WAYSIDE TECHNOLOGY GROUP INC (WSTG)

US9467601053 - Common Stock

31.11  +0.32 (+1.04%)

After market: 28.51 -2.6 (-8.36%)

Technical Rating and Analysis

7

Taking everything into account, WSTG scores 7 out of 10 in our technical rating. In the past year, WSTG was one of the better performing stocks in the market. The medium term picture became unclear, although we see some improvement happening in recent action.

Warning: WSTG has an average volume of 12046 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
The short term trend is positive, while the long term trend is neutral. So this is evolving in the right direction.
WSTG is one of the better performing stocks in the Electronic Equipment, Instruments & Components industry, it outperforms 89% of 127 stocks in the same industry.
In the last month WSTG has a been trading in the 26.01 - 31.60 range, which is quite wide. It is currently trading near the high of this range.
Looking at the yearly performance, WSTG did better than 90% of all other stocks. However, this overall performance is mostly based on the strong move around 7 months ago.
WSTG is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so WSTG is lagging the market.
Considerably lower volume is observed in the last couple of days.
Weekly and Daily overview Charts
WSTG Weekly chart
WSTG Daily chart
Setup Rating and Analysis

2

Although WSTG has an excellent technical rating, it does not offer a high quality setup 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.

Support and Resistance Analysis

25.85

32.65

We found 3 important support areas.

  • Support @28.06 from a horizontal line in the daily time frame.
  • A support zone ranging from 26.88 to 27.28. This zone is formed by a combination of multiple trend lines in the weekly time frame.
  • Support @26.11 from a horizontal line in the weekly time frame.

2 important resistance areas can be observed.

  • A resistance zone ranging from 31.12 to 31.12. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • Resistance @32.33 from a horizontal line in the daily time frame.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS90.43
Mansfield0.53
10 Day High31.6
10 Day Low28.61
20 Day High31.6
20 Day Low26.01
52 Week High39.45
52 Week Low24.65
Performance
1 Week5.03%
2 Weeks6.94%
1 Month15.74%
3 Month-1.24%
6 Month-9.17%
12 Month17%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
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)
Technical Indicators
MACD(12,26,9)0.25
RSI(14)68.28
LBB27.98
UBB31.29
WSTG Daily chart

WAYSIDE TECHNOLOGY GROUP INC

NASDAQ:WSTG (10/28/2022, 7:06:31 PM)

After market: 28.51 -2.6 (-8.36%)

31.11

+0.32 (+1.04%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustryElectronic Equipment, Instruments & Components
Performance
% Chg1.04%
1 Week5.03%
2 Weeks6.94%
1 Month15.74%
3 Month-1.24%
6 Month-9.17%
12 Month17%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)0.81
ATR(20)%3.06%
ATR Inc
Range Today0.87
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High31.6
10 Day Low28.61
20 Day High31.6
20 Day Low26.01
52 Week High39.45
52 Week Low24.65
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume3.20K
Volume Incr-73.49%
Vol(5)2.76K
Vol(50)12.05K