Share on :

Asset Summary

Daily Performance Report for WAB ETF: Nov 8, 2024

Summary: The day started with WAB ETF opening at $199.85 and closing at $200.69. The ETF showed resilience throughout the day, with the highest price observed at $202.33 and the lowest at $198.11. The underlying asset had a trading range of $4.22 Overall, it was a positive trading day for WAB ETF, reflecting investor optimism and market activity.

Change in Closing Price: There was a net increase of $0.84 or 0.42% in the closing price from the opening to the closing price over the day.

Volume Analysis: Trading volume for WAB ETF was 721,696 units during Nov 8, 2024, indicating active market participation and investor interest.

Opening Price: The day started at $199.85.

Highest Price: The highest price observed during the day was $202.33.

Lowest Price: The lowest price observed during the day was $198.11.

Closing Price: The day ended at $200.69.

Asset Performance Metrics and Risk Characteristics:

Understanding asset performance is crucial for evaluating investment quality and making informed decisions. Metrics like trailing return and drawdown provide insights into how an asset has performed over time, its volatility, and the efficiency of its returns relative to risk. Performance indicators help assess the stability, risk, and reward of an investment, allowing investors and portfolio managers to make comparisons and strategize accordingly.

Asset Technical Analysis

Technical analysis involves evaluating an asset's price and volume data to forecast future movements and make informed trading decisions. By using various technical indicators and chart patterns, investors can gain insights into market trends, price momentum, and potential turning points. This section delves into essential technical metrics, including moving averages, pivot points, and other indicators that provide a snapshot of an asset's current technical stance. Analyzing these indicators helps investors identify entry and exit points, assess market sentiment, and refine their trading strategies. Explore the following technical analysis data to understand the asset's performance dynamics and make better-informed decisions.

Moving Averages

Moving Averages are commonly used to smooth out price data and identify trends over a specific period. Here’s a summary of the latest moving averages for various periods:

  • SMA (Simple Moving Average): Reflects the average price over a specific number of periods.
  • EMA (Exponential Moving Average): Gives more weight to recent prices, making it more responsive to new information.
  • WMA (Weighted Moving Average): Assigns a weight to each price, emphasizing more recent prices.
  • WEMA (Weighted Exponential Moving Average): Combines elements of both WMA and EMA for a more responsive moving average.

Reveal Your WAB Trading Now

Achieve superior trading results with Rank My Trade. Our platform provides expert analysis and actionable insights for WAB, utilizing the latest technology to refine your investment approach. Transform your trading strategy now now and see the impact on your trading success!

Enhance Your Trading Now

Frequently Asked Questions

Wabtec Corporation was founded in 1999.

Wabtec focuses on sustainability by developing energy-efficient technologies and reducing emissions in rail operations.

Wabtec is committed to innovation by investing in research and development to enhance its technology and products for rail systems.

Wabtec’s strategy for growth involves expanding its product offerings, entering new markets, and pursuing strategic acquisitions.

Yes, Wabtec Corporation is publicly traded on the New York Stock Exchange under the ticker symbol WAB.

Wabtec contributes to rail safety by developing advanced signaling systems, train control technology, and safety equipment for rail operations.

Investors can track Wabtec’s financial performance through its investor relations website, which offers access to earnings reports and financial statements.

Wabtec offers a range of products including locomotives, freight car components, train control systems, and aftermarket services.

Challenges include fluctuating demand for rail services, competition in the industry, and supply chain disruptions.

Recent developments include advancements in digital train control systems and partnerships to improve rail safety and efficiency.

Optimize Your WAB Trading Now

Revolutionize your investment in WAB with Rank My Trade Platform’s innovative trading solutions. Benefit from our comprehensive risk management features and sophisticated price analysis tools. Start optimizing your trades today with Rank My Trade Platform now and achieve better trading outcomes!

Disclaimers

The information displayed on this site is sourced from third-party providers and is believed to be reliable. RankMyTrade (RMT) has not independently verified this data and does not guarantee its accuracy. The information and calculations provided by RankMyTrade are for educational and informational purposes only and should not be construed as financial or investment advice.

With any investment, your capital is at risk. The value of your portfolio go down as well as up. Past performance is no guarantee of future results. By using this website, you accept our Terms of Service, Privacy Policy, and Payment Agreement.

Market data is provided in near real-time when available, but we do not guarantee its accuracy or timeliness.

Securities products are: Not FDIC insured · Not bank guaranteed · May lose value

Trademarks and logos are the property of their respective owners and do not represent endorsements of any kind. Unless otherwise noted, RankMyTrade and its affiliates are not partners, affiliates, or licensees of these companies.

Supported Assets & ETFs