WESTERN MIDSTREAM PARTNERS L (WES)

US9586691035

39.81  -0.15 (-0.38%)

After market: 39.77 -0.04 (-0.1%)

Technical Rating and Analysis

10

Taking everything into account, WES scores 10 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, WES is showing a nice and steady performance.

In the last month WES has a been trading in the 39.30 - 42.80 range, which is quite wide. It is currently trading near the lows of this range.
The short term is neutral, but the long term trend is still positive. Not much to worry about for now.
Looking at the yearly performance, WES did better than 87% of all other stocks. On top of that, WES also shows a nice and consistent pattern of rising prices.
WES is part of the Oil, Gas & Consumable Fuels industry. There are 210 other stocks in this industry. WES outperforms 89% of them.
WES is currently trading in the upper part of its 52 week range. The S&P500 Index is also trading in the upper part of its 52 week range, so WES is performing more or less in line with the market.
WES has an average volume of 1023230 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Weekly and Daily overview Charts
WES Weekly chart
WES Daily chart
Setup Rating and Analysis

3

Although WES 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.

Support and Resistance Analysis

26.94

43.18

6 important support areas can be observed.

  • A support zone ranging from 38.76 to 39.80. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • Support @34.04 from a horizontal line in the daily time frame.
  • Support @29.92 from a trend line in the daily time frame.
  • Support @28.99 from a trend line in the daily time frame.
  • Support @27.89 from a trend line in the weekly time frame.
  • Support @27.21 from a horizontal line in the daily time frame.

2 important resistance areas can be observed.

  • A resistance zone ranging from 41.18 to 42.07. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • Resistance @42.75 from a horizontal line in the daily time frame.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS87.95
Mansfield1.2
10 Day High42.8
10 Day Low39.44
20 Day High42.8
20 Day Low39.3
52 Week High42.8
52 Week Low25.69
Performance
1 Week-5.35%
2 Weeks-2.81%
1 Month0.81%
3 Month10.98%
6 Month35.41%
12 Month41.67%
2 Year48.6%
3 Year99.15%
5 Year47.44%
10 Year-46.28%
15 Year134.59%
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)-0.31
RSI(14)44.42
LBB39.7
UBB42.98
WES Daily chart

WESTERN MIDSTREAM PARTNERS L

NYSE:WES (7/26/2024, 4:05:00 PM)

After market: 39.77 -0.04 (-0.1%)

39.81

-0.15 (-0.38%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorEnergy
GICS IndustryOil, Gas & Consumable Fuels
Performance
% Chg-0.38%
1 Week-5.35%
2 Weeks-2.81%
1 Month0.81%
3 Month10.98%
6 Month35.41%
12 Month41.67%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)0.91
ATR(20)%2.16%
ATR Inc
Range Today1.14
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High42.8
10 Day Low39.44
20 Day High42.8
20 Day Low39.3
52 Week High42.8
52 Week Low25.69
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume1.29M
Volume Incr0.31%
Vol(5)1.06M
Vol(50)1.02M