WESBANCO INC (WSBC) Stock Technical Analysis
NASDAQ:WSBC - Nasdaq - US9508101014 - Common Stock - Currency: USD
Overall WSBC gets a technical rating of 3 out of 10. 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. 67% of 395 stocks in the same industry do better.
Both the short term and long term trends are neutral. So this is not the most entertaining stock around.
When compared to the yearly performance of all other stocks, WSBC outperforms 57% of them, which is more or less in line with the market.
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 28.74 - 32.43 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
The technical rating of WSBC is bad and it also does not present a 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
25.86
36.81
We found 2 important support areas.
- A support zone ranging from 26.79 to 27.07. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @26.12 from a horizontal line in the weekly time frame.
We can see 2 important resistance areas.
- A resistance zone ranging from 31.63 to 32.34. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 36.26 to 36.45. 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 | NEUTRAL | NEUTRAL | The long term trend for WSBC is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for WSBC is neutral. |
| ChartMill Relative Strength | 57.08 | NEUTRAL | WSBC is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of WSBC is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of WSBC is above a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | MIXED | The current price of WSBC is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 55.22 | NEUTRAL | The RSI value for WSBC is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.08 | NEGATIVE | The MACD value suggests WSBC has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 39.62 | NEUTRAL | The Stochastics value for WSBC is a neutral value. |
| Average True Range in percent/ATR (20) | 2.39 | MEDIUM VOLATILITY | The ATR as a percentage value for WSBC suggests some volalility. |
| Average Directional Index/ADX (14) | 24.52 | NEUTRAL | The ADX value for WSBC suggests a possible start of a new 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)
31.44
+1.04 (+3.42%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryBanks
Performance
% Chg3.42%
1 Week-1.96%
2 Weeks-2.06%
1 Month5.54%
3 Month-10.35%
6 Month-11.04%
12 Month13.91%
2 Year30.24%
3 Year-7.69%
5 Year46.78%
10 Year-0.63%
15 Year67.06%
Volatility
ATR(14)0.71
ATR(20)%2.39%
ATR Inc65.47%
Range Today1.07
ADR(20)0.66
ADR(20)%2.11%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS57.08
Mansfield-0.36
10 Day High32.43
10 Day Low29.59
20 Day High32.43
20 Day Low28.74
52 Week High37.36
52 Week Low25.56
CS1 End27.07
CR1 Start31.63
Volume & EV
DER(3)-0.79%
DER(5)-0.63%
Volume554.10K
Volume Incr3.88%
Vol(5)494.82K
Vol(50)636.75K