Wsi Industries Inc. (WSCI) Stock Technical Analysis
USA - NASDAQ:WSCI -
Taking everything into account, WSCI scores 10 out of 10 in our technical rating. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, WSCI is showing a nice and steady performance.
WSCI has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 7.01. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 6.98, a Stop Loss order could be placed below this zone. Another positive sign is the recent Pocket Pivot signal.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
5.56
When analyzing the support we can see 3 important areas.
- A support zone ranging from 6.94 to 6.98. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 5.75 to 5.84. This zone is formed by a combination of multiple trend lines in the weekly time frame.
- A support zone ranging from 5.62 to 5.64. This zone is formed by a combination of multiple trend lines in the daily time frame.
We found 1 important resistance area.
- A resistance zone ranging from 7.01 to 7.02. This zone is formed by a combination of multiple trend lines 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 | UP | POSITIVE | The long term trend for WSCI is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for WSCI is up. |
| ChartMill Relative Strength | 98.54 | POSITIVE | WSCI has a high relative strength, it outperformed 98.54% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of WSCI is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of WSCI is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of WSCI is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 63.33 | NEUTRAL | The RSI value for WSCI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.02 | NEGATIVE | The MACD value suggests WSCI has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 66.67 | NEUTRAL | The Stochastics value for WSCI is a neutral value. |
| Average True Range in percent/ATR (20) | 0.49 | LOW VOLATILITY | The low ATR as a percentage value for WSCI suggests low volalility. |
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 |
|---|---|---|---|
| 7.03 | 6.94 | 0.09 (1.28%) | 25.00% |
| An entry @7.03. This is a Buy Stop order right above the resistance zone. | An exit @6.94. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 0.09 points, which is 1.28%. | For a 0.32% total portfolio risk, you can invest 25.00% of your capital in this trade. |
- 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.
NASDAQ:WSCI (11/7/2018, 8:30:52 PM)
6.99
+0.01 (+0.14%)
Wsi Industries Inc. / WSCI FAQ
What is the technical rating for WSCI stock?
ChartMill assigns a technical rating of 10 / 10 to WSCI.
What is the current trend direction of Wsi Industries Inc. (WSCI) stock?
The current trend direction for Wsi Industries Inc. (WSCI) is Bullish.
What is the RSI signal for WSCI stock?
Wsi Industries Inc. (WSCI) has an RSI value of 63.3349. This indicates that the stock is currently neutral.
What is the short term momentum for Wsi Industries Inc. (WSCI) stock?
The short term momentum for Wsi Industries Inc. (WSCI) is positive.
What is the support and resistance level for WSCI stock?
Wsi Industries Inc. (WSCI) has a support level at 6.98 and a resistance level at 7.01. Check the full technical report for our detailed analysis of WSCI support and resistance levels.