WILLSCOT HOLDINGS CORP (WSC) Stock Technical Analysis
NASDAQ:WSC • US9713781048
Taking everything into account, WSC scores 4 out of 10 in our technical rating. In the past year, WSC was a below average performing stock in the market. The medium term picture is also negative, but we see some improvement happening in recent action.
- When comparing the yearly performance of all stocks, WSC is a bad performer in the overall market: 78% of all stocks are doing better.
- WSC is part of the Construction & Engineering industry. There are 55 other stocks in this industry, of which 61% are performing better than WSC.
- WSC is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
- The long term trend is still neutral, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
- WSC has an average volume of 2041020 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- In the last month WSC has a been trading in the 19.48 - 22.66 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
- Considerably lower volume is observed in the last couple of days.
WSC has only a medium technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. There is very little resistance above the current price.
More info and screens
19.67
3 important support areas can be observed.
- A support zone ranging from 21.04 to 21.27. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 20.65 to 20.68. 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 19.87 to 20.03. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 3 important resistance areas.
- Resistance @21.91 from a trend line in the daily time frame.
- A resistance zone ranging from 22.50 to 22.59. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @23.61 from a trend 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 | 22.22 | NEGATIVE | WSC has a low relative strength, it was outperformed by 77.78% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of WSC is above a declining 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) | 55.07 | NEUTRAL | The RSI value for WSC is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.05 | POSITIVE | The MACD value suggests WSC has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 67.31 | NEUTRAL | The Stochastics value for WSC is a neutral value. |
| Average True Range in percent/ATR (20) | 4.07 | MEDIUM VOLATILITY | The ATR as a percentage value for WSC suggests some volalility. |
| Average Directional Index/ADX (14) | 17.74 | NEGATIVE | The low ADX value for WSC suggests a weak or negative trend. |
21.62
+0.4 (+1.89%)
WILLSCOT HOLDINGS CORP / WSC FAQ
What is the ChartMill technical rating of WILLSCOT HOLDINGS CORP (WSC) stock?
ChartMill assigns a technical rating of 4 / 10 to WSC.
What is the current trend direction of WILLSCOT HOLDINGS CORP (WSC) stock?
The current trend direction for WILLSCOT HOLDINGS CORP (WSC) is Bearish.
What is the RSI signal for WILLSCOT HOLDINGS CORP (WSC) stock?
WILLSCOT HOLDINGS CORP (WSC) has an RSI value of 55.0665. This indicates that the stock is currently neutral.
What is the MACD signal for WSC stock?
The MACD indicator for WILLSCOT HOLDINGS CORP (WSC) has a value of 0.0541392, indicating a bearish trend.
What are the support and resistance levels for WILLSCOT HOLDINGS CORP (WSC) stock?
WILLSCOT HOLDINGS CORP (WSC) has a support level at 21.27 and a resistance level at 21.91. Check the full technical report for our detailed analysis of WSC support and resistance levels.