WISDOMTREE INVESTMENTS INC (WETF) Stock Technical Analysis
NASDAQ:WETF - Nasdaq - US97717P1049 - Common Stock - Currency: USD
Taking everything into account, WETF scores 7 out of 10 in our technical rating. In the last year, WETF was an average performer in the market. There are positive signs in the very recent evolution, but the medium term picture is still mixed.
The short term trend is positive, while the long term trend is neutral. So this is evolving in the right direction.
In the last month WETF has a been trading in the 4.60 - 5.63 range, which is quite wide. It is currently trading near the high of this range.
When compared to the yearly performance of all other stocks, WETF outperforms 52% of them, which is more or less in line with the market.
WETF is an average performer in the Capital Markets industry, it outperforms 56% of 238 stocks in the same industry.
WETF is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so WETF is lagging the market.
Volume is considerably higher in the last couple of days.
Although WETF has an excellent technical rating, it 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
4.62
5.54
When analyzing the support we can see 2 important areas.
- A support zone ranging from 5.02 to 5.10. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 4.67 to 4.67. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 5.31 to 5.49. 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 WETF is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for WETF is up. |
| ChartMill Relative Strength | 52.31 | NEUTRAL | WETF is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of WETF is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of WETF is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of WETF is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 57.08 | NEUTRAL | The RSI value for WETF is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.03 | POSITIVE | The MACD value suggests WETF has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 58.08 | NEUTRAL | The Stochastics value for WETF is a neutral value. |
| Average True Range in percent/ATR (20) | 3.09 | MEDIUM VOLATILITY | The ATR as a percentage value for WETF suggests some volalility. |
| Average Directional Index/ADX (14) | 23.83 | NEUTRAL | The ADX value for WETF 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)
5.26
-0.07 (-1.31%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryCapital Markets
Performance
% Chg-1.31%
1 Week-2.59%
2 Weeks5.2%
1 Month10.04%
3 Month-2.41%
6 Month-5.05%
12 Month-21.73%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.16
ATR(20)%3.09%
ATR Inc19.86%
Range Today0.18
ADR(20)N/A
ADR(20)%N/A
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS52.31
Mansfield0.49
10 Day High5.63
10 Day Low4.99
20 Day High5.63
20 Day Low4.6
52 Week High6.92
52 Week Low4.6
CS1 End5.1
CR1 Start5.31
Volume & EV
DER(3)-4.05%
DER(5)-1.34%
Volume1.01M
Volume Incr91.72%
Vol(5)1.36M
Vol(50)857.23K