WHITEHORSE FINANCE INC (WHF) Stock Technical Analysis
USA - NASDAQ:WHF - US96524V1061 - Common Stock
7.62 USD
-0.23 (-2.93%)
7.56 USD
-0.06 (-0.79%)
Overall WHF gets a technical rating of 0 out of 10. WHF scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
When comparing the yearly performance of all stocks, WHF is a bad performer in the overall market: 92% of all stocks are doing better.
WHF is one of the lesser performing stocks in the Capital Markets industry. 82% of 236 stocks in the same industry do better.
WHF is currently making a new 52 week low. This is a very bad signal. Certainly because the S&P500 Index is trading near new highs.
In the last month WHF has a been trading in the 7.59 - 8.97 range, which is quite wide. It is currently trading near the lows of this range.
Prices have been falling strongly lately, it is better to avoid new long positions here.
Volume is considerably higher in the last couple of days. In combination with the strong move down this is a bad signal.
The technical rating of WHF is bad and it also does not present a quality setup at the moment. Prices have been extended to the downside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
7.54
9.92
When analyzing the resistance we notice 4 important areas.
- A resistance zone ranging from 8.48 to 8.74. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @9.03 from a horizontal line in the daily time frame.
- Resistance @9.65 from a horizontal line in the daily time frame.
- Resistance @9.82 from a trend line in the weekly time frame.
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 | DOWN | NEGATIVE | The long term trend for WHF is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for WHF is down. |
| ChartMill Relative Strength | 8.78 | NEGATIVE | WHF has a low relative strength, it was outperformed by 91.22% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of WHF is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of WHF is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of WHF is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 21.09 | OVERSOLD | The low RSI value suggests WHF may be oversold. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.11 | NEGATIVE | The MACD value suggests WHF has a negative trend. |
| Stochastics (14,3) | 7.31 | OVERSOLD | The low Stochastics value suggests WHF may be oversold. |
| Average True Range in percent/ATR (20) | 2.17 | MEDIUM VOLATILITY | The ATR as a percentage value for WHF suggests some volalility. |
| Average Directional Index/ADX (14) | 27.19 | POSITIVE | The high ADX value value for WHF 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)
7.62
-0.23 (-2.93%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryCapital Markets
Performance
% Chg-2.93%
1 Week-13.7%
2 Weeks-12.71%
1 Month-10.56%
3 Month-12.81%
6 Month-20.13%
12 Month-33.68%
2 Year-40.33%
3 Year-31.35%
5 Year-22.17%
10 Year-34.54%
15 YearN/A
Volatility
ATR(14)0.21
ATR(20)%2.17%
ATR Inc108.26%
Range Today0.28
ADR(20)0.14
ADR(20)%1.87%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS8.78
Mansfield-2.99
10 Day High8.97
10 Day Low7.59
20 Day High8.97
20 Day Low7.59
52 Week High12.18
52 Week Low7.59
CS1 EndN/A
CR1 Start8.48
Volume & EV
DER(3)-7.11%
DER(5)-3.86%
Volume192.41K
Volume Incr297.32%
Vol(5)298.35K
Vol(50)94.53K