WESTERN UNION CO (WU) Technical Analysis
NYSE:WU • US9598021098
Current stock price
WU Technical Rating and Analysis
We assign a technical rating of 0 out of 10 to WU. 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.
- 77% of all other stocks performed better in the past year than WU.
- In the last month WU has a been trading in the 8.85 - 9.94 range, which is quite wide. It is currently trading near the lows of this range.
- Prices have been falling strongly lately, it is better to avoid new long positions here.
- WU has an average volume of 8813030 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- The long term trend is neutral, but the short term trend is negative. Better to stay away from this!
- WU is an average performer in the Financial Services industry, it outperforms 48% 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 trading in the upper part of its 52 week range, so WU is lagging the market slightly.
WU Weekly and Daily overview Charts
WU Setup Rating and Analysis
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
WU Support and Resistance Analysis
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 4 important areas.
- A resistance zone ranging from 9.41 to 9.57. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @9.73 from a trend line in the daily time frame.
- Resistance @10.09 from a trend line in the weekly time frame.
- 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.
WU Technical Indicator Signal Analysis
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 | 23.14 | NEGATIVE | WU has a low relative strength, it was outperformed by 76.86% 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 | MIXED | The current price of WU is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 34.05 | NEUTRAL | The RSI value for WU is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.06 | NEGATIVE | The MACD value suggests WU has a negative trend. |
| Stochastics (14,3) | 8.34 | OVERSOLD | The low Stochastics value suggests WU may be oversold. |
| Average True Range in percent/ATR (20) | 3.66 | MEDIUM VOLATILITY | The ATR as a percentage value for WU suggests some volalility. |
| Average Directional Index/ADX (14) | 13.67 | NEGATIVE | The low ADX value for WU suggests a weak or negative trend. |
WU Chart- and CandleStick Pattern Analysis
WU Technicals: Chart, Performance Metrics, Trend & Indicators
8.99
-0.26 (-2.81%)
WESTERN UNION CO / WU TA FAQ
Can you provide the ChartMill technical rating for WESTERN UNION CO?
ChartMill assigns a technical rating of 0 / 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 34.0494. 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 8.02 and a resistance level at 9.41. Check the full technical report for our detailed analysis of WU support and resistance levels.