WATERDROP INC (WDH) Stock Technical Analysis
NYSE:WDH - New York Stock Exchange, Inc. - US94132V1052 - ADR - Currency: USD
Overall WDH gets a technical rating of 8 out of 10. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, WDH is showing a nice and steady performance.
The long and short term trends are both positive. This is looking good!
When comparing the yearly performance of all stocks, we notice that WDH is one of the better performing stocks in the market, outperforming 76% of all stocks.
WDH is part of the Insurance industry. There are 145 other stocks in this industry. WDH outperforms 85% of them.
WDH is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so WDH is lagging the market slightly.
In the last month WDH has a been trading in the 1.29 - 1.50 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
WDH has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a support zone below the current price at 1.39, a Stop Loss order could be placed below this zone.
More info and screens
1.13
1.57
6 important support areas can be observed.
- A support zone ranging from 1.37 to 1.39. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 1.31 to 1.32. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @1.26 from a trend line in the daily time frame.
- A support zone ranging from 1.21 to 1.21. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 1.18 to 1.18. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Support @1.14 from a trend line in the weekly time frame.
We found 1 important resistance area.
- A resistance zone ranging from 1.53 to 1.55. 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 WDH is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for WDH is up. |
| ChartMill Relative Strength | 76.56 | POSITIVE | WDH has a high relative strength, it outperformed 76.56% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of WDH is above a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of WDH is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of WDH is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 52.42 | NEUTRAL | The RSI value for WDH is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests WDH has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 61.4 | NEUTRAL | The Stochastics value for WDH is a neutral value. |
| Average True Range in percent/ATR (20) | 4.11 | MEDIUM VOLATILITY | The ATR as a percentage value for WDH suggests some volalility. |
| Average Directional Index/ADX (14) | 28.54 | POSITIVE | The high ADX value value for WDH suggests a strong 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)
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 1.47 | 1.36 | 0.11 (7.48%) | 13.36% |
| An entry @1.47. This is a Buy Stop order right above the 10 day high. | An exit @1.36. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 0.11 points, which is 7.48%. | When investing 13.36% of your capital in this trade, your total portfolio risk will be 1.00%. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
1.41
-0.04 (-2.76%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryInsurance
Performance
% Chg-2.76%
1 Week0.71%
2 Weeks4.44%
1 Month0%
3 Month16.53%
6 Month18.49%
12 Month21.55%
2 Year-23.78%
3 Year14.63%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.06
ATR(20)%4.11%
ATR Inc-33.2%
Range Today0.04
ADR(20)0.06
ADR(20)%4.04%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS76.56
Mansfield0.65
10 Day High1.46
10 Day Low1.33
20 Day High1.5
20 Day Low1.29
52 Week High1.57
52 Week Low0.97
CS1 End1.39
CR1 Start1.53
Volume & EV
DER(3)-2.04%
DER(5)-1.29%
Volume186.80K
Volume Incr-6.91%
Vol(5)208.80K
Vol(50)188.81K