WESTPORT FUEL SYSTEMS INC (WPRT) Stock Technical Analysis
NASDAQ:WPRT - Nasdaq - CA9609085076 - Common Stock - Currency: USD
Taking everything into account, WPRT scores 0 out of 10 in our technical rating. WPRT scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
93% of all other stocks performed better in the past year than WPRT.
WPRT is one of the lesser performing stocks in the Machinery industry. 88% of 127 stocks in the same industry do better.
WPRT is currently trading near the lower end of its 52 week range, which is not a good sign. Certainly not because the S&P500 Index is trading near new 52 week highs at the moment.
In the last month WPRT has a been trading in the 2.78 - 4.10 range, which is quite wide. It is currently trading near the lows of this range.
Warning: WPRT has an average volume of 28798 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
The long term trend is neutral, but the short term trend is negative. Better to stay away from this!
WPRT has a poor technical rating and the quality of the setup is also not perfect 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
2.72
4.11
When analyzing the support we notice one important area.
- A support zone ranging from 2.75 to 2.76. This zone is formed by a combination of multiple trend lines in multiple time frames.
3 important resistance areas can be observed.
- Resistance @3.64 from a trend line in the daily time frame.
- A resistance zone ranging from 3.85 to 3.90. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @4.07 from a trend line in the weekly 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 | NEUTRAL | NEUTRAL | The long term trend for WPRT is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for WPRT is down. |
| ChartMill Relative Strength | 7.68 | NEGATIVE | WPRT has a low relative strength, it was outperformed by 92.32% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of WPRT is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of WPRT is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of WPRT is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 28.31 | OVERSOLD | The low RSI value suggests WPRT may be oversold. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.11 | NEGATIVE | The MACD value suggests WPRT has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 3.35 | OVERSOLD | The low Stochastics value suggests WPRT may be oversold. |
| Average True Range in percent/ATR (20) | 5.84 | HIGH VOLATILITY | The high ATR as a percentage value for WPRT suggests high volalility. |
| Average Directional Index/ADX (14) | 43.13 | POSITIVE | The high ADX value value for WPRT 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)
2.81
-0.02 (-0.71%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryMachinery
Performance
% Chg-0.71%
1 Week-4.75%
2 Weeks-24.16%
1 Month-29.22%
3 Month-3.41%
6 Month-37.42%
12 Month-53.78%
2 Year-60.7%
3 Year-74.22%
5 Year-83.47%
10 Year-92.06%
15 Year-98.24%
Volatility
ATR(14)0.17
ATR(20)%5.84%
ATR Inc-52.5%
Range Today0.07
ADR(20)0.16
ADR(20)%5.57%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS7.68
Mansfield-3.2
10 Day High3.88
10 Day Low2.78
20 Day High4.1
20 Day Low2.78
52 Week High6.09
52 Week Low2.5
CS1 End2.76
CR1 Start3.64
Volume & EV
DER(3)-7.53%
DER(5)-4.91%
Volume8.80K
Volume Incr-26.89%
Vol(5)23.90K
Vol(50)28.80K