Wesco International Stock Technical Analysis

WCC Stock  USD 213.19  3.33  1.59%   
As of the 26th of November, WESCO International maintains the Downside Deviation of 1.8, market risk adjusted performance of 0.1929, and Mean Deviation of 1.81. Compared to fundamental indicators, the technical analysis model lets you check practical technical drivers of WESCO International, as well as the relationship between them.

WESCO International Momentum Analysis

Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as WESCO, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to WESCO
  
WESCO International's Momentum analyses are specifically helpful, as they help investors time the market using mark points where the market can reverse. The reversal spots are usually identified through divergence between price movement and momentum.

WESCO International Analyst Consensus

Target PriceAdvice# of Analysts
192.4Strong Buy13Odds
WESCO International current and past analyst recommendations published by a number of research institutions as well as average analyst consensus.
Most WESCO analysts issue ratings four times a year, at intervals of three months. Ratings are usually accompanied by a target price to helps potential investors understand WESCO stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of WESCO International, talking to its executives and customers, or listening to WESCO conference calls.
WESCO Analyst Advice Details
WESCO International technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
A focus of WESCO International technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of WESCO International trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

WESCO International Technical Analysis

Indicator
Time Period
Execute Indicator
The output start index for this execution was twelve with a total number of output elements of fourty-nine. The Average True Range was developed by J. Welles Wilder in 1970s. It is one of components of the Welles Wilder Directional Movement indicators. The ATR is a measure of WESCO International volatility. High ATR values indicate high volatility, and low values indicate low volatility.

WESCO International Trend Analysis

Use this graph to draw trend lines for WESCO International. You can use it to identify possible trend reversals for WESCO International as well as other signals and approximate when it will take place. Remember, you need at least two touches of the trend line with actual WESCO International price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.

WESCO International Best Fit Change Line

The following chart estimates an ordinary least squares regression model for WESCO International applied against its price change over selected period. The best fit line has a slop of   0.96  , which may imply that WESCO International will maintain its good market sentiment and make money for investors. It has 122 observation points and a regression sum of squares at 34967.09, which is the sum of squared deviations for the predicted WESCO International price change compared to its average price change.

About WESCO International Technical Analysis

The technical analysis module can be used to analyzes prices, returns, volume, basic money flow, and other market information and help investors to determine the real value of WESCO International on a daily or weekly bases. We use both bottom-up as well as top-down valuation methodologies to arrive at the intrinsic value of WESCO International based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on WESCO International price pattern first instead of the macroeconomic environment surrounding WESCO International. By analyzing WESCO International's financials, daily price indicators, and related drivers such as dividends, momentum ratios, and various types of growth rates, we attempt to find the most accurate representation of WESCO International's intrinsic value. As compared to a bottom-up approach, our top-down model examines the macroeconomic factors that affect the industry/economy before zooming in to WESCO International specific price patterns or momentum indicators. Please read more on our technical analysis page.
 2021 2022 2023 (projected)
Dividend Yield0.0086720.0090370.0151
Price To Sales Ratio0.360.30.4

WESCO International November 26, 2024 Technical Indicators

Most technical analysis of WESCO help investors determine whether a current trend will continue and, if not, when it will shift. We provide a combination of tools to recognize potential entry and exit points for WESCO from various momentum indicators to cycle indicators. When you analyze WESCO charts, please remember that the event formation may indicate an entry point for a short seller, and look at different other indicators across different periods to confirm that a breakdown or reversion is likely to occur.

WESCO International November 26, 2024 Daily Trend Indicators

Traders often use several different daily volumes and price technical indicators to supplement a more traditional technical analysis when analyzing securities such as WESCO stock. With literally thousands of different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.

Complementary Tools for WESCO Stock analysis

When running WESCO International's price analysis, check to measure WESCO International's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy WESCO International is operating at the current time. Most of WESCO International's value examination focuses on studying past and present price action to predict the probability of WESCO International's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move WESCO International's price. Additionally, you may evaluate how the addition of WESCO International to your portfolios can decrease your overall portfolio volatility.
My Watchlist Analysis
Analyze my current watchlist and to refresh optimization strategy. Macroaxis watchlist is based on self-learning algorithm to remember stocks you like
Transaction History
View history of all your transactions and understand their impact on performance
Technical Analysis
Check basic technical indicators and analysis based on most latest market data
Investing Opportunities
Build portfolios using our predefined set of ideas and optimize them against your investing preferences
Options Analysis
Analyze and evaluate options and option chains as a potential hedge for your portfolios
Portfolio Comparator
Compare the composition, asset allocations and performance of any two portfolios in your account
Sync Your Broker
Sync your existing holdings, watchlists, positions or portfolios from thousands of online brokerage services, banks, investment account aggregators and robo-advisors.
Positions Ratings
Determine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance
Funds Screener
Find actively-traded funds from around the world traded on over 30 global exchanges