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Archive - 6/5/2026 - Sign In to see current Signals. |
Wabtec Corporation (WAB) Technical Analysis
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| 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 gave back -0.76 points, or -0.29%, and closed at 260.40 on Friday, June 5, 2026. Weekly volume was -31% below 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 275.84 on April 9, 2026. WAB gained -197.58 points, or -252.47%, in 195 weeks. The chart has formed a Broadening Ascending Wedge chart pattern. The trend support level is at 208.56 and resistance is at 284.94. 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 uptrend had started on September 17, 2025 at 184.26 and reached 275.84 on April 9, 2026. WAB gained -91.58 points, or -49.70%, in 29 weeks. The chart has formed a Broadening Ascending Wedge chart pattern. The price is near the trend support (257.14) line. The support is usually stronger when technical indicators are oversold. Use the following links to access Trend Support/Resistance Help, or use the Technical Stock Screener to see the list of stocks with price testing the trend support line in a medium-term trend.
Weekly Technical Indicators: [See WAB weekly technical indicators chart] Weekly technical indicators are neutral. The weekly MACD line is below its signal line since May 15, 2026. 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 April 9, 2026 at 275.84 and reached 251.15 on June 1, 2026. WAB lost 24.69 points, or 8.95%, in 53 days. The chart has formed a Falling Channel chart pattern.
Daily Technical Indicators: [See WAB daily technical indicators chart] Daily technical indicators are neutral. The daily MACD line is below its signal line since June 4, 2026. This is an indication that the short-term trend is down. The distance between MACD and the signal line is low and getting smaller. It indicates that the current short-term downtrend is getting weak. During the last week, the price has crossed below the 50 Day Moving Average. Such crossover is considered a bearish signal. The moving average crossover signals work better when the stock develops a strong trend, but they are ineffective when the stock is in a trading range. Moving average crossover systems can be effective, but should be used in conjunction with trend patterns, momentum indicators, candlesticks and other aspects of technical analysis. Use the following links to access Moving Average Crossover trading technique, or use the Technical Stock Screener to see the list of stocks with the Moving Average close to the price level.
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