Taking everything into account, WEX scores 1 out of 10 in our technical rating. WEX scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
When comparing the yearly performance of all stocks, WEX is a bad performer in the overall market: 84% of all stocks are doing better.
WEX is one of the lesser performing stocks in the Financial Services industry. 75% of 101 stocks in the same industry do better.
WEX is currently trading in the lower part of its 52 week range, which is not a good signal. Agreed, the S&P500 Index is also not doing fantastic, but it still sitting in the middle of its 52 week range.
In the last month WEX has a been trading in the 118.67 - 134.34 range, which is quite wide. It is currently trading in the middle of this range where prices have been consolidating recently, this may present a good entry opportunity, but some resistance may be present above.
WEX has an average volume of 1124880 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Considerably lower volume is observed in the last couple of days.