WISDOMTREE CYBERSECURITY FND (WCBR) Stock Technical Analysis
NASDAQ:WCBR - Nasdaq - US97717Y6591 - ETF - Currency: USD
We assign a technical rating of 10 out of 10 to WCBR. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, WCBR is showing a nice and steady performance.
Warning: WCBR has an average volume of 18066 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.
When comparing the yearly performance of all stocks, we notice that WCBR is one of the better performing stocks in the market, outperforming 84% of all stocks.
WCBR 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 WCBR is lagging the market slightly.
In the last month WCBR has a been trading in the 29.41 - 31.81 range, which is quite wide. It is currently trading near the high of this range.
Considerably lower volume is observed in the last couple of days.
Besides having an excellent technical rating, WCBR 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. There is a support zone below the current price at 31.03, a Stop Loss order could be placed below this zone. 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
23.57
32.95
4 important support areas can be observed.
- A support zone ranging from 29.58 to 31.03. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @25.29 from a trend line in the weekly time frame.
- Support @24.84 from a horizontal line in the daily time frame.
- Support @23.81 from a horizontal line in the daily time frame.
We found 1 important resistance area.
- A resistance zone ranging from 32.53 to 32.62. 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 WCBR is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for WCBR is up. |
| ChartMill Relative Strength | 84.45 | POSITIVE | WCBR has a high relative strength, it outperformed 84.45% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of WCBR is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of WCBR is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of WCBR is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 61.29 | NEUTRAL | The RSI value for WCBR is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.02 | NEGATIVE | The MACD value suggests WCBR has a negative trend. |
| Stochastics (14,3) | 84.83 | OVERBOUGHT | The high Stochastics value suggests WCBR may be overbought. |
| Average True Range in percent/ATR (20) | 1.82 | LOW VOLATILITY | The low ATR as a percentage value for WCBR suggests low volalility. |
| Average Directional Index/ADX (14) | 24.45 | NEUTRAL | The ADX value for WCBR suggests a possible start of a new 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 |
|---|---|---|---|
| 31.82 | 29.40 | 2.42 (7.61%) | 13.15% |
| An entry @31.82. This is a Buy Stop order right above the 10 day high. | An exit @29.40. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 2.42 points, which is 7.61%. | When investing 13.15% of your capital in this trade, your total portfolio risk will be 1.00%. |
- 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.
31.195
-0.2 (-0.65%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-0.65%
1 Week-0.36%
2 Weeks0.58%
1 Month4.07%
3 Month11.87%
6 Month5.21%
12 Month29.49%
2 Year61.05%
3 Year75.45%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.61
ATR(20)%1.82%
ATR Inc-46.21%
Range Today0.36
ADR(20)0.53
ADR(20)%1.69%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS84.45
Mansfield0.76
10 Day High31.81
10 Day Low29.41
20 Day High31.81
20 Day Low29.41
52 Week High32.71
52 Week Low22.2
CS1 End31.03
CR1 Start32.53
Volume & EV
DER(3)-0.04%
DER(5)-0.21%
Volume15.00K
Volume Incr-26.89%
Vol(5)10.06K
Vol(50)18.07K