WILLIAMS COS INC (WMB) Stock Technical Analysis
USA - NYSE:WMB - US9694571004 - Common Stock
62.46 USD
-0.07 (-0.11%)
62.46 USD
0 (0%)
We assign a technical rating of 10 out of 10 to WMB. Both in the recent history as in the last year, WMB has proven to be a steady performer, scoring decent points in every aspect analyzed.
The long and short term trends are both positive. This is looking good!
When comparing the yearly performance of all stocks, we notice that WMB is one of the better performing stocks in the market, outperforming 74% of all stocks. On top of that, WMB also shows a nice and consistent pattern of rising prices.
WMB is one of the better performing stocks in the Oil, Gas & Consumable Fuels industry, it outperforms 83% of 211 stocks in the same industry.
WMB is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so WMB is lagging the market slightly.
WMB is currently showing a bull flag pattern! A bull flag pattern occurs when prices pull back slightly after a strong rise up. This may be a nice opportunity for an entry.
WMB has an average volume of 6365930 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. A pullback is taking place, which may present a nice opportunity for an entry. There is a support zone below the current price at 60.75, a Stop Loss order could be placed below this zone.
More info and screens
54.96
65.13
We found 3 important support areas.
- A support zone ranging from 58.45 to 60.75. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 56.51 to 57.49. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Strong support @55.52 from a horizontal line in the daily time frame.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 63.00 to 63.09. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- 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 | 74.9 | POSITIVE | WMB has a high relative strength, it outperformed 74.9% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of WMB is below 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) | 52.95 | NEUTRAL | The RSI value for WMB is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.29 | NEGATIVE | The MACD value suggests WMB has a negative trend. |
| Stochastics (14,3) | 30.51 | NEUTRAL | The Stochastics value for WMB is a neutral value. |
| Average True Range in percent/ATR (20) | 2.2 | MEDIUM VOLATILITY | The ATR as a percentage value for WMB suggests some volalility. |
| Average Directional Index/ADX (14) | 32.56 | POSITIVE | The high ADX value value for WMB suggests a strong 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 |
|---|---|---|---|
| 63.10 | 61.76 | 1.34 (2.12%) | 25.00% |
| An entry @63.10. This is a Buy Stop order right above the resistance zone. | An exit @61.76. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 1.34 points, which is 2.12%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.53%. |
- The distance between exit and entry is rather small compared to the average daily movement of WMB. Please evaluate whether better entry and exit points can be found.
- 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.
62.46
-0.07 (-0.11%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorEnergy
GICS IndustryOil, Gas & Consumable Fuels
Performance
% Chg-0.11%
1 Week-0.24%
2 Weeks-3.13%
1 Month3.91%
3 Month5.24%
6 Month6.55%
12 Month19.29%
2 Year81.57%
3 Year90.83%
5 Year225.48%
10 Year58.37%
15 Year190.38%
Volatility
ATR(14)1.37
ATR(20)%2.2%
ATR Inc-6.4%
Range Today0.69
ADR(20)1.34
ADR(20)%2.15%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS74.9
Mansfield-0.28
10 Day High65.16
10 Day Low61.77
20 Day High65.55
20 Day Low59.64
52 Week High65.55
52 Week Low51.46
CS1 End60.75
CR1 Start63
Volume & EV
DER(3)-0.63%
DER(5)-1.44%
Volume5.74M
Volume Incr-26.79%
Vol(5)5.24M
Vol(50)6.37M