WILLSCOT HOLDINGS CORP (WSC) Stock Technical Analysis
NASDAQ:WSC • US9713781048
We assign a technical rating of 5 out of 10 to WSC. WSC has been a bad performer in the overall market. Some doubts are observed in the medium term time frame, but recent action was again very positive.
- When comparing the yearly performance of all stocks, WSC is a bad performer in the overall market: 79% of all stocks are doing better.
- WSC is part of the Construction & Engineering industry. There are 55 other stocks in this industry, of which 68% are performing better than WSC.
- WSC has an average volume of 1971130 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- The long and short term trends are both neutral. This gives a pretty neutral overall picture!
- WSC is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so WSC is lagging the market.
- In the last month WSC has a been trading in the 19.48 - 24.55 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.
WSC has an average technical rating and also the quality of the setup is only medium 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
19.67
When analyzing the support we can see 3 important areas.
- A support zone ranging from 21.40 to 21.75. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 20.83 to 20.98. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Support @19.87 from a horizontal line in the daily time frame.
We can see 2 important resistance areas.
- A resistance zone ranging from 22.78 to 22.81. This zone is formed by a combination of multiple trend lines in the weekly time frame.
- A resistance zone ranging from 23.51 to 23.73. This zone is formed by a combination of multiple trend lines in the daily time frame.
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 | NEUTRAL | NEUTRAL | The long term trend for WSC is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for WSC is neutral. |
| ChartMill Relative Strength | 21.94 | NEGATIVE | WSC has a low relative strength, it was outperformed by 78.06% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of WSC is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of WSC is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of WSC is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 50.88 | NEUTRAL | The RSI value for WSC is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.05 | NEGATIVE | The MACD value suggests WSC has a negative trend. |
| Stochastics (14,3) | 25.93 | NEUTRAL | The Stochastics value for WSC is a neutral value. |
| Average True Range in percent/ATR (20) | 5.34 | HIGH VOLATILITY | The high ATR as a percentage value for WSC suggests high volalility. |
| Average Directional Index/ADX (14) | 26.36 | POSITIVE | The high ADX value value for WSC suggests a strong trend. |
21.77
+0.16 (+0.74%)
WILLSCOT HOLDINGS CORP / WSC FAQ
What is the ChartMill technical rating of WILLSCOT HOLDINGS CORP (WSC) stock?
ChartMill assigns a technical rating of 5 / 10 to WSC.
What is the current trend direction of WILLSCOT HOLDINGS CORP (WSC) stock?
The current trend direction for WILLSCOT HOLDINGS CORP (WSC) is Bearish.
What is the RSI signal for WILLSCOT HOLDINGS CORP (WSC) stock?
WILLSCOT HOLDINGS CORP (WSC) has an RSI value of 50.8844. This indicates that the stock is currently neutral.
What is the MACD signal for WSC stock?
The MACD indicator for WILLSCOT HOLDINGS CORP (WSC) has a value of -0.0541417, indicating a bearish trend.
What are the support and resistance levels for WILLSCOT HOLDINGS CORP (WSC) stock?
WILLSCOT HOLDINGS CORP (WSC) has a support level at 21.75 and a resistance level at 22.78. Check the full technical report for our detailed analysis of WSC support and resistance levels.