WILLSCOT HOLDINGS CORP (WSC) Stock Technical Analysis
NASDAQ:WSC - Nasdaq - US9713781048 - Common Stock - Currency: USD
Overall WSC gets a technical rating of 4 out of 10. In the past year, WSC was a below average performing stock in the market. The medium term picture is also negative, but we see some improvement happening in recent action.
82% 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. 66% of 52 stocks in the same industry do better.
In the last month WSC has a been trading in the 25.88 - 29.25 range, which is quite wide. It is currently trading near the high of this range.
WSC has an average volume of 1811870 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
The long term trend is still negative, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
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.
WSC has only a medium technical rating, but it does show a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is very little resistance above the current price. There is a support zone below the current price at 28.20, a Stop Loss order could be placed below this zone. Very recently a Pocket Pivot signal was observed. This is another positive sign.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
25.68
40.20
When analyzing the support we can see 2 important areas.
- A support zone ranging from 27.02 to 28.20. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 25.94 to 26.21. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 6 important areas.
- Resistance @28.57 from a trend line in the daily time frame.
- A resistance zone ranging from 29.94 to 30.75. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @32.81 from a trend line in the weekly time frame.
- A resistance zone ranging from 36.63 to 36.95. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @38.72 from a horizontal line in the daily time frame.
- Resistance @39.80 from a horizontal 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 | 18.92 | NEGATIVE | WSC has a low relative strength, it was outperformed by 81.08% 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) | 55.63 | NEUTRAL | The RSI value for WSC is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.15 | POSITIVE | The MACD value suggests WSC has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 79.62 | NEUTRAL | The Stochastics value for WSC is a neutral value. |
| Average True Range in percent/ATR (20) | 3.31 | MEDIUM VOLATILITY | The ATR as a percentage value for WSC suggests some volalility. |
| Average Directional Index/ADX (14) | 10.66 | NEGATIVE | The low ADX value for WSC suggests a weak or negative trend. |
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)
28.54
+0.29 (+1.03%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryConstruction & Engineering
Performance
% Chg1.03%
1 Week4.16%
2 Weeks6.81%
1 Month1.13%
3 Month15.59%
6 Month-18.43%
12 Month-25.46%
2 Year-40.48%
3 Year-26.08%
5 Year89.51%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.98
ATR(20)%3.31%
ATR Inc-7.87%
Range Today0.78
ADR(20)0.93
ADR(20)%3.26%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS18.92
Mansfield-2.05
10 Day High29.25
10 Day Low26.85
20 Day High29.25
20 Day Low25.88
52 Week High43.8
52 Week Low21.91
CS1 End28.2
CR1 Start28.57
Volume & EV
DER(3)-1.65%
DER(5)-0.41%
Volume2.06M
Volume Incr-4.56%
Vol(5)1.73M
Vol(50)1.81M