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WAB Stock Forecast & Westinghouse Air Brake Chart Analysis

This article provides a detailed analysis of WAB-Westinghouse Air Brake stock including a forecast for WAB shares. It features Westinghouse Air Brake Technologies Corporation technical analysis, support and resistance levels, financial report evaluations, buy and sell signals based on simple moving averages and MACD, and artificial intelligence-assisted target price predictions

Stocks can be purchased through banks, brokerage firms, investment funds, and individual retirement systems.

WAB Historical Data Review

WAB Current Price Performance Analysis

The Westinghouse Air Brake - WAB stock traded on the American stock market, on 06-05-2024, closed at 165.72$ with a %0.56 increased compared to the previous day.

In the last month, the price of WAB changed by %1.66 increased in value, from 163.02 dollars on 05-06-2024 to 165.72 dollars, increased.

Last year, the price of WAB was 97.78 dollars on 06-06-2023, and changed by %69.48 increased in value, to 165.72 dollars increased within a year.

The price of Westinghouse Air Brake stock is riding high above the 50-day and 100-day moving averages. This means it's on a positive run for now, great news for those who got in early. But let's not take our eyes off the ball; no stock climbs forever.

WAB with AI Stock Forecast & Price Target

WAB stock forecast Westinghouse Air Brake price target

On the WAB chart Westinghouse Air Brake price was recorded as 165.72 Dollars on 06/05/2024.

The artificial intelligence's forecast on WAB stock is as follows.

The artificial intelligence's prediction error margin for WAB stock is moderately high.

There are two types of risk factors in the artificial intelligence's targets: timing and target prices.

For example, the target price for one month later may be realized three months later. But there is no guarantee of this.

The average predicted price for Westinghouse Air Brake stock over the next 4 months is: 168.1 Dollars.

The commentary on WAB stock Target Price: Highest: 175.261 Dollars is predicted.

The commentary on WAB stock Target Price: Lowest: 159.755 Dollars is predicted.

Resistance Price where Westinghouse Air Brake stock will Rise and Fall:

Date Price Prediction
07-05-2024 171.007
10-03-2024 168.816
01-01-2025 174.929
01-16-2025 174.948
03-12-2025 163.941

Support Price where Westinghouse Air Brake stock will Fall and Rise:

Date Price Prediction
09-03-2024 161.842
11-07-2024 159.755
01-06-2025 174.896
03-07-2025 163.599
03-17-2025 163.800

The commentary on WAB stock: Fluctuations in the target price can be expected in the coming days.

The target price for Westinghouse Air Brake stock by the end of 2024 is predicted to be 174.864 Dollars.

The price prediction graph prepared with the help of artificial intelligence, the commentary on WAB stock, and the 2024 target price predictions for Westinghouse Air Brake are detailed above.

The technical analysis and charts for the commentary on WAB stock are below.

WAB Support & Resistance and Trend Analysis

WAB review Westinghouse Air Brake technical analysis trend chart WAB priceWAB stock support and resistance price chart

WAB stock you have reviewed the technical analysis support resistance charts regarding.

WAB : Targeting Support and Resistance Price Levels

According to the algorithmic analysis results related to the WAB review, the Westinghouse Air Brake support and resistance prices are as follows.

Support and resistance levels on the chart are not absolute. They may vary depending on market conditions and macroeconomic indicators.

Westinghouse Air Brake Support and Resistance Prices:

WAB Support Level Price WAB Resistance Level Price
114.45 120.53
117.66 127.15
123.76 128.48
131.33 138.97
139.12 143.51
143.22 145.42
159.48 151.00
168.58
170.83

WAB Technical Analysis: SMA, RSI, MACD

WAB review Westinghouse Air Brake SMA chart analysis WAB priceWAB buy or sell review Westinghouse Air Brake MACD chart analysis WAB price

Upon reviewing the WAB chart, buy and sell signals have been generated in the Westinghouse Air Brake technical analysis with technical indicators. There are over 100 technical indicators in the market. Each technical indicator can produce different signals.

However, please remember that technical analysis is only a tool and exact results cannot be guaranteed.

On The technical analysis chart and stock comments for WAB stock are as follows:
  1. The technical analysis for WAB indicates that the MACD indicator (with parameters 9, 12, 26) has most recently generated a 'Buy' signal.
  2. The technical analysis for Westinghouse Air Brake issued a 'Buy' signal when the MACD was at 4.913, with the current MACD value being: 2.22

Basic Technical Analysis Tips for Financial Markets

  • Moving averages may not yield reliable results in stagnant, sideways markets.
  • According to MACD technical analysis, the most optimal buying opportunity is a 'Buy' signal given when the MACD is below the 0 level.
  • An RSI crossing below 70 is used as a sell signal, and a crossing above 30 is used as a buy signal.
  • During a strong upward trend, the RSI can rise above 70 and stay there.
  • No indicator is perfect. Having indicators corroborate each other can increase the chances of success.
  • Instead of fully relying on these indicators for your investment decisions, it is recommended to conduct a comprehensive analysis and consult a professional financial advisor.

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