CACTUS INC - A (WHD) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:WHD - US1272031071 - Common Stock
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.
WHD has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 42.65. Right above this resistance zone may be a good entry point.
More info and screens
39.33
We found 1 important support area.
- A support zone ranging from 39.73 to 39.77. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
We can see 4 important resistance areas.
- A resistance zone ranging from 42.65 to 43.36. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @44.38 from a horizontal line in the daily time frame.
- Resistance @46.21 from a horizontal line in the weekly time frame.
- 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 | NEUTRAL | NEUTRAL | The long term trend for WHD is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for WHD is neutral. |
| ChartMill Relative Strength | 16.43 | NEGATIVE | WHD has a low relative strength, it was outperformed by 83.57% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of WHD is below 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) | 51.75 | NEUTRAL | The RSI value for WHD is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.36 | NEGATIVE | The MACD value suggests WHD has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 23.24 | NEUTRAL | The Stochastics value for WHD is a neutral value. |
| Average True Range in percent/ATR (20) | 4.78 | MEDIUM VOLATILITY | The ATR as a percentage value for WHD suggests some volalility. |
| Average Directional Index/ADX (14) | 22.36 | NEUTRAL | The ADX value for WHD suggests a possible start of a new trend. |
41.18
+1.4 (+3.52%)
CACTUS INC - A / WHD FAQ
What is the ChartMill technical rating of CACTUS INC - A (WHD) stock?
ChartMill assigns a technical rating of 3 / 10 to WHD.
Can you provide the trend direction for CACTUS INC - A?
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 51.752. This indicates that the stock is currently neutral.
Can you provide the MACD signal for CACTUS INC - A?
The MACD indicator for CACTUS INC - A (WHD) has a value of -0.360364, indicating a bearish trend.
What is the support and resistance level for WHD stock?
CACTUS INC - A (WHD) has a support level at 39.77 and a resistance level at 42.65. Check the full technical report for our detailed analysis of WHD support and resistance levels.