WEX INC (WEX) Stock Technical Analysis
USA - NYSE:WEX - US96208T1043 - Common Stock
159.09 USD
+1.7 (+1.08%)
159.09 USD
0 (0%)
We assign a technical rating of 1 out of 10 to WEX. In the last year, WEX was among the worst performers in the market. Also the short term picture is negative, the medium term is unclear at the moment.
82% of all other stocks performed better in the past year than WEX.
WEX is one of the lesser performing stocks in the Financial Services industry. 64% of 99 stocks in the same industry do better.
In the last month WEX has a been trading in the 156.09 - 176.94 range, which is quite wide. It is currently trading near the lows of this range.
The short term trend is negative, the long term trend is neutral. Not much exciting going on here.
WEX is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so WEX is lagging the market.
WEX has a bad technical rating, but it does show a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is a support zone below the current price at 159.08, a Stop Loss order could be placed below this zone.
More info and screens
155.81
178.03
We found 1 important support area.
- A support zone ranging from 157.38 to 159.08. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
We found 1 important resistance area.
- A resistance zone ranging from 173.10 to 176.27. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 | DOWN | NEGATIVE | The short term trend for WEX is down. |
| ChartMill Relative Strength | 18.25 | NEGATIVE | WEX has a low relative strength, it was outperformed by 81.75% off all stocks 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) | DOWN | MIXED | The current price of WEX is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 42.51 | NEUTRAL | The RSI value for WEX is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.33 | NEGATIVE | The MACD value suggests WEX has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 14.9 | OVERSOLD | The low Stochastics value suggests WEX may be oversold. |
| Average True Range in percent/ATR (20) | 2.73 | MEDIUM VOLATILITY | The ATR as a percentage value for WEX suggests some volalility. |
| Average Directional Index/ADX (14) | 27.84 | POSITIVE | The high ADX value value for WEX suggests a strong trend. |
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)
159.09
+1.7 (+1.08%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryFinancial Services
Performance
% Chg1.08%
1 Week-0.33%
2 Weeks-1.44%
1 Month-6.18%
3 Month5.61%
6 Month26.3%
12 Month-25.53%
2 Year-4.44%
3 Year-3.08%
5 Year25.71%
10 Year76.94%
15 YearN/A
Volatility
ATR(14)3.98
ATR(20)%2.73%
ATR Inc-35.54%
Range Today2.22
ADR(20)4.14
ADR(20)%2.6%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS18.25
Mansfield-1.14
10 Day High162.03
10 Day Low156.09
20 Day High176.95
20 Day Low156.09
52 Week High217.47
52 Week Low110.45
CS1 End159.08
CR1 Start173.1
Volume & EV
DER(3)-0.95%
DER(5)-0.12%
Volume326.30K
Volume Incr-29.15%
Vol(5)249.34K
Vol(50)345.00K