WESTERN UNION CO (WU) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:WU - US9598021098 - Common Stock
We assign a technical rating of 6 out of 10 to WU. In the last year, WU was a medium performer in the overall market. The medium term is still looking fine, but we see some doubts in the very recent evolution.
WU has only a medium technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. There is a support zone below the current price at 9.50, 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. Very recently a Pocket Pivot signal was observed. This is another positive sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
7.84
When analyzing the support we can see 5 important areas.
- A support zone ranging from 9.46 to 9.50. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 9.15 to 9.23. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 8.41 to 8.42. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @8.16 from a horizontal line in the daily time frame.
- A support zone ranging from 7.92 to 8.02. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 2 important resistance areas.
- A resistance zone ranging from 9.58 to 9.82. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 9.99 to 9.99. 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 WU is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for WU is up. |
| ChartMill Relative Strength | 49.49 | NEUTRAL | WU is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of WU is above a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of WU is above a declining 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) | 54.76 | NEUTRAL | The RSI value for WU is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | NEGATIVE | The MACD value suggests WU has a negative trend. |
| Stochastics (14,3) | 71.35 | NEUTRAL | The Stochastics value for WU is a neutral value. |
| Average True Range in percent/ATR (20) | 2.23 | MEDIUM VOLATILITY | The ATR as a percentage value for WU suggests some volalility. |
| Average Directional Index/ADX (14) | 26.42 | POSITIVE | The high ADX value value for WU 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 |
|---|---|---|---|
| 9.83 | 9.45 | 0.38 (3.87%) | 25.00% |
| An entry @9.83. This is a Buy Stop order right above the resistance zone. | An exit @9.45. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 0.38 points, which is 3.87%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.97%. |
- 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.
9.51
-0.18 (-1.86%)
WESTERN UNION CO / WU FAQ
Can you provide the ChartMill technical rating for WESTERN UNION CO?
ChartMill assigns a technical rating of 6 / 10 to WU.
Can you provide the trend direction for WESTERN UNION CO?
The current trend direction for WESTERN UNION CO (WU) is Bullish.
Can you provide the RSI signal for WESTERN UNION CO?
WESTERN UNION CO (WU) has an RSI value of 54.7614. This indicates that the stock is currently neutral.
What is the buy/sell signal for WESTERN UNION CO (WU) stock?
The buy/sell signal for WESTERN UNION CO (WU) is buy as both the short term and long term trends are positive.
What are the support and resistance levels for WESTERN UNION CO (WU) stock?
WESTERN UNION CO (WU) has a support level at 9.5 and a resistance level at 9.58. Check the full technical report for our detailed analysis of WU support and resistance levels.