We assign a technical rating of 4 out of 10 to WSC. Recently some decent action could be observed, but in the medium term time frame this is still negative. WSC was also a bad performer in the overall market in the last year.
- 88% of all other stocks performed better in the past year than WSC.
- 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 is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
- WSC 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.
- Considerably lower volume is observed in the last couple of days, which is a good thing during a pullback.
- WSC has an average volume of 2976990 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- The short term trend is positive, while the long term trend is still negative. So this is evolving in the right direction, but it may need some more time to really turn around the trend.
Although the technical rating is only medium, WSC does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. 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 22.20. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 20.89, a Stop Loss order could be placed below this zone.
More info and screens
18.25
We found 2 important support areas.
- A support zone ranging from 20.84 to 20.89. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @18.43 from a horizontal line in the daily time frame.
2 important resistance areas can be observed.
- A resistance zone ranging from 22.20 to 22.59. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @24.44 from a trend line in the weekly 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 | DOWN | NEGATIVE | The long term trend for WSC is down. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for WSC is up. |
| ChartMill Relative Strength | 12.24 | NEGATIVE | WSC has a low relative strength, it was outperformed by 87.76% 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) | 52.18 | NEUTRAL | The RSI value for WSC is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests WSC has a negative trend. |
| Stochastics (14,3) | 64.67 | NEUTRAL | The Stochastics value for WSC is a neutral value. |
| Average True Range in percent/ATR (20) | 3.59 | MEDIUM VOLATILITY | The ATR as a percentage value for WSC suggests some volalility. |
| Average Directional Index/ADX (14) | 18.49 | NEGATIVE | The low ADX value for WSC suggests a weak or negative trend. |
21.12
-0.37 (-1.72%)
WILLSCOT HOLDINGS CORP / WSC FAQ
What is the ChartMill technical rating of WILLSCOT HOLDINGS CORP (WSC) stock?
ChartMill assigns a technical rating of 4 / 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 52.1814. 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 -0.00827316, 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 20.89 and a resistance level at 22.2. Check the full technical report for our detailed analysis of WSC support and resistance levels.