Wisdomtree Battery Value Chain and Innovation Fund (WBAT) Stock Technical Analysis
NYSEARCA:WBAT - NYSE Arca - US97717Y5924 - ETF - Currency: USD
We assign a technical rating of 8 out of 10 to WBAT. Although WBAT is only a medium performer in the overall market, the technical picture looks good in both the medium and short term time frames.
Warning: WBAT has an average volume of 464 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.
WBAT is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so WBAT is lagging the market slightly.
When comparing the performance of all stocks over the past year, WBAT turns out to be only a medium performer in the overall market: it outperformed 47% of all stocks.
In the last month WBAT has a been trading in the 26.83 - 28.70 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
WBAT has an excellent technical rating and also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. A pullback is taking place, which may present a nice opportunity for an entry. Another positive sign is the recent Pocket Pivot signal.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
23.73
29.93
When analyzing the support we can see 3 important areas.
- A support zone ranging from 27.64 to 27.77. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 26.51 to 27.01. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @23.97 from a horizontal line in the weekly time frame.
2 important resistance areas can be observed.
- A resistance zone ranging from 27.96 to 28.32. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 29.07 to 29.63. 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 WBAT is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for WBAT is up. |
| ChartMill Relative Strength | 47.74 | NEUTRAL | WBAT is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of WBAT is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of WBAT is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of WBAT is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 55.51 | NEUTRAL | The RSI value for WBAT is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.05 | NEGATIVE | The MACD value suggests WBAT has a negative trend. |
| Stochastics (14,3) | 56.15 | NEUTRAL | The Stochastics value for WBAT is a neutral value. |
| Average True Range in percent/ATR (20) | 1.28 | LOW VOLATILITY | The low ATR as a percentage value for WBAT suggests low volalility. |
| Average Directional Index/ADX (14) | 16.66 | NEGATIVE | The low ADX value for WBAT suggests a weak or negative 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 |
|---|---|---|---|
| 28.33 | 27.63 | 0.70 (2.47%) | 25.00% |
| An entry @28.33. This is a Buy Stop order right above the resistance zone. | An exit @27.63. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 0.70 points, which is 2.47%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.62%. |
- 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.
Wisdomtree Battery Value Chain and Innovation Fund
NYSEARCA:WBAT (6/20/2025, 8:04:44 PM)
27.95
+0.13 (+0.48%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg0.48%
1 Week-2.13%
2 Weeks3.13%
1 Month2.75%
3 Month0.97%
6 Month2.07%
12 Month4.05%
2 Year-19.78%
3 Year-20.06%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.42
ATR(20)%1.28%
ATR Inc-55.39%
Range Today0.26
ADR(20)0.12
ADR(20)%0.42%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS47.74
Mansfield0.1
10 Day High28.7
10 Day Low27.59
20 Day High28.7
20 Day Low26.83
52 Week High29.69
52 Week Low22.12
CS1 End27.77
CR1 Start27.96
Volume & EV
DER(3)0%
DER(5)0%
Volume1.70K
Volume Incr-31.43%
Vol(5)480
Vol(50)464.06