WESTERN MIDSTREAM PARTNERS L (WES) Stock Technical Analysis
USA - NYSE:WES - US9586691035
38.08 USD
+0.34 (+0.9%)
38.1 USD
+0.02 (+0.05%)
We assign a technical rating of 0 out of 10 to WES. WES's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
73% of all other stocks performed better in the past year than WES.
In the last month WES has a been trading in the 37.13 - 39.95 range, which is quite wide. It is currently trading near the lows of this range.
WES has an average volume of 1499680 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
WES is part of the Oil, Gas & Consumable Fuels industry. There are 211 other stocks in this industry, WES did better than 52% of them.
WES is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so WES is lagging the market.
Volume is considerably higher in the last couple of days.
Although the technical rating is bad, WES does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is a support zone below the current price at 37.95, a Stop Loss order could be placed below this zone.
More info and screens
35.71
43.33
2 important support areas can be observed.
- A support zone ranging from 37.31 to 37.95. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 36.07 to 36.08. This zone is formed by a combination of multiple trend lines in the weekly time frame.
We can see 3 important resistance areas.
- A resistance zone ranging from 38.37 to 39.21. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 39.97 to 40.42. This zone is formed by a combination of multiple trend lines in multiple time frames.
- 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.
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 | DOWN | NEGATIVE | The long term trend for WES is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for WES is down. |
| ChartMill Relative Strength | 27.11 | NEGATIVE | WES has a low relative strength, it was outperformed by 72.89% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of WES is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of WES is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of WES is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 48.16 | NEUTRAL | The RSI value for WES is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.07 | NEGATIVE | The MACD value suggests WES has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 26.31 | NEUTRAL | The Stochastics value for WES is a neutral value. |
| Average True Range in percent/ATR (20) | 1.93 | LOW VOLATILITY | The low ATR as a percentage value for WES suggests low volalility. |
| Average Directional Index/ADX (14) | 13.78 | NEGATIVE | The low ADX value for WES suggests a weak or negative 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)
38.08
+0.34 (+0.9%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorEnergy
GICS IndustryOil, Gas & Consumable Fuels
Performance
% Chg0.9%
1 Week1.14%
2 Weeks0.29%
1 Month-0.6%
3 Month-6.58%
6 Month-1.91%
12 Month-0.91%
2 Year41.93%
3 Year32.64%
5 Year367.24%
10 Year-25.51%
15 Year30.55%
Volatility
ATR(14)0.72
ATR(20)%1.93%
ATR Inc-50.65%
Range Today0.31
ADR(20)0.72
ADR(20)%1.9%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS27.11
Mansfield-1.26
10 Day High39.4
10 Day Low37.13
20 Day High39.95
20 Day Low37.13
52 Week High43.33
52 Week Low33.6
CS1 End37.95
CR1 Start38.37
Volume & EV
DER(3)1.99%
DER(5)-0.92%
Volume1.99M
Volume Incr28.14%
Vol(5)2.18M
Vol(50)1.50M