Let's check out the charts of WDFC.
In the daily bar chart of WDFC, below, we can see that the rally stalled out back in February and March and then a gap lower in April as the slope of the 50-day moving average line turns negative. Support around the March low is quickly broken. Prices slump further and close below the 200-day moving average line by late April. This month we can see a rally failure at the underside of the cresting 200-day line.
The On-Balance-Volume (OBV) line turns down quickly in April as sellers become more aggressive. The Moving Average Convergence Divergence (MACD) oscillator has crossed upward this month for a cover shorts buy signal but it remains far below the zero line.