WISDOMTREE EUROPE HEDGED EQU (HEDJ) Technical Analysis
NYSEARCA:HEDJ • US97717X7012
Current stock price
HEDJ Technical Rating and Analysis
Taking everything into account, HEDJ scores 0 out of 10 in our technical rating. HEDJ scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
- 61% of all other stocks performed better in the past year than HEDJ.
- In the last month HEDJ has a been trading in the 49.82 - 56.81 range, which is quite wide. It is currently trading near the lows of this range.
- The long term trend is neutral, but the short term trend is negative. Better to stay away from this!
- HEDJ is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so HEDJ is lagging the market slightly.
HEDJ Weekly and Daily overview Charts
HEDJ Setup Rating and Analysis
The technical rating of HEDJ is bad and it also does not present a quality setup at the moment. Prices have been extended to the downside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
HEDJ Support and Resistance Analysis
42.00
When analyzing the support we can see 3 important areas.
- A support zone ranging from 49.24 to 49.81. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @45.24 from a trend line in the weekly time frame.
- Support @42.42 from a horizontal line in the weekly time frame.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 53.27 to 54.38. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 56.32 to 56.56. This zone is formed by a combination of multiple trend lines in multiple time frames.
HEDJ Technical Indicator Signal Analysis
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 | NEUTRAL | NEUTRAL | The long term trend for HEDJ is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for HEDJ is down. |
| ChartMill Relative Strength | 39.62 | NEUTRAL | HEDJ is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of HEDJ is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of HEDJ is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | MIXED | The current price of HEDJ is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 23.48 | OVERSOLD | The low RSI value suggests HEDJ may be oversold. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.36 | NEGATIVE | The MACD value suggests HEDJ has a negative trend. |
| Stochastics (14,3) | 4.41 | OVERSOLD | The low Stochastics value suggests HEDJ may be oversold. |
| Average True Range in percent/ATR (20) | 1.74 | LOW VOLATILITY | The low ATR as a percentage value for HEDJ suggests low volalility. |
| Average Directional Index/ADX (14) | 32.1 | POSITIVE | The high ADX value value for HEDJ suggests a strong trend. |
HEDJ Chart- and CandleStick Pattern Analysis
HEDJ Technicals: Chart, Performance Metrics, Trend & Indicators
49.82
-1.55 (-3.02%)
WISDOMTREE EUROPE HEDGED EQU / HEDJ TA FAQ
Can you provide the ChartMill technical rating for WISDOMTREE EUROPE HEDGED EQU?
ChartMill assigns a technical rating of 0 / 10 to HEDJ.
What is the trend direction for HEDJ stock?
The current trend direction for WISDOMTREE EUROPE HEDGED EQU (HEDJ) is Bearish.
What is the RSI signal for HEDJ stock?
WISDOMTREE EUROPE HEDGED EQU (HEDJ) has an RSI value of 23.4819. This indicates that the stock is currently oversold.
What is the MACD signal for HEDJ stock?
The MACD indicator for WISDOMTREE EUROPE HEDGED EQU (HEDJ) has a value of -0.355168, indicating a bearish trend.
What is the short term momentum for WISDOMTREE EUROPE HEDGED EQU (HEDJ) stock?
The short term momentum for WISDOMTREE EUROPE HEDGED EQU (HEDJ) is negative.