WEBSTER FINANCIAL CORP (WBS)
US9478901096 - Common Stock
Overall WBS gets a technical rating of 7 out of 10. In the last year, WBS was one of the better performers, but we do observe some doubts in the very recent evolution.
The short term is neutral, but the long term trend is still positive. Not much to worry about for now.
WBS is one of the better performing stocks in the Banks industry, it outperforms 72% of 406 stocks in the same industry.
WBS 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 WBS is lagging the market slightly.
WBS is currently showing a bull flag pattern! A bull flag pattern occurs when prices pull back slightly after a strong rise up. This may be a nice opportunity for an entry.
WBS has an average volume of 1246370 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Looking at the yearly performance, WBS did better than 82% of all other stocks. However, this relatively good performance is mostly due to a recent big move.
Besides having an excellent technical rating, WBS also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. A pullback is taking place, which may present a nice opportunity for an entry. There is very little resistance above the current price. There is a support zone below the current price at 58.95, 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
42.41
59.55
4 important support areas can be observed.
- A support zone ranging from 58.91 to 58.95. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @57.43 from a trend line in the daily time frame.
- A support zone ranging from 47.96 to 48.13. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 42.84 to 42.87. This zone is formed by a combination of multiple trend lines in multiple time frames.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS82.07
Mansfield0.79
10 Day High62.26
10 Day Low58.3
20 Day High63.99
20 Day Low58.3
52 Week High63.99
52 Week Low39.34
Performance
1 Week-1.75%
2 Weeks-4.56%
1 Month-1.24%
3 Month31.93%
6 Month48.74%
12 Month15.45%
2 Year24.55%
3 Year5.59%
5 Year10.49%
10 Year81.25%
15 Year396.71%
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)-0.63
RSI(14)51.67
LBB57.92
UBB62.93
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 |
|---|---|---|---|
| 59.74 | 58.90 | 0.84 (1.40%) | 25.00% |
| An entry @59.74. This is a Buy Stop order right above the 10 day moving average. | An exit @58.90. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 0.84 points, which is 1.40%. | For a 0.35% total portfolio risk, you can invest 25.00% of your capital in this trade. |
- The distance between exit and entry is rather small compared to the average daily movement of WBS. Please evaluate whether better entry and exit points can be found.
- 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.
WEBSTER FINANCIAL CORP
NYSE:WBS (12/13/2024, 8:04:00 PM)
Premarket: 59.6 +0.64 (+1.09%)58.96
-0.11 (-0.19%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryBanks
Performance
% Chg-0.19%
1 Week-1.75%
2 Weeks-4.56%
1 Month-1.24%
3 Month31.93%
6 Month48.74%
12 Month15.45%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)1.38
ATR(20)%2.28%
ATR Inc
Range Today1.05
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 High62.26
10 Day Low58.3
20 Day High63.99
20 Day Low58.3
52 Week High63.99
52 Week Low39.34
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume694.30K
Volume Incr-16.68%
Vol(5)886.24K
Vol(50)1.25M