SPDR WORLD MATERIALS (WMAT.AS) Stock Technical Analysis
Europe - Euronext Amsterdam - AMS:WMAT - IE00BYTRRF33 - ETF
Overall WMAT gets a technical rating of 8 out of 10. Although WMAT is only a medium performer in the overall market, the technical picture looks good in both the medium and short term time frames.
Although WMAT 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
53.38
We found 3 important support areas.
- A support zone ranging from 59.29 to 61.40. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 57.33 to 57.39. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Support @53.92 from a horizontal line in the weekly time frame.
We found 1 important resistance area.
- A resistance zone ranging from 62.37 to 62.37. This zone is formed by a combination of multiple trend lines 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 | UP | POSITIVE | The long term trend for WMAT.AS is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for WMAT.AS is up. |
| ChartMill Relative Strength | 67.91 | NEUTRAL | WMAT.AS is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of WMAT.AS is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of WMAT.AS is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of WMAT.AS is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 68.03 | NEUTRAL | The RSI value for WMAT.AS is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.15 | POSITIVE | The MACD value suggests WMAT.AS has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 77.47 | NEUTRAL | The Stochastics value for WMAT.AS is a neutral value. |
| Average True Range in percent/ATR (20) | 1.13 | LOW VOLATILITY | The low ATR as a percentage value for WMAT.AS suggests low volalility. |
| Average Directional Index/ADX (14) | 21.76 | NEUTRAL | The ADX value for WMAT.AS suggests a possible start of a new trend. |
AMS:WMAT (12/29/2025, 7:00:00 PM)
62.07
-0.29 (-0.47%)
SPDR WORLD MATERIALS / WMAT.AS FAQ
Can you provide the ChartMill technical rating for SPDR WORLD MATERIALS?
ChartMill assigns a technical rating of 8 / 10 to WMAT.AS.
What is the current trend direction of SPDR WORLD MATERIALS (WMAT.AS) stock?
The current trend direction for SPDR WORLD MATERIALS (WMAT.AS) is Bullish.
What is the RSI signal for SPDR WORLD MATERIALS (WMAT.AS) stock?
SPDR WORLD MATERIALS (WMAT.AS) has an RSI value of 68.0288. This indicates that the stock is currently neutral.
What is the short term momentum for WMAT stock?
The short term momentum for SPDR WORLD MATERIALS (WMAT.AS) is positive.
What are the support and resistance levels for SPDR WORLD MATERIALS (WMAT.AS) stock?
SPDR WORLD MATERIALS (WMAT.AS) has a support level at 61.4 and a resistance level at 62.37. Check the full technical report for our detailed analysis of WMAT.AS support and resistance levels.