WABASH NATIONAL CORP (WNC) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:WNC - US9295661071 - Common Stock
Taking everything into account, WNC scores 2 out of 10 in our technical rating. In the past year, WNC 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.
The technical rating of WNC is bad and it also does not present a quality setup 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
7.43
We found 1 important support area.
- A support zone ranging from 7.50 to 7.57. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 4 important resistance areas.
- A resistance zone ranging from 8.64 to 8.92. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @9.25 from a trend line in the weekly time frame.
- A resistance zone ranging from 11.39 to 11.49. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @11.93 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 | DOWN | NEGATIVE | The long term trend for WNC is down. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for WNC is up. |
| ChartMill Relative Strength | 6.69 | NEGATIVE | WNC has a low relative strength, it was outperformed by 93.31% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of WNC is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of WNC is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of WNC is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 53.59 | NEUTRAL | The RSI value for WNC is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.17 | POSITIVE | The MACD value suggests WNC has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 89.13 | OVERBOUGHT | The high Stochastics value suggests WNC may be overbought. |
| Average True Range in percent/ATR (20) | 3.86 | MEDIUM VOLATILITY | The ATR as a percentage value for WNC suggests some volalility. |
| Average Directional Index/ADX (14) | 27.52 | POSITIVE | The high ADX value value for WNC suggests a strong trend. |
8.44
-0.19 (-2.2%)
WABASH NATIONAL CORP / WNC FAQ
What is the technical rating for WNC stock?
ChartMill assigns a technical rating of 2 / 10 to WNC.
Can you provide the trend direction for WABASH NATIONAL CORP?
The current trend direction for WABASH NATIONAL CORP (WNC) is Bearish.
What is the RSI signal for WABASH NATIONAL CORP (WNC) stock?
WABASH NATIONAL CORP (WNC) has an RSI value of 53.5949. This indicates that the stock is currently neutral.
What is the short term momentum for WABASH NATIONAL CORP (WNC) stock?
The short term momentum for WABASH NATIONAL CORP (WNC) is positive.
What is the buy/sell signal for WABASH NATIONAL CORP (WNC) stock?
The buy/sell signal for WABASH NATIONAL CORP (WNC) is hold as the short term and long term trends are mixed.