WELLCARE HEALTH PLANS INC (WCG) Stock Technical Analysis
NYSE:WCG - New York Stock Exchange, Inc. -
We assign a technical rating of 9 out of 10 to WCG. Both in the recent history as in the last year, WCG has proven to be a steady performer, scoring decent points in every aspect analyzed.
The long and short term trends are both positive. This is looking good!
A new 52 week high is currently being made by WCG, which is a very good signal! Especially since the S&P500 is only trading in the upper part of its 52 week range, so WCG is leading the market.
In the last month WCG has a been trading in the 322.68 - 350.17 range, which is quite wide. It is currently trading near the high of this range.
When comparing the yearly performance of all stocks, we notice that WCG is one of the better performing stocks in the market, outperforming 90% of all stocks. However, this overall good ranking is mostly due to the recent strong move.
Volume is considerably higher in the last couple of days.
Although WCG has an excellent technical rating, it does not offer a high quality setup 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
270.51
353.42
3 important support areas can be observed.
- A support zone ranging from 334.57 to 340.08. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 312.48 to 312.48. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 273.24 to 274.54. This zone is formed by a combination of multiple trend lines in the weekly time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS90.28
Mansfield0.99
10 Day High350.17
10 Day Low330.82
20 Day High350.17
20 Day Low322.68
52 Week High350.17
52 Week Low228.56
Performance
1 Week3.92%
2 Weeks4.23%
1 Month5.92%
3 Month25.08%
6 Month20.41%
12 Month27.18%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
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)
Technical Indicators
MACD(12,26,9)0.85
RSI(14)74.5
LBB324.2
UBB348.27
349.92
+4.67 (+1.35%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg1.35%
1 Week3.92%
2 Weeks4.23%
1 Month5.92%
3 Month25.08%
6 Month20.41%
12 Month27.18%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)5.53
ATR(20)%1.39%
ATR Inc78.39%
Range Today10.29
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
CRS90.28
Mansfield0.99
10 Day High350.17
10 Day Low330.82
20 Day High350.17
20 Day Low322.68
52 Week High350.17
52 Week Low228.56
CS1 End340.08
CR1 StartN/A
Volume & EV
DER(3)1.66%
DER(5)1.16%
Volume2.06M
Volume Incr152.54%
Vol(5)906.88K
Vol(50)435.80K