WASTE CONNECTIONS INC (WCN) Stock Technical Analysis
NYSE:WCN - New York Stock Exchange, Inc. - CA94106B1013 - Common Stock - Currency: USD
Overall WCN gets a technical rating of 7 out of 10. This is due to a decent performance in both the short and medium term time frames. Compared to the overall market, WCN is only an average performer.
Both the short term and long term trends are positive. This is a very positive sign.
WCN 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 WCN is lagging the market slightly.
WCN 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.
WCN has an average volume of 1053550 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
When comparing the performance of all stocks over the past year, WCN turns out to be only a medium performer in the overall market: it outperformed 61% of all stocks.
WCN is an average performer in the Commercial Services & Supplies industry, it outperforms 68% of 84 stocks in the same industry.
Besides having an excellent technical rating, WCN also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. A pullback is taking place, which may present a nice opportunity for an entry. We notice that large players showed an interest for WCN in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
168.18
195.19
When analyzing the support we can see 2 important areas.
- A support zone ranging from 173.94 to 175.77. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 169.88 to 170.92. This zone is formed by a combination of multiple trend lines in multiple time frames.
2 important resistance areas can be observed.
- A resistance zone ranging from 188.32 to 188.83. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A resistance zone ranging from 192.48 to 193.26. 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
CRS61.15
Mansfield-0.14
10 Day High191.57
10 Day Low181.14
20 Day High191.57
20 Day Low177.69
52 Week High194.83
52 Week Low160.34
Performance
1 Week-0.78%
2 Weeks-0.99%
1 Month4.45%
3 Month-1.31%
6 Month0.51%
12 Month10.13%
2 Year39.92%
3 Year51.74%
5 Year94.2%
10 Year188.12%
15 Year503.79%
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)-0.35
RSI(14)57.66
LBB186.64
UBB190.66
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 |
|---|---|---|---|
| 188.84 | 181.13 | 7.71 (4.08%) | 24.49% |
| An entry @188.84. This is a Buy Stop order right above the resistance zone. | An exit @181.13. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 7.71 points, which is 4.08%. | For a 1.00% total portfolio risk, you can invest 24.49% 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.
187.38
-0.47 (-0.25%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryCommercial Services & Supplies
Performance
% Chg-0.25%
1 Week-0.78%
2 Weeks-0.99%
1 Month4.45%
3 Month-1.31%
6 Month0.51%
12 Month10.13%
2 Year39.92%
3 Year51.74%
5 Year94.2%
10 Year188.12%
15 Year503.79%
Volatility
ATR(14)3.01
ATR(20)%1.73%
ATR Inc-37.75%
Range Today1.75
ADR(20)3.14
ADR(20)%1.67%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS61.15
Mansfield-0.14
10 Day High191.57
10 Day Low181.14
20 Day High191.57
20 Day Low177.69
52 Week High194.83
52 Week Low160.34
CS1 End175.77
CR1 Start188.32
Volume & EV
DER(3)2.26%
DER(5)3.11%
Volume866.40K
Volume Incr0.43%
Vol(5)999.54K
Vol(50)1.05M