WEX INC (WEX) Stock Technical Analysis
USA - NYSE:WEX - US96208T1043 - Common Stock
Taking everything into account, WEX scores 0 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.
WEX has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a support zone below the current price at 145.67, a Stop Loss order could be placed below this zone.
More info and screens
143.36
We found 1 important support area.
- A support zone ranging from 144.81 to 145.67. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 4 important resistance areas.
- A resistance zone ranging from 155.75 to 156.63. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 159.37 to 160.93. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 169.87 to 171.32. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @175.95 from a horizontal line in the daily 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 | 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 | 16.27 | NEGATIVE | WEX has a low relative strength, it was outperformed by 83.73% 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 | NEGATIVE | The current price of WEX is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 37.66 | NEUTRAL | The RSI value for WEX is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.66 | NEGATIVE | The MACD value suggests WEX has a negative trend. |
| Stochastics (14,3) | 19.52 | OVERSOLD | The low Stochastics value suggests WEX may be oversold. |
| Average True Range in percent/ATR (20) | 3.65 | MEDIUM VOLATILITY | The ATR as a percentage value for WEX suggests some volalility. |
| Average Directional Index/ADX (14) | 27.96 | POSITIVE | The high ADX value value for WEX suggests a strong trend. |
145.68
+0.86 (+0.59%)
WEX INC / WEX FAQ
What is the technical rating for WEX stock?
ChartMill assigns a technical rating of 0 / 10 to WEX.
What is the current trend direction of WEX INC (WEX) stock?
The current trend direction for WEX INC (WEX) is Bearish.
What is the RSI signal for WEX INC (WEX) stock?
WEX INC (WEX) has an RSI value of 37.6617. This indicates that the stock is currently neutral.
Can you provide the support and resistance levels for WEX INC?
WEX INC (WEX) has a support level at 145.67 and a resistance level at 155.75. Check the full technical report for our detailed analysis of WEX support and resistance levels.