WILLSCOT HOLDINGS CORP (WSC) Stock Technical Analysis
NASDAQ:WSC - Nasdaq - US9713781048 - Common Stock - Currency: USD
Taking everything into account, WSC scores 6 out of 10 in our technical rating. In the past year, WSC was only an average performing stock in the market. The medium term picture is unclear, although we see some positive events in recent action.
WSC is part of the Construction & Engineering industry. There are 49 other stocks in this industry, of which 66% are performing better than WSC.
The short term trend is positive, while the long term trend is neutral. So this is evolving in the right direction.
WSC is currently showing a bull flag pattern! A bull flag pattern occurs when prices pull back slightly after a strong rise up. This may be a nice opportunity for an entry.
WSC has an average volume of 1738810 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
When compared to the yearly performance of all other stocks, WSC outperforms 40% of them, which is more or less in line with the market.
WSC is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so WSC is lagging the market.
Although the technical rating is only medium, WSC does present a nice setup opportunity. 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 30.41. Right above this resistance zone may be a good entry point.
More info and screens
25.68
40.20
4 important support areas can be observed.
- A support zone ranging from 29.71 to 30.16. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 28.23 to 28.77. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 27.49 to 27.74. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 25.94 to 26.21. This zone is formed by a combination of multiple trend lines in multiple time frames.
6 important resistance areas can be observed.
- A resistance zone ranging from 30.41 to 30.75. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @32.56 from a trend line in the weekly time frame.
- Resistance @36.87 from a trend line in the weekly time frame.
- Resistance @37.67 from a trend line in the daily time frame.
- Resistance @38.72 from a horizontal line in the daily time frame.
- Resistance @39.80 from a horizontal line in the weekly time frame.
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 WSC is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for WSC is up. |
| ChartMill Relative Strength | 40.53 | NEUTRAL | WSC is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of WSC is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of WSC is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of WSC is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 62.46 | NEUTRAL | The RSI value for WSC is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.15 | POSITIVE | The MACD value suggests WSC has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 81.19 | OVERBOUGHT | The high Stochastics value suggests WSC may be overbought. |
| Average True Range in percent/ATR (20) | 3.26 | MEDIUM VOLATILITY | The ATR as a percentage value for WSC suggests some volalility. |
| Average Directional Index/ADX (14) | 14.62 | NEGATIVE | The low ADX value for WSC suggests a weak or negative 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)
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 30.76 | 29.70 | 1.06 (3.45%) | 25.00% |
| An entry @30.76. This is a Buy Stop order right above the resistance zone. | An exit @29.70. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 1.06 points, which is 3.45%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.86%. |
- The distance between exit and entry is rather small compared to the average daily movement of WSC. Please evaluate whether better entry and exit points can be found.
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
30.4
+0.03 (+0.1%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryConstruction & Engineering
Performance
% Chg0.1%
1 Week0%
2 Weeks5.19%
1 Month17.19%
3 Month30.36%
6 Month-17.03%
12 Month-25.87%
2 Year-36.6%
3 Year-21.26%
5 Year101.86%
10 YearN/A
15 YearN/A
Volatility
ATR(14)1.05
ATR(20)%3.26%
ATR Inc-28.04%
Range Today0.64
ADR(20)0.97
ADR(20)%3.18%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS40.53
Mansfield-1.57
10 Day High30.85
10 Day Low28.11
20 Day High30.85
20 Day Low25.88
52 Week High43.8
52 Week Low21.91
CS1 End30.16
CR1 Start30.41
Volume & EV
DER(3)2.05%
DER(5)1.03%
Volume2.02M
Volume Incr-24.89%
Vol(5)1.47M
Vol(50)1.74M