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WABASH NATIONAL
WABASH NATIONAL
- USD (-)
- 15 min delayed data - NYSE Stocks
Open: -
Change: -
Volume: -
Low: -
High: -
High / Low range: -
Type: Stocks
Ticker: WNC
ISIN:

WABASH NATIONAL - Daily - Technical analysis published on 02/25/2020 (GMT)

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Londinia
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  • Timeframe : Daily
  • - Analysis generated on
  • Status : TARGET REACHED

Summary of the analysis

Trends
Court terme: Strongly bearish
De fond: Strongly bearish
Technical indicators
22%
44%
33%
My opinion
Bearish under 12.52 USD
My targets
10.78 USD (-7.94%)
9.19 USD (-21.49%)
My analysis
The bearish trend is currently very strong for WABASH NATIONAL. As long as the price remains below the resistance at 12.52 USD, you could try to take advantage of the bearish rally. The first bearish objective is located at 10.78 USD. The bearish momentum would be revived by a break in this support. Sellers would then use the next support located at 9.19 USD as an objective. Crossing it would then enable sellers to target 6.91 USD. Be careful, given the powerful bearish rally underway, excesses could lead to a short-term rebound. If this is the case, remember that trading against the trend may be riskier. It would seem more appropriate to wait for a signal indicating reversal of the trend.

Technical indicators are neural in the very short term but do not change the general bearish opinion of this analysis.
FORCE
0
10
6.8

Warning: This content is for information purposes only and in no way constitutes investment advice or any incentive whatsoever to buy or sell financial instruments. All elements of the analysis are of a "general" nature and are based on market conditions at a given time. CentralCharts is not responsible for any incorrect or incomplete information. Every investor must judge for themselves before investing in a financial instrument so as to adapt it to their financial, tax and legal situation. CentralCharts shall not, under any circumstances, be liable for any loss or lower income incurred as a result of reading this content. Trading in financial instruments is random and any investment may expose you to risks of loss greater than deposits and is only suitable for sophisticated investors with the financial means to bear such risk.

Vincent Launay
This analysis was given by Vincent Launay. Take part yourself by sharing additional analysis on another time unit:
15 min. 1H Weekly

Additional analysis

Quotes

WABASH NATIONAL rating 11.71 USD. On the day, this instrument lost -5.87% with the lowest point at 11.62 USD and the highest point at 11.98 USD. The deviation from the price is +0.77% for the low point and -2.25% for the high point.

11.62
11.98
11.71

The Central Gaps scanner detects the formation of a bearish gap marking the strong presence of sellers ahead of buyers at the opening. This formed a quotation gap.

Central Gaps

Opening Gap DOWN

Type : Bearish

Timeframe : Openning



So that you have an overall view of the price change, here is a table showing the variations over several periods:
The study of the highest / lowest by the Central Records scanner shows the following results:

Central Records

Near a new LOW record (1 year)

Type : Bearish

Timeframe : Weekly


Near a new LOW record (1st january)

Type : Bearish

Timeframe : Weekly


Near a new LOW record (1 month)

Type : Bearish

Timeframe : Weekly



Abnormal volumes on WABASH NATIONAL were detected by the Central Volumes scanner:

Central Volumes

Abnormal volumes

Timeframe : 20 days

Technical


Technical analysis of WABASH NATIONAL in Daily shows a overall strongly bearish trend. The signals given by moving averages are 92.86% bearish. This strong bearish trend is confirmed by the strong signals currently being given by short-term moving averages. The Central Indicators market scanner is currently detecting several bearish signals that could impact this trend:

Central Indicators

Bearish price crossover with Moving Average 20

Type : Bearish

Timeframe : Daily


Bearish price crossover with adaptative moving average 20

Type : Bearish

Timeframe : Daily



The technical indicators are generally neutral. They do not provide relevant information on the direction of future price movements.
Caution: the Central Indicators scanner currently detects an excess:

Central Indicators

Williams %R indicator is oversold : under -80

Type : Neutral

Timeframe : Daily

Central Indicators, the detector scanner for these technical indicators has recently detected several signals:

Central Indicators

Pivot points : price is under support 3

Type : Neutral

Timeframe : Daily


Pivot points : price is under support 3

Type : Neutral

Timeframe : Weekly


Parabolic SAR indicator bearish reversal

Type : Bearish

Timeframe : Daily


Ichimoku - Bullish crossover : Tenkan & Kijun

Type : Bullish

Timeframe : Daily


Price is back over the pivot point

Type : Bullish

Timeframe : Daily


Momentum indicator is back under 0

Type : Bearish

Timeframe : Daily



No signals are given by Central Patterns, a market scanner specialised in chart patterns, resistances and supports.

No result was found by the Central Candlesticks scanner on Japanese candlesticks.


ProTrendLines
S3
S2
S1
R1
R2
R3
Price


S3S2S1PriceR1R2R3
ProTrendLines 6.91 10.78 11.60 11.71 12.52 13.22 14.27
Change (%) -40.99% -7.94% -0.94% - +6.92% +12.89% +21.86%
Change -4.80 -0.93 -0.11 - +0.81 +1.51 +2.56
Level Major Intermediate Major - Major Intermediate Minor



Pivot points can also be used to set your price objectives. Here is the price situation in relation to pivot points:

Daily
Pivot points S3 S2 S1 PP R1 R2 R3
Standard12.0712.1812.3112.4212.5512.6612.79
Camarilla12.3712.4012.4212.4412.4612.4812.51
Woodie12.0812.1912.3212.4312.5612.6712.80
Fibonacci12.1812.2712.3312.4212.5112.5712.66


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard11.7612.0012.2212.4612.6812.9213.14
Camarilla12.3112.3612.4012.4412.4812.5212.57
Woodie11.7512.0012.2112.4612.6712.9213.13
Fibonacci12.0012.1812.2812.4612.6412.7412.92


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard6.929.1910.4012.6713.8816.1517.36
Camarilla10.6410.9611.2811.6011.9212.2412.56
Woodie6.388.939.8612.4113.3415.8916.82
Fibonacci9.1910.5211.3412.6714.0014.8216.15

Numerical data


The following is the status of technical indicators and moving averages registered at the time this technical analysis was created:

Technical indicators
Moving averages

RSI (14): 36.12
MACD (12,26,9): -0.2700
Directional Movement: -7.97
AROON (14): 14.29
DEMA (21): 11.94
Parabolic SAR (0,02-0,02-0,2): 13.37
Elder Ray (13): -0.46
Super Trend (3,10): 12.83
Zig ZAG (10): 11.71
VORTEX (21): 0.9000
Stochastique (14,3,5): 36.77
TEMA (21): 12.13
Williams %R (14): -91.21
Chande Momentum Oscillator (20): -0.51
Repulse (5,40,3): -1.5900
ROCnROLL: 2
TRIX (15,9): -0.4300
Courbe Coppock: 5.97
MA7: 12.39
MA20: 12.09
MA50: 13.39
MA100: 14.05
MAexp7: 12.23
MAexp20: 12.37
MAexp50: 13.08
MAexp100: 13.68
Price / MA7: -5.49%
Price / MA20: -3.14%
Price / MA50: -12.55%
Price / MA100: -16.65%
Price / MAexp7: -4.25%
Price / MAexp20: -5.34%
Price / MAexp50: -10.47%
Price / MAexp100: -14.40%

News


The latest news and videos published on WABASH NATIONAL at the time of the analysis were as follows:

This member declared not having a position on this financial instrument or a related financial instrument.

About author

Londinia
Londinia AI

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