Logo image of WPX

Wpx Energy Inc (WPX) Stock Technical Analysis

USA - NYSE:WPX -

9.43
+0.48 (+5.36%)
Last: 1/6/2021, 9:28:38 PM
9.11
-0.32 (-3.39%)
After Hours: 1/6/2021, 9:28:38 PM
Technical Rating and Analysis

8

We assign a technical rating of 8 out of 10 to WPX. Although WPX is only a medium performer in the overall market, the technical picture looks good in both the medium and short term time frames.

Both the short term and long term trends are positive. This is a very positive sign.
In the last month WPX has a been trading in the 7.39 - 9.63 range, which is quite wide. It is currently trading near the high of this range.
Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.
WPX has an average volume of 10024200 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
When comparing the yearly performance of all stocks, we notice that WPX is one of the better performing stocks in the market, outperforming 75% of all stocks. However, this overall good ranking is mostly due to the recent strong move.
WPX is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so WPX is lagging the market slightly.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.

More info and screens

Weekly and Daily overview Charts
Wpx Energy Inc / WPX Weekly stock chart
Wpx Energy Inc / WPX Daily stock chart
Setup Rating and Analysis

2

Although WPX has an excellent technical rating, it does not offer a high quality setup at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.

More info and screens

Support and Resistance Analysis

8.06

13.22

When analyzing the support we notice one important area.

  • A support zone ranging from 8.14 to 8.26. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.

When analyzing the resistance we notice one important area.

  • Resistance @13.09 from a trend line in the weekly time frame.

More info

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.

IndicatorValueSignalComment
ChartMill Long Term Trend IndicatorUPPOSITIVEThe long term trend for WPX is up.
ChartMill Short Term Trend IndicatorUPPOSITIVEThe short term trend for WPX is up.
ChartMill Relative Strength75.01POSITIVEWPX has a high relative strength, it outperformed 75.01% off all stocks on the market.
Simple Moving Average/SMA (20)UPPOSITIVEThe current price of WPX is above the rising SMA(20).
Simple Moving Average/SMA (50)UPPOSITIVEThe current price of WPX is above the rising SMA(50).
Simple Moving Average/SMA (200)UPPOSITIVEThe current price of WPX is above the rising SMA(200).
Relative Strength Index/RSI (14)70.57OVERBOUGHTThe high RSI value suggests WPX may be overbought.
Moving Average Convergence Divergence/MACD (12, 26, 9)0.05POSITIVEThe MACD value suggests WPX has a positive trend.
Stochastics (14,3)84.3OVERBOUGHTThe high Stochastics value suggests WPX may be overbought.
Average True Range in percent/ATR (20)4.78MEDIUM VOLATILITYThe ATR as a percentage value for WPX suggests some volalility.
Chart- and CandleStick Pattern Analysis
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)

More info

Wpx Energy Inc / WPX Daily stock chart

Wpx Energy Inc

NYSE:WPX (1/6/2021, 9:28:38 PM)

After market: 9.11 -0.32 (-3.39%)

9.43

+0.48 (+5.36%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg5.36%
1 Week19.82%
2 Weeks19.67%
1 Month15.71%
3 Month81.35%
6 Month73.35%
12 Month-29.2%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.43
ATR(20)%4.78%
ATR Inc113.22%
Range Today0.61
ADR(20)N/A
ADR(20)%N/A
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS75.01
3 months CRSN/A
6 months CRSN/A
Mansfield2.4
10 Day High9.64
10 Day Low7.61
20 Day High9.64
20 Day Low7.39
52 Week High13.34
52 Week Low1.94
CS1 End8.26
CR1 Start13.09
Volume & EV
DER(3)-2.06%
DER(5)-0.78%
Volume117.01M
Volume Incr277.44%
Vol(5)28.56M
Vol(50)10.02M

Wpx Energy Inc / WPX FAQ

What is the ChartMill technical rating of Wpx Energy Inc (WPX) stock?

ChartMill assigns a technical rating of 8 / 10 to WPX.


What is the trend direction for WPX stock?

The current trend direction for Wpx Energy Inc (WPX) is Bullish.


What is the RSI signal for WPX stock?

Wpx Energy Inc (WPX) has an RSI value of 70.5669. This indicates that the stock is currently overbought.


What is the buy/sell signal for Wpx Energy Inc (WPX) stock?

The buy/sell signal for Wpx Energy Inc (WPX) is buy as both the short term and long term trends are positive.


What is the support and resistance level for WPX stock?

Wpx Energy Inc (WPX) has a support level at 8.26 and a resistance level at 13.09. Check the full technical report for our detailed analysis of WPX support and resistance levels.