WILLIAMS COS INC (WMB) Stock Technical Analysis
NYSE:WMB - New York Stock Exchange, Inc. - US9694571004 - Common Stock - Currency: USD
We assign a technical rating of 7 out of 10 to WMB. In the last year, WMB was one of the better performers, but we do observe some doubts in the very recent evolution.
The short term is neutral, but the long term trend is still positive. Not much to worry about for now.
Looking at the yearly performance, WMB did better than 91% of all other stocks.
WMB is part of the Oil, Gas & Consumable Fuels industry. There are 213 other stocks in this industry. WMB outperforms 91% of them.
WMB is currently trading in the upper part of its 52 week range. The S&P500 Index is also trading in the upper part of its 52 week range, so WMB is performing more or less in line with the market.
In the last month WMB has a been trading in the 56.42 - 60.41 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.
WMB has an average volume of 7233850 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Besides having an excellent technical rating, WMB also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is a resistance zone just above the current price starting at 59.65. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 58.61, a Stop Loss order could be placed below this zone. Very recently a Pocket Pivot signal was observed. This is another positive sign.
- 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
52.96
62.23
3 important support areas can be observed.
- A support zone ranging from 57.97 to 58.61. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 56.60 to 56.65. This zone is formed by a combination of multiple trend lines in the daily time frame.
- A support zone ranging from 53.49 to 55.52. This zone is formed by a combination of multiple trend lines in multiple time frames.
2 important resistance areas can be observed.
- A resistance zone ranging from 59.65 to 60.63. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @61.61 from a horizontal 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 | UP | POSITIVE | The long term trend for WMB is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for WMB is neutral. |
| ChartMill Relative Strength | 91.17 | POSITIVE | WMB has a high relative strength, it outperformed 91.17% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of WMB is above a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of WMB is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of WMB is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 53.51 | NEUTRAL | The RSI value for WMB is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.02 | NEGATIVE | The MACD value suggests WMB has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 49.58 | NEUTRAL | The Stochastics value for WMB is a neutral value. |
| Average True Range in percent/ATR (20) | 2.42 | MEDIUM VOLATILITY | The ATR as a percentage value for WMB suggests some volalility. |
| Average Directional Index/ADX (14) | 12.95 | NEGATIVE | The low ADX value for WMB 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 |
|---|---|---|---|
| 60.64 | 57.96 | 2.68 (4.42%) | 22.63% |
| An entry @60.64. This is a Buy Stop order right above the resistance zone. | An exit @57.96. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 2.68 points, which is 4.42%. | When investing 22.63% 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.
58.99
+1.24 (+2.15%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorEnergy
GICS IndustryOil, Gas & Consumable Fuels
Performance
% Chg2.15%
1 Week0.34%
2 Weeks2.31%
1 Month-0.07%
3 Month2.7%
6 Month-1.11%
12 Month47%
2 Year105.83%
3 Year59.17%
5 Year188.74%
10 Year15.44%
15 Year198.68%
Volatility
ATR(14)1.4
ATR(20)%2.42%
ATR Inc-17.85%
Range Today1.47
ADR(20)1.32
ADR(20)%2.24%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS91.17
Mansfield1.21
10 Day High59.17
10 Day Low56.42
20 Day High60.41
20 Day Low56.42
52 Week High61.67
52 Week Low40.06
CS1 End58.61
CR1 Start59.65
Volume & EV
DER(3)0.74%
DER(5)1.9%
Volume7.19M
Volume Incr-9.81%
Vol(5)5.66M
Vol(50)7.23M