WILLIS LEASE FINANCE CORP (WLFC) Technical Analysis
NASDAQ:WLFC • US9706461053
Current stock price
WLFC Technical Rating and Analysis
Taking everything into account, WLFC scores 7 out of 10 in our technical rating. Although WLFC is only a medium performer in the overall market, the technical picture looks good in both the medium and short term time frames.
- Both the short term and long term trends are positive. This is a very positive sign.
- WLFC 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 WLFC is lagging the market slightly.
- Looking at the yearly performance, WLFC did better than 70% of all other stocks. However, this overall performance is mostly based on the strong move around 4 months ago.
- WLFC is an average performer in the Trading Companies & Distributors industry, it outperforms 60% of 46 stocks in the same industry.
- In the last month WLFC has a been trading in the 162.01 - 217.54 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
- Volume is considerably higher in the last couple of days.
WLFC Weekly and Daily overview Charts
WLFC Setup Rating and Analysis
Although WLFC has an excellent technical rating, it does not offer a high quality setup at the moment. Prices have been extended to the downside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
WLFC Support and Resistance Analysis
135.96
When analyzing the support we can see 3 important areas.
- Support @171.40 from a trend line in the daily time frame.
- A support zone ranging from 165.20 to 165.21. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @137.33 from a trend line in the weekly time frame.
We found 1 important resistance area.
- A resistance zone ranging from 209.78 to 210.02. This zone is formed by a combination of multiple trend lines in multiple time frames.
WLFC 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 WLFC is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for WLFC is up. |
| ChartMill Relative Strength | 70.73 | POSITIVE | WLFC has a high relative strength, it outperformed 70.73% 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) | DOWN | MIXED | The current price of WLFC is above a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of WLFC is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 50.94 | NEUTRAL | The RSI value for WLFC is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 1.25 | POSITIVE | The MACD value suggests WLFC has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 68.75 | NEUTRAL | The Stochastics value for WLFC is a neutral value. |
| Average True Range in percent/ATR (20) | 4.23 | MEDIUM VOLATILITY | The ATR as a percentage value for WLFC suggests some volalility. |
| Average Directional Index/ADX (14) | 26.71 | POSITIVE | The high ADX value value for WLFC suggests a strong trend. |
WLFC Chart- and CandleStick Pattern Analysis
WLFC Technicals: Chart, Performance Metrics, Trend & Indicators
191.91
-11.36 (-5.59%)
WILLIS LEASE FINANCE CORP / WLFC TA FAQ
Can you provide the ChartMill technical rating for WILLIS LEASE FINANCE CORP?
ChartMill assigns a technical rating of 7 / 10 to WLFC.
What is the current trend direction of WILLIS LEASE FINANCE CORP (WLFC) stock?
The current trend direction for WILLIS LEASE FINANCE CORP (WLFC) is Bullish.
What is the RSI signal for WLFC stock?
WILLIS LEASE FINANCE CORP (WLFC) has an RSI value of 50.9434. This indicates that the stock is currently neutral.
Can you provide the short term momentum for WILLIS LEASE FINANCE CORP?
The short term momentum for WILLIS LEASE FINANCE CORP (WLFC) is positive.
What is the buy/sell signal for WILLIS LEASE FINANCE CORP (WLFC) stock?
The buy/sell signal for WILLIS LEASE FINANCE CORP (WLFC) is buy as both the short term and long term trends are positive.