|
|
|
|
Archive
- 4/19/2024 -
Sign In to see current Signals. |
Williams Cos. (WMB) Technical Analysis
|
 |
| Summary:
| | Weekly : | | Daily : 
Move cursor over the icon to see details.
| | It was a first positive week for the Williams Cos. (WMB). During the week, the WMB gained 0.43 points, or 1.13%, and closed at 38.51 on Friday, April 19, 2024. Weekly volume was 11% above average.
WMB is a member of Energy Sector. Energy 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 WMB long-term trend chart]
A long-term uptrend had started on March 24, 2023 at 27.80 and reached 39.76 on April 4, 2024. WMB gained -11.96 points, or -43.02%, in 53 weeks. The price is now at the 10.45% retracement level.
Medium-term trend: [See WMB medium-term trend chart]
A medium-term uptrend had started on February 14, 2024 at 32.65 and reached 39.76 on April 4, 2024. WMB gained -7.11 points, or -21.78%, in 7 weeks. The price is now at the 17.58% retracement level.
 Weekly Technical Indicators: [See WMB 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 March 8, 2024. This is an indication that the medium-term trend is up. Use the following link to access a MACD help.
 Short-term trend: [See WMB short-term trend chart]
A short-term downtrend had started on April 4, 2024 at 39.76 and reached 37.18 on April 16, 2024. WMB lost 2.58 points, or 6.49%, in 12 days. The chart has formed a Falling Channel chart pattern. The downtrend resistance line (36.51) 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 short-term trend.
 Daily Technical Indicators: [See WMB daily technical indicators chart]
Daily technical indicators are neutral.
The daily MACD line is below its signal line since April 5, 2024. This is an indication that the short-term trend is down. The distance between MACD and the signal line is relatively high and getting bigger. It indicates that the current short-term downtrend is strong.
During the last week, the price has risen above the Parabolic SAR (stop and reversal). A Parabolic SAR below the price is a bullish signal, and it indicates that momentum is likely to remain in the upward 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.
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.
| |
|
|
|
|
| Daily Oscillators |
|
|
| Weekly Oscillators |
|
|
| Trading
Signals |
|
|
|
| Sector and
Industry |
| Description |
Name |
Rank |
| Sector |
Energy |
12 |
| Industry |
Oil & Gas Storage & Transportation |
117 |
|
| Daily Trend |
| Description |
Value |
| Direction |
Up |
| Chart Pattern |
Uptrend |
| Low |
37.18 |
| Low Date |
04/16/2024 |
| High |
38.56 |
| High Date |
04/19/2024 |
|
| Weekly Trend |
|
| Description |
Value |
| Direction |
Down |
| Chart Pattern |
Falling Channel |
| Status |
Broken Resistance |
| Resistance |
37.62 |
| Support |
36.51 |
| High |
39.76 |
| High Date |
04/04/2024 |
| Low |
37.18 |
| Low Date |
04/16/2024 |
|
| Description |
Value |
| Direction |
Up |
| Chart Pattern |
Uptrend |
| Status |
|
| Resistance |
|
| Support |
|
| Low |
32.65 |
| Low Date |
02/14/2024 |
| High |
39.76 |
| High Date |
04/04/2024 |
|
| Quarterly Trend |
|
| Description |
Value |
| Direction |
Up |
| Chart Pattern |
Uptrend |
| Status |
|
| Resistance |
|
| Support |
|
| Low |
27.80 |
| Low Date |
03/24/2023 |
| High |
39.76 |
| High Date |
04/04/2024 |
|
| Description |
Value |
| Direction |
Up |
| Chart Pattern |
Uptrend |
| Status |
|
| Resistance |
|
| Support |
|
| Low |
8.41 |
| Low Date |
03/19/2020 |
| High |
39.76 |
| High Date |
04/04/2024 |
|
|