WESTERN MIDSTREAM PARTNERS L (WES) Stock Technical Analysis
NYSE:WES - New York Stock Exchange, Inc. - US9586691035 - Currency: USD
Taking everything into account, WES scores 6 out of 10 in our technical rating. This is due to a consistent overall performance, although we see some doubts in the very recent evolution. In the medium time frame things are still looking good.
In the last month WES has a been trading in the 39.50 - 43.11 range, which is quite wide. It is currently trading near the lows of this range.
The short term is neutral, but the long term trend is still positive. Not much to worry about for now.
Looking at the yearly performance, WES did better than 77% of all other stocks. We also observe that the gains produced by WES over the past year are nicely spread over this period.
WES is part of the Oil, Gas & Consumable Fuels industry. There are 210 other stocks in this industry. WES outperforms 77% of them.
WES has an average volume of 1259870 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
WES is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so WES is lagging the market slightly.
WES has only a medium technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. There is a support zone below the current price at 39.58, a Stop Loss order could be placed below this zone.
More info and screens
35.33
43.33
We found 2 important support areas.
- A support zone ranging from 38.58 to 39.58. This zone is formed by a combination of multiple trend lines 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.
2 important resistance areas can be observed.
- A resistance zone ranging from 40.24 to 40.79. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 42.06 to 42.90. 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
CRS77.33
Mansfield-0.08
10 Day High41.78
10 Day Low39.5
20 Day High43.11
20 Day Low39.5
52 Week High43.33
52 Week Low33.39
Performance
1 Week-4.04%
2 Weeks0.2%
1 Month-4.43%
3 Month-1.87%
6 Month3.55%
12 Month16.37%
2 Year53.59%
3 Year53.42%
5 Year205.9%
10 Year-42.58%
15 Year86.86%
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)-0.13
RSI(14)44.29
LBB39.48
UBB41.76
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 |
|---|---|---|---|
| 40.80 | 39.49 | 1.31 (3.21%) | 25.00% |
| An entry @40.80. This is a Buy Stop order right above the resistance zone. | An exit @39.49. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 1.31 points, which is 3.21%. | For a 0.80% 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 WES. 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.
39.95
-0.49 (-1.21%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorEnergy
GICS IndustryOil, Gas & Consumable Fuels
Performance
% Chg-1.21%
1 Week-4.04%
2 Weeks0.2%
1 Month-4.43%
3 Month-1.87%
6 Month3.55%
12 Month16.37%
2 Year53.59%
3 Year53.42%
5 Year205.9%
10 Year-42.58%
15 Year86.86%
Volatility
ATR(14)0.91
ATR(20)%2.67%
ATR Inc34.72%
Range Today1.58
ADR(20)1.03
ADR(20)%2.58%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS77.33
Mansfield-0.08
10 Day High41.78
10 Day Low39.5
20 Day High43.11
20 Day Low39.5
52 Week High43.33
52 Week Low33.39
CS1 End39.58
CR1 Start40.24
Volume & EV
DER(3)-0.53%
DER(5)-0.01%
Volume2.13M
Volume Incr-11.06%
Vol(5)1.28M
Vol(50)1.26M