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
16.16
17.86
When analyzing the support we notice one important area.
- A support zone ranging from 16.32 to 16.77. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
We found 1 important resistance area.
- A resistance zone ranging from 17.50 to 17.68. 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 | 68.43 | NEUTRAL | WDS is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of WDS is above 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) | UP | POSITIVE | The current price of WDS is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 59.19 | NEUTRAL | The RSI value for WDS is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.09 | NEGATIVE | The MACD value suggests WDS has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 59.23 | NEUTRAL | The Stochastics value for WDS is a neutral value. |
| Average True Range in percent/ATR (20) | 1.88 | LOW VOLATILITY | The low ATR as a percentage value for WDS suggests low volalility. |
| Average Directional Index/ADX (14) | 30.15 | 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 |
|---|---|---|---|
| 17.69 | 16.30 | 1.39 (7.86%) | 12.73% |
| An entry @17.69. This is a Buy Stop order right above the resistance zone. | An exit @16.30. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 1.39 points, which is 7.86%. | For a 1.00% total portfolio risk, you can invest 12.73% of your capital in this trade. |
- 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.
17.47
+0.38 (+2.22%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorEnergy
GICS IndustryOil, Gas & Consumable Fuels
Performance
% Chg2.22%
1 Week-0.17%
2 Weeks0.29%
1 Month1.93%
3 Month25.32%
6 Month19.66%
12 Month-1.3%
2 Year-26.84%
3 Year-23.41%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.33
ATR(20)%1.88%
ATR Inc9.52%
Range Today0.35
ADR(20)0.26
ADR(20)%1.48%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS68.43
Mansfield0.29
10 Day High17.7
10 Day Low16.31
20 Day High17.7
20 Day Low16.31
52 Week High18.44
52 Week Low11.26
CS1 End16.77
CR1 Start17.5
Volume & EV
DER(3)3.34%
DER(5)-1.04%
Volume849.90K
Volume Incr37.87%
Vol(5)882.12K
Vol(50)837.63K