WALKER & DUNLOP INC (WD) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:WD - US93148P1021 - Common Stock
Taking everything into account, WD scores 0 out of 10 in our technical rating. WD scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
WD has a bad technical rating, but it does show a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is a resistance zone just above the current price starting at 64.64. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 61.73, a Stop Loss order could be placed below this zone.
More info and screens
60.43
We found 1 important support area.
- A support zone ranging from 61.04 to 61.73. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 2 important resistance areas.
- A resistance zone ranging from 64.64 to 65.10. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @87.64 from a horizontal line in the daily time frame.
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 | DOWN | NEGATIVE | The long term trend for WD is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for WD is down. |
| ChartMill Relative Strength | 8.43 | NEGATIVE | WD has a low relative strength, it was outperformed by 91.57% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of WD is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of WD is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of WD is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 35.19 | NEUTRAL | The RSI value for WD is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.61 | POSITIVE | The MACD value suggests WD has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 46.28 | NEUTRAL | The Stochastics value for WD is a neutral value. |
| Average True Range in percent/ATR (20) | 3.12 | MEDIUM VOLATILITY | The ATR as a percentage value for WD suggests some volalility. |
| Average Directional Index/ADX (14) | 29.56 | POSITIVE | The high ADX value value for WD suggests a strong trend. |
62.58
-0.96 (-1.51%)
WALKER & DUNLOP INC / WD FAQ
What is the technical rating for WD stock?
ChartMill assigns a technical rating of 0 / 10 to WD.
What is the current trend direction of WALKER & DUNLOP INC (WD) stock?
The current trend direction for WALKER & DUNLOP INC (WD) is Bearish.
What is the RSI signal for WALKER & DUNLOP INC (WD) stock?
WALKER & DUNLOP INC (WD) has an RSI value of 35.1856. This indicates that the stock is currently neutral.
Can you provide the short term momentum for WALKER & DUNLOP INC?
The short term momentum for WALKER & DUNLOP INC (WD) is negative.
What is the support and resistance level for WD stock?
WALKER & DUNLOP INC (WD) has a support level at 61.73 and a resistance level at 64.64. Check the full technical report for our detailed analysis of WD support and resistance levels.