WESTROCK COFFEE CO (WEST) Stock Technical Analysis
USA - NASDAQ:WEST - US96145W1036 - Common Stock
Overall WEST gets a technical rating of 0 out of 10. WEST'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 technical rating of WEST is bad and it also does not present a quality setup at the moment. Prices have been extended to the downside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
3.88
5 important resistance areas can be observed.
- A resistance zone ranging from 5.03 to 5.05. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @5.99 from a trend line in the weekly time frame.
- Resistance @6.14 from a trend line in the daily time frame.
- Resistance @6.44 from a trend line in the weekly time frame.
- Resistance @8.03 from a horizontal line in the weekly time frame.
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 WEST is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for WEST is down. |
| ChartMill Relative Strength | 4.75 | NEGATIVE | WEST has a low relative strength, it was outperformed by 95.25% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of WEST is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of WEST is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of WEST is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 28.94 | OVERSOLD | The low RSI value suggests WEST may be oversold. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.08 | NEGATIVE | The MACD value suggests WEST has a negative trend. |
| Stochastics (14,3) | 4.66 | OVERSOLD | The low Stochastics value suggests WEST may be oversold. |
| Average True Range in percent/ATR (20) | 6.61 | HIGH VOLATILITY | The high ATR as a percentage value for WEST suggests high volalility. |
| Average Directional Index/ADX (14) | 19.69 | NEGATIVE | The low ADX value for WEST suggests a weak or negative trend. |
3.92
-0.34 (-7.98%)
WESTROCK COFFEE CO / WEST FAQ
What is the technical rating for WEST stock?
ChartMill assigns a technical rating of 0 / 10 to WEST.
What is the current trend direction of WESTROCK COFFEE CO (WEST) stock?
The current trend direction for WESTROCK COFFEE CO (WEST) is Bearish.
Can you provide the RSI signal for WESTROCK COFFEE CO?
WESTROCK COFFEE CO (WEST) has an RSI value of 28.9424. This indicates that the stock is currently oversold.
Can you provide the short term momentum for WESTROCK COFFEE CO?
The short term momentum for WESTROCK COFFEE CO (WEST) is negative.
Can you provide the support and resistance levels for WESTROCK COFFEE CO?
WESTROCK COFFEE CO (WEST) has a resistance level at 5.03. Check the full technical report for our detailed analysis of WEST support and resistance levels.