CACTUS INC - A (WHD) Stock Technical Analysis
NYSE:WHD - New York Stock Exchange, Inc. - US1272031071 - Common Stock - Currency: USD
We assign a technical rating of 0 out of 10 to WHD. 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.
The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
90% of all other stocks performed better in the past year than WHD.
WHD is part of the Energy Equipment & Services industry. There are 61 other stocks in this industry, of which 65% are performing better than WHD.
WHD is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
WHD is currently showing a bear flag pattern! A bear flag pattern occurs when prices pull back slightly after a strong move down. This may present a good short opportunity.
WHD has a bad technical rating, but it does show a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is very little resistance above the current price.
More info and screens
37.94
47.77
When analyzing the support we notice one important area.
- Support @38.32 from a trend line in the daily time frame.
4 important resistance areas can be observed.
- Resistance @40.46 from a horizontal line in the daily time frame.
- A resistance zone ranging from 43.93 to 44.25. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 46.09 to 46.17. 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 | DOWN | NEGATIVE | The short term trend for WHD is down. |
| ChartMill Relative Strength | 10.28 | NEGATIVE | WHD has a low relative strength, it was outperformed by 89.72% off all stocks 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) | 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) | 39.62 | NEUTRAL | The RSI value for WHD is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.19 | NEGATIVE | The MACD value suggests WHD has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 22.23 | NEUTRAL | The Stochastics value for WHD is a neutral value. |
| Average True Range in percent/ATR (20) | 4.13 | MEDIUM VOLATILITY | The ATR as a percentage value for WHD suggests some volalility. |
| Average Directional Index/ADX (14) | 22.18 | NEUTRAL | The ADX value for WHD suggests a possible start of a new 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)
39.71
-0.73 (-1.81%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorEnergy
GICS IndustryEnergy Equipment & Services
Performance
% Chg-1.81%
1 Week3.3%
2 Weeks0.05%
1 Month-8.82%
3 Month-9.07%
6 Month-33.84%
12 Month-33.64%
2 Year-25.55%
3 Year-0.6%
5 Year79.76%
10 YearN/A
15 YearN/A
Volatility
ATR(14)1.75
ATR(20)%4.13%
ATR Inc-41.33%
Range Today1
ADR(20)1.57
ADR(20)%3.97%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS10.28
Mansfield-3.11
10 Day High41.41
10 Day Low37.87
20 Day High48.35
20 Day Low37.87
52 Week High70.01
52 Week Low33.8
CS1 End38.32
CR1 Start40.46
Volume & EV
DER(3)1.68%
DER(5)1.53%
Volume636.00K
Volume Incr26.33%
Vol(5)863.32K
Vol(50)656.03K