CACTUS INC - A (WHD) Technical Analysis
NYSE:WHD • US1272031071
Current stock price
WHD Technical Rating and Analysis
Taking everything into account, WHD scores 7 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.
- WHD is part of the Energy Equipment & Services industry. There are 62 other stocks in this industry, of which 73% are performing better than WHD.
- Both the short term and long term trends are positive. This is a very positive sign.
- When comparing the yearly performance of all stocks, we notice that WHD is one of the better performing stocks in the market, outperforming 75% of all stocks.
- 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.
- WHD is currently showing a bull flag pattern! A bull flag pattern occurs when prices pull back slightly after a strong rise up. This may be a nice opportunity for an entry.
- WHD has an average volume of 1117580 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
WHD Weekly and Daily overview Charts
WHD Setup Rating and Analysis
Besides having an excellent technical rating, WHD also presents 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 53.38, a Stop Loss order could be placed below this zone.
More info and screens
WHD Support and Resistance Analysis
43.39
6 important support areas can be observed.
- A support zone ranging from 52.51 to 53.38. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 51.16 to 51.64. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @48.23 from a trend line in the weekly time frame.
- Support @47.38 from a trend line in the daily time frame.
- Support @45.68 from a horizontal line in the daily time frame.
- Support @43.83 from a horizontal line in the daily time frame.
We can see 2 important resistance areas.
- Resistance @56.98 from a trend line in the weekly time frame.
- A resistance zone ranging from 58.45 to 58.77. 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 | UP | POSITIVE | The long term trend for WHD is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for WHD is up. |
| ChartMill Relative Strength | 75.59 | POSITIVE | WHD has a high relative strength, it outperformed 75.59% off all stocks 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) | DOWN | MIXED | The current price of WHD is above a declining 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) | 61.36 | NEUTRAL | The RSI value for WHD is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.34 | POSITIVE | The MACD value suggests WHD has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 81.99 | OVERBOUGHT | The high Stochastics value suggests WHD may be overbought. |
| Average True Range in percent/ATR (20) | 3.12 | MEDIUM VOLATILITY | The ATR as a percentage value for WHD suggests some volalility. |
| Average Directional Index/ADX (14) | 23.11 | NEUTRAL | The ADX value for WHD suggests a possible start of a new trend. |
WHD Chart- and CandleStick Pattern Analysis
WHD Example Setup
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 |
|---|---|---|---|
| 56.99 | 52.50 | 4.49 (7.88%) | 12.69% |
| An entry @56.99. This is a Buy Stop order right above the resistance zone. | An exit @52.50. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 4.49 points, which is 7.88%. | When investing 12.69% of your capital in this trade, your total portfolio risk will be 1.00%. |
- 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.
WHD Technicals: Chart, Performance Metrics, Trend & Indicators
54.15
+0.82 (+1.54%)
CACTUS INC - A / WHD TA FAQ
What is the ChartMill technical rating of CACTUS INC - A (WHD) stock?
ChartMill assigns a technical rating of 7 / 10 to WHD.
What is the trend direction for WHD stock?
The current trend direction for CACTUS INC - A (WHD) is Bullish.
What is the RSI signal for CACTUS INC - A (WHD) stock?
CACTUS INC - A (WHD) has an RSI value of 61.3568. 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 0.342131, indicating a bearish trend.
What is the buy/sell signal for CACTUS INC - A (WHD) stock?
The buy/sell signal for CACTUS INC - A (WHD) is buy as both the short term and long term trends are positive.