WILLSCOT HOLDINGS CORP (WSC) Technical Analysis
NASDAQ:WSC • US9713781048
We assign a technical rating of 0 out of 10 to WSC. WSC scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
- The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
- 86% of all other stocks performed better in the past year than WSC.
- WSC is one of the lesser performing stocks in the Construction & Engineering industry. 65% of 56 stocks in the same industry do better.
- WSC is currently trading in the lower part of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so WSC is lagging the market.
- In the last month WSC has a been trading in the 18.52 - 24.55 range, which is quite wide. It is currently trading near the lows of this range.
- Prices have been falling strongly lately, it is better to avoid new long positions here.
- WSC has an average volume of 1930810 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
WSC has a poor technical rating and the quality of the setup is also 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
18.63
We found 1 important support area.
- Support @18.82 from a horizontal line in the daily time frame.
2 important resistance areas can be observed.
- Resistance @22.50 from a trend line in the weekly time frame.
- Resistance @23.08 from a trend line 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 | DOWN | NEGATIVE | The long term trend for WSC is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for WSC is down. |
| ChartMill Relative Strength | 14.96 | NEGATIVE | WSC has a low relative strength, it was outperformed by 85.04% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of WSC is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of WSC is below a declining 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) | 36.1 | NEUTRAL | The RSI value for WSC is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.36 | NEGATIVE | The MACD value suggests WSC has a negative trend. |
| Stochastics (14,3) | 11.39 | OVERSOLD | The low Stochastics value suggests WSC may be oversold. |
| Average True Range in percent/ATR (20) | 6.43 | HIGH VOLATILITY | The high ATR as a percentage value for WSC suggests high volalility. |
| Average Directional Index/ADX (14) | 20.6 | NEUTRAL | The ADX value for WSC suggests a possible start of a new trend. |
WSC Technicals: Chart, Performance Metrics, Trend & Indicators
18.83
-0.49 (-2.54%)
WILLSCOT HOLDINGS CORP / WSC FAQ
What is the ChartMill technical rating of WILLSCOT HOLDINGS CORP (WSC) stock?
ChartMill assigns a technical rating of 0 / 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 36.1039. 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 -0.363156, 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 18.82 and a resistance level at 22.5. Check the full technical report for our detailed analysis of WSC support and resistance levels.