WISDOMTREE INVESTMENTS INC (WETF) Stock Technical Analysis
USA - NASDAQ:WETF - US97717P1049 - Common Stock
We assign a technical rating of 7 out of 10 to WETF. WETF has been a medium performer in the overall market. Some doubts are observed in the medium time frame, but recent action was very positive.
Although WETF has an excellent technical rating, it does not present a decent entry opportunity 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.
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4.62
2 important support areas can be observed.
- 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.
We found 1 important resistance 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. |
5.26
-0.07 (-1.31%)
WISDOMTREE INVESTMENTS INC / WETF FAQ
Can you provide the ChartMill technical rating for WISDOMTREE INVESTMENTS INC?
ChartMill assigns a technical rating of 7 / 10 to WETF.
What is the current trend direction of WISDOMTREE INVESTMENTS INC (WETF) stock?
The current trend direction for WISDOMTREE INVESTMENTS INC (WETF) is Bearish.
What is the RSI signal for WETF stock?
WISDOMTREE INVESTMENTS INC (WETF) has an RSI value of 57.0756. This indicates that the stock is currently neutral.
Can you provide the short term momentum for WISDOMTREE INVESTMENTS INC?
The short term momentum for WISDOMTREE INVESTMENTS INC (WETF) is positive.