WESTERN NEW ENGLAND BANCORP (WNEB)
US9588921018 - Common Stock
Overall WNEB gets a technical rating of 0 out of 10. WNEB 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.
73% of all other stocks performed better in the past year than WNEB.
WNEB is part of the Banks industry. There are 412 other stocks in this industry, of which 85% are performing better than WNEB.
WNEB is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
In the last month WNEB has a been trading in the 6.00 - 6.93 range, which is quite wide. It is currently trading in the middle of this range where prices have been consolidating recently, this may present a good entry opportunity, but some resistance may be present above.
Volume is considerably higher in the last couple of days.
WNEB has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. There is a support zone below the current price at 6.47, a Stop Loss order could be placed below this zone.
More info and screens
5.70
8.83
When analyzing the support we can see 2 important areas.
- Support @6.22 from a horizontal line in the daily time frame.
- Support @5.76 from a horizontal line in the weekly time frame.
We can see 4 important resistance areas.
- A resistance zone ranging from 6.47 to 6.53. This zone is formed by a combination of multiple trend lines in the weekly time frame.
- Resistance @6.67 from a horizontal line in the daily time frame.
- A resistance zone ranging from 7.60 to 7.65. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @8.74 from a trend line in the weekly time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS27
Mansfield-1.85
10 Day High6.75
10 Day Low6
20 Day High6.93
20 Day Low6
52 Week High9.25
52 Week Low5.58
Performance
1 Week4%
2 Weeks-0.31%
1 Month-5.25%
3 Month-19.05%
6 Month-11.68%
12 Month11.11%
2 Year-23.53%
3 Year-23.62%
5 Year-29.04%
10 YearN/A
15 YearN/A
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)
Technical Indicators
MACD(12,26,9)0.06
RSI(14)43.86
LBB6.11
UBB6.73
WESTERN NEW ENGLAND BANCORP
NASDAQ:WNEB (5/9/2024, 1:06:23 PM)
6.46
-0.04 (-0.62%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryBanks
Performance
% Chg-0.62%
1 Week4%
2 Weeks-0.31%
1 Month-5.25%
3 Month-19.05%
6 Month-11.68%
12 Month11.11%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)0.26
ATR(20)%4.17%
ATR Inc
Range Today0.09
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High6.75
10 Day Low6
20 Day High6.93
20 Day Low6
52 Week High9.25
52 Week Low5.58
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume18.86K
Volume Incr28.34%
Vol(5)68.50K
Vol(50)46.81K