Advanced Drainage Systems Inc (WMS): Price Up $0.69 (0.65)% Over Past Day, Down $-0.36 (-0.34)% Over Past Hour

The Hourly View for WMS

At the time of this writing, WMS (Get Ratings)’s price is down $-0.36 (-0.34%) from the hour prior. This is a reversal of the price action on the previous hour, in which price moved up. If you’re a trend trader, consider that the strongest clear trend on the hourly chart exists on the 100 hour timeframe. The moving averages on the hourly timeframe suggest a bearishness in price, as the 20, 50, 100 and 200 are all in a bearish alignment — meaning the shorter duration moving averages are below the longer duration averages, implying a stable downward trend.

WMS ranks 12th in terms of today’s price percentage change out of Rubber and Plastic Products stocks.

WMS’s Technical Outlook on the Daily Chart

At the time of this writing, WMS’s price is up $0.69 (0.65%) from the day prior. This is the 2nd day in a row WMS has seen its price head up. Regarding the trend, note that the strongest trend exists on the 50 day timeframe. The moving averages on the daily timeframe suggest a choppiness in price, as the 20, 50, 100 and 200 are all in a mixed alignment — meaning the trend across timeframes is inconsistent, indicating a potential opportunity for rangebound traders. Advanced Drainage Systems Inc’s price action over the past 90 days can be seen via the chart below.



WMS: Daily RSI Analysis

  • WMS’s RSI now stands at 12.531.
  • WMS and RSI may be exhibiting divergent trends. This may be something to monitor.

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