CACTUS INC - A (WHD)
US1272031071 - Common Stock
Taking everything into account, WHD scores 8 out of 10 in our technical rating. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, WHD is showing a nice and steady performance.
The long and short term trends are both positive. This is looking good!
WHD is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so WHD is lagging the market slightly.
In the last month WHD has a been trading in the 48.94 - 53.09 range, which is quite wide. It is currently trading in the middle of this range where prices have been consolidating recently, this may present a good entry opportunity, but some resistance may be present above.
When comparing the yearly performance of all stocks, we notice that WHD is one of the better performing stocks in the market, outperforming 88% of all stocks. However, this overall performance is mostly based on the strong move around 10 months ago.
WHD is part of the Energy Equipment & Services industry. There are 65 other stocks in this industry, WHD did better than 65% of them.
WHD has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a support zone below the current price at 50.55, a Stop Loss order could be placed below this zone.
More info and screens
40.27
57.65
3 important support areas can be observed.
- A support zone ranging from 50.32 to 50.55. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 49.12 to 49.46. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @40.68 from a trend line in the weekly time frame.
4 important resistance areas can be observed.
- A resistance zone ranging from 50.98 to 52.30. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @54.20 from a trend line in the weekly time frame.
- A resistance zone ranging from 55.54 to 55.59. This zone is formed by a combination of multiple trend lines in the weekly time frame.
- A resistance zone ranging from 56.66 to 57.08. This zone is formed by a combination of multiple trend lines in multiple time frames.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS88.65
Mansfield-0.2
10 Day High52.89
10 Day Low49.3
20 Day High53.09
20 Day Low48.94
52 Week High57
52 Week Low31.37
Performance
1 Week2.06%
2 Weeks-3.36%
1 Month-3.2%
3 Month17.2%
6 Month14.08%
12 Month44.83%
2 Year-3.55%
3 Year44.29%
5 Year55.33%
10 YearN/A
15 YearN/A
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)
Technical Indicators
MACD(12,26,9)-0.17
RSI(14)49.93
LBB49.4
UBB53.11
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 52.31 | 50.31 | 2.00 (3.82%) | 25.00% |
| An entry @52.31. This is a Buy Stop order right above the resistance zone. | An exit @50.31. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 2.00 points, which is 3.82%. | For a 0.96% total portfolio risk, you can invest 25.00% of your capital in this trade. |
- The distance between exit and entry is rather small compared to the average daily movement of WHD. Please evaluate whether better entry and exit points can be found.
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
CACTUS INC - A
NYSE:WHD (5/8/2024, 7:27:06 PM)
After market: 50.56 0 (0%)50.56
-0.91 (-1.77%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorEnergy
GICS IndustryEnergy Equipment & Services
Performance
% Chg-1.77%
1 Week2.06%
2 Weeks-3.36%
1 Month-3.2%
3 Month17.2%
6 Month14.08%
12 Month44.83%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)1.6
ATR(20)%3.07%
ATR Inc
Range Today0.75
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High52.89
10 Day Low49.3
20 Day High53.09
20 Day Low48.94
52 Week High57
52 Week Low31.37
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume432.10K
Volume Incr5.87%
Vol(5)525.32K
Vol(50)558.14K