WABASH NATIONAL CORP (WNC) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:WNC - US9295661071 - Common Stock
Overall WNC gets a technical rating of 2 out of 10. WNC's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
WNC has a poor technical rating and the quality of the setup is also 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
7.49
We found 2 important support areas.
- Support @8.87 from a horizontal line in the daily time frame.
- A support zone ranging from 7.57 to 7.62. 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 9.74 to 9.76. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @10.00 from a horizontal line in the daily time frame.
- A resistance zone ranging from 11.49 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 | DOWN | NEGATIVE | The short term trend for WNC is down. |
| ChartMill Relative Strength | 10.64 | NEGATIVE | WNC has a low relative strength, it was outperformed by 89.36% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of WNC is below 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) | 46.56 | NEUTRAL | The RSI value for WNC is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.1 | NEGATIVE | The MACD value suggests WNC has a negative trend. |
| Stochastics (14,3) | 19.81 | OVERSOLD | The low Stochastics value suggests WNC may be oversold. |
| Average True Range in percent/ATR (20) | 4.25 | MEDIUM VOLATILITY | The ATR as a percentage value for WNC suggests some volalility. |
| Average Directional Index/ADX (14) | 29.62 | POSITIVE | The high ADX value value for WNC suggests a strong trend. |
8.88
-0.04 (-0.45%)
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 46.5598. 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 negative.
What is the buy/sell signal for WABASH NATIONAL CORP (WNC) stock?
The buy/sell signal for WABASH NATIONAL CORP (WNC) is sell as both the short term and long term trends are negative.