WOODWARD INC (WWD)

US9807451037 - Common Stock

174.8  +2.26 (+1.31%)

Technical Rating and Analysis

8

We assign a technical rating of 8 out of 10 to WWD. Although WWD is only a medium performer in the overall market, the technical picture looks good in both the medium and short term time frames.

The long and short term trends are both positive. This is looking good!
WWD is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so WWD is lagging the market slightly.
Looking at the yearly performance, WWD did better than 72% of all other stocks. However, this overall performance is mostly based on the strong move around 7 months ago.
WWD is an average performer in the Aerospace & Defense industry, it outperforms 54% of 65 stocks in the same industry.
In the last month WWD has a been trading in the 160.98 - 180.13 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Weekly and Daily overview Charts
WWD Weekly chart
WWD Daily chart
Setup Rating and Analysis

7

WWD has an excellent technical rating and also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. A pullback is taking place, which may present a nice opportunity for an entry. We notice that large players showed an interest for WWD in the last couple of days, which is a good sign. Very recently a Pocket Pivot signal was observed. This is another positive sign.

  • Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
  • 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.
Support and Resistance Analysis

150.20

189.11

When analyzing the support we can see 5 important areas.

  • A support zone ranging from 172.84 to 173.39. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
  • A support zone ranging from 167.60 to 169.87. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • A support zone ranging from 162.58 to 163.86. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • A support zone ranging from 158.19 to 159.37. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • A support zone ranging from 151.72 to 152.35. This zone is formed by a combination of multiple trend lines in multiple time frames.

2 important resistance areas can be observed.

  • Resistance @177.49 from a trend line in the daily time frame.
  • A resistance zone ranging from 186.51 to 187.24. This zone is formed by a combination of multiple trend lines in multiple time frames.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS72.96
Mansfield-0.29
10 Day High180.14
10 Day Low168.08
20 Day High180.14
20 Day Low160.98
52 Week High188.35
52 Week Low129.47
Performance
1 Week-0.2%
2 Weeks-2.5%
1 Month6.82%
3 Month6.17%
6 Month-6.51%
12 Month29.74%
2 Year80.1%
3 Year63.08%
5 Year47.74%
10 Year233.86%
15 YearN/A
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)
Technical Indicators
MACD(12,26,9)-0.11
RSI(14)56.18
LBB164.53
UBB180.31
Example Setup

Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.

ENTRYEXITDISTANCECAPITAL
173.40168.075.33 (3.07%)25.00%
An entry @173.40. This is a Buy Stop order right above the resistance zone.An exit @168.07. This is a Stop Loss order right below the 10 day low.The worst case loss on the trade is limited to 5.33 points, which is 3.07%.For a 0.77% total portfolio risk, you can invest 25.00% of your capital in this trade.

  • The distance between exit and entry is rather small compared to the average daily movement of WWD. Please evaluate whether better entry and exit points can be found.
  • The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
  • This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
WWD Daily chart

WOODWARD INC

NASDAQ:WWD (11/22/2024, 3:11:56 PM)

174.8

+2.26 (+1.31%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryAerospace & Defense
Performance
% Chg1.31%
1 Week-0.2%
2 Weeks-2.5%
1 Month6.82%
3 Month6.17%
6 Month-6.51%
12 Month29.74%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)3.92
ATR(20)%2.14%
ATR Inc
Range Today2.72
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High180.14
10 Day Low168.08
20 Day High180.14
20 Day Low160.98
52 Week High188.35
52 Week Low129.47
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume531.66K
Volume Incr24.31%
Vol(5)505.42K
Vol(50)401.42K