ADVANCED DRAINAGE SYSTEMS IN (WMS) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:WMS - US00790R1041 - Common Stock
Overall WMS gets a technical rating of 7 out of 10. This is due to a decent performance in both the short and medium term time frames. Compared to the overall market, WMS is only an average performer.
WMS has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 152.39. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 150.78, a Stop Loss order could be placed below this zone.
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125.39
4 important support areas can be observed.
- A support zone ranging from 148.15 to 150.78. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 142.95 to 144.50. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 132.78 to 135.80. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @126.66 from a trend line in the weekly time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 152.39 to 153.50. 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 WMS is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for WMS is neutral. |
| ChartMill Relative Strength | 77.62 | POSITIVE | WMS has a high relative strength, it outperformed 77.62% 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) | UP | POSITIVE | The current price of WMS is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 58.04 | NEUTRAL | The RSI value for WMS is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.25 | NEGATIVE | The MACD value suggests WMS has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 53.29 | NEUTRAL | The Stochastics value for WMS is a neutral value. |
| Average True Range in percent/ATR (20) | 2.77 | MEDIUM VOLATILITY | The ATR as a percentage value for WMS suggests some volalility. |
| Average Directional Index/ADX (14) | 17.16 | 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 | 148.14 | 5.37 (3.50%) | 25.00% |
| An entry @153.51. This is a Buy Stop order right above the resistance zone. | An exit @148.14. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 5.37 points, which is 3.50%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.87%. |
- The distance between exit and entry is rather small compared to the average daily movement of WMS. 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.
151.83
+2.23 (+1.49%)
ADVANCED DRAINAGE SYSTEMS IN / WMS FAQ
Can you provide the ChartMill technical rating for ADVANCED DRAINAGE SYSTEMS IN?
ChartMill assigns a technical rating of 7 / 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 58.0423. 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.