WINTRUST FINANCIAL CORP (WTFC) Stock Technical Analysis
NASDAQ:WTFC - US97650W1080 - Common Stock
137.29 USD
-0.87 (-0.63%)
137.29 USD
0 (0%)
Taking everything into account, WTFC scores 9 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, WTFC is showing a nice and steady performance.
Both the short term and long term trends are positive. This is a very positive sign.
WTFC is one of the better performing stocks in the Banks industry, it outperforms 80% of 395 stocks in the same industry.
WTFC is currently trading near its 52 week high, which is a good sign. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
In the last month WTFC has a been trading in the 121.97 - 138.91 range, which is quite wide. It is currently trading near the high of this range.
When comparing the yearly performance of all stocks, we notice that WTFC is one of the better performing stocks in the market, outperforming 80% of all stocks. However, this overall performance is mostly based on the strong move around 10 months ago.
Although WTFC 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.
More info and screens
101.79
139.90
When analyzing the support we can see 3 important areas.
- A support zone ranging from 127.06 to 129.37. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 122.54 to 123.83. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @102.82 from a trend line in the weekly time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 138.01 to 138.51. 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 WTFC is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for WTFC is up. |
| ChartMill Relative Strength | 80.56 | POSITIVE | WTFC has a high relative strength, it outperformed 80.56% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of WTFC is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of WTFC is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of WTFC is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 66.95 | NEUTRAL | The RSI value for WTFC is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 1.16 | POSITIVE | The MACD value suggests WTFC has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 94.06 | OVERBOUGHT | The high Stochastics value suggests WTFC may be overbought. |
| Average True Range in percent/ATR (20) | 1.91 | LOW VOLATILITY | The low ATR as a percentage value for WTFC suggests low volalility. |
| Average Directional Index/ADX (14) | 22.29 | NEUTRAL | The ADX value for WTFC suggests a possible start of a new trend. |
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)
137.29
-0.87 (-0.63%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryBanks
Performance
% Chg-0.63%
1 Week2.44%
2 Weeks8.03%
1 Month10.7%
3 Month14.97%
6 Month10.3%
12 Month26.19%
2 Year76.9%
3 Year62.78%
5 Year215.46%
10 Year169.2%
15 Year377.36%
Volatility
ATR(14)2.6
ATR(20)%1.91%
ATR Inc-17.46%
Range Today2.2
ADR(20)2.52
ADR(20)%1.84%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS80.56
Mansfield0.37
10 Day High138.92
10 Day Low126.3
20 Day High138.92
20 Day Low121.97
52 Week High142.04
52 Week Low89.1
CS1 End129.37
CR1 Start138.01
Volume & EV
DER(3)-0.69%
DER(5)-0.88%
Volume573.90K
Volume Incr34%
Vol(5)488.60K
Vol(50)434.15K