WBS Technical Signal Analysis
WBS have 4 buy signals and 5 sell signals now. The current trend is uptrend starting from 2025-03-10. The total price change during this trend is +2.04%. Recently, the price has decreased with an increase in volume, indicating a strong bearish signal. The average turnover of WBS over last 5 trading day is $94,843,521.15
4 Bullish Signal
5 Bearish Signal
Name
Signal
Value
Meaning
Relative Strength Index (14 days)
RSI_14 < 30
28.44
Bullish
Stochastic Oscillator %K (14, 3, 3)
STOCHk_14_3_3 < 20
15.76
Bullish
Commodity Channel Index (20 days, 0.015 constant)
CCI_20_0.015 < -100
-112.18
Bullish
Williams %R (14 days)
WILLR_14 < -80
-87.1
Bullish
Name
Signal
Value
Meaning
Awesome Oscillator (5, 34)
AO_5_34 < 0
-7.21
Bearish
Momentum (10 days)
MOM_10 < 0
-7.42
Bearish
Moving Average Convergence Divergence (12, 26, 9)
MACD_12_26_9 < 0
-2.49
Bearish
Moving Average
Price crosses below 250-day SMA
--
Bearish
Moving Average
5-day SMA crosses below 250-day SMA
--
Bearish
4 Bullish Signal
Name
Signal
Value
Meaning
Relative Strength Index (14 days)
RSI_14 < 30
28.44
Bullish
Stochastic Oscillator %K (14, 3, 3)
STOCHk_14_3_3 < 20
15.76
Bullish
Commodity Channel Index (20 days, 0.015 constant)
CCI_20_0.015 < -100
-112.18
Bullish
Williams %R (14 days)
WILLR_14 < -80
-87.1
Bullish
WBS Support and Resistance Level
The support levels for WBS are at 48.17, 45.9, and 42.23, while the resistance levels are at 55.51, 57.77, and 61.44. With the current stock price at 48.52, it is leaning more toward the support levels.
WBS Technical Analysis
Technical Analysis of WBS Stock
Key Technical Indicators:
- RSI (14): 25.74 (Oversold Territory)
- MACD: -1.68 (Bearish Signal)
- Stochastic Oscillator (%K/%D): 12.63 / 13.15 (Oversold Territory)
- Fibonacci Levels:
- R1: 56.38
- S1: 51.03
- Current Price: 50.50
Price Action and Trends:
The stock is currently trading below its Fibonacci support level (S1: 51.03), indicating bearish momentum. The price has broken below the support level, suggesting further downside potential.
Volume Analysis:
Volume has been decreasing over the past few sessions, suggesting a lack of strong selling pressure. However, the price continues to trend downward, indicating weak demand.
Oversold Conditions:
The RSI (25.74) and Stochastic Oscillator (%K: 12.63) are in oversold territory, which could indicate a potential reversal. However, the MACD remains bearish, and the price is below the Fibonacci support level, suggesting that the stock may not be ready for a recovery.
Fibonacci Levels:
The Fibonacci resistance level (R1: 56.38) and support level (S1: 51.03) are key levels to watch. The stock is currently trading below the support level, which is a bearish sign.
News Sentiment:
Recent news indicates that WBS has entered oversold territory, which could present a buying opportunity. However, insider activity suggests negative sentiment, with increased selling by insiders.
Analyst Ratings:
Analysts maintain a Strong Buy rating with an average price target of $71.40, suggesting long-term upside potential.
Conclusion:
Based on the technical analysis, WBS is in a bearish trend, and the current price of $50.50 suggests further downside potential. While the stock is oversold, the lack of bullish signals in the MACD and the breakdown below Fibonacci support levels indicate that it may not be the best time to buy.
Recommendation: Sell or avoid WBS at current levels. Wait for the stock to show signs of bullish reversal, such as a breakout above the Fibonacci resistance level (R1: 56.38) or a bullish crossover in the MACD, before considering a buy.
Disclaimer: This analysis does not constitute financial advice and should not be considered as a recommendation to buy or sell WBS stock. Always do your own research or consult with a financial advisor before making investment decisions.
WBS FAQs
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Is WBS a buy based on overall technical signals summary?
WBS Buy or Sell
WBS has 4 buy signals and 5 sell signals now. Overall the technical rating for WBS is Neutral.
Neutral
Sell
5
Buy
4
WBS Moving Average
This analysis outlines the stock's performance across different time frames using Simple Moving Averages (SMA). In the swing, the stock shows a negative trend with the 48.52 below the SMA_5. In the short term, the stock shows a negative trend with the 49.12 below the SMA_20. In the mid term, the stock shows a negative trend with the 54.28 below the SMA_60. In the long term, the stock shows a positive trend with the 56.5 above the SMA_200.
Swing
Negative
Stock Price Below SMA_5
Short Term
Negative
SMA_5 Below SMA_20
Mid Term
Negative
SMA_20 Below SMA_60
Long Term
Positive
SMA_60 Above SMA_200
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What do technical indicators suggest about WBS's current trend?What are WBS's key support and resistance levels?