ADVANCED DRAINAGE SYSTEMS IN (WMS) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:WMS - US00790R1041 - Common Stock
Taking everything into account, WMS scores 9 out of 10 in our technical rating. Both in the recent history as in the last year, WMS has proven to be a steady performer, scoring decent points in every aspect analyzed.
WMS has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a support zone below the current price at 145.44, a Stop Loss order could be placed below this zone. Another positive sign is the recent Pocket Pivot signal.
- 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
126.80
3 important support areas can be observed.
- A support zone ranging from 144.80 to 145.44. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 134.04 to 135.80. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @128.08 from a trend line in the weekly time frame.
We found 1 important resistance area.
- A resistance zone ranging from 149.50 to 153.50. This zone is formed by a combination of multiple trend lines and important moving averages 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 WMS is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for WMS is neutral. |
| ChartMill Relative Strength | 82.9 | POSITIVE | WMS has a high relative strength, it outperformed 82.9% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of WMS is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of WMS is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of WMS is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 53.37 | NEUTRAL | The RSI value for WMS is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.42 | NEGATIVE | The MACD value suggests WMS has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 46.87 | NEUTRAL | The Stochastics value for WMS is a neutral value. |
| Average True Range in percent/ATR (20) | 2.7 | MEDIUM VOLATILITY | The ATR as a percentage value for WMS suggests some volalility. |
| Average Directional Index/ADX (14) | 15.14 | NEGATIVE | The low ADX value for WMS 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 |
|---|---|---|---|
| 153.51 | 144.79 | 8.72 (5.68%) | 17.60% |
| An entry @153.51. This is a Buy Stop order right above the resistance zone. | An exit @144.79. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 8.72 points, which is 5.68%. | For a 1.00% total portfolio risk, you can invest 17.60% of your capital in this trade. |
- 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.
149.26
+0.75 (+0.51%)
ADVANCED DRAINAGE SYSTEMS IN / WMS FAQ
Can you provide the ChartMill technical rating for ADVANCED DRAINAGE SYSTEMS IN?
ChartMill assigns a technical rating of 9 / 10 to WMS.
What is the trend direction for WMS stock?
The current trend direction for ADVANCED DRAINAGE SYSTEMS IN (WMS) is Bullish.
Can you provide the RSI signal for ADVANCED DRAINAGE SYSTEMS IN?
ADVANCED DRAINAGE SYSTEMS IN (WMS) has an RSI value of 53.366. This indicates that the stock is currently neutral.
What is the short term momentum for ADVANCED DRAINAGE SYSTEMS IN (WMS) stock?
The short term momentum for ADVANCED DRAINAGE SYSTEMS IN (WMS) is neutral.