WABTEC CORP (WAB)

US9297401088 - Common Stock

199.15  +1.12 (+0.57%)

After market: 199.15 0 (0%)

Technical Rating and Analysis

10

Overall WAB gets a technical rating of 10 out of 10. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, WAB is showing a nice and steady performance.

Both the short term and long term trends are positive. This is a very positive sign.
When comparing the yearly performance of all stocks, we notice that WAB is one of the better performing stocks in the market, outperforming 90% of all stocks. On top of that, WAB also shows a nice and consistent pattern of rising prices.
WAB is one of the better performing stocks in the Machinery industry, it outperforms 83% of 131 stocks in the same industry.
WAB is currently trading near its 52 week high, which is a good sign. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
In the last month WAB has a been trading in the 186.69 - 202.84 range, which is quite wide. It is currently trading near the high of this range.
Weekly and Daily overview Charts
WAB Weekly chart
WAB Daily chart
Setup Rating and Analysis

8

Besides having an excellent technical rating, WAB also presents a decent setup pattern. 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 200.70. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 197.44, a Stop Loss order could be placed below this zone.

Support and Resistance Analysis

110.42

203.19

We found 5 important support areas.

  • A support zone ranging from 195.04 to 197.44. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
  • A support zone ranging from 185.64 to 188.05. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • Support @174.00 from a trend line in the weekly time frame.
  • A support zone ranging from 160.54 to 160.71. This zone is formed by a combination of multiple trend lines in the daily time frame.
  • Support @111.54 from a trend line in the weekly time frame.

We found 1 important resistance area.

  • A resistance zone ranging from 200.70 to 201.18. This zone is formed by a combination of multiple trend lines in multiple time frames.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS90.21
Mansfield1.35
10 Day High202.84
10 Day Low192.89
20 Day High202.84
20 Day Low186.69
52 Week High202.84
52 Week Low114.45
Performance
1 Week2.04%
2 Weeks-0.77%
1 Month5.5%
3 Month19.74%
6 Month17.35%
12 Month70.13%
2 Year97%
3 Year124.34%
5 Year153.47%
10 Year125.05%
15 Year934.55%
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)
Technical Indicators
MACD(12,26,9)-0.44
RSI(14)63.57
LBB192.68
UBB202.59
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.

ENTRYEXITDISTANCECAPITAL
201.19195.036.16 (3.06%)25.00%
An entry @201.19. This is a Buy Stop order right above the resistance zone.An exit @195.03. This is a Stop Loss order right below the support zone.The worst case loss on the trade is limited to 6.16 points, which is 3.06%.For a 0.77% total portfolio risk, you can invest 25.00% 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.
WAB Daily chart

WABTEC CORP

NYSE:WAB (11/22/2024, 8:12:49 PM)

After market: 199.15 0 (0%)

199.15

+1.12 (+0.57%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryMachinery
Performance
% Chg0.57%
1 Week2.04%
2 Weeks-0.77%
1 Month5.5%
3 Month19.74%
6 Month17.35%
12 Month70.13%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)3.62
ATR(20)%1.67%
ATR Inc
Range Today1.33
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High202.84
10 Day Low192.89
20 Day High202.84
20 Day Low186.69
52 Week High202.84
52 Week Low114.45
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume519.00K
Volume Incr-31.38%
Vol(5)672.88K
Vol(50)952.85K