Wisdomtree Icbccs S&P China 500 Fund (WCHN) Technical Analysis
NYSEARCA:WCHN
Current stock price
WCHN Technical Rating and Analysis
Overall WCHN gets a technical rating of 6 out of 10. WCHN has been a medium performer in the overall market. Some doubts are observed in the medium time frame, but recent action was very positive.
- Warning: WCHN has an average volume of 7252 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
- The long term trend is positive and the short term trend is neutral. The long term trend may just continue or reversal may be around the corner!
- When compared to the yearly performance of all other stocks, WCHN outperforms 63% of them, which is more or less in line with the market.
- WCHN is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so WCHN is lagging the market slightly.
- In the last month WCHN has a been trading in the 26.60 - 29.33 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
- Volume is considerably higher in the last couple of days.
WCHN Weekly and Daily overview Charts
WCHN Setup Rating and Analysis
WCHN has an average technical rating and also the quality of the setup is only medium 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
WCHN Support and Resistance Analysis
24.46
When analyzing the support we can see 2 important areas.
- A support zone ranging from 27.18 to 27.62. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 24.71 to 24.97. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 3 important resistance areas.
- A resistance zone ranging from 27.93 to 28.35. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 28.99 to 29.03. This zone is formed by a combination of multiple trend lines in the daily time frame.
- A resistance zone ranging from 30.85 to 30.93. This zone is formed by a combination of multiple trend lines in multiple time frames.
WCHN Technical Indicator Signal Analysis
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 WCHN is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for WCHN is neutral. |
| ChartMill Relative Strength | 63.98 | NEUTRAL | WCHN is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of WCHN is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of WCHN is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of WCHN is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 48.95 | NEUTRAL | The RSI value for WCHN is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.07 | NEGATIVE | The MACD value suggests WCHN has a negative trend. |
| Stochastics (14,3) | 21.68 | NEUTRAL | The Stochastics value for WCHN is a neutral value. |
| Average True Range in percent/ATR (20) | 1.75 | LOW VOLATILITY | The low ATR as a percentage value for WCHN suggests low volalility. |
WCHN Chart- and CandleStick Pattern Analysis
WCHN Technicals: Chart, Performance Metrics, Trend & Indicators
Wisdomtree Icbccs S&P China 500 Fund
NYSEARCA:WCHN (5/27/2020, 8:09:32 PM)
27.8268
-0.24 (-0.86%)
Wisdomtree Icbccs S&P China 500 Fund / WCHN TA FAQ
What is the technical rating for WCHN stock?
ChartMill assigns a technical rating of 6 / 10 to WCHN.
What is the trend direction for WCHN stock?
The current trend direction for Wisdomtree Icbccs S&P China 500 Fund (WCHN) is Bullish.
Can you provide the RSI signal for Wisdomtree Icbccs S&P China 500 Fund?
Wisdomtree Icbccs S&P China 500 Fund (WCHN) has an RSI value of 48.9454. This indicates that the stock is currently neutral.
Can you provide the short term momentum for Wisdomtree Icbccs S&P China 500 Fund?
The short term momentum for Wisdomtree Icbccs S&P China 500 Fund (WCHN) is neutral.
Can you provide the support and resistance levels for Wisdomtree Icbccs S&P China 500 Fund?
Wisdomtree Icbccs S&P China 500 Fund (WCHN) has a support level at 27.62 and a resistance level at 27.93. Check the full technical report for our detailed analysis of WCHN support and resistance levels.