US GL TECH AEROSPACE DEFENSE (WAR) Stock Technical Analysis
NYSEARCA:WAR - NYSE Arca - US26922B4106 - ETF - Currency: USD
We assign a technical rating of 7 out of 10 to WAR. Although WAR is a bad performer in the overall market, the technical picture looks good in both the medium and short term time frames.
100% of all other stocks performed better in the past year than WAR.
Warning: WAR has an average volume of 7897 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 positive. This is looking good!
WAR is currently showing a bull flag pattern! A bull flag pattern occurs when prices pull back slightly after a strong rise up. This may be a nice opportunity for an entry.
Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.
Besides having an excellent technical rating, WAR also presents a decent setup pattern. Prices have been consolidating lately. There is a support zone below the current price at 22.86, a Stop Loss order could be placed below this zone.
More info and screens
22.57
23.60
We found 1 important support area.
- A support zone ranging from 22.80 to 22.86. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 23.04 to 23.37. 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 | UP | POSITIVE | The long term trend for WAR is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for WAR is up. |
| ChartMill Relative Strength | 0 | NEGATIVE | WAR has a low relative strength, it was outperformed by 100% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of WAR is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of WAR is above the rising SMA(50). |
| Relative Strength Index/RSI (14) | 61.64 | NEUTRAL | The RSI value for WAR is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.11 | NEGATIVE | The MACD value suggests WAR has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 51.35 | NEUTRAL | The Stochastics value for WAR is a neutral value. |
| Average True Range in percent/ATR (20) | 1.53 | LOW VOLATILITY | The low ATR as a percentage value for WAR suggests low volalility. |
| Average Directional Index/ADX (14) | 39.43 | POSITIVE | The high ADX value value for WAR 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)
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 23.38 | 22.79 | 0.59 (2.52%) | 25.00% |
| An entry @23.38. This is a Buy Stop order right above the resistance zone. | An exit @22.79. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 0.59 points, which is 2.52%. | For a 0.63% total portfolio risk, you can invest 25.00% of your capital in this trade. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
23.0379
+0.24 (+1.03%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg1.03%
1 Week0.64%
2 Weeks-1.01%
1 Month5.22%
3 Month18.41%
6 MonthN/A
12 MonthN/A
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.34
ATR(20)%1.53%
ATR Inc10.14%
Range Today0.32
ADR(20)0.29
ADR(20)%1.25%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS0
Mansfield-30
10 Day High23.6
10 Day Low22.72
20 Day High23.6
20 Day Low21.54
52 Week HighN/A
52 Week LowN/A
CS1 End22.86
CR1 Start23.04
Volume & EV
DER(3)-1.16%
DER(5)-0.29%
Volume20.30K
Volume Incr78.65%
Vol(5)19.50K
Vol(50)7.90K