WD-40 COMPANY

- USD (-)

- 15 min delayed data - NASDAQ Stocks

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Change:	-
Volume:	-

Low:	-
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High / Low range:	-

Type:	Stocks
Ticker:	WDFC
ISIN:

WD-40 COMPANY - Daily - Technical analysis published on 12/18/2019 (GMT)

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Timeframe : Daily
- Analysis generated on
Status : TARGET REACHED

Summary of the analysis

Trends

Court terme: Bullish

De fond: Strongly bullish

Technical indicators

22%

39%

My opinion

Bullish above 183.78 USD

My targets

197.43 USD (+2.27%)

201.75 USD (+4.51%)

My analysis

All elements being clearly bullish, it would be possible for traders to trade only long positions (at the time of purchase) on WD-40 COMPANY as long as the price remains well above 183.78 USD. The buyers” bullish objective is set at 197.43 USD. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 201.75 USD. If there is any crossing, the next objective would be the resistance located at 209.55 USD. Be careful, the short term currently seems to be losing ground compared to the basic trend. Longer time units should be analysed to identify possible overbought items that could be a sign of a possible short-term correction.

In the very short term, the general bullish sentiment is not called into question, despite technical indicators being indecisive.

FORCE

4.5

Comment on the analysis

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.

This analysis was given by Vincent Launay. Take part yourself by sharing additional analysis on another time unit:

Additional analysis

Quotes

The WD-40 COMPANY price is 193.04 USD. The price registered an increase of +0.17% on the session with the lowest point at 192.00 USD and the highest point at 193.61 USD. The deviation from the price is +0.54% for the low point and -0.29% for the high point.

192.00

193.61

193.04

A bullish opening was detected by the Central Gaps scanner. Buyers are trying to impose a bullish momentum in the very short term.

Bullish opening

Type : Bullish

Timeframe : Openning

A study of price movements over other periods shows the following variations:

The study of the highest / lowest by the Central Records scanner shows the following results:

Near a new HIGH record (5 years)

Type : Bullish

Timeframe : Weekly

Near a new HIGH record (1 year)

Type : Bullish

Timeframe : Weekly

Near a new HIGH record (1st january)

Type : Bullish

Timeframe : Weekly

Technical

Technical analysis of WD-40 COMPANY in Daily shows a strongly overall bullish trend. 85.71% of the signals given by moving averages are bullish. The slightly bullish signals given by the short-term moving averages show a weakening of the global trend. The Central Indicators scanner detects a bearish signal on moving averages that could impact this trend:

Bearish price crossover with Moving Average 20

Type : Bearish

Timeframe : Daily

An assessment of technical indicators does not currently provide any relevant information on the direction of future price movements.
Central Indicators, the scanner specialised in technical indicators, has identified these signals:

Pivot points : price is under support 1

Type : Neutral

Timeframe : Weekly

Parabolic SAR indicator bearish reversal

Type : Bearish

Timeframe : Daily

Price is back over the pivot point

Type : Bullish

Timeframe : Weekly

Price is back under the pivot point

Type : Bearish

Timeframe : Daily

Momentum indicator is back under 0

Type : Bearish

Timeframe : Daily

Williams %R indicator is back under -50

Type : Bearish

Timeframe : Daily

Central Patterns, the market scanner focusing on chart patterns, resistances and supports found these results:

Near horizontal support

Type : Bullish

Timeframe : Daily

Support of channel is broken

Type : Bearish

Timeframe : Daily

The Central Candlesticks scanner which studies Japanese candlesticks did not detect anything.

ProTrendLines

Price

	S3	S2	S1	Price	R1
ProTrendLines	180.08	183.78	192.10	193.04	195.56
Change (%)	-6.71%	-4.80%	-0.49%	-	+1.31%
Change	-12.96	-9.26	-0.94	-	+2.52
Level	Major	Major	Intermediate	-	Major

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
Standard	189.09	190.55	191.63	193.09	194.17	195.63	196.71
Camarilla	192.02	192.25	192.49	192.72	192.95	193.19	193.42
Woodie	188.91	190.46	191.45	193.00	193.99	195.54	196.53
Fibonacci	190.55	191.52	192.12	193.09	194.06	194.66	195.63

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	190.76	192.01	193.88	195.13	197.00	198.25	200.12
Camarilla	194.90	195.19	195.47	195.76	196.05	196.33	196.62
Woodie	191.08	192.17	194.20	195.29	197.32	198.41	200.44
Fibonacci	192.01	193.20	193.94	195.13	196.32	197.06	198.25

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	173.19	177.51	185.31	189.63	197.43	201.75	209.55
Camarilla	189.78	190.89	192.00	193.11	194.22	195.33	196.44
Woodie	174.93	178.38	187.05	190.50	199.17	202.62	211.29
Fibonacci	177.51	182.14	185.00	189.63	194.26	197.12	201.75

Numerical data

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

Technical indicators

Moving averages

RSI (14):	55.46
MACD (12,26,9):	1.7900
Directional Movement:	2.51
AROON (14):	28.57
DEMA (21):	195.18
Parabolic SAR (0,02-0,02-0,2):	196.28
Elder Ray (13):	-0.68
Super Trend (3,10):	188.27
Zig ZAG (10):	193.04
VORTEX (21):	1.1000
Stochastique (14,3,5):	42.52
TEMA (21):	195.21
Williams %R (14):	-59.57
Chande Momentum Oscillator (20):	0.96
Repulse (5,40,3):	-0.6100
ROCnROLL:	-1
TRIX (15,9):	0.1800
Courbe Coppock:	2.65

MA7:	194.21
MA20:	193.20
MA50:	187.71
MA100:	185.48
MAexp7:	193.79
MAexp20:	192.59
MAexp50:	189.10
MAexp100:	185.03
Price / MA7:	-0.60%
Price / MA20:	-0.08%
Price / MA50:	+2.84%
Price / MA100:	+4.08%
Price / MAexp7:	-0.39%
Price / MAexp20:	+0.23%
Price / MAexp50:	+2.08%
Price / MAexp100:	+4.33%

News

The latest news and videos published on WD-40 COMPANY 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.

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