CACTUS INC - A (WHD) Stock Technical Analysis
NYSE:WHD - New York Stock Exchange, Inc. - US1272031071 - Common Stock - Currency: USD
Taking everything into account, WHD scores 5 out of 10 in our technical rating. In the past year, WHD was only an average performing stock in the market. The medium term picture is unclear, although we see some positive events in recent action.
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.
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 40% of all stocks.
WHD is part of the Energy Equipment & Services industry. There are 63 other stocks in this industry, WHD did better than 58% 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.
In the last month WHD has a been trading in the 42.84 - 47.62 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
WHD has only a medium technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is very little resistance above the current price. There is a support zone below the current price at 45.23, a Stop Loss order could be placed below this zone.
More info and screens
42.48
47.77
When analyzing the support we can see 2 important areas.
- A support zone ranging from 44.31 to 45.23. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 42.91 to 43.43. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
2 important resistance areas can be observed.
- Resistance @46.18 from a horizontal line in the weekly time frame.
- A resistance zone ranging from 46.92 to 47.30. This zone is formed by a combination of multiple trend lines 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 | 40.55 | 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) | UP | POSITIVE | The current price of WHD is above the rising 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) | 55.98 | NEUTRAL | The RSI value for WHD is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.12 | NEGATIVE | The MACD value suggests WHD has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 50.43 | NEUTRAL | The Stochastics value for WHD is a neutral value. |
| Average True Range in percent/ATR (20) | 2.97 | MEDIUM VOLATILITY | The ATR as a percentage value for WHD suggests some volalility. |
| Average Directional Index/ADX (14) | 25.18 | 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)
45.27
+0.01 (+0.02%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorEnergy
GICS IndustryEnergy Equipment & Services
Performance
% Chg0.02%
1 Week1.41%
2 Weeks-0.48%
1 Month1.75%
3 Month20.5%
6 Month-25.69%
12 Month-11.55%
2 Year-10.85%
3 Year8.85%
5 Year100.13%
10 YearN/A
15 YearN/A
Volatility
ATR(14)1.35
ATR(20)%2.97%
ATR Inc-11.53%
Range Today0.76
ADR(20)1.28
ADR(20)%2.83%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS40.55
Mansfield-2.32
10 Day High46.35
10 Day Low42.84
20 Day High47.62
20 Day Low42.84
52 Week High70.01
52 Week Low33.8
CS1 End45.23
CR1 Start46.18
Volume & EV
DER(3)-1.66%
DER(5)-0.69%
Volume202.90K
Volume Incr-18.22%
Vol(5)556.44K
Vol(50)673.24K