WESBANCO INC (WSBC) Stock Technical Analysis
USA - NASDAQ:WSBC - US9508101014 - Common Stock
Overall WSBC gets a technical rating of 0 out of 10. WSBC scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
WSBC has a bad technical rating, but it does show a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period.
More info and screens
25.86
When analyzing the support we can see 3 important areas.
- Support @30.03 from a trend line in the daily time frame.
- Support @29.44 from a horizontal line in the daily time frame.
- Support @26.12 from a horizontal line in the weekly time frame.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 30.33 to 30.57. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A resistance zone ranging from 32.99 to 33.76. 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 | DOWN | NEGATIVE | The long term trend for WSBC is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for WSBC is down. |
| ChartMill Relative Strength | 27.06 | NEGATIVE | WSBC has a low relative strength, it was outperformed by 72.94% off all stocks 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) | DOWN | NEGATIVE | The current price of WSBC is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 40.01 | NEUTRAL | The RSI value for WSBC is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.14 | NEGATIVE | The MACD value suggests WSBC has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 15.45 | OVERSOLD | The low Stochastics value suggests WSBC may be oversold. |
| Average True Range in percent/ATR (20) | 3.28 | MEDIUM VOLATILITY | The ATR as a percentage value for WSBC suggests some volalility. |
| Average Directional Index/ADX (14) | 24.87 | NEUTRAL | The ADX value for WSBC suggests a possible start of a new trend. |
30.06
-0.29 (-0.96%)
WESBANCO INC / WSBC FAQ
What is the technical rating for WSBC stock?
ChartMill assigns a technical rating of 0 / 10 to WSBC.
What is the current trend direction of WESBANCO INC (WSBC) stock?
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 40.0061. This indicates that the stock is currently neutral.
Can you provide the MACD signal for WESBANCO INC?
The MACD indicator for WESBANCO INC (WSBC) has a value of -0.141531, indicating a bearish trend.
Can you provide the short term momentum for WESBANCO INC?
The short term momentum for WESBANCO INC (WSBC) is negative.