WEATHERFORD INTERNATIONAL PL (WFRD) Stock Technical Analysis
NASDAQ:WFRD - Nasdaq - IE00BLNN3691 - Common Stock - Currency: USD
We assign a technical rating of 1 out of 10 to WFRD. WFRD's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
95% of all other stocks performed better in the past year than WFRD.
WFRD is one of the lesser performing stocks in the Energy Equipment & Services industry. 79% of 63 stocks in the same industry do better.
WFRD is currently trading near the lower end of its 52 week range, which is not a good sign. The S&P500 Index is trading in the upper part of its 52 week range, so WFRD is lagging the market.
In the last month WFRD has a been trading in the 42.57 - 51.17 range, which is quite wide. It is currently trading near the lows of this range.
WFRD has an average volume of 1612910 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
WFRD has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. We notice that large players showed an interest for WFRD in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
43.16
50.50
We can see 3 important resistance areas.
- A resistance zone ranging from 45.74 to 46.41. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A resistance zone ranging from 48.04 to 48.49. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 49.36 to 50.00. This zone is formed by a combination of multiple trend lines and important moving averages 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 | DOWN | NEGATIVE | The long term trend for WFRD is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for WFRD is down. |
| ChartMill Relative Strength | 5.81 | NEGATIVE | WFRD has a low relative strength, it was outperformed by 94.19% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of WFRD is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of WFRD is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of WFRD is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 41.5 | NEUTRAL | The RSI value for WFRD is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.2 | NEGATIVE | The MACD value suggests WFRD has a negative trend. |
| Stochastics (14,3) | 14.4 | OVERSOLD | The low Stochastics value suggests WFRD may be oversold. |
| Average True Range in percent/ATR (20) | 4.39 | MEDIUM VOLATILITY | The ATR as a percentage value for WFRD suggests some volalility. |
| Average Directional Index/ADX (14) | 16.22 | NEGATIVE | The low ADX value for WFRD suggests a weak or negative 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)
43.6
-2.05 (-4.49%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorEnergy
GICS IndustryEnergy Equipment & Services
Performance
% Chg-4.49%
1 Week-5.48%
2 Weeks-10.07%
1 Month2.32%
3 Month-29.58%
6 Month-47.02%
12 Month-63.77%
2 Year-22.75%
3 Year28.84%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)1.87
ATR(20)%4.39%
ATR Inc-17.33%
Range Today1.34
ADR(20)1.62
ADR(20)%3.72%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS5.81
Mansfield-4.73
10 Day High48.86
10 Day Low43.54
20 Day High51.17
20 Day Low42.57
52 Week High135
52 Week Low36.74
CS1 EndN/A
CR1 Start45.74
Volume & EV
DER(3)0.93%
DER(5)3.3%
Volume1.40M
Volume Incr-18.13%
Vol(5)1.13M
Vol(50)1.61M