WILLIS LEASE FINANCE CORP (WLFC) Stock Technical Analysis
USA - NASDAQ:WLFC - US9706461053 - Common Stock
148.31 USD
-0.21 (-0.14%)
148.31 USD
0 (0%)
We assign a technical rating of 4 out of 10 to WLFC. In the last year, WLFC was a medium performer in the overall market. We are getting mixed signals now in both the short and medium term picture.
WLFC 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.
In the last month WLFC has a been trading in the 143.39 - 157.55 range, which is quite wide. It is currently trading in the middle of this range where prices have been consolidating recently, this may present a good entry opportunity, but some resistance may be present above.
Both the short term and long term trends are neutral. So this is not the most entertaining stock around.
When comparing the performance of all stocks over the past year, WLFC turns out to be only a medium performer in the overall market: it outperformed 61% of all stocks.
WLFC is part of the Trading Companies & Distributors industry. There are 50 other stocks in this industry, WLFC did better than 42% of them.
Considerably lower volume is observed in the last couple of days.
WLFC has only a medium technical rating, but it does show 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 148.09, a Stop Loss order could be placed below this zone. Another positive sign is the recent Pocket Pivot signal.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
129.67
163.60
We found 4 important support areas.
- A support zone ranging from 146.50 to 148.09. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @143.91 from a trend line in the weekly time frame.
- A support zone ranging from 137.76 to 138.70. This zone is formed by a combination of multiple trend lines in multiple time frames.
- 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.
When analyzing the resistance we notice 2 important areas.
- Resistance @157.01 from a horizontal line in the weekly time frame.
- Resistance @161.98 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 | NEUTRAL | NEUTRAL | The short term trend for WLFC is neutral. |
| ChartMill Relative Strength | 61.87 | NEUTRAL | WLFC is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of WLFC is below a declining 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) | 49.51 | NEUTRAL | The RSI value for WLFC is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.32 | NEGATIVE | The MACD value suggests WLFC has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 34.04 | NEUTRAL | The Stochastics value for WLFC is a neutral value. |
| Average True Range in percent/ATR (20) | 3.16 | MEDIUM VOLATILITY | The ATR as a percentage value for WLFC suggests some volalility. |
| Average Directional Index/ADX (14) | 11.84 | 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)
148.31
-0.21 (-0.14%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryTrading Companies & Distributors
Performance
% Chg-0.14%
1 Week0.77%
2 Weeks2.14%
1 Month-4.17%
3 Month6.64%
6 Month-18.94%
12 Month12.25%
2 Year250.62%
3 Year352.99%
5 Year703.85%
10 Year812.12%
15 Year1374.25%
Volatility
ATR(14)4.31
ATR(20)%3.16%
ATR Inc-21.73%
Range Today2.84
ADR(20)4.52
ADR(20)%3.05%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS61.87
Mansfield-2.09
10 Day High151.42
10 Day Low143.39
20 Day High157.55
20 Day Low143.39
52 Week High235.43
52 Week Low124.9
CS1 End148.09
CR1 Start157.01
Volume & EV
DER(3)-2.76%
DER(5)-0.95%
Volume36.40K
Volume Incr-13.01%
Vol(5)45.62K
Vol(50)74.63K