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Archive
- 3/21/2025 -
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Wabtec Corporation (WAB) Technical Analysis
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| Summary:
| | Weekly :  | | Daily :
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| | It was a first positive week for the Wabtec Corporation (WAB). During the week, the WAB gained 6.10 points, or 3.41%, and closed at 184.80 on Friday, March 21, 2025. It was the best weekly gain since January 24, 2025. Weekly volume was 22% above average.
 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 120.82 and resistance is at 220.16. 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 172.60 on March 4, 2025. WAB lost 38.30 points, or 18.16%, in 4 weeks. The chart has formed a Falling Wedge chart pattern. The downtrend resistance line (165.42) is broken. Usually a broken resistance is considered to be a long-term bullish signal, but since daily indicators are overbought a short-term pull back is possible. WAB may retest the broken resistance line. It is considered to be a support line now. 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 oversold. Use the Technical Stock Screener to see the list of stocks with weekly oversold 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 below its signal line since December 20, 2024. This is an indication that the medium-term trend is down. The distance between MACD and the signal line is near its high, but getting smaller. It indicates that the current medium-term downtrend is still strong, and momentum is beginning to wane. Use the following link to access a MACD help.
 Short-term trend: [See WAB short-term trend chart]
A short-term uptrend had started on March 4, 2025 at 172.60 and reached 186.90 on March 19, 2025. WAB gained -14.30 points, or -8.29%, in 15 days. The price is now at the 14.69% retracement level.
 Daily Technical Indicators: [See WAB daily technical indicators chart]
Daily Lane's Stochastic is overbought. Use the Technical Stock Screener to see the list of stocks with overbought daily Lane's Stochastic.
The daily MACD line is above its signal line since March 13, 2025. This is an indication that the short-term trend is up.
During the last week, the price has moved above the moving average in the center of the Bollinger Bands. The Bollinger Bands are often used with a non-oscillator indicator like chart patterns or a trendline. The signals are considered more reliable if these indicators confirm the recommendation of the Bollinger Bands. Use the following links to access the Bollinger Bands Help, or use the Technical Stock Screener to see the list of stocks with the price above the Upper Bollinger Band or below the Lower Bollinger Band.
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