ADVANCED DRAINAGE SYSTEMS IN (WMS) Stock Technical Analysis
NYSE:WMS - New York Stock Exchange, Inc. - US00790R1041 - Common Stock - Currency: USD
We assign a technical rating of 5 out of 10 to WMS. In the past year, WMS was a below average performing stock in the market. The medium term picture is also negative, but we see some improvement happening in recent action.
When comparing the yearly performance of all stocks, WMS is a bad performer in the overall market: 79% of all stocks are doing better.
WMS is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
The long term trend is still neutral, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
In the last month WMS has a been trading in the 105.14 - 119.55 range, which is quite wide. It is currently trading near the high of this range.
WMS is part of the Building Products industry. There are 41 other stocks in this industry, WMS did better than 42% of them.
WMS has only a medium technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 119.52. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 115.57, 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
106.15
127.77
2 important support areas can be observed.
- A support zone ranging from 111.45 to 115.57. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @107.22 from a horizontal line in the daily time frame.
We can see 2 important resistance areas.
- A resistance zone ranging from 119.52 to 123.55. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @126.50 from a horizontal line in the daily time frame.
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 WMS is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for WMS is up. |
| ChartMill Relative Strength | 21.34 | NEGATIVE | WMS has a low relative strength, it was outperformed by 78.66% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of WMS is above 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) | DOWN | NEGATIVE | The current price of WMS is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 56.97 | NEUTRAL | The RSI value for WMS is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.23 | POSITIVE | The MACD value suggests WMS has a positive trend. |
| Stochastics (14,3) | 75.15 | NEUTRAL | The Stochastics value for WMS is a neutral value. |
| Average True Range in percent/ATR (20) | 2.98 | MEDIUM VOLATILITY | The ATR as a percentage value for WMS suggests some volalility. |
| Average Directional Index/ADX (14) | 14.71 | NEGATIVE | The low ADX value for WMS suggests a weak or negative 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)
118.03
+1.11 (+0.95%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryBuilding Products
Performance
% Chg0.95%
1 Week1.83%
2 Weeks1.1%
1 Month7.31%
3 Month9.07%
6 Month2.12%
12 Month-26.41%
2 Year3.74%
3 Year31.04%
5 Year138.93%
10 Year302.42%
15 Year195.22%
Volatility
ATR(14)3.4
ATR(20)%2.98%
ATR Inc0.87%
Range Today1.9
ADR(20)3.4
ADR(20)%2.88%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS21.34
Mansfield-1.45
10 Day High119.55
10 Day Low111.41
20 Day High119.55
20 Day Low105.14
52 Week High179.57
52 Week Low93.92
CS1 End115.57
CR1 Start119.52
Volume & EV
DER(3)1.35%
DER(5)0.77%
Volume616.30K
Volume Incr31.43%
Vol(5)951.72K
Vol(50)714.97K