WALKER & DUNLOP INC (WD) Technical Analysis
NYSE:WD • US93148P1021
Current stock price
WD Technical Rating and Analysis
Overall WD gets a technical rating of 2 out of 10. In the past year, WD was a below average performing stock in the market. The medium term picture is also negative, but we see some improvement happening in recent action.
- 89% of all other stocks performed better in the past year than WD.
- WD is part of the Financial Services industry. There are 100 other stocks in this industry, of which 77% are performing better than WD.
- WD is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
- In the last month WD has a been trading in the 43.90 - 52.44 range, which is quite wide. It is currently trading near the high of this range.
- The long term trend is still negative, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
- Considerably lower volume is observed in the last couple of days.
WD Weekly and Daily overview Charts
WD Setup Rating and Analysis
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. A pullback is taking place, which may present a nice opportunity for an entry. There is a resistance zone just above the current price starting at 51.42. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 51.27, a Stop Loss order could be placed below this zone.
More info and screens
WD Support and Resistance Analysis
49.84
We found 1 important support area.
- A support zone ranging from 50.34 to 51.27. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
We can see 3 important resistance areas.
- A resistance zone ranging from 51.42 to 51.52. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @65.10 from a horizontal line in the daily time frame.
- Resistance @67.40 from a trend line in the weekly time frame.
WD 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 | DOWN | NEGATIVE | The long term trend for WD is down. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for WD is up. |
| ChartMill Relative Strength | 11.88 | NEGATIVE | WD has a low relative strength, it was outperformed by 88.12% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of WD is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of WD is above 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) | 60.04 | NEUTRAL | The RSI value for WD is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.36 | POSITIVE | The MACD value suggests WD has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 73.39 | NEUTRAL | The Stochastics value for WD is a neutral value. |
| Average True Range in percent/ATR (20) | 3.07 | MEDIUM VOLATILITY | The ATR as a percentage value for WD suggests some volalility. |
| Average Directional Index/ADX (14) | 24.65 | NEUTRAL | The ADX value for WD suggests a possible start of a new trend. |
WD Chart- and CandleStick Pattern Analysis
WD Technicals: Chart, Performance Metrics, Trend & Indicators
51.28
+0.93 (+1.85%)
WALKER & DUNLOP INC / WD TA FAQ
What is the technical rating for WD stock?
ChartMill assigns a technical rating of 2 / 10 to WD.
Can you provide the trend direction for WALKER & DUNLOP INC?
The current trend direction for WALKER & DUNLOP INC (WD) is Bearish.
Can you provide the RSI signal for WALKER & DUNLOP INC?
WALKER & DUNLOP INC (WD) has an RSI value of 60.0395. This indicates that the stock is currently neutral.
What is the short term momentum for WD stock?
The short term momentum for WALKER & DUNLOP INC (WD) is positive.
What are the support and resistance levels for WALKER & DUNLOP INC (WD) stock?
WALKER & DUNLOP INC (WD) has a support level at 51.27 and a resistance level at 51.42. Check the full technical report for our detailed analysis of WD support and resistance levels.