WOODWARD INC (WWD) Technical Analysis
NASDAQ:WWD • US9807451037
Current stock price
WWD Technical Rating and Analysis
Taking everything into account, WWD scores 9 out of 10 in our technical rating. This is due to a consistent overall performance, although we see some doubts in the very recent evolution. In the medium time frame things are still looking good.
- The short term is neutral, but the long term trend is still positive. Not much to worry about for now.
- Looking at the yearly performance, WWD did better than 93% of all other stocks. We also observe that the gains produced by WWD over the past year are nicely spread over this period.
- WWD is part of the Aerospace & Defense industry. There are 79 other stocks in this industry. WWD outperforms 71% of them.
- WWD is currently trading in the upper part of its 52 week range. The S&P500 Index is also trading in the upper part of its 52 week range, so WWD is performing more or less in line with the market.
- In the last month WWD has a been trading in the 350.90 - 403.00 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
WWD Weekly and Daily overview Charts
WWD Setup Rating and Analysis
Besides having an excellent technical rating, WWD also presents a decent setup pattern. Prices have been consolidating lately. There is a support zone below the current price at 355.07, a Stop Loss order could be placed below this zone. Another positive sign is the recent Pocket Pivot signal.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
WWD Support and Resistance Analysis
255.85
When analyzing the support we can see 3 important areas.
- A support zone ranging from 351.75 to 355.07. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @285.53 from a trend line in the daily time frame.
- Support @258.43 from a horizontal line in the daily time frame.
We found 1 important resistance area.
- Resistance @402.57 from a horizontal line in the daily time frame.
WWD 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 | 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 | 93.91 | POSITIVE | WWD has a high relative strength, it outperformed 93.91% 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 | POSITIVE | The current price of WWD is above 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) | 48.92 | NEUTRAL | The RSI value for WWD is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -3 | NEGATIVE | The MACD value suggests WWD has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 23.54 | NEUTRAL | The Stochastics value for WWD is a neutral value. |
| Average True Range in percent/ATR (20) | 4.19 | MEDIUM VOLATILITY | The ATR as a percentage value for WWD suggests some volalility. |
| Average Directional Index/ADX (14) | 21.29 | NEUTRAL | The ADX value for WWD suggests a possible start of a new trend. |
WWD Chart- and CandleStick Pattern Analysis
WWD Example Setup
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 |
|---|---|---|---|
| 402.58 | 351.74 | 50.84 (12.63%) | 7.92% |
| An entry @402.58. This is a Buy Stop order right above the resistance zone. | An exit @351.74. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 50.84 points, which is 12.63%. | For a 1.00% total portfolio risk, you can invest 7.92% of your capital in this trade. |
- 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.
WWD Technicals: Chart, Performance Metrics, Trend & Indicators
372.08
+3.09 (+0.84%)
WOODWARD INC / WWD TA FAQ
What is the technical rating for WWD stock?
ChartMill assigns a technical rating of 9 / 10 to WWD.
What is the trend direction for WWD stock?
The current trend direction for WOODWARD INC (WWD) is Bullish.
What is the RSI signal for WWD stock?
WOODWARD INC (WWD) has an RSI value of 48.9233. This indicates that the stock is currently neutral.
What is the MACD signal for WWD stock?
The MACD indicator for WOODWARD INC (WWD) has a value of -2.99732, indicating a bearish trend.
Can you provide the support and resistance levels for WOODWARD INC?
WOODWARD INC (WWD) has a support level at 355.07 and a resistance level at 402.57. Check the full technical report for our detailed analysis of WWD support and resistance levels.