WESTERN UNION CO (WU) Stock Technical Analysis
USA - NYSE:WU - US9598021098 - Common Stock
Taking everything into account, WU scores 1 out of 10 in our technical rating. WU's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
WU has a poor technical rating and the quality of the setup is also not perfect 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
7.79
When analyzing the support we notice one important area.
- A support zone ranging from 7.87 to 8.02. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 3 important areas.
- Resistance @9.13 from a trend line in the weekly time frame.
- A resistance zone ranging from 9.32 to 9.55. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @9.90 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 | DOWN | NEGATIVE | The short term trend for WU is down. |
| ChartMill Relative Strength | 23.08 | NEGATIVE | WU has a low relative strength, it was outperformed by 76.92% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of WU is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of WU is below the rising 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) | 43.58 | NEUTRAL | The RSI value for WU is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.11 | NEGATIVE | The MACD value suggests WU has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 8.31 | OVERSOLD | The low Stochastics value suggests WU may be oversold. |
| Average True Range in percent/ATR (20) | 4.11 | MEDIUM VOLATILITY | The ATR as a percentage value for WU suggests some volalility. |
| Average Directional Index/ADX (14) | 23.29 | NEUTRAL | The ADX value for WU suggests a possible start of a new trend. |
8.42
+0.25 (+3.06%)
WESTERN UNION CO / WU FAQ
Can you provide the ChartMill technical rating for WESTERN UNION CO?
ChartMill assigns a technical rating of 1 / 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 43.5755. This indicates that the stock is currently neutral.
What is the short term momentum for WU stock?
The short term momentum for WESTERN UNION CO (WU) is negative.