WESTROCK COFFEE CO (WEST) Technical Analysis
NASDAQ:WEST • US96145W1036
Current stock price
WEST Technical Rating and Analysis
Taking everything into account, WEST scores 8 out of 10 in our technical rating. This is due to a decent performance in both the short and medium term time frames. Compared to the overall market, WEST is only an average performer.
- Both the short term and long term trends are positive. This is a very positive sign.
- WEST is one of the better performing stocks in the Food Products industry, it outperforms 74% of 87 stocks in the same industry.
- In the last month WEST has a been trading in the 4.36 - 6.00 range, which is quite wide. It is currently trading near the high of this range.
- When compared to the yearly performance of all other stocks, WEST outperforms 53% of them, which is more or less in line with the market.
- 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.
- Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
WEST Weekly and Daily overview Charts
WEST Setup Rating and Analysis
Although WEST has an excellent technical rating, it does not offer a high quality setup 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
WEST Support and Resistance Analysis
3.83
We found 4 important support areas.
- A support zone ranging from 5.89 to 5.89. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 5.32 to 5.33. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Support @3.98 from a trend line in the daily time frame.
- Support @3.87 from a horizontal line in the weekly time frame.
We found 1 important resistance area.
- A resistance zone ranging from 5.91 to 5.96. This zone is formed by a combination of multiple trend lines in multiple time frames.
WEST Technical Indicator Signal Analysis
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 | UP | POSITIVE | The long term trend for WEST is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for WEST is up. |
| ChartMill Relative Strength | 53.87 | NEUTRAL | WEST is not amongst the best or worst performers 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 | MIXED | The current price of WEST is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 69.74 | NEUTRAL | The RSI value for WEST is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.04 | POSITIVE | The MACD value suggests WEST has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 85.38 | OVERBOUGHT | The high Stochastics value suggests WEST may be overbought. |
| Average True Range in percent/ATR (20) | 5.19 | HIGH VOLATILITY | The high ATR as a percentage value for WEST suggests high volalility. |
| Average Directional Index/ADX (14) | 43.05 | POSITIVE | The high ADX value value for WEST suggests a strong trend. |
WEST Chart- and CandleStick Pattern Analysis
WEST Technicals: Chart, Performance Metrics, Trend & Indicators
5.9
+0.01 (+0.17%)
WESTROCK COFFEE CO / WEST TA FAQ
What is the technical rating for WEST stock?
ChartMill assigns a technical rating of 8 / 10 to WEST.
Can you provide the trend direction for WESTROCK COFFEE CO?
The current trend direction for WESTROCK COFFEE CO (WEST) is Bullish.
Can you provide the RSI signal for WESTROCK COFFEE CO?
WESTROCK COFFEE CO (WEST) has an RSI value of 69.7434. This indicates that the stock is currently neutral.
What is the MACD signal for WEST stock?
The MACD indicator for WESTROCK COFFEE CO (WEST) has a value of 0.0365582, indicating a bearish trend.
What is the short term momentum for WESTROCK COFFEE CO (WEST) stock?
The short term momentum for WESTROCK COFFEE CO (WEST) is positive.