Technical Analysis for WABC - Westamerica Bancorporation

Grade Last Price % Change Price Change
grade D 57.78 0.89% 0.51
WABC closed up 0.89 percent on Monday, May 21, 2018, on 50 percent of normal volume. The stock exhibited some range contraction during this trading session as price made an NR7 -- narrowest range of the last seven sessions. It ran into resistance at its 50 day moving average. Note that the stock is in overbought territory based on its Slow Stochastic indicator (14, 3, 3) -- sideways movement or a pullback should not be unexpected.

Trend Table & Recent Alerts
ADX Long-Term Intermediate-Term Short-Term
Weak or Absent Up Flat Up
See historical WABC trend table...

Date Alert Name Type % Chg
May 21 50 DMA Resistance Bearish 0.00%
May 21 Non-ADX 1,2,3,4 Bearish Bearish Swing Setup 0.00%
May 21 Bollinger Band Squeeze Range Contraction 0.00%
May 21 NR7 Range Contraction 0.00%
May 21 BB Squeeze + Upper Band Touch Range Contraction 0.00%
May 21 Overbought Stochastic Strength 0.00%
May 21 Upper Bollinger Band Touch Strength 0.00%
May 18 50 DMA Resistance Bearish 0.89%
May 18 Non-ADX 1,2,3,4 Bearish Bearish Swing Setup 0.89%
May 18 Bollinger Band Squeeze Range Contraction 0.89%

Older signals for WABC ...

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Profile
Westamerica Bancorporation operates as the bank holding company for Westamerica Bank that provides a range of banking services to corporate and individual customers. Its deposit products include retail savings and checking accounts; non interest bearing demand deposits; interest bearing transaction, savings, and time deposits; and certificates of deposit. The company's loan portfolio comprises commercial and residential real estate loans, commercial loans, construction loans, and consumer and other installment loans. It operates through 95 branch offices in 21 counties in northern and central California. The company was formerly known as Independent Bankshares Corporation and changed its name to Westamerica Bancorporation in 1983. Westamerica Bancorporation was founded in 1972 and is headquartered in San Rafael, California.
Is WABC a Buy, Sell or Hold?
Indicator Bull Case Neutral / Hold Bear Case
50 DMA
200 DMA
ADX Trend
Oversold / Overbought
Relative Strength
Summary: Counts: 1 bullish, 1 bearish and 3 neutral indicators. You may wish to incorporate that into your trading strategies.
Indicators
Indicator Value
52 Week High 63.8312
52 Week Low 48.7134
Average Volume 123,209
200-Day Moving Average 57.1414
50-Day Moving Average 57.8406
20-Day Moving Average 56.8205
10-Day Moving Average 57.122
Average True Range 1.1429
ADX 11.81
+DI 16.06
-DI 12.56
Chandelier Exit (Long, 3 ATRs ) 55.2213
Chandelier Exit (Short, 3 ATRs ) 58.0187
Upper Bollinger Band 57.9565
Lower Bollinger Band 55.6845
Percent B (%b) 0.92
BandWidth 3.998557
MACD Line -0.0447
MACD Signal Line -0.2339
MACD Histogram 0.1892
Fundamentals Value
Market Cap 1.52 Billion
Num Shares 26.3 Million
EPS 2.33
Price-to-Earnings (P/E) Ratio 24.80
Price-to-Sales 8.49
Price-to-Book 2.61
PEG Ratio 8.50
Dividend 1.56
Dividend Yield 2.70%
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 58.85
Resistance 3 (R3) 58.83 58.46 58.67
Resistance 2 (R2) 58.46 58.19 58.47 58.61
Resistance 1 (R1) 58.12 58.02 58.29 58.14 58.55
Pivot Point 57.75 57.75 57.84 57.76 57.75
Support 1 (S1) 57.41 57.48 57.58 57.43 57.01
Support 2 (S2) 57.04 57.31 57.05 56.95
Support 3 (S3) 56.70 57.04 56.89
Support 4 (S4) 56.72