WEX INC (WEX) Technical Analysis
NYSE:WEX • US96208T1043
Current stock price
154.69 USD
+4.33 (+2.88%)
At close:
154.69 USD
0 (0%)
After Hours:
WEX Technical Rating and Analysis
Taking everything into account, WEX scores 3 out of 10 in our technical rating. In the last year, WEX was a medium performer in the overall market. We are getting mixed signals now in both the short and medium term picture.
- In the last month WEX has a been trading in the 147.33 - 167.54 range, which is quite wide. It is currently trading near the lows of this range.
- WEX is one of the better performing stocks in the Financial Services industry, it outperforms 76% of 100 stocks in the same industry.
- Both the short term and long term trends are neutral. So this is not the most entertaining stock around.
- When compared to the yearly performance of all other stocks, WEX outperforms 64% of them, which is more or less in line with the market.
- WEX is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so WEX is lagging the market slightly.
WEX Weekly and Daily overview Charts
WEX Setup Rating and Analysis
Although the technical rating is bad, WEX does present a nice setup opportunity. Prices have been consolidating lately. There is a support zone below the current price at 149.20, a Stop Loss order could be placed below this zone.
More info and screens
WEX Support and Resistance Analysis
135.03
168.75
When analyzing the support we can see 2 important areas.
- A support zone ranging from 144.28 to 149.20. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 136.39 to 136.90. This zone is formed by a combination of multiple trend lines in multiple time frames.
2 important resistance areas can be observed.
- A resistance zone ranging from 155.54 to 156.08. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 164.32 to 167.08. This zone is formed by a combination of multiple trend lines in multiple time frames.
WEX 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 | NEUTRAL | NEUTRAL | The long term trend for WEX is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for WEX is neutral. |
| ChartMill Relative Strength | 64.03 | NEUTRAL | WEX is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of WEX is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of WEX is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | MIXED | The current price of WEX is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 49.79 | NEUTRAL | The RSI value for WEX is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.27 | NEGATIVE | The MACD value suggests WEX has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 34.26 | NEUTRAL | The Stochastics value for WEX is a neutral value. |
| Average True Range in percent/ATR (20) | 4.55 | MEDIUM VOLATILITY | The ATR as a percentage value for WEX suggests some volalility. |
| Average Directional Index/ADX (14) | 13.77 | NEGATIVE | The low ADX value for WEX suggests a weak or negative trend. |
WEX Chart- and CandleStick Pattern Analysis
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)
WEX Technicals: Chart, Performance Metrics, Trend & Indicators
154.69
+4.33 (+2.88%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryFinancial Services
Performance
% Chg2.88%
1 Week-0.26%
2 Weeks1.98%
1 Month-6.87%
3 Month4.25%
6 Month-3.11%
12 Month21.88%
2 Year-26.78%
3 Year-12.78%
5 Year-24.62%
10 Year63.71%
15 YearN/A
Volatility
ATR(14)7
ATR(20)%4.55%
ATR Inc31.47%
Range Today10.08
ADR(20)6.88
ADR(20)%4.45%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS64.03
3 months CRS76.26
6 months CRS44.04
Mansfield0
10 Day High159.15
10 Day Low147.33
20 Day High167.54
20 Day Low147.33
52 Week High180.71
52 Week Low110.45
CS1 End149.2
CR1 Start155.54
Volume & EV
DER(3)2.08%
DER(5)1.1%
Volume458.90K
Volume Incr-4.99%
Vol(5)459.60K
Vol(50)489.23K
WEX INC / WEX TA FAQ
What is the technical rating for WEX stock?
ChartMill assigns a technical rating of 3 / 10 to WEX.
Can you provide the trend direction for WEX INC?
The current trend direction for WEX INC (WEX) is Bearish.
Can you provide the RSI signal for WEX INC?
WEX INC (WEX) has an RSI value of 49.7905. This indicates that the stock is currently neutral.
Can you provide the short term momentum for WEX INC?
The short term momentum for WEX INC (WEX) is neutral.