Willis Towers Watson Jumps 3.10% As Technicals Signal Bullish Momentum

Willis Towers Watson (WTW) closed at $340.45 on September 11, 2025, gaining 3.10% and extending its winning streak to two consecutive sessions with a combined increase of 3.33%. This recent momentum warrants a comprehensive technical examination across multiple frameworks.
Candlestick Theory
Recent sessions show a bullish engulfing pattern emerging near the $320-$325 support zone established in early August 2025. The stock rejected downside moves below $326 twice in September, confirming this area as strong support. Resistance is evident near the $340-$342 range, where the price stalled in April 2025 and again on September 11. A sustained close above $342 would signal a breakout, while failure here may trigger consolidation.
Moving Average Theory
The 50-day moving average ($332) recently crossed above the 200-day MA ($305), forming a "golden cross" that typically signals long-term bullish momentum. Price currently trades above all key moving averages (50-day, 100-day at $320, and 200-day), confirming an uptrend. The sequence displays healthy alignment with shorter averages above longer ones, though the proximity to the 50-day MA warrants monitoring for potential mean reversion.
MACD & KDJ Indicators
MACD shows a bullish crossover in late August with the histogram expanding positively, supporting the near-term uptrend. Meanwhile, KDJ readings are elevated with the K-line at 84 and D-line at 76, approaching overbought territory. While MACD suggests upward momentum persists, KDJ indicates potential short-term exhaustion. This divergence advises caution against aggressive new longs at current levels.
Bollinger Bands
Price touched the upper band ($341) on September 11 during a period of expanding volatility, typically signaling strong directional momentum. Bandwidth had contracted significantly through late August, preceding the recent volatility expansion. Current upper band proximity hints at near-term resistance, though sustained trading above the midline ($330) maintains a bullish bias.
Volume-Price Relationship
Recent gains occurred on above-average volume (562,844 shares vs. 30-day avg ~550,000), validating buyer conviction. Notably, the August 28 decline to support at $326 occurred on the highest volume in two months (958,926 shares), confirming accumulation at that level. This volume profile generally supports the sustainability of the current uptrend.
Relative Strength Index (RSI)
The 14-day RSI reads 65, approaching overbought territory (>70) but not yet indicating exhaustion. While elevated, it lacks bearish divergence; RSI has trended upward alongside price. Historically, reversals occurred near RSI 72 (April 2025 peak). Current levels warrant vigilance but don't yet constitute a standalone reversal signal.
Fibonacci Retracement
Applying Fib levels between the March 2024 low ($286) and April 2025 high ($342) shows confluence with key technical zones. The 38.2% retracement ($320.50) aligned perfectly with the August 2025 low, which triggered the current rebound. The 61.8% level ($327) now serves as immediate support, while the prior high near $342 remains the critical resistance to overcome for continuation toward record highs.
Confluence & Divergence Summary
Bullish confluence appears at the $325-$327 support zone, reinforced by the 61.8% Fibonacci level, the 100-day MA, and volume-backed reversals. The breach above the mid-September swing high ($338) supports continuation. However, caution is warranted given the MACD/KDJ divergence and resistance at $340-$342. A decisive close above $342 on strong volume may extend gains toward the $350 psychological area, while failure to hold $327 would invalidate the near-term bullish structure.