WILLIAMS COS INC (WMB) Technical Analysis
NYSE:WMB • US9694571004
Current stock price
WMB Technical Rating and Analysis
Overall WMB gets a technical rating of 9 out of 10. 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.
- Both the short term and long term trends are positive. This is a very positive sign.
- Looking at the yearly performance, WMB did better than 75% of all other stocks. We also observe that the gains produced by WMB over the past year are nicely spread over this period.
- WMB is currently trading near its 52 week high, which is a good sign. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
- In the last month WMB has a been trading in the 69.33 - 76.45 range, which is quite wide. It is currently trading near the high of this range.
- WMB has an average volume of 6193010 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- WMB is an average performer in the Oil, Gas & Consumable Fuels industry, it outperforms 41% of 209 stocks in the same industry.
WMB Weekly and Daily overview Charts
WMB Setup Rating and Analysis
Although WMB has an excellent technical rating, the quality of the presented setup is not ideal at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
WMB Support and Resistance Analysis
56.28
4 important support areas can be observed.
- A support zone ranging from 70.43 to 73.21. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @62.50 from a trend line in the weekly time frame.
- Support @59.23 from a trend line in the weekly time frame.
- A support zone ranging from 56.85 to 57.07. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 75.55 to 76.31. This zone is formed by a combination of multiple trend lines in multiple time frames.
WMB Technical Indicator Signal Analysis
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 | 75.07 | POSITIVE | WMB has a high relative strength, it outperformed 75.07% 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) | 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) | 64.24 | NEUTRAL | The RSI value for WMB is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.5 | POSITIVE | The MACD value suggests WMB has a positive trend. |
| Stochastics (14,3) | 92.9 | OVERBOUGHT | The high Stochastics value suggests WMB may be overbought. |
| Average True Range in percent/ATR (20) | 2.29 | MEDIUM VOLATILITY | The ATR as a percentage value for WMB suggests some volalility. |
| Average Directional Index/ADX (14) | 16.09 | NEGATIVE | The low ADX value for WMB suggests a weak or negative trend. |
WMB Chart- and CandleStick Pattern Analysis
WMB Technicals: Chart, Performance Metrics, Trend & Indicators
75.54
-0.77 (-1.01%)
WILLIAMS COS INC / WMB TA FAQ
What is the technical rating for WMB stock?
ChartMill assigns a technical rating of 9 / 10 to WMB.
Can you provide the trend direction for WILLIAMS COS INC?
The current trend direction for WILLIAMS COS INC (WMB) is Bullish.
Can you provide the RSI signal for WILLIAMS COS INC?
WILLIAMS COS INC (WMB) has an RSI value of 64.2356. This indicates that the stock is currently neutral.
Can you provide the short term momentum for WILLIAMS COS INC?
The short term momentum for WILLIAMS COS INC (WMB) is positive.
What is the support and resistance level for WMB stock?
WILLIAMS COS INC (WMB) has a support level at 73.21 and a resistance level at 75.55. Check the full technical report for our detailed analysis of WMB support and resistance levels.