WESTERN UNION CO (WU) Stock Technical Analysis
NYSE:WU - US9598021098 - Common Stock
8.72 USD
0 (0%)
8.7484 USD
+0.03 (+0.33%)
We assign a technical rating of 3 out of 10 to WU. In the past year, WU was a below average performing stock in the market. The medium term picture is also negative, but we see some improvement happening in recent action.
When comparing the yearly performance of all stocks, WU is a bad performer in the overall market: 89% of all stocks are doing better.
WU is one of the lesser performing stocks in the Financial Services industry. 83% of 102 stocks in the same industry do better.
WU is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
In the last month WU has a been trading in the 7.95 - 8.83 range, which is quite wide. It is currently trading near the high of this range.
WU has an average volume of 9354770 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
The short term trend is positive, while the long term trend is still negative. So this is evolving in the right direction, but it may need some more time to really turn around the trend.
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. There is a resistance zone just above the current price starting at 8.73. Right above this resistance zone may be a good entry point. We notice that large players showed an interest for WU in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
7.83
10.63
When analyzing the support we notice one important 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.
We can see 2 important resistance areas.
- A resistance zone ranging from 8.73 to 8.76. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 10.27 to 10.52. 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 | UP | POSITIVE | The short term trend for WU is up. |
| ChartMill Relative Strength | 11.29 | NEGATIVE | WU has a low relative strength, it was outperformed by 88.71% off all stocks 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 | NEGATIVE | The current price of WU is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 58.63 | NEUTRAL | The RSI value for WU is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.04 | POSITIVE | The MACD value suggests WU has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 83.03 | OVERBOUGHT | The high Stochastics value suggests WU may be overbought. |
| Average True Range in percent/ATR (20) | 2.4 | MEDIUM VOLATILITY | The ATR as a percentage value for WU suggests some volalility. |
| Average Directional Index/ADX (14) | 21.08 | NEUTRAL | The ADX value for WU suggests a possible start of a new 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)
8.72
0 (0%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryFinancial Services
Performance
% Chg0%
1 Week1.99%
2 Weeks5.06%
1 Month8.32%
3 Month-7.82%
6 Month-24.96%
12 Month-28.23%
2 Year-33.84%
3 Year-35.41%
5 Year-59.31%
10 Year-52.51%
15 Year-50.65%
Volatility
ATR(14)0.2
ATR(20)%2.4%
ATR Inc-29.3%
Range Today0.15
ADR(20)0.2
ADR(20)%2.28%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS11.29
Mansfield-2.16
10 Day High8.83
10 Day Low8.29
20 Day High8.83
20 Day Low7.95
52 Week High12.4
52 Week Low7.89
CS1 End7.91
CR1 Start8.73
Volume & EV
DER(3)4.2%
DER(5)5.19%
Volume6.84M
Volume Incr-17.71%
Vol(5)7.63M
Vol(50)9.35M