WESTROCK COFFEE CO (WEST) Stock Technical Analysis
NASDAQ:WEST - Nasdaq - US96145W1036 - Common Stock - Currency: USD
Overall WEST gets a technical rating of 4 out of 10. In the last year, WEST was a below average performer in the market. There are positive signs in the very recent evolution, but the medium term picture is still mixed.
87% of all other stocks performed better in the past year than WEST.
WEST is one of the lesser performing stocks in the Food Products industry. 64% of 91 stocks in the same industry do better.
The short term trend is positive, while the long term trend is neutral. So this is evolving in the right direction.
In the last month WEST has a been trading in the 6.00 - 7.31 range, which is quite wide. It is currently trading near the high of this range.
WEST is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so WEST is lagging the market.
WEST has an average technical rating and also the quality of the setup is only medium 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.
More info and screens
6.00
8.11
3 important support areas can be observed.
- A support zone ranging from 6.43 to 6.66. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @6.21 from a trend line in the weekly time frame.
- Support @6.06 from a horizontal line in the daily time frame.
4 important resistance areas can be observed.
- A resistance zone ranging from 7.06 to 7.17. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @7.64 from a trend line in the daily time frame.
- A resistance zone ranging from 7.85 to 7.85. This zone is formed by a combination of multiple trend lines in multiple time frames.
- 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 | NEUTRAL | NEUTRAL | The long term trend for WEST is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for WEST is up. |
| ChartMill Relative Strength | 13.79 | NEGATIVE | WEST has a low relative strength, it was outperformed by 86.21% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of WEST is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of WEST is above a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of WEST is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 59.48 | NEUTRAL | The RSI value for WEST is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests WEST has a positive trend. |
| Stochastics (14,3) | 59.49 | NEUTRAL | The Stochastics value for WEST is a neutral value. |
| Average True Range in percent/ATR (20) | 3.99 | MEDIUM VOLATILITY | The ATR as a percentage value for WEST suggests some volalility. |
| Average Directional Index/ADX (14) | 20.25 | NEUTRAL | The ADX value for WEST suggests a possible start of a new 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)
6.99
+0.23 (+3.4%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Staples
GICS IndustryFood Products
Performance
% Chg3.4%
1 Week3.71%
2 Weeks-0.99%
1 Month11.66%
3 Month-3.72%
6 Month8.2%
12 Month-24.51%
2 Year-30.38%
3 Year-36.4%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.31
ATR(20)%3.99%
ATR Inc11.37%
Range Today0.47
ADR(20)0.27
ADR(20)%3.84%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS13.79
Mansfield-0.5
10 Day High7.31
10 Day Low6.37
20 Day High7.31
20 Day Low6
52 Week High9.7
52 Week Low5.28
CS1 End6.66
CR1 Start7.06
Volume & EV
DER(3)7.62%
DER(5)5.66%
Volume512.60K
Volume Incr10.35%
Vol(5)338.12K
Vol(50)291.75K