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 WCC
Powered by GPT-4
Upgraded!
Stock Analysis
Risk Assessment
Trading Strategy

WESCO International Inc stock price ended at $171.28 on Thursday, after gaining 0.252%.
(Updated on Mar 28, 2024)

Buy or Hold candidate since Mar 19, 2024 Gain 4.32% PDF

The WESCO International Inc stock price gained 0.252% on the last trading day (Thursday, 28th Mar 2024), rising from $170.85 to $171.28. 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 1.13% from a day low at $170.25 to a day high of $172.16. The price has risen in 8 of the last 10 days and is up by 7.37% 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, 150 thousand more shares were traded than the day before. In total, 427 thousand shares were bought and sold for approximately $73.20 million.

The stock lies in the middle of a very wide and falling trend in the short term and further fall within the trend is signaled. Given the current short-term trend, the stock is expected to fall -8.25% during the next 3 months and, with a 90% probability hold a price between $113.90 and $169.59 at the end of this 3-month period. Do note, that if the stock price manages to stay at current levels or higher, our prediction target will start to change positively over the next few days as the conditions for the current predictions will be broken.

Ready to grow your portfolio? Here's your beginner's guide to opening a free brokerage account.

WCC Signals & Forecast

Mostly positive signals in the chart today. The WESCO International Inc 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 $169.12 and $158.65. A breakdown below any of these levels will issue sell signals. A buy signal was issued from a pivot bottom point on Tuesday, February 13, 2024, and so far it has risen 29.18%. 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 WESCO International Inc stock

On the downside, the stock finds support just below today's level from accumulated volume at $154.61 and $143.05. 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, WESCO International Inc finds support just below today's level at $154.61. If this is broken, then the next support from accumulated volume will be at $143.05 and $132.59.

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 $1.92 between high and low, or 1.13%. For the last week, the stock has had daily average volatility of 1.40%.

Our recommended stop-loss: $165.15 (-3.58%) (This stock has medium daily movements and this gives medium risk. There is a buy signal from a pivot bottom found 31 days ago.)

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

For the upcoming trading day on Monday, 1st we expect WESCO International Inc to open at $171.23, and during the day (based on 14 day Average True Range), to move between $167.27 and $175.29, which gives a possible trading interval of +/-$4.01 (+/-2.34%) up or down from last closing price. If WESCO International Inc takes out the full calculated possible swing range there will be an estimated 4.68% move between the lowest and the highest trading price during the day.

Since the stock is closer to the resistance from accumulated volume at $175.61 (2.53%) than the support at $154.61 (9.73%), 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.

Is WESCO International Inc stock A Buy?

Several short-term signals are positive, despite the stock being in a falling trend, we conclude that the current level may hold a buying opportunity as there is a fair chance for stock to perform well in the short-term.

Current score: 3.737 Buy Candidate Unchanged

Predicted Opening Price for WESCO International Inc of Monday, April 1, 2024

Fair opening price April 1, 2024 Current price
$171.23 ( 0.0300%) $171.28

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

Trading levels for WCC

Fibonacci Support & Resistance Levels

Level Price
Resistance R3 173.14 1.09 %
R2 172.41 0.661 %
R1 171.96 0.397 %
Current price: 171.28
Support S1 170.50 -0.457 %
S2 170.04 -0.721 %
S3 169.31 -1.15 %

Accumulated Volume Support & Resistance Levels

Level Price
Resistance R3 192.53 12.41 %
R2 184.13 7.50 %
R1 175.61 2.53 %
Current price 171.28
Support S1 154.61 -9.73%
S2 143.05 -16.48%
S3 132.59 -22.59%

WCC Dividend Payout History


# Declaration Date Ex-Date Pay Date Amount Yield
1 Feb 29, 2024 Mar 14, 2024 Mar 29, 2024 $0.413 0.241%
2 Nov 30, 2023 Dec 14, 2023 Dec 29, 2023 $0.375 0.216%
3 Aug 31, 2023 Sep 14, 2023 Sep 29, 2023 $0.380 0.264%
4 Jun 01, 2023 Jun 14, 2023 Jun 30, 2023 $0.375 0.209%
5 Mar 03, 2023 Mar 14, 2023 Mar 31, 2023 $0.375 0.243%

FAQ

What is the symbol for WESCO International Inc Stock and on which exchange is it traded?
The symbol for WESCO International Inc is WCC and it is traded on the NYSE (New York Stock Exchange).

Should I buy or sell WESCO International Inc Stock?
Several short-term signals are positive, despite the stock being in a falling trend, we conclude that the current level may hold a buying opportunity as there is a fair chance for stock to perform well in the short-term.

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

What's the current price of WESCO International Inc Stock?
As of the end of day on the 2024-03-28, the price of an WESCO International Inc (WCC) share was $171.28.

What is the 52-week high and low for WESCO International Inc Stock?
The 52-week high for WESCO International Inc Stock is $195.43 and the 52-week low is $121.91.

What is the market capitalization of WESCO International Inc Stock?
As of the 2024-03-28, the market capitalization of WESCO International Inc is 8.727B.

When is the next earnings date for WESCO International Inc?
The upcoming earnings date for WESCO International Inc is May 02, 2024.
Click to get the best stock tips daily for free!

About WESCO International Inc

WESCO International WESCO International, Inc. provides business-to-business distribution, logistics services, and supply chain solutions in the United States, Canada, and internationally. It operates through three segments: Electrical & Electronic Solutions (EES), Communications & Security Solutions (CSS), and Utility and Broadband Solutions (UBS). The EES segment supplies products and supply chain solutions, including electrical equipment and supplies, automation a... WCC Profile

Top Fintech Company

StockInvest.us featured in The Global Fintech Index 2020 as the top Fintech company of the country.

Full report by FINDEXABLE

ROCKIT