WILLIS LEASE FINANCE CORP (WLFC) Stock Technical Analysis
NASDAQ:WLFC - US9706461053 - Common Stock
152.07 USD
-0.99 (-0.65%)
152.067 USD
0 (0%)
We assign a technical rating of 7 out of 10 to WLFC. Although WLFC has been one of the better performers in the overall market, we have a mixed picture in the medium term time frame. But recently some decent action can be observed again.
The long term trend is still neutral, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
WLFC is part of the Trading Companies & Distributors industry. There are 48 other stocks in this industry. WLFC outperforms 70% of them.
When comparing the yearly performance of all stocks, we notice that WLFC is one of the better performing stocks in the market, outperforming 84% of all stocks. However, this overall performance is mostly based on the strong move around 10 months ago.
WLFC is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so WLFC is lagging the market.
In the last month WLFC has a been trading in the 132.50 - 171.37 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Considerably lower volume is observed in the last couple of days.
WLFC 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 150.46, a Stop Loss order could be placed below this zone.
More info and screens
129.67
168.11
When analyzing the support we can see 3 important areas.
- A support zone ranging from 147.76 to 150.46. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @140.09 from a trend line in the weekly time frame.
- A support zone ranging from 130.98 to 132.67. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 2 important resistance areas.
- Resistance @157.01 from a horizontal line in the weekly time frame.
- Resistance @166.45 from a trend 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 WLFC is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for WLFC is up. |
| ChartMill Relative Strength | 84.78 | POSITIVE | WLFC has a high relative strength, it outperformed 84.78% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of WLFC is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of WLFC is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of WLFC is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 53.15 | NEUTRAL | The RSI value for WLFC is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.56 | NEGATIVE | The MACD value suggests WLFC has a negative trend. |
| Stochastics (14,3) | 43.6 | NEUTRAL | The Stochastics value for WLFC is a neutral value. |
| Average True Range in percent/ATR (20) | 4.35 | MEDIUM VOLATILITY | The ATR as a percentage value for WLFC suggests some volalility. |
| Average Directional Index/ADX (14) | 13.62 | NEGATIVE | The low ADX value for WLFC suggests a weak or negative 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)
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 |
|---|---|---|---|
| 157.02 | 147.75 | 9.27 (5.90%) | 16.94% |
| An entry @157.02. This is a Buy Stop order right above the resistance zone. | An exit @147.75. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 9.27 points, which is 5.90%. | When investing 16.94% of your capital in this trade, your total portfolio risk will be 1.00%. |
- The distance between exit and entry is rather small compared to the average daily movement of WLFC. 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.
152.07
-0.99 (-0.65%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryTrading Companies & Distributors
Performance
% Chg-0.65%
1 Week2.25%
2 Weeks-5.06%
1 Month8.44%
3 Month13.2%
6 Month-24.81%
12 Month40.56%
2 Year256.72%
3 Year315.49%
5 Year611.27%
10 Year807.88%
15 Year1428.34%
Volatility
ATR(14)6.76
ATR(20)%4.35%
ATR Inc-38.27%
Range Today4.11
ADR(20)6.34
ADR(20)%4.17%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS84.78
Mansfield-1.68
10 Day High171.37
10 Day Low145.05
20 Day High171.37
20 Day Low132.5
52 Week High235.43
52 Week Low97.54
CS1 End150.46
CR1 Start157.01
Volume & EV
DER(3)-3.24%
DER(5)-1.26%
Volume41.70K
Volume Incr-20.54%
Vol(5)55.02K
Vol(50)113.31K