WESTERN ASSET TOTAL RETURN E (WBND) Stock Technical Analysis
NASDAQ:WBND - Nasdaq - US52468L8101 - ETF - Currency: USD
Taking everything into account, WBND scores 4 out of 10 in our technical rating. In the last year, WBND was a below average performer in the market. There are positive signs in the very recent evolution, but the medium term picture is still mixed.
Although the technical rating is only medium, WBND does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. There is a support zone below the current price at 19.91, a Stop Loss order could be placed below this zone. Very recently a Pocket Pivot signal was observed. This is another positive sign.
- 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
19.15
We found 1 important support area.
- A support zone ranging from 19.34 to 19.91. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
We found 1 important resistance area.
- A resistance zone ranging from 20.23 to 20.96. 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 | NEUTRAL | NEUTRAL | The long term trend for WBND is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for WBND is up. |
| ChartMill Relative Strength | 39.06 | NEUTRAL | WBND is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of WBND is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of WBND is above a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of WBND is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 55.41 | NEUTRAL | The RSI value for WBND is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests WBND has a positive trend. |
| Stochastics (14,3) | 63.83 | NEUTRAL | The Stochastics value for WBND is a neutral value. |
| Average True Range in percent/ATR (20) | 0.44 | LOW VOLATILITY | The low ATR as a percentage value for WBND suggests low volalility. |
| Average Directional Index/ADX (14) | 11.43 | NEGATIVE | The low ADX value for WBND suggests a weak or negative trend. |
NASDAQ:WBND (6/17/2025, 8:25:39 PM)
19.955
+0.05 (+0.28%)