Taking everything into account, WDFC scores 2 out of 10 in our technical rating. Recently some decent action could be observed, but in the medium term time frame this is still negative. WDFC was also a bad performer in the overall market in the last year.
The technical rating of WDFC is bad and it also does not present a quality setup at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
185.63
3 important support areas can be observed.
- A support zone ranging from 194.87 to 195.67. 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 190.72 to 191.56. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @187.51 from a horizontal line in the daily time frame.
We found 1 important resistance area.
- A resistance zone ranging from 204.03 to 204.03. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 | DOWN | NEGATIVE | The long term trend for WDFC is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for WDFC is neutral. |
| ChartMill Relative Strength | 19.22 | NEGATIVE | WDFC has a low relative strength, it was outperformed by 80.78% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of WDFC is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of WDFC is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of WDFC is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 61.28 | NEUTRAL | The RSI value for WDFC is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.84 | POSITIVE | The MACD value suggests WDFC has a positive trend. |
| Stochastics (14,3) | 73.39 | NEUTRAL | The Stochastics value for WDFC is a neutral value. |
| Average True Range in percent/ATR (20) | 2.45 | MEDIUM VOLATILITY | The ATR as a percentage value for WDFC suggests some volalility. |
| Average Directional Index/ADX (14) | 14.78 | NEGATIVE | The low ADX value for WDFC suggests a weak or negative trend. |
204.025
+2.9 (+1.44%)
WD-40 CO / WDFC FAQ
What is the technical rating for WDFC stock?
ChartMill assigns a technical rating of 2 / 10 to WDFC.
Can you provide the trend direction for WD-40 CO?
The current trend direction for WD-40 CO (WDFC) is Bearish.
What is the RSI signal for WD-40 CO (WDFC) stock?
WD-40 CO (WDFC) has an RSI value of 61.2783. This indicates that the stock is currently neutral.
Can you provide the short term momentum for WD-40 CO?
The short term momentum for WD-40 CO (WDFC) is neutral.
What are the support and resistance levels for WD-40 CO (WDFC) stock?
WD-40 CO (WDFC) has a support level at 195.67 and a resistance level at 204.03. Check the full technical report for our detailed analysis of WDFC support and resistance levels.