NYSE:WBC - New York Stock Exchange, Inc. -
Taking everything into account, WBC scores 7 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, WBC is only an average performer.
Although WBC has an excellent technical rating, the quality of the presented setup is not ideal 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.
129.46
When analyzing the support we can see 2 important areas.
We found 1 important resistance area.
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 WBC is up. |
ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for WBC is up. |
ChartMill Relative Strength | 66 | NEUTRAL | WBC is not amongst the best or worst performers on the market. |
Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of WBC is above the rising SMA(20). |
Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of WBC is above the rising SMA(50). |
Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of WBC is above the rising SMA(200). |
Relative Strength Index/RSI (14) | 61.15 | NEUTRAL | The RSI value for WBC is a neutral value. |
Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.08 | POSITIVE | The MACD value suggests WBC has a positive trend, although the MACD value is declining. |
Stochastics (14,3) | 99.22 | OVERBOUGHT | The high Stochastics value suggests WBC may be overbought. |
Average True Range in percent/ATR (20) | 0.38 | LOW VOLATILITY | The low ATR as a percentage value for WBC suggests low volalility. |
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 |
---|---|---|---|
136.52 | 134.73 | 1.79 (1.31%) | 25.00% |
An entry @136.52. This is a Buy Stop order right above the resistance zone. | An exit @134.73. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 1.79 points, which is 1.31%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.33%. |
136.46
-0.02 (-0.01%)