WEATHERFORD INTERNATIONAL PL (WFRD) Technical Analysis
NASDAQ:WFRD • IE00BLNN3691
Current stock price
WFRD Technical Rating and Analysis
Taking everything into account, WFRD scores 10 out of 10 in our technical rating. 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 93% 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 currently trading in the upper part of its 52 week range. The S&P500 Index is also trading in the upper part of its 52 week range, so WFRD is performing more or less in line with the market.
- In the last month WFRD has a been trading in the 83.53 - 97.79 range, which is quite wide. It is currently trading near the high of this range.
- WFRD has an average volume of 1386130 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- WFRD is an average performer in the Energy Equipment & Services industry, it outperforms 62% of 60 stocks in the same industry.
WFRD Weekly and Daily overview Charts
WFRD Setup Rating and Analysis
WFRD has an excellent technical rating and also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is very little resistance above the current price.
More info and screens
WFRD Support and Resistance Analysis
80.69
When analyzing the support we can see 4 important areas.
- Support @88.53 from a trend line in the daily time frame.
- A support zone ranging from 85.12 to 86.14. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @83.14 from a horizontal line in the daily time frame.
- Support @81.51 from a trend line in the weekly time frame.
When analyzing the resistance we notice 2 important areas.
- Resistance @103.02 from a trend line in the weekly time frame.
- A resistance zone ranging from 105.51 to 106.86. 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 | 93.97 | POSITIVE | WFRD has a high relative strength, it outperformed 93.97% 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 | MIXED | The current price of WFRD is below 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) | 53.55 | NEUTRAL | The RSI value for WFRD is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.74 | POSITIVE | The MACD value suggests WFRD has a positive trend. |
| Stochastics (14,3) | 78.21 | NEUTRAL | The Stochastics value for WFRD is a neutral value. |
| Average True Range in percent/ATR (20) | 4.43 | MEDIUM VOLATILITY | The ATR as a percentage value for WFRD suggests some volalility. |
| Average Directional Index/ADX (14) | 16.31 | NEGATIVE | The low ADX value for WFRD suggests a weak or negative trend. |
WFRD Chart- and CandleStick Pattern Analysis
WFRD Example Setup
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 97.80 | 88.52 | 9.28 (9.49%) | 10.54% |
| An entry @97.80. This is a Buy Stop order right above the 10 day high. | An exit @88.52. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 9.28 points, which is 9.49%. | For a 1.00% total portfolio risk, you can invest 10.54% of your capital in this trade. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
WFRD Technicals: Chart, Performance Metrics, Trend & Indicators
95.29
+1.11 (+1.18%)
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 53.5512. 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 88.53 and a resistance level at 103.02. Check the full technical report for our detailed analysis of WFRD support and resistance levels.