WESTERN UNION CO (WU) Stock Technical Analysis
NYSE:WU • US9598021098
Taking everything into account, WU scores 3 out of 10 in our technical rating. WU performed below average in the overall market. Although the medium term picture in unclear, the short term picture is clearly negative.
- When comparing the yearly performance of all stocks, WU is a bad performer in the overall market: 71% of all stocks are doing better.
- In the last month WU has a been trading in the 8.85 - 10.35 range, which is quite wide. It is currently trading near the lows of this range.
- WU has an average volume of 8586720 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- The long and short term trends are both neutral. This gives a pretty neutral overall picture!
- WU is an average performer in the Financial Services industry, it outperforms 53% of 98 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.
- Volume is considerably higher in the last couple of days.
The technical rating of WU is bad and it also does not present a 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
7.83
We found 3 important support areas.
- A support zone ranging from 9.13 to 9.23. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Support @8.61 from a trend line in the daily time frame.
- A support zone ranging from 7.91 to 8.02. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 9.39 to 9.75. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 10.29 to 10.29. 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 | NEUTRAL | NEUTRAL | The long term trend for WU is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for WU is neutral. |
| ChartMill Relative Strength | 29.06 | NEGATIVE | WU has a low relative strength, it was outperformed by 70.94% 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 | MIXED | The current price of WU is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 42.86 | NEUTRAL | The RSI value for WU is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.07 | NEGATIVE | The MACD value suggests WU has a negative trend. |
| Stochastics (14,3) | 29.52 | NEUTRAL | The Stochastics value for WU is a neutral value. |
| Average True Range in percent/ATR (20) | 3.35 | MEDIUM VOLATILITY | The ATR as a percentage value for WU suggests some volalility. |
| Average Directional Index/ADX (14) | 20.75 | NEUTRAL | The ADX value for WU suggests a possible start of a new trend. |
9.27
-0.17 (-1.8%)
WESTERN UNION CO / WU FAQ
Can you provide the ChartMill technical rating for WESTERN UNION CO?
ChartMill assigns a technical rating of 3 / 10 to WU.
Can you provide the trend direction for WESTERN UNION CO?
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 42.8595. This indicates that the stock is currently neutral.
What are the support and resistance levels for WESTERN UNION CO (WU) stock?
WESTERN UNION CO (WU) has a support level at 9.23 and a resistance level at 9.39. Check the full technical report for our detailed analysis of WU support and resistance levels.