WEST PHARMACEUTICAL SERVICES (WST) Stock Technical Analysis
USA - NYSE:WST - US9553061055 - Common Stock
We assign a technical rating of 7 out of 10 to WST. Although WST is only a medium performer in the overall market, the technical picture looks good in both the medium and short term time frames.
WST has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. A pullback is taking place, which may present a nice opportunity for an entry. There is a support zone below the current price at 271.03, a Stop Loss order could be placed below this zone.
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203.31
When analyzing the support we can see 4 important areas.
- A support zone ranging from 266.22 to 271.03. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @261.68 from a trend line in the daily time frame.
- Support @222.65 from a trend line in the weekly time frame.
- Support @205.36 from a horizontal line in the daily time frame.
2 important resistance areas can be observed.
- Resistance @290.70 from a trend line in the weekly time frame.
- Resistance @297.48 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 | UP | POSITIVE | The long term trend for WST is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for WST is neutral. |
| ChartMill Relative Strength | 41.41 | NEUTRAL | WST is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of WST is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of WST is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | MIXED | The current price of WST is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 51.46 | NEUTRAL | The RSI value for WST is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -1.93 | NEGATIVE | The MACD value suggests WST has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 20.31 | NEUTRAL | The Stochastics value for WST is a neutral value. |
| Average True Range in percent/ATR (20) | 4.05 | MEDIUM VOLATILITY | The ATR as a percentage value for WST suggests some volalility. |
| Average Directional Index/ADX (14) | 26.69 | POSITIVE | The high ADX value value for WST suggests a strong trend. |
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 |
|---|---|---|---|
| 290.71 | 266.21 | 24.50 (8.43%) | 11.87% |
| An entry @290.71. This is a Buy Stop order right above the resistance zone. | An exit @266.21. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 24.50 points, which is 8.43%. | For a 1.00% total portfolio risk, you can invest 11.87% 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.
277.41
+1.94 (+0.7%)
WEST PHARMACEUTICAL SERVICES / WST FAQ
What is the technical rating for WST stock?
ChartMill assigns a technical rating of 7 / 10 to WST.
Can you provide the trend direction for WEST PHARMACEUTICAL SERVICES?
The current trend direction for WEST PHARMACEUTICAL SERVICES (WST) is Bullish.
What is the RSI signal for WST stock?
WEST PHARMACEUTICAL SERVICES (WST) has an RSI value of 51.4611. This indicates that the stock is currently neutral.
What is the MACD signal for WEST PHARMACEUTICAL SERVICES (WST) stock?
The MACD indicator for WEST PHARMACEUTICAL SERVICES (WST) has a value of -1.93213, indicating a bearish trend.
Can you provide the support and resistance levels for WEST PHARMACEUTICAL SERVICES?
WEST PHARMACEUTICAL SERVICES (WST) has a support level at 271.03 and a resistance level at 290.7. Check the full technical report for our detailed analysis of WST support and resistance levels.