WABASH NATIONAL CORP (WNC) Technical Analysis
NYSE:WNC • US9295661071
Current stock price
WNC Technical Rating and Analysis
Taking everything into account, WNC scores 0 out of 10 in our technical rating. 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.
- Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
- When comparing the yearly performance of all stocks, WNC is a bad performer in the overall market: 84% of all stocks are doing better.
- WNC is part of the Machinery industry. There are 131 other stocks in this industry, of which 80% are performing better than WNC.
- WNC is currently trading in the lower part of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so WNC is lagging the market.
- In the last month WNC has a been trading in the 8.04 - 12.37 range, which is quite wide. It is currently trading near the lows of this range.
- Prices have been falling strongly lately, it is better to avoid new long positions here.
WNC Weekly and Daily overview Charts
WNC Setup Rating and Analysis
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
WNC Support and Resistance Analysis
7.43
When analyzing the support we notice one important 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.
2 important resistance areas can be observed.
- Resistance @11.21 from a trend line in the weekly time frame.
- Resistance @11.69 from a horizontal line in the weekly time frame.
WNC Technical Indicator Signal Analysis
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 | 16.59 | NEGATIVE | WNC has a low relative strength, it was outperformed by 83.41% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of WNC is below a declining 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) | 25.91 | OVERSOLD | The low RSI value suggests WNC may be oversold. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.23 | NEGATIVE | The MACD value suggests WNC has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 3.13 | OVERSOLD | The low Stochastics value suggests WNC may be oversold. |
| Average True Range in percent/ATR (20) | 6.61 | HIGH VOLATILITY | The high ATR as a percentage value for WNC suggests high volalility. |
| Average Directional Index/ADX (14) | 22.18 | NEUTRAL | The ADX value for WNC suggests a possible start of a new trend. |
WNC Chart- and CandleStick Pattern Analysis
WNC Technicals: Chart, Performance Metrics, Trend & Indicators
8.18
+0.01 (+0.12%)
WABASH NATIONAL CORP / WNC TA FAQ
What is the technical rating for WNC stock?
ChartMill assigns a technical rating of 0 / 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 25.9055. This indicates that the stock is currently oversold.
What is the MACD signal for WABASH NATIONAL CORP (WNC) stock?
The MACD indicator for WABASH NATIONAL CORP (WNC) has a value of -0.234096, indicating a bearish trend.
Can you provide the buy/sell signal for WABASH NATIONAL CORP?
The buy/sell signal for WABASH NATIONAL CORP (WNC) is sell as both the short term and long term trends are negative.