WOODSIDE ENERGY GROUP-ADR (WDS) Stock Technical Analysis
NYSE:WDS • US9802283088
Taking everything into account, WDS scores 9 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, WDS is showing a nice and steady performance.
- The long and short term trends are both positive. This is looking good!
- Looking at the yearly performance, WDS did better than 79% of all other stocks.
- WDS is currently making a new 52 week high. This is a strong signal. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
- In the last month WDS has a been trading in the 16.32 - 19.18 range, which is quite wide. It is currently trading near the high of this range.
- WDS is part of the Oil, Gas & Consumable Fuels industry. There are 206 other stocks in this industry, WDS did better than 65% of them.
Although WDS has an excellent technical rating, it does not offer a high quality setup 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
14.14
When analyzing the support we can see 5 important areas.
- A support zone ranging from 18.27 to 18.48. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Support @15.70 from a trend line in the weekly time frame.
- Support @15.42 from a horizontal line in the daily time frame.
- Support @14.75 from a trend line in the daily time frame.
- Support @14.28 from a horizontal line in the daily time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 19.07 to 19.07. 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 | 79.9 | POSITIVE | WDS has a high relative strength, it outperformed 79.9% off all stocks 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) | 68.54 | NEUTRAL | The RSI value for WDS is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.05 | POSITIVE | The MACD value suggests WDS has a positive trend. |
| Stochastics (14,3) | 85.31 | OVERBOUGHT | The high Stochastics value suggests WDS may be overbought. |
| Average True Range in percent/ATR (20) | 2.33 | MEDIUM VOLATILITY | The ATR as a percentage value for WDS suggests some volalility. |
| Average Directional Index/ADX (14) | 38.48 | POSITIVE | The high ADX value value for WDS suggests a strong trend. |
19.06
+0.34 (+1.82%)
WOODSIDE ENERGY GROUP-ADR / WDS FAQ
What is the technical rating for WDS stock?
ChartMill assigns a technical rating of 9 / 10 to WDS.
Can you provide the trend direction for WOODSIDE ENERGY GROUP-ADR?
The current trend direction for WOODSIDE ENERGY GROUP-ADR (WDS) is Bullish.
Can you provide the RSI signal for WOODSIDE ENERGY GROUP-ADR?
WOODSIDE ENERGY GROUP-ADR (WDS) has an RSI value of 68.5384. This indicates that the stock is currently neutral.
What is the short term momentum for WOODSIDE ENERGY GROUP-ADR (WDS) stock?
The short term momentum for WOODSIDE ENERGY GROUP-ADR (WDS) is positive.
What is the buy/sell signal for WOODSIDE ENERGY GROUP-ADR (WDS) stock?
The buy/sell signal for WOODSIDE ENERGY GROUP-ADR (WDS) is buy as both the short term and long term trends are positive.