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 WNC
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Wabash National Corporation stock price ended at $29.94 on Thursday, after gaining 1.73%.
(Updated on Mar 28, 2024)

Buy or Hold candidate since Feb 22, 2024 Gain 16.63% PDF

The Wabash National Corporation stock price gained 1.73% on the last trading day (Thursday, 28th Mar 2024), rising from $29.43 to $29.94. It has now gained 3 days in a row. It will be exciting to see whether it manages to continue gaining or take a minor break for the next few days. During the last trading day the stock fluctuated 3.52% from a day low at $29.04 to a day high of $30.06. The price has risen in 7 of the last 10 days and is up by 12.39% over the past 2 weeks. Volume has increased on the last day along with the price, which is a positive technical sign, and, in total, 635 thousand more shares were traded than the day before. In total, 989 thousand shares were bought and sold for approximately $29.62 million.

The stock lies in the middle of a wide and strong rising trend in the short term and a further rise within the trend is signaled. Given the current short-term trend, the stock is expected to rise 17.26% during the next 3 months and, with a 90% probability hold a price between $31.92 and $36.12 at the end of this 3-month period.

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WNC Signals & Forecast

Mostly positive signals in the chart today. The Wabash National Corporation stock holds buy signals from both short and long-term Moving Averages giving a positive forecast for the stock. Also, there is a general buy signal from the relation between the two signals where the short-term average is above the long-term average. On corrections down, there will be some support from the lines at $28.75 and $27.25. A breakdown below any of these levels will issue sell signals. A buy signal was issued from a pivot bottom point on Wednesday, February 21, 2024, and so far it has risen 18.39%. Further rise is indicated until a new top pivot has been found. Furthermore, there is a buy signal from the 3 month Moving Average Convergence Divergence (MACD). Volume is rising along with the price. This is considered to be a good technical signal.

Support, Risk & Stop-loss for Wabash National Corporation stock

On the downside, the stock finds support just below today's level from accumulated volume at $26.86 and $26.72. There is a natural risk involved when a stock is testing a support level, since if this is broken, the stock then may fall to the next support level. In this case, Wabash National Corporation finds support just below today's level at $26.86. If this is broken, then the next support from accumulated volume will be at $26.72 and $25.30.

This stock has average movements during the day and with good trading volume, the risk is considered to be medium. During the last day, the stock moved $1.02 between high and low, or 3.52%. For the last week, the stock has had daily average volatility of 2.58%.

Our recommended stop-loss: $28.82 (-3.74%) (This stock has medium daily movements and this gives medium risk. There is a buy signal from a pivot bottom found 26 days ago.)

Trading Expectations (WNC) For The Upcoming Trading Day Of Monday 1st

For the upcoming trading day on Monday, 1st we expect Wabash National Corporation to open at $29.68, and during the day (based on 14 day Average True Range), to move between $28.96 and $30.92, which gives a possible trading interval of +/-$0.98 (+/-3.27%) up or down from last closing price. If Wabash National Corporation takes out the full calculated possible swing range there will be an estimated 6.54% move between the lowest and the highest trading price during the day.

With no resistance above and support from accumulated volume @ $26.86, some $3.08 (10.29%) from the current price of $29.94, our system finds the risk reward attractive.

Is Wabash National Corporation stock A Buy?

Wabash National Corporation holds several positive signals and is within a strong rising trend. As the old saying says, "Let the trend be your friend.'". We therefore consider it to be a good choice at these current levels and we are expecting further gains during the next 3 months.

Current score: 6.910 Strong Buy Candidate Unchanged

Predicted Opening Price for Wabash National Corporation of Monday, April 1, 2024

Fair opening price April 1, 2024 Current price
$29.68 ( 0.87%) $29.94

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

Trading levels for WNC

Fibonacci Support & Resistance Levels

Level Price
Resistance R3 30.70 2.54 %
R2 30.31 1.24 %
R1 30.07 0.433 %
Current price: 29.94
Support S1 29.29 -2.17 %
S2 29.05 -2.98 %
S3 28.66 -4.28 %

Accumulated Volume Support & Resistance Levels

Level Price
Resistance R3 0 .
R2 0 .
R1 0 .
Current price 29.94
Support S1 26.86 -10.29%
S2 26.72 -10.75%
S3 25.30 -15.50%

WNC Dividend Payout History


# Declaration Date Ex-Date Pay Date Amount Yield
1 Apr 03, 2024 Apr 03, 2024 Apr 25, 2024 $0.0800 0.266%
2 Nov 30, 2023 Jan 03, 2024 Jan 25, 2024 $0.0800 0.314%
3 Aug 17, 2023 Oct 04, 2023 Oct 26, 2023 $0.0800 0.381%
4 May 11, 2023 Jul 05, 2023 Jul 27, 2023 $0.0800 0.359%
5 Feb 16, 2023 Apr 05, 2023 Apr 27, 2023 $0.0800 0.308%

FAQ

What is the symbol for Wabash National Corporation Stock and on which exchange is it traded?
The symbol for Wabash National Corporation is WNC and it is traded on the NYSE (New York Stock Exchange).

Should I buy or sell Wabash National Corporation Stock?
Wabash National Corporation holds several positive signals and is within a strong rising trend. As the old saying says, "Let the trend be your friend.'". We therefore consider it to be a good choice at these current levels and we are expecting further gains during the next 3 months.

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

What's the current price of Wabash National Corporation Stock?
As of the end of day on the 2024-03-28, the price of an Wabash National Corporation (WNC) share was $29.94.

What is the 52-week high and low for Wabash National Corporation Stock?
The 52-week high for Wabash National Corporation Stock is $30.06 and the 52-week low is $20.09.

What is the market capitalization of Wabash National Corporation Stock?
As of the 2024-03-28, the market capitalization of Wabash National Corporation is 1.35B.

When is the next earnings date for Wabash National Corporation?
The upcoming earnings date for Wabash National Corporation is Apr 24, 2024.
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About Wabash National Corporation

Wabash National Wabash National Corporation designs, manufactures, and distributes engineered solutions for the transportation, logistics, and distribution industries primarily in the United States. The company operates through two segments, Transportation Solutions and Parts & Services. The Transportation Solutions segment provides dry van and platform trailers; refrigerated trailers; converter dollies; van bodies for dry-freight transportation; cutaway van bod... WNC Profile

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