WT EUROPE DEFENCE UCITS ETF (WDEF.MI) Stock Technical Analysis
BIT:WDEF - Euronext Milan - IE0002Y8CX98 - ETF - Currency: EUR
Overall WDEF gets a technical rating of 5 out of 10. In the last year, WDEF was a below average performer in the market. There are positive signs in the very recent evolution, but the medium term picture is still mixed.
When comparing the yearly performance of all stocks, WDEF is a bad performer in the overall market: 100% of all stocks are doing better.
The long and short term trends are both positive. This is looking good!
In the last month WDEF has a been trading in the 26.45 - 31.89 range, which is quite wide. It is currently trading near the high of this range.
Volume is considerably higher in the last couple of days.
WDEF has an average technical rating and it also 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
26.91
32.00
We found 2 important support areas.
- Support @30.19 from a trend line in the daily time frame.
- A support zone ranging from 27.18 to 27.30. This zone is formed by a combination of multiple trend lines and important moving averages 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 | UP | POSITIVE | The long term trend for WDEF.MI is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for WDEF.MI is up. |
| ChartMill Relative Strength | 0 | NEGATIVE | WDEF.MI has a low relative strength, it was outperformed by 100% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of WDEF.MI is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of WDEF.MI is above the rising SMA(50). |
| Relative Strength Index/RSI (14) | 74.54 | OVERBOUGHT | The high RSI value suggests WDEF.MI may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests WDEF.MI has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 88.88 | OVERBOUGHT | The high Stochastics value suggests WDEF.MI may be overbought. |
| Average True Range in percent/ATR (20) | 2.26 | MEDIUM VOLATILITY | The ATR as a percentage value for WDEF.MI suggests some volalility. |
| Average Directional Index/ADX (14) | 24.6 | NEUTRAL | The ADX value for WDEF.MI suggests a possible start of a new trend. |
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)
BIT:WDEF (6/3/2025, 7:00:00 PM)
31.685
+0.51 (+1.64%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg1.64%
1 Week2.49%
2 Weeks8.08%
1 Month12.68%
3 MonthN/A
6 MonthN/A
12 MonthN/A
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.69
ATR(20)%2.26%
ATR Inc65.97%
Range Today0.76
ADR(20)0.64
ADR(20)%2.01%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS0
Mansfield-30
10 Day High31.89
10 Day Low29.01
20 Day High31.89
20 Day Low26.46
52 Week HighN/A
52 Week LowN/A
CS1 End30.19
CR1 StartN/A
Volume & EV
DER(3)0%
DER(5)0%
Volume86.19K
Volume Incr45.02%
Vol(5)120.38K
Vol(50)84.39K