Wpx Energy Inc (WPX) Stock Technical Analysis
NYSE:WPX -
9.43
+0.48 (+5.36%)
9.11
-0.32 (-3.39%)
We assign a technical rating of 8 out of 10 to WPX. This is due to a decent performance in both the short and medium term time frames. Compared to the overall market, WPX is only an average performer.
The long and short term trends are both positive. This is looking good!
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.
Looking at the yearly performance, WPX did better than 75% of all other 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 currently trading near new highs, so WPX is lagging the market.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
Although WPX has an excellent technical rating, it does not present a decent entry opportunity 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
8.06
13.22
We found 1 important support 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.
We found 1 important resistance area.
- Resistance @13.09 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 | UP | POSITIVE | The long term trend for WPX is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for WPX is up. |
| ChartMill Relative Strength | 75.01 | POSITIVE | WPX has a high relative strength, it outperformed 75.01% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of WPX is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of WPX is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of WPX is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 70.57 | OVERBOUGHT | The high RSI value suggests WPX may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.05 | POSITIVE | The MACD value suggests WPX has a positive trend. |
| Stochastics (14,3) | 84.3 | OVERBOUGHT | The high Stochastics value suggests WPX may be overbought. |
| Average True Range in percent/ATR (20) | 4.78 | MEDIUM VOLATILITY | The ATR as a percentage value for WPX suggests some volalility. |
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)
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
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