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(WES) Western Midstream complete technical analysis [charts+indicators] | Buy/Sell Western Midstream | (WES) share price targets

Complete technical analysis of Western Midstream (WES) by charts plus indicators, forecast predictions and share price targets for Western Midstream (WES)

Western Midstream trades in USA in Public Utilities sector.

Showing technical analysis as on 2024-08-09 View latest technical analysis

10 day averaged volume of Western Midstream is 1475148

Date	Daily Closing Price	Open	High	Low	Volume
09 Fri Aug 2024	39.58	39.79	40.27	39.00	1.112 times
08 Thu Aug 2024	39.51	38.95	40.07	38.32	2.449 times
07 Wed Aug 2024	39.07	39.61	40.21	39.01	1.379 times
06 Tue Aug 2024	38.93	37.99	39.32	37.88	0.972 times
05 Mon Aug 2024	37.65	37.12	38.23	36.76	0.731 times
02 Fri Aug 2024	38.80	39.15	39.29	37.51	0.863 times
01 Thu Aug 2024	39.54	40.30	40.37	38.91	0.8 times
31 Wed Jul 2024	40.92	41.29	41.57	40.83	0.694 times
30 Tue Jul 2024	40.70	40.73	40.79	40.19	0.6 times
29 Mon Jul 2024	40.37	40.25	40.50	39.31	0.636 times

My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 39.1 as stoploss in an intra day buy trade for a target of 40.49. However, stock will show a bearish move below 39.1.

Share price targets for Western Midstream (WES)

Target Type	Value
Downside Target	33.64
Downside Target	36.15
Downside Target	38.79
Upside Target	40.37
Upside Target	40.45
Upside Target	40.92
Upside Target	41.57
Upside Target	41.68
Upside Target	42.75
Upside Target	42.80

Intraday share price targets for Western Midstream (WES)

Target Type	Value
Downside Intraday Target	37.47
Downside Intraday Target	35.36
Upside Intraday Target	40.98
Upside Intraday Target	42.38
Downside Intraday Target	38.87

Weekly technical analysis of Western Midstream (WES)

Date	Weekly Closing Price	Open	High	Low	Volume
09 Fri Aug 2024	39.58	37.12	40.27	36.76	1.849 times
02 Fri Aug 2024	38.80	40.25	41.57	37.51	0.999 times
26 Fri Jul 2024	39.81	42.43	42.80	39.44	1.174 times
19 Fri Jul 2024	42.06	41.26	42.75	40.92	0.923 times
12 Fri Jul 2024	40.96	41.24	41.68	40.45	4.725 times

Price has moved up this week, and volume has increased substantially. This means that the move can continue in coming weeks.

Monthly technical analysis of Western Midstream (WES)

Date	Monthly Closing Price	Open	High	Low	Volume
09 Fri Aug 2024	39.58	40.30	40.37	36.76	0.598 times
31 Wed Jul 2024	40.92	40.00	42.80	39.31	0.944 times
28 Fri Jun 2024	39.73	37.57	39.95	36.15	0.744 times
31 Fri May 2024	37.32	34.24	38.79	34.13	1.464 times

Scroll below to view daily charts

Price has moved down this month, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming months.

Indicators analysis of Western Midstream (WES)

Price action analysis of Western Midstream ( (WES) ) based on a short term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

Price action analysis of Western Midstream ( (WES) ) based on a short term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

Price action analysis of Western Midstream ( (WES) ) based on a short to mid term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

Price action analysis of Western Midstream ( (WES) ) based on a mid to longer term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

ADX buy sell signal for Western Midstream stock for short term is SELL. Signal strength is Weak and stock is losing momentum.

MACD generated a SELL signal for Western Midstream in short term and the sell signal is strong.

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

Western Midstream Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bulls are getting stronger in this stock.

Ichimoku cloud is of red color and prices are in or above the red cloud Prices appear to be moving up

CCI has generated a buy signal for Western Midstream in short term and BUY signal is strong.

RSI is generating a SELL signal in short term and selling is picking up momentum.

MRSI is in negative zone. This is the SELL zone

Although the stock is in the SELL zone, but selling might be slowing down

Stock of Western Midstream is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 39.43 and Western Midstream (WES) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is falling down

People seem to be coming out and selling the Western Midstream (WES) stock. Volume based technical analysis of Western Midstream (WES) stock is negative.

Western Midstream Stock has given negative returns over a short term period. Returns for a longer term period have been negative.

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.