WT EUROPE DEFENCE UCITS ETF (WDEF.PA) Stock Technical Analysis
EPA:WDEF - Euronext Paris - Matif - IE0002Y8CX98 - ETF - Currency: EUR
Taking everything into account, WDEF scores 5 out of 10 in our technical rating. WDEF has been a bad performer in the overall market. Some doubts are observed in the medium term time frame, but recent action was again very positive.
Although the technical rating is only medium, WDEF does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is very little resistance above the current price. There is a support zone below the current price at 30.11, a Stop Loss order could be placed below this zone.
More info and screens
29.34
We found 1 important support area.
- A support zone ranging from 29.64 to 30.11. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
We found 1 important resistance area.
- Resistance @31.91 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 | UP | POSITIVE | The long term trend for WDEF.PA is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for WDEF.PA is up. |
| ChartMill Relative Strength | 0 | NEGATIVE | WDEF.PA has a low relative strength, it was outperformed by 100% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of WDEF.PA is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of WDEF.PA is above the rising SMA(50). |
| Relative Strength Index/RSI (14) | 52.7 | NEUTRAL | The RSI value for WDEF.PA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.38 | NEGATIVE | The MACD value suggests WDEF.PA has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 23.33 | NEUTRAL | The Stochastics value for WDEF.PA is a neutral value. |
| Average True Range in percent/ATR (20) | 2.54 | MEDIUM VOLATILITY | The ATR as a percentage value for WDEF.PA suggests some volalility. |
| Average Directional Index/ADX (14) | 16.37 | NEGATIVE | The low ADX value for WDEF.PA suggests a weak or negative trend. |
EPA:WDEF (6/20/2025, 7:00:00 PM)
30.125
+0.27 (+0.89%)