Wisdomtree CBOE Russell 2000 Putwrite Strategy F (RPUT) Technical Analysis
NYSEARCA:RPUT
Current stock price
RPUT Technical Rating and Analysis
Overall RPUT gets a technical rating of 6 out of 10. Although RPUT is only a medium performer in the overall market, the technical picture looks good in both the medium and short term time frames.
- Warning: RPUT has an average volume of 206 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
- Both the short term and long term trends are positive. This is a very positive sign.
- RPUT is currently trading near its 52 week high, which is a good sign. The S&P500 Index is trading in the upper part of its 52 week range, but not near new highs, so RPUT is leading the market.
- When compared to the yearly performance of all other stocks, RPUT outperforms 54% of them, which is more or less in line with the market.
- In the last month RPUT has a been trading in a tight range between 20.07 and 20.42.
- Volume is considerably higher in the last couple of days.
RPUT Weekly and Daily overview Charts
RPUT Setup Rating and Analysis
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.
More info and screens
RPUT Support and Resistance Analysis
18.84
We found 2 important support 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.
RPUT 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 | 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. |
RPUT Chart- and CandleStick Pattern Analysis
RPUT Technicals: Chart, Performance Metrics, Trend & Indicators
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 TA 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 current trend direction of Wisdomtree CBOE Russell 2000 Putwrite Strategy F (RPUT) stock?
The current trend direction for Wisdomtree CBOE Russell 2000 Putwrite Strategy F (RPUT) is Bullish.
Can you provide the RSI signal for Wisdomtree CBOE Russell 2000 Putwrite Strategy F?
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 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 support and resistance level for RPUT stock?
Wisdomtree CBOE Russell 2000 Putwrite Strategy F (RPUT) has a support level at 20.31 and a resistance level at 20.42. Check the full technical report for our detailed analysis of RPUT support and resistance levels.