WILLSCOT HOLDINGS CORP (WSC) Technical Analysis
NASDAQ:WSC • US9713781048
Taking everything into account, WSC scores 0 out of 10 in our technical rating. WSC's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
- When comparing the yearly performance of all stocks, WSC is a bad performer in the overall market: 84% of all stocks are doing better.
- WSC is part of the Construction & Engineering industry. There are 55 other stocks in this industry, of which 66% are performing better than WSC.
- 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 18.80 - 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 1875050 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- The long term trend is neutral, but the short term trend is negative. Better to stay away from this!
The technical rating of WSC is bad and it also does not present a quality setup 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
19.07
3 important resistance areas can be observed.
- A resistance zone ranging from 21.04 to 21.72. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @22.78 from a trend line in the weekly time frame.
- Resistance @23.30 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 | NEUTRAL | NEUTRAL | The long term trend for WSC is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for WSC is down. |
| ChartMill Relative Strength | 16.45 | NEGATIVE | WSC has a low relative strength, it was outperformed by 83.55% 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) | 36.95 | NEUTRAL | The RSI value for WSC is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.33 | NEGATIVE | The MACD value suggests WSC has a negative trend. |
| Stochastics (14,3) | 11.71 | OVERSOLD | The low Stochastics value suggests WSC may be oversold. |
| Average True Range in percent/ATR (20) | 6.29 | HIGH VOLATILITY | The high ATR as a percentage value for WSC suggests high volalility. |
| Average Directional Index/ADX (14) | 23.43 | NEUTRAL | The ADX value for WSC suggests a possible start of a new trend. |
WSC Technicals: Chart, Performance Metrics, Trend & Indicators
19.26
-0.81 (-4.04%)
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 36.9531. 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 -0.333271, indicating a bearish trend.
What are the support and resistance levels for WILLSCOT HOLDINGS CORP (WSC) stock?
WILLSCOT HOLDINGS CORP (WSC) has a resistance level at 21.04. Check the full technical report for our detailed analysis of WSC support and resistance levels.