Wisdomtree Icbccs S&P China 500 Fund (WCHN) Stock Technical Analysis
USA - NYSEARCA:WCHN -
27.8268
-0.24 (-0.86%)
Overall WCHN gets a technical rating of 6 out of 10. In the last year, WCHN was an average performer in the market. There are positive signs in the very recent evolution, but the medium term picture is still mixed.
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 short term is neutral, but the long term trend is still positive. Not much to worry about for now.
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 currently trading near new highs, so WCHN is lagging the market.
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 has an average technical rating and the quality of the presented setup is also not ideal 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
24.46
31.24
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.
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. |
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)
Wisdomtree Icbccs S&P China 500 Fund
NYSEARCA:WCHN (5/27/2020, 8:09:32 PM)
27.8268
-0.24 (-0.86%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-0.86%
1 Week-3.68%
2 Weeks-1.6%
1 Month0.18%
3 Month-2.25%
6 Month1.95%
12 Month6.24%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.48
ATR(20)%1.75%
ATR Inc12.12%
Range Today0.28
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
CRS63.98
Mansfield-0.1
10 Day High29.33
10 Day Low27.66
20 Day High29.33
20 Day Low26.6
52 Week High31.01
52 Week Low24.4
CS1 End27.62
CR1 Start27.93
Volume & EV
DER(3)-1.96%
DER(5)-1.5%
Volume9.10K
Volume Incr-0.55%
Vol(5)10.90K
Vol(50)7.25K