WYNDHAM HOTELS & RESORTS INC (WH) Stock Technical Analysis
NYSE:WH - New York Stock Exchange, Inc. - US98311A1051 - Common Stock - Currency: USD
Taking everything into account, WH scores 2 out of 10 in our technical rating. WH has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.
Although the technical rating is bad, WH does present a nice setup opportunity. Prices have been consolidating lately. A pullback is taking place, which may present a nice opportunity for an entry. There is a resistance zone just above the current price starting at 88.70. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 86.76, a Stop Loss order could be placed below this zone. Another positive sign is the recent Pocket Pivot signal.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
75.74
5 important support areas can be observed.
- A support zone ranging from 85.88 to 86.76. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Support @82.77 from a trend line in the weekly time frame.
- Support @81.44 from a horizontal line in the weekly time frame.
- Support @78.47 from a horizontal line in the daily time frame.
- Support @76.50 from a horizontal line in the daily time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 88.70 to 88.74. 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 WH is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for WH is neutral. |
| ChartMill Relative Strength | 57.61 | NEUTRAL | WH is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of WH is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of WH is above a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | MIXED | The current price of WH is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 52.99 | NEUTRAL | The RSI value for WH is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.16 | POSITIVE | The MACD value suggests WH has a positive trend. |
| Stochastics (14,3) | 41.83 | NEUTRAL | The Stochastics value for WH is a neutral value. |
| Average True Range in percent/ATR (20) | 2.82 | MEDIUM VOLATILITY | The ATR as a percentage value for WH suggests some volalility. |
| Average Directional Index/ADX (14) | 14.39 | NEGATIVE | The low ADX value for WH suggests a weak or negative trend. |
87.27
+2.8 (+3.31%)