WABASH NATIONAL CORP (WNC) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:WNC - US9295661071 - Common Stock
10.17 USD
-0.18 (-1.74%)
10.17 USD
0 (0%)
Overall WNC gets a technical rating of 5 out of 10. 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.
- When comparing the yearly performance of all stocks, WNC is a bad performer in the overall market: 80% of all stocks are doing better.
- WNC is part of the Machinery industry. There are 132 other stocks in this industry, of which 70% are performing better than WNC.
- 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.
- WNC is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so WNC is lagging the market.
- In the last month WNC has a been trading in the 8.60 - 11.11 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
WNC has only a medium technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. A pullback is taking place, which may present a nice opportunity for an entry.
More info and screens
8.78
10.97
We found 4 important support areas.
- Support @10.01 from a trend line in the daily time frame.
- A support zone ranging from 9.73 to 9.76. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 9.15 to 9.26. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Support @8.87 from a horizontal line in the weekly time frame.
We can see 2 important resistance areas.
- A resistance zone ranging from 10.39 to 10.45. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 10.80 to 10.86. This zone is formed by a combination of multiple trend lines 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 WNC is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for WNC is up. |
| ChartMill Relative Strength | 20.89 | NEGATIVE | WNC has a low relative strength, it was outperformed by 79.11% 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) | UP | POSITIVE | The current price of WNC is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of WNC is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 55.61 | NEUTRAL | The RSI value for WNC is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | NEGATIVE | The MACD value suggests WNC has a negative trend. |
| Stochastics (14,3) | 62.5 | NEUTRAL | The Stochastics value for WNC is a neutral value. |
| Average True Range in percent/ATR (20) | 4.31 | MEDIUM VOLATILITY | The ATR as a percentage value for WNC suggests some volalility. |
| Average Directional Index/ADX (14) | 29.83 | POSITIVE | The high ADX value value for WNC suggests a strong 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)
10.17
-0.18 (-1.74%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryMachinery
Performance
% Chg-1.74%
1 Week-6.27%
2 Weeks0.69%
1 Month14.01%
3 Month12.62%
6 Month2.01%
12 Month-34.77%
2 Year-59.8%
3 Year-60.52%
5 Year-36.24%
10 Year-8.05%
15 Year-10.48%
Volatility
ATR(14)0.54
ATR(20)%4.31%
ATR Inc-48.34%
Range Today0.27
ADR(20)0.43
ADR(20)%4.18%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS20.89
3 months CRS83.83
6 months CRS44.75
Mansfield-0.99
10 Day High11.11
10 Day Low9.63
20 Day High11.11
20 Day Low8.6
52 Week High16.91
52 Week Low6.78
CS1 End10.01
CR1 Start10.39
Volume & EV
DER(3)1.8%
DER(5)0.19%
Volume719.30K
Volume Incr19.46%
Vol(5)564.36K
Vol(50)566.16K
WABASH NATIONAL CORP / WNC FAQ
What is the technical rating for WNC stock?
ChartMill assigns a technical rating of 5 / 10 to WNC.
What is the current trend direction of WABASH NATIONAL CORP (WNC) stock?
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 55.6137. This indicates that the stock is currently neutral.
What is the MACD signal for WABASH NATIONAL CORP (WNC) stock?
The MACD indicator for WABASH NATIONAL CORP (WNC) has a value of -0.00476399, indicating a bearish trend.