Western Midstream Partners LP (WES)       23.55  +1.01 (+4.48%)

23.55  +1.01 (+4.48%)

US9586691035 - After market: 24 +0.45 (+1.91%)

Technical Rating

Overall WES gets a technical rating of 1 out of 10. 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 has an average volume of 1275790. This is a good sign as it is always nice to have a liquid stock.
The long term trend is neutral, but the short term trend is negative. Better to stay away from this!
Looking at the yearly performance, WES did better than 87% of all other stocks. However, this overall performance is mostly based on the strong move around 4 months ago.
WES is an average performer in the Oil, Gas & Consumable Fuels industry, it outperforms 51% of 403 stocks in the same industry.
WES is currently trading in the middle of its 52 week range. The S&P500 Index is currently trading in the lower part of its 52 week range, so WES is still doing slightly better than the market.
Volume is considerably higher in the last couple of days.
In the last month WES has a been trading in the 21.95 - 29.50 range, which is quite wide. It is currently trading near the lows of this range.

Statistics

1 Month 3 Months 6 Months 12 Months -12.09% -5.99% 13.11% 6.90% SMA(20) SMA(50) SMA(100) SMA(200) RS 52 Wk Range ST Trend LT Trend 87.57 17.97 - 29.5
WES Weekly chart
WES Daily chart

Support/Resistance Analysis


21.82

23.79
2 important support areas can be observed.
  • Support @23.22 from a horizontal line in the weekly time frame.
  • Support @22.04 from a trend line in the weekly time frame.

Setup Analysis

Setup Rating

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.


WES Daily chart

Western Midstream Partners LP23.55

NYSE:WES (6/24/2022, 7:14:36 PM)+1.01 (+4.48%)

After market: 24 +0.45 (+1.91%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS Sector Energy
GICS Industry Oil, Gas & Consumable Fuels
Performance
Today 4.48% 1 Week -0.55%
2 Weeks -17.31% 1 Month -12.09%
3 Month -5.99% 6 Month 13.11%
Volatility
ATR(14) 1.36 ATR(20)% 5.36%
ATR Inc 19.45% Range Today 1.6
Trend & SMA
ST Trend LT Trend
SMA(5) SMA(10)
SMA(20) SMA(50)
SMA(100) SMA(200)
Relative Strength & Ranges
CRS 87.57 Mansfield 1.52
10 Day High 28.2 10 Day Low 21.95
20 Day High 29.5 20 Day Low 21.95
52 Week High 29.5 52 Week Low 17.97
CS1 End 23.22 CR1 Start N/A
Volume & EV
DER(3) -4.17% DER(5) -3.72%
Volume 1.49M Volume Incr 67.4%
Vol(5) 2.15M Vol(50) 1.28M

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