WESTERN MIDSTREAM PARTNERS L (WES)

US9586691035

34.34  +0.24 (+0.7%)

After market: 34.74 +0.4 (+1.16%)

Technical Rating and Analysis

9

Overall WES gets a technical rating of 9 out of 10. This is due to a consistent overall performance, although we see some doubts in the very recent evolution. In the medium time frame things are still looking good.

In the last month WES has a been trading in the 33.64 - 36.46 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.
When comparing the yearly performance of all stocks, we notice that WES is one of the better performing stocks in the market, outperforming 88% of all stocks. We also observe that the gains produced by WES over the past year are nicely spread over this period.
WES is part of the Oil, Gas & Consumable Fuels industry. There are 214 other stocks in this industry. WES outperforms 76% 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 1291890 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 present a decent entry opportunity 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

26.72

36.40

3 important support areas can be observed.

  • A support zone ranging from 33.53 to 34.33. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • Support @29.05 from a trend line in the daily time frame.
  • A support zone ranging from 26.99 to 27.61. This zone is formed by a combination of multiple trend lines in multiple time frames.

When analyzing the resistance we notice one important area.

  • A resistance zone ranging from 34.68 to 36.04. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
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
CRS88.69
Mansfield0.92
10 Day High36.17
10 Day Low34.05
20 Day High36.46
20 Day Low33.64
52 Week High36.79
52 Week Low25.04
Performance
1 Week-4.45%
2 Weeks-0.26%
1 Month-4.69%
3 Month20.87%
6 Month19.57%
12 Month34.3%
2 Year24.2%
3 Year71.87%
5 Year17.64%
10 Year-52.3%
15 Year126.52%
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)-0.16
RSI(14)43.65
LBB33.56
UBB36.54
WES Daily chart

WESTERN MIDSTREAM PARTNERS L

NYSE:WES (5/1/2024, 4:05:00 PM)

After market: 34.74 +0.4 (+1.16%)

34.34

+0.24 (+0.7%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorEnergy
GICS IndustryOil, Gas & Consumable Fuels
Performance
% Chg0.7%
1 Week-4.45%
2 Weeks-0.26%
1 Month-4.69%
3 Month20.87%
6 Month19.57%
12 Month34.3%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)0.75
ATR(20)%2.05%
ATR Inc
Range Today0.59
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 High36.17
10 Day Low34.05
20 Day High36.46
20 Day Low33.64
52 Week High36.79
52 Week Low25.04
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume1.70M
Volume Incr10.01%
Vol(5)1.01M
Vol(50)1.29M