Wisdomtree CBOE Russell 2000 Putwrite Strategy F (RPUT) Stock Technical Analysis
USA - NYSEARCA:RPUT -
Taking everything into account, RPUT scores 6 out of 10 in our technical rating. This is due to a decent performance in both the short and medium term time frames. Compared to the overall market, RPUT is only an average performer.
RPUT has an average technical rating and it also does not offer a high quality setup 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.
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18.84
When analyzing the support we can see 2 important areas.
- A support zone ranging from 20.06 to 20.31. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @19.03 from a horizontal line in the daily time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 20.42 to 20.43. 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 RPUT is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for RPUT is up. |
| ChartMill Relative Strength | 54.2 | NEUTRAL | RPUT is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of RPUT is above a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of RPUT is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of RPUT is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 62.54 | NEUTRAL | The RSI value for RPUT is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.02 | POSITIVE | The MACD value suggests RPUT has a positive trend. |
| Stochastics (14,3) | 99.7 | OVERBOUGHT | The high Stochastics value suggests RPUT may be overbought. |
| Average True Range in percent/ATR (20) | 0.22 | LOW VOLATILITY | The low ATR as a percentage value for RPUT suggests low volalility. |
Wisdomtree CBOE Russell 2000 Putwrite Strategy F
NYSEARCA:RPUT (1/17/2020, 8:24:25 PM)
20.3376
0 (-0.01%)
Wisdomtree CBOE Russell 2000 Putwrite Strategy F / RPUT FAQ
What is the ChartMill technical rating of Wisdomtree CBOE Russell 2000 Putwrite Strategy F (RPUT) stock?
ChartMill assigns a technical rating of 6 / 10 to RPUT.
What is the trend direction for RPUT stock?
The current trend direction for Wisdomtree CBOE Russell 2000 Putwrite Strategy F (RPUT) is Bullish.
What is the RSI signal for Wisdomtree CBOE Russell 2000 Putwrite Strategy F (RPUT) stock?
Wisdomtree CBOE Russell 2000 Putwrite Strategy F (RPUT) has an RSI value of 62.5417. This indicates that the stock is currently neutral.
What is the MACD signal for Wisdomtree CBOE Russell 2000 Putwrite Strategy F (RPUT) stock?
The MACD indicator for Wisdomtree CBOE Russell 2000 Putwrite Strategy F (RPUT) has a value of 0.0208522, indicating a bearish trend.
What is the buy/sell signal for Wisdomtree CBOE Russell 2000 Putwrite Strategy F (RPUT) stock?
The buy/sell signal for Wisdomtree CBOE Russell 2000 Putwrite Strategy F (RPUT) is buy as both the short term and long term trends are positive.