WESTERN UNION CO (WU) Stock Technical Analysis
USA - NYSE:WU - US9598021098 - Common Stock
9.49 USD
+0.58 (+6.51%)
9.51 USD
+0.02 (+0.21%)
Taking everything into account, WU scores 7 out of 10 in our technical rating. WU has been a medium performer in the overall market. Some doubts are observed in the medium time frame, but recent action was very positive.
The long term trend is still neutral, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
In the last month WU has a been trading in the 7.87 - 9.63 range, which is quite wide. It is currently trading near the high of this range.
Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.
WU has an average volume of 10772100 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
When compared to the yearly performance of all other stocks, WU outperforms 48% of them, which is more or less in line with the market.
WU is an average performer in the Financial Services industry, it outperforms 65% of 99 stocks in the same industry.
WU is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so WU is lagging the market.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
Although WU has an excellent technical rating, it does not present a decent entry opportunity at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
7.84
10.49
We found 2 important support areas.
- A support zone ranging from 8.27 to 8.57. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 7.92 to 8.07. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 2 important resistance areas.
- Resistance @10.04 from a trend line in the weekly time frame.
- Resistance @10.39 from a trend 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 | NEUTRAL | NEUTRAL | The long term trend for WU is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for WU is up. |
| ChartMill Relative Strength | 48.32 | NEUTRAL | WU is not amongst the best or worst performers 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) | UP | POSITIVE | The current price of WU is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | MIXED | The current price of WU is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 75.72 | OVERBOUGHT | The high RSI value suggests WU may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.14 | POSITIVE | The MACD value suggests WU has a positive trend. |
| Stochastics (14,3) | 83.52 | OVERBOUGHT | The high Stochastics value suggests WU may be overbought. |
| Average True Range in percent/ATR (20) | 2.78 | MEDIUM VOLATILITY | The ATR as a percentage value for WU suggests some volalility. |
| Average Directional Index/ADX (14) | 19.31 | 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)
9.49
+0.58 (+6.51%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryFinancial Services
Performance
% Chg6.51%
1 Week16.73%
2 Weeks14.61%
1 Month18.77%
3 Month19.82%
6 Month-2.37%
12 Month-11.64%
2 Year-15.94%
3 Year-29.76%
5 Year-51.18%
10 Year-50.7%
15 Year-46.05%
Volatility
ATR(14)0.3
ATR(20)%2.78%
ATR Inc86.79%
Range Today0.68
ADR(20)0.24
ADR(20)%2.49%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS48.32
3 months CRS81.95
6 months CRS20.62
Mansfield-1.34
10 Day High9.63
10 Day Low8.02
20 Day High9.63
20 Day Low7.87
52 Week High11.95
52 Week Low7.85
CS1 End8.57
CR1 Start10.04
Volume & EV
DER(3)7.33%
DER(5)6.97%
Volume27.85M
Volume Incr67.32%
Vol(5)18.20M
Vol(50)10.77M
WESTERN UNION CO / WU FAQ
Can you provide the ChartMill technical rating for WESTERN UNION CO?
ChartMill assigns a technical rating of 7 / 10 to WU.
What is the trend direction for WU stock?
The current trend direction for WESTERN UNION CO (WU) is Bearish.
Can you provide the RSI signal for WESTERN UNION CO?
WESTERN UNION CO (WU) has an RSI value of 75.715. This indicates that the stock is currently overbought.
What is the short term momentum for WU stock?
The short term momentum for WESTERN UNION CO (WU) is positive.