CACTUS INC - A (WHD) Stock Technical Analysis
NYSE:WHD - New York Stock Exchange, Inc. - US1272031071 - Common Stock - Currency: USD
Overall WHD gets a technical rating of 3 out of 10. Recently some decent action could be observed, but in the medium term time frame this is still negative. WHD was also a bad performer in the overall market in the last year.
When comparing the yearly performance of all stocks, WHD is a bad performer in the overall market: 68% of all stocks are doing better.
In the last month WHD has a been trading in the 40.15 - 47.62 range, which is quite wide. It is currently trading near the high of this range.
The long term trend is still negative, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
WHD is part of the Energy Equipment & Services industry. There are 63 other stocks in this industry, WHD did better than 62% of them.
WHD is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so WHD is lagging the market.
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
40.56
49.53
We found 2 important support areas.
- Support @42.49 from a trend line in the daily time frame.
- A support zone ranging from 40.97 to 41.07. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
We can see 3 important resistance areas.
- Resistance @46.10 from a horizontal line in the weekly time frame.
- Resistance @47.05 from a horizontal line in the daily time frame.
- Resistance @49.04 from a trend 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 | UP | POSITIVE | The short term trend for WHD is up. |
| ChartMill Relative Strength | 32 | NEUTRAL | WHD is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of WHD is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of WHD is above 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) | 63.34 | NEUTRAL | The RSI value for WHD is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.42 | POSITIVE | The MACD value suggests WHD has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 87.28 | OVERBOUGHT | The high Stochastics value suggests WHD may be overbought. |
| Average True Range in percent/ATR (20) | 3.14 | MEDIUM VOLATILITY | The ATR as a percentage value for WHD suggests some volalility. |
| Average Directional Index/ADX (14) | 29.81 | POSITIVE | The high ADX value value for WHD suggests a strong 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)
46.09
-0.95 (-2.02%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorEnergy
GICS IndustryEnergy Equipment & Services
Performance
% Chg-2.02%
1 Week2.6%
2 Weeks10%
1 Month4.04%
3 Month2.42%
6 Month-27.04%
12 Month-7.56%
2 Year8.91%
3 Year14.45%
5 Year123.41%
10 YearN/A
15 YearN/A
Volatility
ATR(14)1.49
ATR(20)%3.14%
ATR Inc-21.82%
Range Today0.89
ADR(20)1.32
ADR(20)%2.87%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS32
Mansfield-2
10 Day High47.62
10 Day Low40.48
20 Day High47.62
20 Day Low40.15
52 Week High70.01
52 Week Low33.8
CS1 End42.49
CR1 Start46.1
Volume & EV
DER(3)0.15%
DER(5)1.39%
Volume704.40K
Volume Incr1%
Vol(5)655.76K
Vol(50)870.44K