WEATHERFORD INTERNATIONAL PL (WFRD) Technical Analysis
NASDAQ:WFRD • IE00BLNN3691
Current stock price
WFRD Technical Rating and Analysis
We assign a technical rating of 10 out of 10 to WFRD. Both in the recent history as in the last year, WFRD has proven to be a steady performer, scoring decent points in every aspect analyzed.
- The long and short term trends are both positive. This is looking good!
- Looking at the yearly performance, WFRD did better than 94% of all other stocks. We also observe that the gains produced by WFRD over the past year are nicely spread over this period.
- WFRD is part of the Energy Equipment & Services industry. There are 62 other stocks in this industry. WFRD outperforms 70% of them.
- WFRD is currently trading near its 52 week high, which is a good sign. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
- In the last month WFRD has a been trading in the 92.20 - 109.28 range, which is quite wide. It is currently trading near the high of this range.
- WFRD has an average volume of 1404590 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
WFRD Weekly and Daily overview Charts
WFRD Setup Rating and Analysis
WFRD has an excellent technical rating, but the quality of the setup is only medium at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
WFRD Support and Resistance Analysis
82.31
When analyzing the support we can see 4 important areas.
- A support zone ranging from 99.26 to 99.45. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 91.51 to 91.95. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @87.85 from a trend line in the daily time frame.
- A support zone ranging from 83.14 to 83.91. This zone is formed by a combination of multiple trend lines in multiple time frames.
WFRD 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 | UP | POSITIVE | The long term trend for WFRD is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for WFRD is up. |
| ChartMill Relative Strength | 94.92 | POSITIVE | WFRD has a high relative strength, it outperformed 94.92% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of WFRD is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of WFRD is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of WFRD is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 68.45 | NEUTRAL | The RSI value for WFRD is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.58 | POSITIVE | The MACD value suggests WFRD has a positive trend. |
| Stochastics (14,3) | 76.37 | NEUTRAL | The Stochastics value for WFRD is a neutral value. |
| Average True Range in percent/ATR (20) | 4.04 | MEDIUM VOLATILITY | The ATR as a percentage value for WFRD suggests some volalility. |
| Average Directional Index/ADX (14) | 20.68 | NEUTRAL | The ADX value for WFRD suggests a possible start of a new trend. |
WFRD Chart- and CandleStick Pattern Analysis
WFRD Technicals: Chart, Performance Metrics, Trend & Indicators
108.54
+5.61 (+5.45%)
WEATHERFORD INTERNATIONAL PL / WFRD TA FAQ
What is the technical rating for WFRD stock?
ChartMill assigns a technical rating of 10 / 10 to WFRD.
What is the current trend direction of WEATHERFORD INTERNATIONAL PL (WFRD) stock?
The current trend direction for WEATHERFORD INTERNATIONAL PL (WFRD) is Bullish.
What is the RSI signal for WEATHERFORD INTERNATIONAL PL (WFRD) stock?
WEATHERFORD INTERNATIONAL PL (WFRD) has an RSI value of 68.4476. This indicates that the stock is currently neutral.
What is the buy/sell signal for WEATHERFORD INTERNATIONAL PL (WFRD) stock?
The buy/sell signal for WEATHERFORD INTERNATIONAL PL (WFRD) is buy as both the short term and long term trends are positive.
What are the support and resistance levels for WEATHERFORD INTERNATIONAL PL (WFRD) stock?
WEATHERFORD INTERNATIONAL PL (WFRD) has a support level at 99.45. Check the full technical report for our detailed analysis of WFRD support and resistance levels.