WESBANCO INC (WSBC) Stock Technical Analysis
NASDAQ:WSBC - Nasdaq - US9508101014 - Common Stock - Currency: USD
Taking everything into account, WSBC scores 8 out of 10 in our technical rating. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, WSBC is showing a nice and steady performance.
The long and short term trends are both positive. This is looking good!
When comparing the yearly performance of all stocks, we notice that WSBC is one of the better performing stocks in the market, outperforming 76% of all stocks.
WSBC 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 WSBC is lagging the market slightly.
WSBC 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.
WSBC is part of the Banks industry. There are 405 other stocks in this industry, WSBC did better than 58% of them.
WSBC has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately. A pullback is taking place, which may present a nice opportunity for an entry. There is a resistance zone just above the current price starting at 36.33. Right above this resistance zone may be a good entry point.
More info and screens
28.79
37.46
We found 3 important support areas.
- A support zone ranging from 30.97 to 31.21. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 30.29 to 30.35. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @29.08 from a trend line in the weekly time frame.
We can see 2 important resistance areas.
- A resistance zone ranging from 36.33 to 36.46. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @37.09 from a horizontal line in the daily time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS76.02
Mansfield0.68
10 Day High37.18
10 Day Low34.8
20 Day High37.18
20 Day Low33.27
52 Week High37.36
52 Week Low25.56
Performance
1 Week-3.17%
2 Weeks-0.73%
1 Month5.92%
3 Month-2.85%
6 Month9.09%
12 Month22.36%
2 Year-2.05%
3 Year-3.09%
5 Year15.68%
10 Year8.16%
15 Year133.73%
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)-0.05
RSI(14)52.27
LBB34.49
UBB37.47
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 |
|---|---|---|---|
| 36.47 | 34.79 | 1.68 (4.61%) | 21.71% |
| An entry @36.47. This is a Buy Stop order right above the resistance zone. | An exit @34.79. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 1.68 points, which is 4.61%. | When investing 21.71% of your capital in this trade, your total portfolio risk will be 1.00%. |
- 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.
35.41
-0.88 (-2.42%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryBanks
Performance
% Chg-2.42%
1 Week-3.17%
2 Weeks-0.73%
1 Month5.92%
3 Month-2.85%
6 Month9.09%
12 Month22.36%
2 Year-2.05%
3 Year-3.09%
5 Year15.68%
10 Year8.16%
15 Year133.73%
Volatility
ATR(14)0.89
ATR(20)%2.65%
ATR Inc11.5%
Range Today1.19
ADR(20)0.91
ADR(20)%2.56%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS76.02
Mansfield0.68
10 Day High37.18
10 Day Low34.8
20 Day High37.18
20 Day Low33.27
52 Week High37.36
52 Week Low25.56
CS1 End31.21
CR1 Start36.33
Volume & EV
DER(3)-4.29%
DER(5)-2.66%
Volume422.60K
Volume Incr-34.42%
Vol(5)353.72K
Vol(50)474.36K