Bullish vs. Bearish (3 opinions)
Social Sentiment -0.56
WU Forecast and Technical Stock Analysis
Hold candidate since 2019-12-11 PDF
Western Union Co fell by -0.82% in the last day ( Wednesday, 11th Dec 2019 ) from $26.81 to $26.59 and has now fallen 3 days in a row. During the day the stock fluctuated 1.43% from a day low at $26.51 to a day high of $26.89. The price has been going up and down for this period, and there has been a -2.85% loss for the last 2 weeks. Volume fell in the last day along with the stock, which is actually a good sign as volume should follow the stock. In the last day the trading volume fell by -0.50 million shares and in total 4.41 million shares bought and sold for approximately $117.26 million.
- 30 day high of the WU stock price was $27.78 and low was $26.18.
- 90 day high was $28.00 and low was $21.68.
- 52 week high for Western Union Co - $28.00 and low - $16.42.
Western Union Co has broken the wide and strong rising short-term trend down. This signalize a slower rising rate, but may also be an early warning about a possible trend shift. Due to trend being broken there will now be resistance at the bottom line of the trend at $26.93. A reaction back to this level may hold a second chance to get out before further falls.
Western Union Co holds a sales 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. On further gains, the stock will meet resistance from the short-term moving average at approximately $26.79. On a fall, the stock will find some support from the long-term average at approximately $26.56. A break-up through the short-term average will send a buy signal, whereas a breakdown through the long-term average will send a sales signal. Some negative signals were issued as well, and these may have some influence on the near short-term development. A sales signal was issued from a pivot top point on Monday November 25, 2019, which indicates further falls until a new bottom pivot has been found. Volume fell together with the price during the last trading day and this reduces the overall risk as volume should follow the price movements.
Relative Strength Index (RSI)
RSImin/max Values: [ 25 - 75 ]
RSI14 is 39 and the stock is currently not being overbought or oversold
* Stockinvest.us uses dynamical calculated RSI max/min levels to determine when stock is oversold or overbought based on historical behaviour.
Support & Resistance
Western Union Co finds support from accumulated volume at $26.48.
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 $0.38 (1.43%) between high and low. For the last week, the stock has had daily average volatility of 1.08%.
Our recommended stop-loss: $25.30 (-4.86%) (This stock has low daily movements and this gives low risk. There is a sell signal from pivot top found 11 day(s) ago.)
1.08 %Average volatility
Very Low Low Medium High Very High
Western Union Co holds several positive signals, but we still don't find these to be enough for a buy candidate. At the current level, it should be considered as hold candidate (hold or accumulate) in this position whilst awaiting further development. Due to some small weaknesses in the technical picture we have downgraded our analysis conclusion for this stock since last evaluation from a Buy Candidate to a Hold/Accumulate candidate.
|WU $26.59 ($-0.22 -0.82%)|
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