ADVANCED DRAINAGE SYSTEMS IN (WMS) Stock Technical Analysis
USA - NYSE:WMS - US00790R1041 - Common Stock
Taking everything into account, WMS scores 5 out of 10 in our technical rating. In the last year, WMS was a medium performer in the overall market. The medium term is still looking fine, but we see some doubts in the very recent evolution.
Although the technical rating is only medium, WMS does present a nice setup opportunity. 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 141.50, a Stop Loss order could be placed below this zone.
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123.28
3 important support areas can be observed.
- A support zone ranging from 138.34 to 141.50. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 134.04 to 135.80. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @124.53 from a trend line in the weekly time frame.
3 important resistance areas can be observed.
- A resistance zone ranging from 142.81 to 143.20. 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 145.51 to 148.42. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @150.86 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 | 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 | 63.14 | NEUTRAL | WMS is not amongst the best or worst performers 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) | DOWN | MIXED | The current price of WMS is above a declining 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) | 49.1 | NEUTRAL | The RSI value for WMS is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.29 | NEGATIVE | The MACD value suggests WMS has a negative trend. |
| Stochastics (14,3) | 44.84 | NEUTRAL | The Stochastics value for WMS is a neutral value. |
| Average True Range in percent/ATR (20) | 3.23 | MEDIUM VOLATILITY | The ATR as a percentage value for WMS suggests some volalility. |
| Average Directional Index/ADX (14) | 18.47 | NEGATIVE | The low ADX value for WMS suggests a weak or negative trend. |
142.14
-1.2 (-0.84%)
ADVANCED DRAINAGE SYSTEMS IN / WMS FAQ
Can you provide the ChartMill technical rating for ADVANCED DRAINAGE SYSTEMS IN?
ChartMill assigns a technical rating of 5 / 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 49.0991. 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.