WSC Technical Analysis - WILLSCOT HOLDINGS CORP

Technical Rating and Analysis

Overall WSC gets a technical rating of 0 out of 10. WSC scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.

The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.

95% of all other stocks performed better in the past year than WSC.

WSC is part of the Construction & Engineering industry. There are 53 other stocks in this industry, of which 69% are performing better than WSC.

WSC is currently trading near the lower end of its 52 week range, which is not a good sign. Certainly not because the S&P500 Index is trading near new 52 week highs at the moment.

WSC is currently showing a bear flag pattern! A bear flag pattern occurs when prices pull back slightly after a strong move down. This may present a good short opportunity.

WSC has an average volume of 2374490 traded shares per day. This is a good sign as it is always nice to have a liquid stock.

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Technical Analysis

Relative Strength

ChartMill Trend Indicator

Simple Moving Average

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Weekly and Daily overview Charts

WILLSCOT HOLDINGS CORP / WSC Weekly stock chart

WILLSCOT HOLDINGS CORP / WSC Daily stock chart

Setup Rating and Analysis

WSC has a poor technical rating and the quality of the setup is also only medium at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.

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ChartMill Technical Ratings

Pocket Pivots

Bull Flags

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Support and Resistance Analysis

21.24

31.06

5 important resistance areas can be observed.

A resistance zone ranging from 21.46 to 21.46. This zone is formed by a combination of multiple trend lines in multiple time frames.
Resistance @28.36 from a trend line in the daily time frame.
Resistance @28.88 from a trend line in the weekly time frame.
Resistance @29.79 from a trend line in the weekly time frame.
Resistance @30.75 from a horizontal line in the daily time frame.

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Technical Indicator Signal Analysis

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 WSC is down.
ChartMill Short Term Trend Indicator	DOWN	NEGATIVE	The short term trend for WSC is down.
ChartMill Relative Strength	5.75	NEGATIVE	WSC has a low relative strength, it was outperformed by 94.25% off all stocks on the market.
Simple Moving Average/SMA (20)	DOWN	NEGATIVE	The current price of WSC is below a declining SMA(20).
Simple Moving Average/SMA (50)	DOWN	NEGATIVE	The current price of WSC is below a declining 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)	36.98	NEUTRAL	The RSI value for WSC is a neutral value.
Moving Average Convergence Divergence/MACD (12, 26, 9)	0.01	POSITIVE	The MACD value suggests WSC has a positive trend.
Stochastics (14,3)	32.03	NEUTRAL	The Stochastics value for WSC is a neutral value.
Average True Range in percent/ATR (20)	3.16	MEDIUM VOLATILITY	The ATR as a percentage value for WSC suggests some volalility.
Average Directional Index/ADX (14)	39.46	POSITIVE	The high ADX value value for WSC suggests a strong trend.