WESTERN UNION CO (WU) Stock Technical Analysis
USA - NYSE:WU - US9598021098 - Common Stock
8.13 USD
+0.03 (+0.37%)
8.15 USD
+0.02 (+0.25%)
Overall WU gets a technical rating of 1 out of 10. WU 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 neutral, while the long term trend is still negative. We need to see a little more continued positive action to make this really interesting.
86% of all other stocks performed better in the past year than WU.
WU is one of the lesser performing stocks in the Financial Services industry. 73% of 99 stocks in the same industry do better.
WU 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.
In the last month WU has a been trading in the 7.85 - 8.34 range, which is quite wide. It is currently trading in the middle of this range where prices have been consolidating recently, this may present a good entry opportunity, but some resistance may be present above.
WU has an average volume of 9845000 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
WU has a bad technical rating, but it does show a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is a resistance zone just above the current price starting at 8.30. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 8.13, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for WU in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
7.79
10.52
We found 1 important support area.
- A support zone ranging from 7.87 to 8.13. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
We can see 4 important resistance areas.
- A resistance zone ranging from 8.30 to 8.31. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 8.73 to 8.85. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @10.08 from a trend line in the weekly time frame.
- A resistance zone ranging from 10.27 to 10.42. 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 | DOWN | NEGATIVE | The long term trend for WU is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for WU is neutral. |
| ChartMill Relative Strength | 14.43 | NEGATIVE | WU has a low relative strength, it was outperformed by 85.57% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of WU is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of WU is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of WU is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 48.53 | NEUTRAL | The RSI value for WU is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.02 | POSITIVE | The MACD value suggests WU has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 64.54 | NEUTRAL | The Stochastics value for WU is a neutral value. |
| Average True Range in percent/ATR (20) | 2.33 | MEDIUM VOLATILITY | The ATR as a percentage value for WU suggests some volalility. |
| Average Directional Index/ADX (14) | 11.4 | NEGATIVE | The low ADX value for WU suggests a weak or negative 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)
8.13
+0.03 (+0.37%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryFinancial Services
Performance
% Chg0.37%
1 Week-1.81%
2 Weeks-0.49%
1 Month0.12%
3 Month-5.24%
6 Month-19.82%
12 Month-27.22%
2 Year-27.99%
3 Year-39.82%
5 Year-58.18%
10 Year-57.77%
15 Year-53.78%
Volatility
ATR(14)0.2
ATR(20)%2.33%
ATR Inc-6.9%
Range Today0.13
ADR(20)0.19
ADR(20)%2.3%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS14.43
Mansfield-2.44
10 Day High8.34
10 Day Low7.87
20 Day High8.34
20 Day Low7.85
52 Week High11.95
52 Week Low7.85
CS1 End8.13
CR1 Start8.3
Volume & EV
DER(3)3.67%
DER(5)1.43%
Volume8.08M
Volume Incr-30.06%
Vol(5)8.04M
Vol(50)9.85M