WESBANCO INC - WSBC 6 3/4 PERP (WSBCP) Stock Technical Analysis
NASDAQ:WSBCP - Nasdaq - US9508107052 - Currency: USD
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.
WSBCP is one of the lesser performing stocks in the Banks industry. 69% of 393 stocks in the same industry do better.
Warning: WSBCP has an average volume of 20108 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
The short term trend is negative, the long term trend is neutral. Not much exciting going on here.
When compared to the yearly performance of all other stocks, WSBCP outperforms 41% of them, which is more or less in line with the market.
WSBCP is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so WSBCP is lagging the market.
In the last month WSBCP has a been trading in a tight range between 25.02 and 25.53.
Considerably lower volume is observed in the last couple of days.
WSBCP 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. There is a resistance zone just above the current price starting at 25.16. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 25.01, a Stop Loss order could be placed below this zone.
More info and screens
24.16
25.85
We found 1 important support area.
- A support zone ranging from 24.40 to 25.01. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 25.16 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 | NEUTRAL | NEUTRAL | The long term trend for WSBCP is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for WSBCP is down. |
| ChartMill Relative Strength | 41.08 | 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) | 40.96 | NEUTRAL | The RSI value for WSBCP is a neutral value. |
| 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) | 26.46 | NEUTRAL | The Stochastics value for WSBCP is a neutral value. |
| Average True Range in percent/ATR (20) | 0.31 | LOW VOLATILITY | The low ATR as a percentage value for WSBCP suggests low volalility. |
| Average Directional Index/ADX (14) | 33.18 | POSITIVE | The high ADX value value for WSBCP suggests a strong 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)
25.15
-0.03 (-0.12%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryBanks
Performance
% Chg-0.12%
1 Week0.08%
2 Weeks-0.2%
1 Month-1.14%
3 Month-0.2%
6 Month0%
12 Month1.99%
2 Year11.78%
3 Year-3.97%
5 Year-4.37%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.1
ATR(20)%0.31%
ATR Inc-32.1%
Range Today0.06
ADR(20)0.05
ADR(20)%0.21%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS41.08
Mansfield-0.84
10 Day High25.2
10 Day Low25.1
20 Day High25.53
20 Day Low25.02
52 Week High25.6
52 Week Low24.42
CS1 End25.01
CR1 Start25.16
Volume & EV
DER(3)2.35%
DER(5)1.1%
Volume12.60K
Volume Incr-65.57%
Vol(5)6.26K
Vol(50)20.11K