WILLIS LEASE FINANCE CORP (WLFC) Stock Technical Analysis
NASDAQ:WLFC - Nasdaq - US9706461053 - Common Stock - Currency: USD
We assign a technical rating of 3 out of 10 to WLFC. WLFC has been an average performer in the overall market. Recently some decent action could be observed, but in the medium term time frame this is still negative.
The short term trend is neutral, while the long term trend is still negative. We need to see a little more continued positive action to make this really interesting.
When comparing the yearly performance of all stocks, we notice that WLFC is one of the better performing stocks in the market, outperforming 77% of all stocks. However, this overall performance is mostly based on the strong move around 10 months ago.
WLFC is part of the Trading Companies & Distributors industry. There are 48 other stocks in this industry, WLFC did better than 59% of them.
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 132.05 - 146.37 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 a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. There is a support zone below the current price at 132.67, a Stop Loss order could be placed below this zone.
More info and screens
129.67
176.00
We found 1 important support area.
- 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 5 important resistance areas.
- A resistance zone ranging from 139.81 to 142.37. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @145.74 from a horizontal line in the daily time frame.
- A resistance zone ranging from 148.85 to 148.85. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @163.96 from a trend line in the daily time frame.
- Resistance @174.26 from a trend line in the weekly 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 | DOWN | NEGATIVE | The long term trend for WLFC is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for WLFC is neutral. |
| ChartMill Relative Strength | 77.43 | POSITIVE | WLFC has a high relative strength, it outperformed 77.43% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of WLFC is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of WLFC is below 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) | 47.31 | NEUTRAL | The RSI value for WLFC is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.29 | NEGATIVE | The MACD value suggests WLFC has a negative trend. |
| Stochastics (14,3) | 43.45 | NEUTRAL | The Stochastics value for WLFC is a neutral value. |
| Average True Range in percent/ATR (20) | 3.36 | MEDIUM VOLATILITY | The ATR as a percentage value for WLFC suggests some volalility. |
| Average Directional Index/ADX (14) | 10.82 | 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)
138.23
+3.23 (+2.39%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryTrading Companies & Distributors
Performance
% Chg2.39%
1 Week-3.7%
2 Weeks-1.54%
1 Month1.45%
3 Month-1.08%
6 Month-30.81%
12 Month49.6%
2 Year224.26%
3 Year277.68%
5 Year546.54%
10 Year725.25%
15 Year1289.25%
Volatility
ATR(14)4.52
ATR(20)%3.36%
ATR Inc57.6%
Range Today4.22
ADR(20)4.54
ADR(20)%3.28%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS77.43
Mansfield-2.18
10 Day High146.37
10 Day Low132.5
20 Day High146.37
20 Day Low132.05
52 Week High235.43
52 Week Low89.43
CS1 End132.67
CR1 Start139.7
Volume & EV
DER(3)1.1%
DER(5)1.49%
Volume55.73K
Volume Incr-53.18%
Vol(5)56.25K
Vol(50)138.75K