WESBANCO INC (WSBC) Technical Analysis
NASDAQ:WSBC • US9508101014
Current stock price
WSBC Technical Rating and Analysis
We assign a technical rating of 1 out of 10 to WSBC. WSBC has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.
- WSBC is one of the lesser performing stocks in the Banks industry. 62% of 380 stocks in the same industry do better.
- The long term trend is neutral, but the short term trend is negative. Better to stay away from this!
- When comparing the performance of all stocks over the past year, WSBC turns out to be only a medium performer in the overall market: it outperformed 49% of all stocks.
- WSBC 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 WSBC is lagging the market slightly.
- In the last month WSBC has a been trading in the 32.20 - 37.20 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
WSBC Weekly and Daily overview Charts
WSBC Setup Rating and Analysis
WSBC has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced.
More info and screens
WSBC Support and Resistance Analysis
25.86
We found 6 important support areas.
- A support zone ranging from 33.11 to 33.22. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @32.38 from a trend line in the weekly time frame.
- Support @31.01 from a trend line in the weekly time frame.
- A support zone ranging from 29.97 to 30.10. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @29.44 from a horizontal line in the daily time frame.
- Support @26.12 from a horizontal line in the weekly time frame.
We found 1 important resistance area.
- A resistance zone ranging from 33.70 to 34.36. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
WSBC 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.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | NEUTRAL | NEUTRAL | The long term trend for WSBC is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for WSBC is down. |
| ChartMill Relative Strength | 49.36 | NEUTRAL | WSBC is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of WSBC is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of WSBC is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of WSBC is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 38.48 | NEUTRAL | The RSI value for WSBC is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.12 | NEGATIVE | The MACD value suggests WSBC has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 22.83 | NEUTRAL | The Stochastics value for WSBC is a neutral value. |
| Average True Range in percent/ATR (20) | 3.34 | MEDIUM VOLATILITY | The ATR as a percentage value for WSBC suggests some volalility. |
| Average Directional Index/ADX (14) | 21.97 | NEUTRAL | The ADX value for WSBC suggests a possible start of a new trend. |
WSBC Chart- and CandleStick Pattern Analysis
WSBC Technicals: Chart, Performance Metrics, Trend & Indicators
33.57
+0.45 (+1.36%)
WESBANCO INC / WSBC TA FAQ
What is the technical rating for WSBC stock?
ChartMill assigns a technical rating of 1 / 10 to WSBC.
Can you provide the trend direction for WESBANCO INC?
The current trend direction for WESBANCO INC (WSBC) is Bearish.
What is the RSI signal for WSBC stock?
WESBANCO INC (WSBC) has an RSI value of 38.4801. This indicates that the stock is currently neutral.
What are the support and resistance levels for WESBANCO INC (WSBC) stock?
WESBANCO INC (WSBC) has a support level at 33.11 and a resistance level at 33.22. Check the full technical report for our detailed analysis of WSBC support and resistance levels.