WABASH NATIONAL CORP (WNC) Stock Technical Analysis
NYSE:WNC - US9295661071 - Common Stock
11.09 USD
-0.04 (-0.36%)
11.09 USD
0 (0%)
We assign a technical rating of 6 out of 10 to WNC. In the last year, WNC was a below average performer in the market. There are positive signs in the very recent evolution, but the medium term picture is still mixed.
82% of all other stocks performed better in the past year than WNC.
WNC is one of the lesser performing stocks in the Machinery industry. 72% of 127 stocks in the same industry do better.
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 WNC has a been trading in the 9.50 - 11.76 range, which is quite wide. It is currently trading near the high of this range.
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.
WNC has an average technical rating and also the quality of the setup is only medium 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
9.42
11.62
3 important support areas can be observed.
- A support zone ranging from 10.39 to 10.61. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 9.98 to 10.04. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 9.52 to 9.55. This zone is formed by a combination of multiple trend lines in multiple time frames.
We found 1 important resistance area.
- A resistance zone ranging from 11.50 to 11.50. 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 | 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 | 18.33 | NEGATIVE | WNC has a low relative strength, it was outperformed by 81.67% 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) | DOWN | NEGATIVE | The current price of WNC is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 55.87 | NEUTRAL | The RSI value for WNC is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.07 | POSITIVE | The MACD value suggests WNC has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 75.09 | NEUTRAL | The Stochastics value for WNC is a neutral value. |
| Average True Range in percent/ATR (20) | 4.57 | MEDIUM VOLATILITY | The ATR as a percentage value for WNC suggests some volalility. |
| Average Directional Index/ADX (14) | 16.07 | NEGATIVE | The low ADX value for WNC 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)
11.09
-0.04 (-0.36%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryMachinery
Performance
% Chg-0.36%
1 Week-1.68%
2 Weeks3.94%
1 Month16%
3 Month27.91%
6 Month-5.29%
12 Month-43.01%
2 Year-50.82%
3 Year-32.58%
5 Year-9.17%
10 Year-9.32%
15 Year80.91%
Volatility
ATR(14)0.55
ATR(20)%4.57%
ATR Inc-24.97%
Range Today0.38
ADR(20)0.48
ADR(20)%4.32%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS18.33
Mansfield-2.64
10 Day High11.76
10 Day Low9.79
20 Day High11.76
20 Day Low9.5
52 Week High20.63
52 Week Low6.78
CS1 End10.61
CR1 Start11.5
Volume & EV
DER(3)0.43%
DER(5)0.55%
Volume483.00K
Volume Incr9.25%
Vol(5)745.64K
Vol(50)778.25K