WESTERN ASSET INFL-LINK OPPS (WIW)

US95766R1041

8.61  +0.03 (+0.35%)

Technical Rating and Analysis

3

We assign a technical rating of 3 out of 10 to WIW. WIW performed below average in the overall market. Although the medium term picture in unclear, the short term picture is clearly negative.

71% of all other stocks performed better in the past year than WIW.
Both the short term and long term trends are neutral. So this is not the most entertaining stock around.
WIW is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so WIW is lagging the market.
In the last month WIW has a been trading in a tight range between 8.46 and 8.64.
Weekly and Daily overview Charts
WIW Weekly chart
WIW Daily chart
Setup Rating and Analysis

6

WIW has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. There is a support zone below the current price at 8.60, a Stop Loss order could be placed below this zone. Very recently a Pocket Pivot signal was observed. This is another positive sign.

  • A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
Support and Resistance Analysis

8.28

9.14

2 important support areas can be observed.

  • A support zone ranging from 8.51 to 8.60. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • Strong support @8.36 from a horizontal line in the daily time frame.

When analyzing the resistance we notice 2 important areas.

  • A resistance zone ranging from 8.73 to 8.83. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • A resistance zone ranging from 9.02 to 9.05. This zone is formed by a combination of multiple trend lines in multiple time frames.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS29.31
Mansfield-1.49
10 Day High8.62
10 Day Low8.49
20 Day High8.64
20 Day Low8.46
52 Week High9.37
52 Week Low8.01
Performance
1 Week0.94%
2 Weeks-0.12%
1 Month1.89%
3 Month-0.69%
6 Month4.62%
12 Month-5.9%
2 Year-28.31%
3 Year-29.19%
5 Year-19.76%
10 Year-25.97%
15 Year-19.76%
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)
Technical Indicators
MACD(12,26,9)0.01
RSI(14)58.07
LBB8.49
UBB8.64
WIW Daily chart

WESTERN ASSET INFL-LINK OPPS

NYSE:WIW (3/27/2024, 8:04:00 PM)

8.61

+0.03 (+0.35%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg0.35%
1 Week0.94%
2 Weeks-0.12%
1 Month1.89%
3 Month-0.69%
6 Month4.62%
12 Month-5.9%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)0.05
ATR(20)%0.59%
ATR Inc
Range Today0.08
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High8.62
10 Day Low8.49
20 Day High8.64
20 Day Low8.46
52 Week High9.37
52 Week Low8.01
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume336.70K
Volume Incr-18.31%
Vol(5)211.90K
Vol(50)241.31K