Taking everything into account, WEST scores 0 out of 10 in our technical rating. WEST scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
Although the technical rating is bad, WEST does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. There is a resistance zone just above the current price starting at 4.33. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 4.17, a Stop Loss order could be placed below this zone.
More info and screens
4.11
We found 1 important support area.
- A support zone ranging from 4.15 to 4.17. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
We can see 5 important resistance areas.
- A resistance zone ranging from 4.33 to 4.36. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @4.80 from a trend line in the daily time frame.
- Resistance @5.63 from a trend line in the daily time frame.
- Resistance @6.15 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 | 9.43 | NEGATIVE | WEST has a low relative strength, it was outperformed by 90.57% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of WEST is above 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) | 47.59 | NEUTRAL | The RSI value for WEST is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.02 | POSITIVE | The MACD value suggests WEST has a positive trend. |
| Stochastics (14,3) | 25.72 | NEUTRAL | The Stochastics value for WEST is a neutral value. |
| Average True Range in percent/ATR (20) | 5.71 | HIGH VOLATILITY | The high ATR as a percentage value for WEST suggests high volalility. |
| Average Directional Index/ADX (14) | 14.59 | NEGATIVE | The low ADX value for WEST suggests a weak or negative trend. |
4.18
+0.14 (+3.47%)
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 47.5888. This indicates that the stock is currently neutral.
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 support level at 4.17 and a resistance level at 4.33. Check the full technical report for our detailed analysis of WEST support and resistance levels.