WISDOMTREE MTGE PLUS BOND (MTGP) Stock Technical Analysis
NYSEARCA:MTGP - NYSE Arca - US97717Y7250 - ETF - Currency: USD
Overall MTGP gets a technical rating of 2 out of 10. MTGP scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
66% of all other stocks performed better in the past year than MTGP.
Warning: MTGP has an average volume of 7344 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
The long and short term trends are both neutral. This gives a pretty neutral overall picture!
MTGP is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so MTGP is lagging the market.
In the last month MTGP has a been trading in a tight range between 43.47 and 44.41.
Considerably lower volume is observed in the last couple of days.
Although the technical rating is bad, MTGP does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is a support zone below the current price at 43.76, a Stop Loss order could be placed below this zone.
More info and screens
41.78
46.26
2 important support areas can be observed.
- A support zone ranging from 43.50 to 43.76. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 42.20 to 42.72. This zone is formed by a combination of multiple trend lines in multiple time frames.
We found 1 important resistance area.
- A resistance zone ranging from 43.83 to 45.80. This zone is formed by a combination of multiple trend lines and important moving averages 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 | NEUTRAL | NEUTRAL | The long term trend for MTGP is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for MTGP is neutral. |
| ChartMill Relative Strength | 34.03 | NEUTRAL | MTGP is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of MTGP is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of MTGP is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | MIXED | The current price of MTGP is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 51.49 | NEUTRAL | The RSI value for MTGP is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests MTGP has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 44.62 | NEUTRAL | The Stochastics value for MTGP is a neutral value. |
| Average True Range in percent/ATR (20) | 0.74 | LOW VOLATILITY | The low ATR as a percentage value for MTGP suggests low volalility. |
| Average Directional Index/ADX (14) | 21.83 | NEUTRAL | The ADX value for MTGP suggests a possible start of a new trend. |
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)
NYSEARCA:MTGP (7/25/2025, 8:08:32 PM)
43.815
+0.1 (+0.23%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg0.23%
1 Week0.23%
2 Weeks0.19%
1 Month-0.37%
3 Month0.22%
6 Month1.49%
12 Month0.19%
2 Year1.55%
3 Year-6.48%
5 Year-15.13%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.3
ATR(20)%0.74%
ATR Inc-41.16%
Range Today0.14
ADR(20)0.27
ADR(20)%0.62%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS34.03
Mansfield-0.91
10 Day High44.17
10 Day Low43.47
20 Day High44.41
20 Day Low43.47
52 Week High45.81
52 Week Low42.45
CS1 End43.76
CR1 Start43.83
Volume & EV
DER(3)0.52%
DER(5)0.16%
Volume2.00K
Volume Incr-67.75%
Vol(5)3.48K
Vol(50)7.34K