CACTUS INC - A (WHD) Stock Technical Analysis
USA - NYSE:WHD - US1272031071 - Common Stock
Taking everything into account, WHD scores 0 out of 10 in our technical rating. WHD'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.
WHD has a poor technical rating and the quality of the setup is also 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
38.52
We can see 3 important resistance areas.
- Resistance @40.29 from a trend line in the daily time frame.
- A resistance zone ranging from 42.34 to 43.37. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @47.30 from a horizontal line in the daily 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 | DOWN | NEGATIVE | The long term trend for WHD is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for WHD is neutral. |
| ChartMill Relative Strength | 9.97 | NEGATIVE | WHD has a low relative strength, it was outperformed by 90.03% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of WHD is above a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of WHD is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of WHD is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 54.55 | NEUTRAL | The RSI value for WHD is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.49 | POSITIVE | The MACD value suggests WHD has a positive trend. |
| Stochastics (14,3) | 87.17 | OVERBOUGHT | The high Stochastics value suggests WHD may be overbought. |
| Average True Range in percent/ATR (20) | 3.76 | MEDIUM VOLATILITY | The ATR as a percentage value for WHD suggests some volalility. |
| Average Directional Index/ADX (14) | 19.55 | NEGATIVE | The low ADX value for WHD suggests a weak or negative trend. |
38.91
-0.25 (-0.64%)
CACTUS INC - A / WHD FAQ
What is the ChartMill technical rating of CACTUS INC - A (WHD) stock?
ChartMill assigns a technical rating of 0 / 10 to WHD.
Can you provide the trend direction for CACTUS INC - A?
The current trend direction for CACTUS INC - A (WHD) is Bearish.
What is the RSI signal for WHD stock?
CACTUS INC - A (WHD) has an RSI value of 54.5455. This indicates that the stock is currently neutral.
Can you provide the MACD signal for CACTUS INC - A?
The MACD indicator for CACTUS INC - A (WHD) has a value of 0.48695, indicating a bearish trend.
What is the support and resistance level for WHD stock?
CACTUS INC - A (WHD) has a resistance level at 40.29. Check the full technical report for our detailed analysis of WHD support and resistance levels.