RSI low/high Values: [ 25 - 75 ]
* StockInvest.us uses dynamically calculated RSI max/min levels to determine when stock is oversold or overbought based on historical behavior.
AI Analysis of WERN
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Werner Enterprises stock price up 0.576% on Monday
(Updated on Jul 22, 2024)

Sell candidate since Jul 19, 2024 Gain 0.58% PDF

The Werner Enterprises stock price gained 0.576% on the last trading day (Monday, 22nd Jul 2024), rising from $36.44 to $36.65. During the last trading day the stock fluctuated 2.47% from a day low at $35.88 to a day high of $36.77. The price has risen in 6 of the last 10 days and is up by 5.13% over the past 2 weeks. Volume fell on the last day by -55 thousand shares and in total, 706 thousand shares were bought and sold for approximately $25.87 million. You should take into consideration that falling volume on higher prices causes divergence and may be an early warning about possible changes over the next couple of days.

The stock is moving within a wide and horizontal trend and further movements within this trend can be expected. Given the current horizontal trend, you can expect Werner Enterprises stock with a 90% probability to be traded between $33.96 and $37.74 at the end of this 3-month period. A break of a horizontal trend is often followed by a large increase in the volume, and stocks seldom manage to go directly from the bottom of a trend up to the top. Stocks turning up in the middle of a horizontal trend are therefore considered to be potential runners.

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WERN Signals & Forecast

The Werner Enterprises stock holds a sell signal from the short-term Moving Average; at the same time, however, there is a buy signal from the long-term average. Since the short-term average is above the long-term average there is a general buy signal in the stock giving a positive forecast for the stock. On further gains, the stock will meet resistance from the short-term Moving Average at approximately $36.84. On a fall, the stock will find some support from the long-term average at approximately $36.17. A break-up through the short-term average will send a buy signal, whereas a breakdown through the long-term average will send a sell signal. Furthermore, there is a buy signal from the 3 month Moving Average Convergence Divergence (MACD). Volume fell during the last trading day despite gaining prices. This causes a divergence between volume and price and it may be an early warning. The stock should be watched closely. Some negative signals were issued as well, and these may have some influence on the near short-term development. A sell signal was issued from a pivot top point on Tuesday, July 16, 2024, and so far it has fallen -3.53%. Further fall is indicated until a new bottom pivot has been found.

Sell
Special Signal Notification

Double Top Formation

Double Top Formation A sell signal from a double top formation was found on Tuesday, July 16, 2024 and based on theory for this formation the price should fall by -1.06% to $36.26 within 40 trading days (Wednesday, September 11, 2024) since signal was issued.

Support, Risk & Stop-loss for Werner Enterprises stock

Werner Enterprises finds support from accumulated volume at $35.83 and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested.

This stock is usually traded at a good volume, and with minor daily changes, the risk is considered to be low. During the last day, the stock moved $0.88 (2.47%) between high and low. For the last week, the stock has had daily average volatility of 2.42%.

Our recommended stop-loss: We hold a negative evaluation for this stock. No stop-loss is set.

Trading Expectations (WERN) For The Upcoming Trading Day Of Tuesday 23rd

For the upcoming trading day on Tuesday, 23rd we expect Werner Enterprises to open at $36.43, and during the day (based on 14 day Average True Range), to move between $35.76 and $37.54, which gives a possible trading interval of +/-$0.89 (+/-2.43%) up or down from last closing price. If Werner Enterprises takes out the full calculated possible swing range there will be an estimated 4.87% move between the lowest and the highest trading price during the day.

Since the stock is closer to the resistance from accumulated volume at $36.71 (0.16%) than the support at $35.83 (2.24%), our systems don't find the trading risk/reward intra-day attractive and any bets should be held until the stock is closer to the support level.

Earnings coming up

Werner Enterprises will release earnings AMC on Tuesday, July 30, 2024.The consensus among the analysts for the expected earnings (EPS) is $0.230. We will update the financials statements for Werner Enterprises, that can be found here as soon as the records are public. Our systems has calculated a possible swing of +/- 2.97% in the first trading day after earnings release.

Is Werner Enterprises stock A Buy?

Werner Enterprises holds several negative signals and we believe that it will still perform weakly in the next couple of days or weeks. We, therefore, hold a negative evaluation of this stock.

Current score: -1.455 Sell Candidate Unchanged

Predicted Opening Price for Werner Enterprises of Tuesday, July 23, 2024

Fair opening price July 23, 2024 Current price
$36.43 ( 0.596%) $36.65

The predicted opening price is based on yesterday's movements between high, low, and closing price.

Trading levels for WERN

Fibonacci Support & Resistance Levels

Level Price
R3 37.32 1.82%
R2 36.98 0.90%
R1 36.77 0.327%
Price 36.65
S1 36.09 -1.52%
S2 35.88 -2.09%
S3 35.55 -3.01%

Accumulated Volume Support & Resistance Levels

Level Price
R3 37.49 2.29%
R2 37.17 1.42%
R1 36.71 0.164%
Price 36.65
S1 35.83 -2.24%
S2 35.77 -2.40%
S3 35.17 -4.04%

WERN Dividend Payout History


# Declaration Date Ex-Date Pay Date Amount Yield
1 Jul 01, 2024 Jul 01, 2024 Jul 17, 2024 $0.140 0.373%
2 May 15, 2024 Jun 28, 2024 Jul 17, 2024 $0.140 0.373%
3 Feb 28, 2024 Apr 12, 2024 May 01, 2024 $0.140 0.398%
4 Nov 06, 2023 Dec 29, 2023 Jan 17, 2024 $0.140 0.356%
5 Aug 10, 2023 Sep 29, 2023 Oct 18, 2023 $0.140 0.369%

FAQ

What is the symbol for Werner Enterprises Stock and on which exchange is it traded?
The symbol for Werner Enterprises is WERN and it is traded on the NASDAQ (NASDAQ Stock Exchange).

Should I buy or sell Werner Enterprises Stock?
Werner Enterprises holds several negative signals and we believe that it will still perform weakly in the next couple of days or weeks. We, therefore, hold a negative evaluation of this stock.

How to buy Werner Enterprises Stock?
Werner Enterprises Stock can be purchased through just about any brokerage firm, including online brokerage services.
Click here for our free guide on how to buy Werner Enterprises Stock.

What's the current price of Werner Enterprises Stock?
As of the end of day on the Jul 22, 2024, the price of an Werner Enterprises (WERN) share was $36.65.

What is the 52-week high and low for Werner Enterprises Stock?
The 52-week high for Werner Enterprises Stock is $47.27 and the 52-week low is $33.12.

What is the market capitalization of Werner Enterprises Stock?
As of the Jul 22, 2024, the market capitalization of Werner Enterprises is 2.324B.

When is the next earnings date for Werner Enterprises?
The upcoming earnings date for Werner Enterprises is Jul 30, 2024.
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About Werner Enterprises

Werner Enterprises Werner Enterprises, Inc., a transportation and logistics company, engages in transporting truckload shipments of general commodities in interstate and intrastate commerce in the United States, Mexico, and internationally. It operates through Truckload Transportation Services and Werner Logistics segments. The Truckload Transportation Services segment operates medium-to-long-haul van fleet that transports various consumer nondurable products and o... WERN Profile

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