CACTUS INC - A (WHD) Technical Analysis
NYSE:WHD • US1272031071
Current stock price
WHD Technical Rating and Analysis
Taking everything into account, WHD scores 2 out of 10 in our technical rating. WHD 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.
- WHD is one of the lesser performing stocks in the Energy Equipment & Services industry. 84% of 60 stocks in the same industry do better.
- In the last month WHD has a been trading in the 45.12 - 59.25 range, which is quite wide. It is currently trading near the lows of this range.
- Prices have been falling strongly lately, it is better to avoid new long positions here.
- Volume is considerably higher in the last couple of days. In combination with the strong move down this is a bad signal.
- WHD has an average volume of 1078970 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- The long term trend is neutral, but the short term trend is negative. Better to stay away from this!
- When comparing the performance of all stocks over the past year, WHD turns out to be only a medium performer in the overall market: it outperformed 49% of all stocks.
- WHD is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so WHD is lagging the market slightly.
WHD Weekly and Daily overview Charts
WHD Setup Rating and Analysis
The technical rating of WHD is bad and it also does not present a quality setup 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
WHD Support and Resistance Analysis
45.53
We found 1 important support area.
- A support zone ranging from 45.99 to 46.35. This zone is formed by a combination of multiple trend lines in multiple time frames.
2 important resistance areas can be observed.
- A resistance zone ranging from 51.13 to 51.71. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 57.95 to 58.48. This zone is formed by a combination of multiple trend lines in multiple time frames.
WHD Technical Indicator Signal Analysis
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 | NEUTRAL | NEUTRAL | The long term trend for WHD is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for WHD is down. |
| ChartMill Relative Strength | 49.98 | NEUTRAL | WHD is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of WHD is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of WHD is below the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of WHD is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 33.09 | NEUTRAL | The RSI value for WHD is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.95 | NEGATIVE | The MACD value suggests WHD has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 6.03 | OVERSOLD | The low Stochastics value suggests WHD may be oversold. |
| Average True Range in percent/ATR (20) | 5.56 | HIGH VOLATILITY | The high ATR as a percentage value for WHD suggests high volalility. |
| Average Directional Index/ADX (14) | 34.15 | POSITIVE | The high ADX value value for WHD suggests a strong trend. |
WHD Chart- and CandleStick Pattern Analysis
WHD Technicals: Chart, Performance Metrics, Trend & Indicators
46.36
+0.36 (+0.78%)
CACTUS INC - A / WHD TA FAQ
What is the ChartMill technical rating of CACTUS INC - A (WHD) stock?
ChartMill assigns a technical rating of 2 / 10 to WHD.
What is the current trend direction of CACTUS INC - A (WHD) stock?
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 33.093. This indicates that the stock is currently neutral.
What is the short term momentum for WHD stock?
The short term momentum for CACTUS INC - A (WHD) is negative.
What are the support and resistance levels for CACTUS INC - A (WHD) stock?
CACTUS INC - A (WHD) has a support level at 46.35 and a resistance level at 51.13. Check the full technical report for our detailed analysis of WHD support and resistance levels.