Overall WFRD gets a technical rating of 9 out of 10. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, WFRD is showing a nice and steady performance.
Although WFRD has an excellent technical rating, it does not present a decent entry opportunity 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
71.16
We found 4 important support areas.
- Support @79.67 from a trend line in the daily time frame.
- A support zone ranging from 76.23 to 77.66. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @73.48 from a trend line in the daily time frame.
- Support @71.88 from a trend line in the weekly 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 | 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 | 89.02 | POSITIVE | WFRD has a high relative strength, it outperformed 89.02% 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) | 68.72 | NEUTRAL | The RSI value for WFRD is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.91 | POSITIVE | The MACD value suggests WFRD has a positive trend. |
| Stochastics (14,3) | 80.74 | OVERBOUGHT | The high Stochastics value suggests WFRD may be overbought. |
| Average True Range in percent/ATR (20) | 3.09 | MEDIUM VOLATILITY | The ATR as a percentage value for WFRD suggests some volalility. |
| Average Directional Index/ADX (14) | 25.58 | POSITIVE | The high ADX value value for WFRD suggests a strong trend. |
89.24
+0.03 (+0.03%)
WEATHERFORD INTERNATIONAL PL / WFRD FAQ
What is the technical rating for WFRD stock?
ChartMill assigns a technical rating of 9 / 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 WFRD stock?
WEATHERFORD INTERNATIONAL PL (WFRD) has an RSI value of 68.7234. This indicates that the stock is currently neutral.
What is the MACD signal for WFRD stock?
The MACD indicator for WEATHERFORD INTERNATIONAL PL (WFRD) has a value of 0.907736, indicating a bearish trend.
What is the short term momentum for WEATHERFORD INTERNATIONAL PL (WFRD) stock?
The short term momentum for WEATHERFORD INTERNATIONAL PL (WFRD) is positive.