|
|
Archive
- 5/23/2025 -
Sign In to see current Signals. |
Wabtec Corporation (WAB) Technical Analysis
|
 |
| Summary:
| | Weekly :  | | Daily :
Move cursor over the icon to see details.
| | It was the negative week for the Wabtec Corporation (WAB). During the week, the WAB dropped -6.37 points, or -3.10%, and closed at 199.32 on Friday, May 23, 2025. Weekly volume was -20% below average.
WAB is a member of Industrials Sector. Industrials is the most overbought sector. Sector/industry rotation is considered a proven strategy to beat the market. Use the following links to find overbought/oversold technical indicators by Sector or by Industry.
 Long-term trend: [See WAB long-term trend chart]
A long-term uptrend had started on July 14, 2022 at 78.26 and reached 210.90 on January 30, 2025. WAB gained -132.64 points, or -169.49%, in 133 weeks. The chart has formed a Broadening Ascending Wedge chart pattern. The trend support level is at 123.60 and resistance is at 230.85. A Broadening Ascending Wedge pattern is considered to be a reversal formation. It usually appears in a mature trend, characterized by overbought/oversold long-term and short-term indicators, and often generates divergence on long-term indicators. Use the following link to access a Broadening Ascending Wedge chart pattern help, or use a Technical Stock Screener to see the list of stocks with Broadening Ascending Wedge pattern in a long-term trend.
 Medium-term trend: [See WAB medium-term trend chart]
A medium-term downtrend had started on January 30, 2025 at 210.90 and reached 151.80 on April 7, 2025. WAB lost 59.10 points, or 28.02%, in 9 weeks. The chart has formed a Broadening Descending Wedge chart pattern. The downtrend resistance line (123.20) is broken. A broken support is considered to be a long-term bullish signal. Use the following links to access Trend Support/Resistance Help, or use the Technical Stock Screener to see the list of stocks with broken trend resistance line in a medium-term trend.
 Weekly Technical Indicators: [See WAB weekly technical indicators chart]
Weekly Lane's Stochastic is overbought. Use the Technical Stock Screener to see the list of stocks with overbought weekly Lane's Stochastic. Oscillators are designed to signal a possible trend reversal. They can act as alerts and should be taken in conjunction with other technical analysis tools. Oscillators can be used to confirm other technical signals. Use the following link to access Lane's Stochastic help.
The weekly MACD line is above its signal line since May 9, 2025. The distance between MACD and the signal line is low, but getting bigger. Use the following link to access a MACD help.
 Short-term trend: [See WAB short-term trend chart]
A short-term downtrend had started on May 19, 2025 at 207.70 and reached 195.99 on May 23, 2025. WAB lost 11.71 points, or 5.64%, in 4 days. The price is now at the 28.44% retracement level.
 Daily Technical Indicators: [See WAB daily technical indicators chart]
Daily technical indicators are neutral. During the last week, daily Lane's Stochastic main line (%K) has declined below the overbought signal line (%D). Such crossover is considered a bearish signal.
During the last week, daily MACD line has moved below its signal line. Such crossover is considered a bearish signal.
During the last week, the price has fallen below the Parabolic SAR (stop and reversal). A Parabolic SAR above the price is a bearish signal, and it indicates that momentum is likely to remain in the downward direction. A Parabolic SAR is used as a trailing stop loss for long or short positions. It works best during strong trending periods. Use the following links to access Parabolic SAR Help, or use the Technical Stock Screener to see the list of stocks with the Parabolic SAR close to the price level.
| |
|
|