WESTERN UNION CO (WU) Stock Technical Analysis
NYSE:WU - New York Stock Exchange, Inc. - US9598021098 - Common Stock - Currency: USD
Taking everything into account, WU scores 0 out of 10 in our technical rating. 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 negative, as is the long term trend. There should be more interesting stocks out there.
When comparing the yearly performance of all stocks, WU is a bad performer in the overall market: 92% of all stocks are doing better.
WU is one of the lesser performing stocks in the Financial Services industry. 87% of 101 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 7.89 - 8.84 range, which is quite wide. It is currently trading near the lows of this range.
WU has an average volume of 8912960 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Although the technical rating is bad, WU does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period.
More info and screens
7.83
10.71
We found 1 important support area.
- A support zone ranging from 7.91 to 7.91. This zone is formed by a combination of multiple trend lines in multiple time frames.
3 important resistance areas can be observed.
- A resistance zone ranging from 8.55 to 8.83. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @10.27 from a horizontal line in the daily time frame.
- A resistance zone ranging from 10.57 to 10.60. 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 | DOWN | NEGATIVE | The short term trend for WU is down. |
| ChartMill Relative Strength | 8.3 | NEGATIVE | WU has a low relative strength, it was outperformed by 91.7% 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) | 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) | 38.83 | NEUTRAL | The RSI value for WU is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.02 | NEGATIVE | The MACD value suggests WU has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 10.53 | OVERSOLD | The low Stochastics value suggests WU may be oversold. |
| Average True Range in percent/ATR (20) | 2.89 | MEDIUM VOLATILITY | The ATR as a percentage value for WU suggests some volalility. |
| Average Directional Index/ADX (14) | 26.56 | POSITIVE | The high ADX value value for WU suggests a strong 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)
8.05
+0.02 (+0.25%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryFinancial Services
Performance
% Chg0.25%
1 Week-0.74%
2 Weeks-6.63%
1 Month-7.49%
3 Month-17.73%
6 Month-24.32%
12 Month-31.25%
2 Year-34.98%
3 Year-45.82%
5 Year-65.96%
10 Year-56.45%
15 Year-48.79%
Volatility
ATR(14)0.25
ATR(20)%2.89%
ATR Inc-21.29%
Range Today0.19
ADR(20)0.23
ADR(20)%2.81%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS8.3
Mansfield-2.8
10 Day High8.84
10 Day Low7.89
20 Day High8.84
20 Day Low7.89
52 Week High12.4
52 Week Low7.89
CS1 End7.91
CR1 Start8.55
Volume & EV
DER(3)0.84%
DER(5)1.03%
Volume8.72M
Volume Incr2.97%
Vol(5)9.97M
Vol(50)8.91M