WISDOMTREE PUTWRITE STRATEGY (PUTW) Stock Technical Analysis
USA - NYSEARCA:PUTW - US97717X5602 - ETF
30.1494 USD
-1.15 (-3.68%)
Taking everything into account, PUTW scores 0 out of 10 in our technical rating. PUTW scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
When comparing the yearly performance of all stocks, PUTW is a bad performer in the overall market: 62% of all stocks are doing better.
PUTW is currently making a new 52 week low. This is a very bad signal. Certainly because the S&P500 Index is trading near new highs.
In the last month PUTW has a been trading in the 30.13 - 32.10 range, which is quite wide. It is currently trading near the lows of this range.
Considerably lower volume is observed in the last couple of days.
The technical rating of PUTW 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
29.85
34.61
When analyzing the resistance we notice 3 important areas.
- A resistance zone ranging from 31.31 to 31.43. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A resistance zone ranging from 33.30 to 33.34. This zone is formed by a combination of multiple trend lines in the daily time frame.
- A resistance zone ranging from 34.02 to 34.27. 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 PUTW is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for PUTW is down. |
| ChartMill Relative Strength | 38.03 | NEUTRAL | PUTW is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of PUTW is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of PUTW is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of PUTW is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 30.37 | NEUTRAL | The RSI value for PUTW is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.03 | NEGATIVE | The MACD value suggests PUTW has a negative trend. |
| Stochastics (14,3) | 28.29 | NEUTRAL | The Stochastics value for PUTW is a neutral value. |
| Average True Range in percent/ATR (20) | 1.69 | LOW VOLATILITY | The low ATR as a percentage value for PUTW suggests low volalility. |
| Average Directional Index/ADX (14) | 31.53 | POSITIVE | The high ADX value value for PUTW suggests a strong 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:PUTW (4/3/2025, 8:04:01 PM)
30.1494
-1.15 (-3.68%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-3.68%
1 Week-3.77%
2 Weeks-4.44%
1 Month-5.37%
3 Month-9.6%
6 Month-8.97%
12 Month-9.12%
2 Year-3.91%
3 Year-10.42%
5 Year26.57%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.43
ATR(20)%1.69%
ATR Inc102.34%
Range Today0.97
ADR(20)0.45
ADR(20)%1.5%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS38.03
Mansfield-0.77
10 Day High32.1
10 Day Low30.13
20 Day High32.1
20 Day Low30.13
52 Week High34.43
52 Week Low30.13
CS1 EndN/A
CR1 Start31.31
Volume & EV
DER(3)0.16%
DER(5)-1.17%
Volume40.40K
Volume Incr-21.48%
Vol(5)57.66K
Vol(50)89.62K