WESTERN MIDSTREAM PARTNERS L (WES)

US9586691035

38.515  +0.59 (+1.54%)

Technical Rating and Analysis

2

We assign a technical rating of 2 out of 10 to WES. WES has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.

WES is one of the better performing stocks in the Oil, Gas & Consumable Fuels industry, it outperforms 71% of 204 stocks in the same industry.
WES 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 WES is lagging the market slightly.
In the last month WES has a been trading in the 35.40 - 39.13 range, which is quite wide. It is currently trading near the high of this range.
WES has an average volume of 1176150 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Both the short term and long term trends are neutral. So this is not the most entertaining stock around.
When compared to the yearly performance of all other stocks, WES outperforms 69% of them, which is more or less in line with the market.
Weekly and Daily overview Charts
WES Weekly chart
WES Daily chart
Setup Rating and Analysis

8

Although the technical rating is bad, WES does present a nice setup opportunity. 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 38.08. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 36.43, a Stop Loss order could be placed below this zone.

Support and Resistance Analysis

35.33

43.18

2 important support areas can be observed.

  • A support zone ranging from 38.08 to 38.35. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • A support zone ranging from 35.69 to 36.43. This zone is formed by a combination of multiple trend lines in multiple time frames.

3 important resistance areas can be observed.

  • A resistance zone ranging from 38.53 to 38.66. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • Resistance @39.58 from a horizontal line in the daily time frame.
  • Resistance @42.75 from a horizontal line in the daily time frame.
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
CRS69.94
Mansfield-0.46
10 Day High39.13
10 Day Low35.4
20 Day High39.13
20 Day Low35.4
52 Week High42.8
52 Week Low26.81
Performance
1 Week0.4%
2 Weeks1.69%
1 Month-1.81%
3 Month-1.02%
6 Month1.53%
12 Month33.32%
2 Year35.56%
3 Year97.24%
5 Year113.93%
10 Year-46.52%
15 Year95.11%
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)0.15
RSI(14)51.5
LBB35.64
UBB38.98
WES Daily chart

WESTERN MIDSTREAM PARTNERS L

NYSE:WES (11/22/2024, 11:30:55 AM)

38.515

+0.59 (+1.54%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorEnergy
GICS IndustryOil, Gas & Consumable Fuels
Performance
% Chg1.54%
1 Week0.4%
2 Weeks1.69%
1 Month-1.81%
3 Month-1.02%
6 Month1.53%
12 Month33.32%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)1.08
ATR(20)%2.59%
ATR Inc
Range Today0.71
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 High39.13
10 Day Low35.4
20 Day High39.13
20 Day Low35.4
52 Week High42.8
52 Week Low26.81
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume341.72K
Volume Incr2.37%
Vol(5)1.53M
Vol(50)1.18M