WisdomTree Australia Dividend (AUSE) Stock Technical Analysis
USA - NYSEARCA:AUSE -
We assign a technical rating of 7 out of 10 to AUSE. Although AUSE is a bad performer in the overall market, the technical picture looks good in both the medium and short term time frames.
AUSE has an excellent technical rating and also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. A pullback is taking place, which may present a nice opportunity for an entry. There is a resistance zone just above the current price starting at 54.11. Right above this resistance zone may be a good entry point.
More info and screens
45.53
We found 1 important support area.
- A support zone ranging from 45.99 to 46.35. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 54.11 to 54.41. This zone is formed by a combination of multiple trend lines in the daily time frame.
- A resistance zone ranging from 62.00 to 62.00. This zone is formed by a combination of multiple trend lines in multiple time frames.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | UP | POSITIVE | The long term trend for AUSE is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for AUSE is up. |
| ChartMill Relative Strength | 35.65 | NEUTRAL | AUSE is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of AUSE is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of AUSE is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | MIXED | The current price of AUSE is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 61.88 | NEUTRAL | The RSI value for AUSE is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.1 | NEGATIVE | The MACD value suggests AUSE has a negative trend. |
| Stochastics (14,3) | 63.06 | NEUTRAL | The Stochastics value for AUSE is a neutral value. |
| Average True Range in percent/ATR (20) | 0.67 | LOW VOLATILITY | The low ATR as a percentage value for AUSE suggests low volalility. |
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 54.42 | 53.62 | 0.80 (1.48%) | 25.00% |
| An entry @54.42. This is a Buy Stop order right above the resistance zone. | An exit @53.62. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 0.80 points, which is 1.48%. | For a 0.37% total portfolio risk, you can invest 25.00% of your capital in this trade. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
NYSEARCA:AUSE (3/14/2019, 8:04:03 PM)
54.0152
-0.03 (-0.05%)