Wisdomtree Middle East Dividend Fund (GULF) Stock Technical Analysis
USA - NASDAQ:GULF -
16.335
+0.13 (+0.8%)
We assign a technical rating of 3 out of 10 to GULF. Recently some decent action could be observed, but in the medium term time frame this is still negative. GULF was also a bad performer in the overall market in the last year.
When comparing the yearly performance of all stocks, GULF is a bad performer in the overall market: 76% of all stocks are doing better.
Warning: GULF has an average volume of 3510 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
The short term trend is positive, while the long term trend is still negative. So this is evolving in the right direction, but it may need some more time to really turn around the trend.
GULF is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so GULF is lagging the market.
In the last month GULF has a been trading in the 15.22 - 17.00 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Considerably lower volume is observed in the last couple of days.
GULF has a poor technical rating and the quality of the setup is also only medium at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
15.34
20.52
2 important support areas can be observed.
- A support zone ranging from 15.92 to 16.31. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 15.49 to 15.60. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
2 important resistance areas can be observed.
- A resistance zone ranging from 16.34 to 16.34. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 19.65 to 20.32. 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 | DOWN | NEGATIVE | The long term trend for GULF is down. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for GULF is up. |
| ChartMill Relative Strength | 24.75 | NEGATIVE | GULF has a low relative strength, it was outperformed by 75.25% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of GULF is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of GULF is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of GULF is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 60.76 | NEUTRAL | The RSI value for GULF is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.06 | POSITIVE | The MACD value suggests GULF has a positive trend. |
| Stochastics (14,3) | 84.19 | OVERBOUGHT | The high Stochastics value suggests GULF may be overbought. |
| Average True Range in percent/ATR (20) | 2.24 | MEDIUM VOLATILITY | The ATR as a percentage value for GULF suggests some volalility. |
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
Wisdomtree Middle East Dividend Fund
NASDAQ:GULF (5/27/2020, 8:00:05 PM)
16.335
+0.13 (+0.8%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg0.8%
1 Week1.44%
2 Weeks4.61%
1 Month4.75%
3 Month-9.14%
6 Month-15.58%
12 Month-20.86%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.29
ATR(20)%2.24%
ATR Inc-34.84%
Range Today0.34
ADR(20)N/A
ADR(20)%N/A
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS24.75
Mansfield-1.49
10 Day High16.5
10 Day Low15.22
20 Day High17
20 Day Low15.22
52 Week High21.33
52 Week Low12.84
CS1 End16.31
CR1 Start16.34
Volume & EV
DER(3)-1.11%
DER(5)2.37%
Volume3.00K
Volume Incr-48.92%
Vol(5)1.66K
Vol(50)3.51K