WILLIAMS COS INC (WMB) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:WMB - US9694571004 - Common Stock
Overall WMB gets a technical rating of 4 out of 10. In the last year, WMB was a below average performer in the market. There are positive signs in the very recent evolution, but the medium term picture is still mixed.
- 68% of all other stocks performed better in the past year than WMB.
- In the last month WMB has a been trading in the 58.09 - 61.66 range, which is quite wide. It is currently trading near the high of this range.
- Prices have been consolidating recently, this may present a good entry opportunity.
- WMB has an average volume of 7002100 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- Both the short term and long term trends are neutral. So this is not the most entertaining stock around.
- WMB is part of the Oil, Gas & Consumable Fuels industry. There are 208 other stocks in this industry, WMB did better than 46% of them.
- WMB is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so WMB is lagging the market.
WMB has only a medium technical rating, but it does show a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. A pullback is taking place, which may present a nice opportunity for an entry. There is a resistance zone just above the current price starting at 62.87. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 60.17, a Stop Loss order could be placed below this zone.
More info and screens
55.94
When analyzing the support we can see 2 important areas.
- A support zone ranging from 58.89 to 60.17. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 56.50 to 57.75. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 2 important resistance areas.
- Resistance @62.87 from a horizontal line in the daily time frame.
- A resistance zone ranging from 64.48 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 | NEUTRAL | NEUTRAL | The long term trend for WMB is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for WMB is neutral. |
| ChartMill Relative Strength | 32.4 | NEUTRAL | WMB is not amongst the best or worst performers 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) | 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) | 50.72 | NEUTRAL | The RSI value for WMB is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.05 | POSITIVE | The MACD value suggests WMB has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 63.3 | NEUTRAL | The Stochastics value for WMB is a neutral value. |
| Average True Range in percent/ATR (20) | 1.99 | LOW VOLATILITY | The low ATR as a percentage value for WMB suggests low volalility. |
| Average Directional Index/ADX (14) | 8.1 | NEGATIVE | The low ADX value for WMB suggests a weak or negative trend. |
60.29
-0.42 (-0.69%)
WILLIAMS COS INC / WMB FAQ
What is the technical rating for WMB stock?
ChartMill assigns a technical rating of 4 / 10 to WMB.
Can you provide the trend direction for WILLIAMS COS INC?
The current trend direction for WILLIAMS COS INC (WMB) is Bearish.
What is the RSI signal for WILLIAMS COS INC (WMB) stock?
WILLIAMS COS INC (WMB) has an RSI value of 50.7164. This indicates that the stock is currently neutral.
What is the MACD signal for WILLIAMS COS INC (WMB) stock?
The MACD indicator for WILLIAMS COS INC (WMB) has a value of 0.0522973, indicating a bearish trend.