WABASH NATIONAL CORP (WNC) Technical Analysis
NYSE:WNC • US9295661071
Current stock price
WNC Technical Rating and Analysis
Overall WNC gets a technical rating of 0 out of 10. WNC scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
- Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
- 79% of all other stocks performed better in the past year than WNC.
- WNC is one of the lesser performing stocks in the Machinery industry. 73% of 131 stocks in the same industry do better.
- 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 7.59 - 11.02 range, which is quite wide. It is currently trading near the lows of this range.
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 7.69. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 2 important areas.
- Resistance @11.09 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 | 21.39 | NEGATIVE | WNC has a low relative strength, it was outperformed by 78.61% 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) | 41.43 | NEUTRAL | The RSI value for WNC is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.07 | NEGATIVE | The MACD value suggests WNC has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 22.36 | NEUTRAL | The Stochastics value for WNC is a neutral value. |
| Average True Range in percent/ATR (20) | 5.84 | HIGH VOLATILITY | The high ATR as a percentage value for WNC suggests high volalility. |
| Average Directional Index/ADX (14) | 26.65 | POSITIVE | The high ADX value value for WNC suggests a strong trend. |
WNC Chart- and CandleStick Pattern Analysis
WNC Technicals: Chart, Performance Metrics, Trend & Indicators
8.66
+0.74 (+9.34%)
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 41.4324. 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 -0.0693823, 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.