Taking everything into account, WHF scores 2 out of 10 in our technical rating. In the past year, WHF was a below average performing stock in the market. The medium term picture is also negative, but we see some improvement happening in recent action.
WHF has a poor technical rating and the quality of the setup is also only medium 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.
6.45
2 important support areas can be observed.
When analyzing the resistance we notice 6 important areas.
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 | NEUTRAL | NEUTRAL | The short term trend for WHF is neutral. |
| ChartMill Relative Strength | 15.98 | NEGATIVE | WHF has a low relative strength, it was outperformed by 84.02% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of WHF is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of WHF is above the rising 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) | 44.09 | NEUTRAL | The RSI value for WHF is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.05 | NEGATIVE | The MACD value suggests WHF has a negative trend. |
| Stochastics (14,3) | 13.1 | OVERSOLD | The low Stochastics value suggests WHF may be oversold. |
| Average True Range in percent/ATR (20) | 2.76 | MEDIUM VOLATILITY | The ATR as a percentage value for WHF suggests some volalility. |
| Average Directional Index/ADX (14) | 17.44 | NEGATIVE | The low ADX value for WHF suggests a weak or negative trend. |
7.19
-0.06 (-0.83%)
ChartMill assigns a technical rating of 2 / 10 to WHF.
The current trend direction for WHITEHORSE FINANCE INC (WHF) is Bearish.
WHITEHORSE FINANCE INC (WHF) has an RSI value of 44.0889. This indicates that the stock is currently neutral.
The short term momentum for WHITEHORSE FINANCE INC (WHF) is neutral.