WILLIAMS COS INC (WMB) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:WMB - US9694571004 - Common Stock
We assign a technical rating of 8 out of 10 to WMB. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, WMB is showing a nice and steady performance.
Besides having an excellent technical rating, WMB also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 64.49. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 61.49, a Stop Loss order could be placed below this zone.
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55.94
When analyzing the support we can see 4 important areas.
- A support zone ranging from 60.51 to 61.49. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @59.28 from a trend line in the weekly time frame.
- Support @58.18 from a horizontal line in the daily time frame.
- A support zone ranging from 56.50 to 57.07. This zone is formed by a combination of multiple trend lines in multiple time frames.
We found 1 important resistance area.
- A resistance zone ranging from 64.49 to 64.49. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 | UP | POSITIVE | The short term trend for WMB is up. |
| ChartMill Relative Strength | 73.68 | POSITIVE | WMB has a high relative strength, it outperformed 73.68% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of WMB is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of WMB is above a declining 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) | 56.21 | NEUTRAL | The RSI value for WMB is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.36 | POSITIVE | The MACD value suggests WMB has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 81.33 | OVERBOUGHT | The high Stochastics value suggests WMB may be overbought. |
| Average True Range in percent/ATR (20) | 2.31 | MEDIUM VOLATILITY | The ATR as a percentage value for WMB suggests some volalility. |
| Average Directional Index/ADX (14) | 18.39 | NEGATIVE | The low ADX value for WMB suggests a weak or negative trend. |
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 |
|---|---|---|---|
| 64.50 | 60.50 | 4.00 (6.20%) | 16.13% |
| An entry @64.50. This is a Buy Stop order right above the resistance zone. | An exit @60.50. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 4.00 points, which is 6.20%. | When investing 16.13% 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.
61.95
-0.86 (-1.37%)
WILLIAMS COS INC / WMB FAQ
What is the technical rating for WMB stock?
ChartMill assigns a technical rating of 8 / 10 to WMB.
What is the current trend direction of WILLIAMS COS INC (WMB) stock?
The current trend direction for WILLIAMS COS INC (WMB) is Bullish.
What is the RSI signal for WILLIAMS COS INC (WMB) stock?
WILLIAMS COS INC (WMB) has an RSI value of 56.2063. This indicates that the stock is currently neutral.
Can you provide the buy/sell signal for WILLIAMS COS INC?
The buy/sell signal for WILLIAMS COS INC (WMB) is buy as both the short term and long term trends are positive.
What are the support and resistance levels for WILLIAMS COS INC (WMB) stock?
WILLIAMS COS INC (WMB) has a support level at 61.49 and a resistance level at 64.49. Check the full technical report for our detailed analysis of WMB support and resistance levels.