Overall WSBCP gets a technical rating of 1 out of 10. WSBCP 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.
Although the technical rating is bad, WSBCP does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 25.01. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 24.97, a Stop Loss order could be placed below this zone.
More info and screens
24.16
We found 1 important support area.
- A support zone ranging from 24.40 to 24.97. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 25.01 to 25.59. This zone is formed by a combination of multiple trend lines and important moving averages 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 WSBCP is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for WSBCP is down. |
| ChartMill Relative Strength | 46.96 | NEUTRAL | WSBCP is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of WSBCP is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of WSBCP is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of WSBCP is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 26.19 | OVERSOLD | The low RSI value suggests WSBCP may be oversold. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests WSBCP has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 7.84 | OVERSOLD | The low Stochastics value suggests WSBCP may be oversold. |
| Average True Range in percent/ATR (20) | 0.14 | LOW VOLATILITY | The low ATR as a percentage value for WSBCP suggests low volalility. |
| Average Directional Index/ADX (14) | 58.8 | POSITIVE | The high ADX value value for WSBCP suggests a strong trend. |
24.99
+0.01 (+0.04%)
WESBANCO INC - WSBC 6 3/4 PERP / WSBCP FAQ
What is the ChartMill technical rating of WESBANCO INC - WSBC 6 3/4 PERP (WSBCP) stock?
ChartMill assigns a technical rating of 1 / 10 to WSBCP.
What is the current trend direction of WESBANCO INC - WSBC 6 3/4 PERP (WSBCP) stock?
The current trend direction for WESBANCO INC - WSBC 6 3/4 PERP (WSBCP) is Bearish.
What is the RSI signal for WESBANCO INC - WSBC 6 3/4 PERP (WSBCP) stock?
WESBANCO INC - WSBC 6 3/4 PERP (WSBCP) has an RSI value of 26.194. This indicates that the stock is currently oversold.
Can you provide the buy/sell signal for WESBANCO INC - WSBC 6 3/4 PERP?
The buy/sell signal for WESBANCO INC - WSBC 6 3/4 PERP (WSBCP) is sell as both the short term and long term trends are negative.
Can you provide the support and resistance levels for WESBANCO INC - WSBC 6 3/4 PERP?
WESBANCO INC - WSBC 6 3/4 PERP (WSBCP) has a support level at 24.97 and a resistance level at 25.01. Check the full technical report for our detailed analysis of WSBCP support and resistance levels.