WBI Largecap Growth Shares ETF (WBIE) Stock Technical Analysis
NYSEARCA:WBIE - NYSE Arca -
Taking everything into account, WBIE scores 7 out of 10 in our technical rating. This is due to a decent performance in both the short and longer term time frames. Compared to the overall market however, WBIE is a bad performer.
67% of all other stocks performed better in the past year than WBIE.
The long and short term trends are both positive. This is looking good!
WBIE is currently trading near its 52 week high, which is a good sign. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
In the last month WBIE has a been trading in a tight range between 30.08 and 31.17.
Considerably lower volume is observed in the last couple of days.
Although WBIE has an excellent technical rating, it does not present a decent entry opportunity 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
25.44
31.48
4 important support areas can be observed.
- A support zone ranging from 29.39 to 29.41. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 27.79 to 28.06. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 26.43 to 26.43. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @25.70 from a horizontal line in the weekly time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 30.88 to 31.17. 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 WBIE is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for WBIE is up. |
| ChartMill Relative Strength | 33.62 | NEUTRAL | WBIE is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of WBIE is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of WBIE is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of WBIE is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 57.93 | NEUTRAL | The RSI value for WBIE is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.02 | NEGATIVE | The MACD value suggests WBIE has a negative trend. |
| Stochastics (14,3) | 73.9 | NEUTRAL | The Stochastics value for WBIE is a neutral value. |
| Average True Range in percent/ATR (20) | 0.61 | LOW VOLATILITY | The low ATR as a percentage value for WBIE suggests low volalility. |
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)
WBI Largecap Growth Shares ETF
NYSEARCA:WBIE (5/17/2021, 8:42:01 PM)
30.7818
-0.18 (-0.57%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-0.57%
1 Week-0.58%
2 Weeks0.46%
1 Month1.8%
3 Month5.81%
6 Month11.33%
12 Month17.65%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.19
ATR(20)%0.61%
ATR Inc32.88%
Range Today0.22
ADR(20)N/A
ADR(20)%N/A
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS33.62
Mansfield-0.63
10 Day High31.17
10 Day Low30.15
20 Day High31.17
20 Day Low30.08
52 Week High31.17
52 Week Low25.48
CS1 End29.41
CR1 Start30.88
Volume & EV
DER(3)-1.33%
DER(5)-0.8%
Volume8.80K
Volume Incr-81.81%
Vol(5)3.16K
Vol(50)39.24K