WOODWARD INC (WWD) Stock Technical Analysis
NASDAQ:WWD - US9807451037 - Common Stock
248.04 USD
+0.2 (+0.08%)
248.04 USD
0 (0%)
We assign a technical rating of 8 out of 10 to WWD. In the last year, WWD was one of the better performers, but we do observe some doubts in the very recent evolution.
The long term trend is positive and the short term trend is neutral. The long term trend gets the benefit of the doubt for now.
When comparing the yearly performance of all stocks, we notice that WWD is one of the better performing stocks in the market, outperforming 88% of all stocks. We also observe that the gains produced by WWD over the past year are nicely spread over this period.
WWD is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so WWD is lagging the market slightly.
WWD is an average performer in the Aerospace & Defense industry, it outperforms 64% of 68 stocks in the same industry.
In the last month WWD has a been trading in the 240.65 - 267.44 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Besides having an excellent technical rating, WWD also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is very little resistance above the current price. There is a support zone below the current price at 247.76, a Stop Loss order could be placed below this zone.
More info and screens
159.71
250.52
3 important support areas can be observed.
- A support zone ranging from 244.92 to 247.76. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @167.38 from a trend line in the weekly time frame.
- A support zone ranging from 161.32 to 161.51. This zone is formed by a combination of multiple trend lines 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 | UP | POSITIVE | The long term trend for WWD is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for WWD is neutral. |
| ChartMill Relative Strength | 88.37 | POSITIVE | WWD has a high relative strength, it outperformed 88.37% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of WWD is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of WWD is below the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of WWD is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 47.84 | NEUTRAL | The RSI value for WWD is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.96 | NEGATIVE | The MACD value suggests WWD has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 31.51 | NEUTRAL | The Stochastics value for WWD is a neutral value. |
| Average True Range in percent/ATR (20) | 2.64 | MEDIUM VOLATILITY | The ATR as a percentage value for WWD suggests some volalility. |
| Average Directional Index/ADX (14) | 25.75 | POSITIVE | The high ADX value value for WWD 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)
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 255.25 | 244.91 | 10.34 (4.05%) | 24.69% |
| An entry @255.25. This is a Buy Stop order right above the 10 day high. | An exit @244.91. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 10.34 points, which is 4.05%. | When investing 24.69% of your capital in this trade, your total portfolio risk will be 1.00%. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
248.04
+0.2 (+0.08%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryAerospace & Defense
Performance
% Chg0.08%
1 Week1.11%
2 Weeks-0.17%
1 Month-3.58%
3 Month17.77%
6 Month34.27%
12 Month52.62%
2 Year91.73%
3 Year166.51%
5 Year189.46%
10 Year443.95%
15 YearN/A
Volatility
ATR(14)5.68
ATR(20)%2.64%
ATR Inc-41.53%
Range Today4.22
ADR(20)6.5
ADR(20)%2.62%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS88.37
Mansfield1.66
10 Day High255.24
10 Day Low240.65
20 Day High267.45
20 Day Low240.65
52 Week High267.45
52 Week Low146.82
CS1 End247.76
CR1 StartN/A
Volume & EV
DER(3)-1.81%
DER(5)0.19%
Volume382.00K
Volume Incr-24.56%
Vol(5)433.36K
Vol(50)556.70K