WESTROCK CO (WRK)

US96145D1054 - Common Stock

51.51  +1.76 (+3.54%)

After market: 52 +0.49 (+0.95%)

Technical Rating and Analysis

8

Taking everything into account, WRK scores 8 out of 10 in our technical rating. In the last year, WRK was one of the better performers, but we do observe some doubts in the very recent evolution.

The long term trend is positive and the short term trend is neutral. The long term trend gets the benefit of the doubt for now.
Looking at the yearly performance, WRK did better than 94% of all other stocks. On top of that, WRK also shows a nice and consistent pattern of rising prices.
WRK is part of the Containers & Packaging industry. There are 24 other stocks in this industry. WRK outperforms 100% of them.
WRK 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 WRK is lagging the market slightly.
WRK has an average volume of 3407490 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
In the last month WRK has a been trading in the 48.18 - 52.92 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Volume is considerably higher in the last couple of days.
Weekly and Daily overview Charts
WRK Weekly chart
WRK Daily chart
Setup Rating and Analysis

4

Although WRK has an excellent technical rating, the quality of the presented setup is not ideal 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.

Support and Resistance Analysis

44.50

55.30

When analyzing the support we can see 4 important areas.

  • A support zone ranging from 49.65 to 51.14. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • A support zone ranging from 48.22 to 48.78. This zone is formed by a combination of multiple trend lines in the daily time frame.
  • Support @46.80 from a trend line in the weekly time frame.
  • Support @44.95 from a trend line in the daily time frame.

We found 1 important resistance area.

  • A resistance zone ranging from 54.14 to 54.75. This zone is formed by a combination of multiple trend lines in multiple time frames.
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
CRS94.14
Mansfield0.69
10 Day High52.16
10 Day Low48.18
20 Day High52.92
20 Day Low48.18
52 Week High54.83
52 Week Low28.31
Performance
1 Week3.56%
2 Weeks-1.3%
1 Month-3.9%
3 Month5.34%
6 Month22.91%
12 Month77.62%
2 Year21.6%
3 Year4.67%
5 Year42.88%
10 YearN/A
15 YearN/A
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
RSI(14)53.88
LBB48.48
UBB51.93
WRK Daily chart

WESTROCK CO

NYSE:WRK (7/5/2024, 8:25:24 PM)

After market: 52 +0.49 (+0.95%)

51.51

+1.76 (+3.54%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryContainers & Packaging
Performance
% Chg3.54%
1 Week3.56%
2 Weeks-1.3%
1 Month-3.9%
3 Month5.34%
6 Month22.91%
12 Month77.62%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)1.42
ATR(20)%2.68%
ATR Inc
Range Today1.67
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 High52.16
10 Day Low48.18
20 Day High52.92
20 Day Low48.18
52 Week High54.83
52 Week Low28.31
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume11.86M
Volume Incr274.11%
Vol(5)10.71M
Vol(50)3.41M