We assign a technical rating of 6 out of 10 to WDTI. This is due to a decent performance in both the short and medium term time frames. Compared to the overall market, WDTI is only an average performer.
Although the technical rating is only medium, WDTI does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 39.60. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 39.57, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for WDTI in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
38.07
We found 1 important support area.
- A support zone ranging from 38.45 to 39.57. 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.
- A resistance zone ranging from 39.60 to 40.15. 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 WDTI is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for WDTI is neutral. |
| ChartMill Relative Strength | 42.76 | NEUTRAL | WDTI is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of WDTI is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of WDTI is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | MIXED | The current price of WDTI is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 56.62 | NEUTRAL | The RSI value for WDTI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | POSITIVE | The MACD value suggests WDTI has a positive trend. |
| Stochastics (14,3) | 66.67 | NEUTRAL | The Stochastics value for WDTI is a neutral value. |
| Average True Range in percent/ATR (20) | 0.53 | LOW VOLATILITY | The low ATR as a percentage value for WDTI suggests low volalility. |
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 |
|---|---|---|---|
| 39.67 | 39.19 | 0.48 (1.21%) | 25.00% |
| An entry @39.67. This is a Buy Stop order right above the 10 day high. | An exit @39.19. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 0.48 points, which is 1.21%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.30%. |
- 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.
WisdomTree Managed Futures Strategy
NYSEARCA:WDTI (12/15/2017, 8:32:22 PM)
39.6
+0.04 (+0.1%)
WisdomTree Managed Futures Strategy / WDTI FAQ
What is the ChartMill technical rating of WisdomTree Managed Futures Strategy (WDTI) stock?
ChartMill assigns a technical rating of 6 / 10 to WDTI.
What is the current trend direction of WisdomTree Managed Futures Strategy (WDTI) stock?
The current trend direction for WisdomTree Managed Futures Strategy (WDTI) is Bullish.
Can you provide the RSI signal for WisdomTree Managed Futures Strategy?
WisdomTree Managed Futures Strategy (WDTI) has an RSI value of 56.6172. This indicates that the stock is currently neutral.
What is the short term momentum for WisdomTree Managed Futures Strategy (WDTI) stock?
The short term momentum for WisdomTree Managed Futures Strategy (WDTI) is neutral.