WESTERN MIDSTREAM PARTNERS L (WES) Stock Technical Analysis
NYSE:WES - New York Stock Exchange, Inc. - US9586691035 - Currency: USD
Taking everything into account, WES scores 3 out of 10 in our technical rating. WES has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.
WES is one of the better performing stocks in the Oil, Gas & Consumable Fuels industry, it outperforms 73% of 214 stocks in the same industry.
In the last month WES has a been trading in the 35.25 - 39.51 range, which is quite wide. It is currently trading near the high of this range.
WES has an average volume of 1246000 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Both the short term and long term trends are neutral. So this is not the most entertaining stock around.
When comparing the performance of all stocks over the past year, WES turns out to be only a medium performer in the overall market: it outperformed 55% of all stocks.
WES is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so WES is lagging the market slightly.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
The technical rating of WES is bad and it also does not present a 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
34.63
43.33
3 important support areas can be observed.
- A support zone ranging from 38.53 to 38.81. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 35.70 to 36.07. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 34.98 to 34.99. This zone is formed by a combination of multiple trend lines in the daily time frame.
We can see 2 important resistance areas.
- Resistance @39.58 from a horizontal line in the daily time frame.
- A resistance zone ranging from 41.63 to 42.90. This zone is formed by a combination of multiple trend lines in multiple time frames.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS55.09
Mansfield-0.28
10 Day High39.51
10 Day Low35.25
20 Day High39.51
20 Day Low35.25
52 Week High43.33
52 Week Low33.6
Performance
1 Week10.43%
2 Weeks2.9%
1 Month4.62%
3 Month-2.98%
6 Month3.06%
12 Month3.5%
2 Year55.98%
3 Year42.39%
5 Year321.52%
10 Year-42.53%
15 Year76.63%
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)
Technical Indicators
MACD(12,26,9)0.25
RSI(14)58.19
LBB35
UBB40.03
39.37
+1.14 (+2.98%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorEnergy
GICS IndustryOil, Gas & Consumable Fuels
Performance
% Chg2.98%
1 Week10.43%
2 Weeks2.9%
1 Month4.62%
3 Month-2.98%
6 Month3.06%
12 Month3.5%
2 Year55.98%
3 Year42.39%
5 Year321.52%
10 Year-42.53%
15 Year76.63%
Volatility
ATR(14)1.07
ATR(20)%2.88%
ATR Inc31.16%
Range Today1.28
ADR(20)1.03
ADR(20)%2.61%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS55.09
Mansfield-0.28
10 Day High39.51
10 Day Low35.25
20 Day High39.51
20 Day Low35.25
52 Week High43.33
52 Week Low33.6
CS1 End38.81
CR1 Start39.58
Volume & EV
DER(3)-0.2%
DER(5)-1.49%
Volume1.05M
Volume Incr8.5%
Vol(5)1.35M
Vol(50)1.25M