WERELDHAVE BELGIUM NV (WEHB.BR) Stock Technical Analysis
Europe - EBR:WEHB - BE0003724383 - REIT
Overall WEHB gets a technical rating of 2 out of 10. WEHB has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.
Although the technical rating is bad, WEHB 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 53.23. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 52.88, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for WEHB 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.
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43.46
4 important support areas can be observed.
- A support zone ranging from 51.74 to 51.79. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Support @46.54 from a trend line in the weekly time frame.
- A support zone ranging from 45.09 to 45.30. This zone is formed by a combination of multiple trend lines in the weekly time frame.
- Support @43.90 from a horizontal line in the weekly time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 52.40 to 55.21. This zone is formed by a combination of multiple trend lines and important moving averages 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 | NEUTRAL | NEUTRAL | The long term trend for WEHB.BR is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for WEHB.BR is neutral. |
| ChartMill Relative Strength | 48.55 | NEUTRAL | WEHB.BR is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of WEHB.BR is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of WEHB.BR is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of WEHB.BR is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 48.79 | NEUTRAL | The RSI value for WEHB.BR is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.09 | POSITIVE | The MACD value suggests WEHB.BR has a positive trend. |
| Stochastics (14,3) | 70.37 | NEUTRAL | The Stochastics value for WEHB.BR is a neutral value. |
| Average True Range in percent/ATR (20) | 1.26 | LOW VOLATILITY | The low ATR as a percentage value for WEHB.BR suggests low volalility. |
| Average Directional Index/ADX (14) | 25.42 | POSITIVE | The high ADX value value for WEHB.BR suggests a strong trend. |
EBR:WEHB (10/8/2025, 12:21:37 PM)
52
-1 (-1.89%)