WMB closes lower for the 3rd day in a row

Williams Cos. (WMB) Technical Analysis Report for Sep 14, 2018

Highlights

WMB breaks below 100-day moving average
WMB closes lower for the 3rd day in a row
WMB falls to lowest close since July 18th
WMB closes within previous day's range after lackluster session
WMB ends the day indecisive

TQ Sentiment

Report Sentiment: 20% Bearish
Technical Forecast:

Overview

Moving lower for the 3rd day in a row, WMB finished the week -1.71% lower at 28.09 after losing $0.10 (-0.35%) today. Today's closing price of 28.09 marks the lowest close since July 18th. Closing within the prior day's range, prices failed to decisively move past the previous day's trading range in a lackluster session. Ending the day with an indecisive close, neither buyers nor sellers were able to gain control during the session.

Daily chart for WMB

Volatility

Friday's trading range was $0.40 (1.42%), that's below last trading month's daily average range of $0.49. Things look different on a weekly scale, where volatility is slightly below the markets average with the monthly volatility being slightly below average.

Trend

While the share is currently in a short-term down trend, this could just be a correction, as the medium and long term trends are both positive. The market broke below the 100-day moving average at 28.11 today for the first time since July 2nd.

Conclusion

While classical technical analysis indicates a neutral sentiment for the next trading day, our quantitative statistics show a different picture being bullish.

Market Conditions for Williams Cos.

Loading Market Conditions for $WMB (Williams Cos.)...
Trending Assets

Upgrade your trading!

Get the stats behind the charts

Find out what happened when Williams Cos. traded like this in the past. See the odds for each technical pattern with expected gain and loss.

Find out more
Top Market Movers

Related Stocks

ANDV 10 day candlestick chart for ANDV 154.73 2.17 (1.42%)
APA 10 day candlestick chart for APA 45.96 0.29 (0.63%)
APC 10 day candlestick chart for APC 64.64 0.78 (1.22%)
AR 10 day candlestick chart for AR 19.08 -0.71 (-3.59%)
AXAS 10 day candlestick chart for AXAS 2.40 0.05 (2.13%)
BHGE 10 day candlestick chart for BHGE 32.90 0.44 (1.36%)
CDEV 10 day candlestick chart for CDEV 20.83 0.35 (1.71%)
CHK 10 day candlestick chart for CHK 4.44 0.03 (0.68%)
CLR 10 day candlestick chart for CLR 62.23 0.48 (0.78%)
CNX 10 day candlestick chart for CNX 14.61 -0.09 (-0.61%)
You have free reports remaining. Subscribe for unlimited access...SUBSCRIBELOGINGO!