WESTERN NEW ENGLAND BANCORP (WNEB) Stock Technical Analysis
USA - NASDAQ:WNEB - US9588921018 - Common Stock
12.41 USD
+0.31 (+2.56%)
We assign a technical rating of 9 out of 10 to WNEB. Both in the recent history as in the last year, WNEB has proven to be a steady performer, scoring decent points in every aspect analyzed.
The long and short term trends are both positive. This is looking good!
WNEB is part of the Banks industry. There are 392 other stocks in this industry. WNEB outperforms 95% of them.
WNEB is currently trading near its 52 week high, which is a good sign. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
WNEB is currently showing a bull flag pattern! A bull flag pattern occurs when prices pull back slightly after a strong rise up. This may be a nice opportunity for an entry.
Considerably lower volume is observed in the last couple of days, which is a good thing during a pullback.
When comparing the yearly performance of all stocks, we notice that WNEB is one of the better performing stocks in the market, outperforming 88% of all stocks. However, this relatively good performance is mostly due to a recent big move.
Although WNEB has an excellent technical rating, it does not offer a high 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
8.63
12.71
When analyzing the support we can see 4 important areas.
- A support zone ranging from 12.02 to 12.27. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 9.65 to 9.75. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @9.09 from a horizontal line in the daily time frame.
- Support @8.72 from a trend line in the weekly time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 12.55 to 12.58. 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 | UP | POSITIVE | The long term trend for WNEB is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for WNEB is up. |
| ChartMill Relative Strength | 88.3 | POSITIVE | WNEB has a high relative strength, it outperformed 88.3% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of WNEB is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of WNEB is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of WNEB is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 54.77 | NEUTRAL | The RSI value for WNEB is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.1 | NEGATIVE | The MACD value suggests WNEB has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 17.63 | OVERSOLD | The low Stochastics value suggests WNEB may be oversold. |
| Average True Range in percent/ATR (20) | 1.92 | LOW VOLATILITY | The low ATR as a percentage value for WNEB suggests low volalility. |
| Average Directional Index/ADX (14) | 30.96 | POSITIVE | The high ADX value value for WNEB suggests a strong 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)
NASDAQ:WNEB (9/18/2025, 12:48:12 PM)
12.41
+0.31 (+2.56%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryBanks
Performance
% Chg2.56%
1 Week-0.08%
2 Weeks-2.58%
1 Month2.11%
3 Month39.56%
6 Month32.24%
12 Month37.97%
2 Year86.44%
3 Year48.83%
5 Year114.92%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.21
ATR(20)%1.92%
ATR Inc41.43%
Range Today0.25
ADR(20)0.23
ADR(20)%1.87%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS88.3
Mansfield1.41
10 Day High12.7
10 Day Low11.9
20 Day High12.7
20 Day Low11.63
52 Week High12.7
52 Week Low7.63
CS1 End12.09
CR1 Start12.19
Volume & EV
DER(3)-2.57%
DER(5)-2.8%
Volume60.02K
Volume Incr-30.8%
Vol(5)46.88K
Vol(50)75.87K