Taking everything into account, WEST scores 4 out of 10 in our technical rating. In the past year, WEST was a below average performing stock in the market. The medium term picture is also negative, but we see some improvement happening in recent action.
- 79% of all other stocks performed better in the past year than WEST.
- WEST is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
- In the last month WEST has a been trading in the 3.61 - 4.86 range, which is quite wide. It is currently trading near the high of this range.
- The short term trend is positive, while the long term trend is still negative. So this is evolving in the right direction, but it may need some more time to really turn around the trend.
- WEST is an average performer in the Food Products industry, it outperforms 45% of 87 stocks in the same industry.
- Considerably lower volume is observed in the last couple of days.
WEST has only a medium technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. There is a support zone below the current price at 4.65, a Stop Loss order could be placed below this zone. Very recently a Pocket Pivot signal was observed. This is another positive sign.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
4.47
When analyzing the support we notice one important area.
- A support zone ranging from 4.52 to 4.65. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
4 important resistance areas can be observed.
- A resistance zone ranging from 4.84 to 4.84. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @5.76 from a trend line in the weekly time frame.
- Resistance @7.55 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 | UP | POSITIVE | The short term trend for WEST is up. |
| ChartMill Relative Strength | 21.77 | NEGATIVE | WEST has a low relative strength, it was outperformed by 78.23% 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) | UP | POSITIVE | The current price of WEST is above the rising 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) | 67.37 | NEUTRAL | The RSI value for WEST is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.03 | POSITIVE | The MACD value suggests WEST has a positive trend. |
| Stochastics (14,3) | 88.15 | OVERBOUGHT | The high Stochastics value suggests WEST may be overbought. |
| Average True Range in percent/ATR (20) | 4.34 | MEDIUM VOLATILITY | The ATR as a percentage value for WEST suggests some volalility. |
| Average Directional Index/ADX (14) | 17.36 | NEGATIVE | The low ADX value for WEST suggests a weak or negative trend. |
4.83
+0.11 (+2.33%)
WESTROCK COFFEE CO / WEST FAQ
What is the technical rating for WEST stock?
ChartMill assigns a technical rating of 4 / 10 to WEST.
What is the trend direction for WEST stock?
The current trend direction for WESTROCK COFFEE CO (WEST) is Bearish.
What is the RSI signal for WESTROCK COFFEE CO (WEST) stock?
WESTROCK COFFEE CO (WEST) has an RSI value of 67.3683. This indicates that the stock is currently neutral.
What is the short term momentum for WESTROCK COFFEE CO (WEST) stock?
The short term momentum for WESTROCK COFFEE CO (WEST) is positive.
What is the buy/sell signal for WEST stock?
The buy/sell signal for WESTROCK COFFEE CO (WEST) is hold as the short term and long term trends are mixed.