WRK declines to lowest close since August 24, 2017
Moving lower for the 3rd day in a row, WRK finished the week -1.47% lower at 55.00 after losing $0.56 (-1.01%) today. Today's closing price of 55.00 marks the lowest close since August 24, 2017. Closing below Thursday's low at 55.45, Westrock Co confirms its breakout through the previous session's low having traded $0.87 below it intraday. Ending the day with an indecisive close, neither buyers nor sellers were able to gain control during the session.
Friday's trading range was $0.83 (1.5%), that's slightly below last trading month's daily average range of $1.08. Things look different on a weekly scale, where volatility is slightly below the markets average with the monthly volatility being above average.
The trend is clearly bearish, showing an intact downtrend in the short, medium and long-term.
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 Westrock Co
|Close to S1 Support||TQ Pro Members Only|
|Close to Swing High||TQ Pro Members Only|
|High close to previous High||TQ Pro Members Only|
|Close near low of period||TQ Pro Members Only|
|Bearish Spinning Top||TQ Pro Members Only|
More market conditions identified for TQ Pro members...
Learn more about TQ Pro