SPDR WORLD MATERIALS (WMAT.AS) Stock Technical Analysis
Europe • Euronext Amsterdam • AMS:WMAT • IE00BYTRRF33
Overall WMAT gets a technical rating of 7 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.
- Warning: WMAT has an average volume of 2281 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
- The long term trend is positive and the short term trend is neutral. The long term trend gets the benefit of the doubt for now.
- WMAT is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so WMAT is lagging the market slightly.
- WMAT is currently showing a bull flag pattern! A bull flag pattern occurs when prices pull back slightly after a strong rise up. This may be a nice opportunity for an entry.
- Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.
- When comparing the yearly performance of all stocks, we notice that WMAT is one of the better performing stocks in the market, outperforming 77% of all stocks. However, this relatively good performance is mostly due to a recent big move.
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
56.76
3 important support areas can be observed.
- Support @65.16 from a trend line in the daily time frame.
- A support zone ranging from 60.24 to 60.51. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 57.33 to 57.36. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 67.66 to 68.83. 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 | UP | POSITIVE | The long term trend for WMAT.AS is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for WMAT.AS is neutral. |
| ChartMill Relative Strength | 77.26 | POSITIVE | WMAT.AS has a high relative strength, it outperformed 77.26% off all stocks 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) | 58.55 | NEUTRAL | The RSI value for WMAT.AS is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.23 | NEGATIVE | The MACD value suggests WMAT.AS has a negative trend. |
| Stochastics (14,3) | 41.5 | NEUTRAL | The Stochastics value for WMAT.AS is a neutral value. |
| Average True Range in percent/ATR (20) | 1.61 | LOW VOLATILITY | The low ATR as a percentage value for WMAT.AS suggests low volalility. |
| Average Directional Index/ADX (14) | 46.7 | POSITIVE | The high ADX value value for WMAT.AS suggests a strong trend. |
AMS:WMAT (2/2/2026, 7:00:00 PM)
66.95
+0.13 (+0.19%)
SPDR WORLD MATERIALS / WMAT.AS FAQ
Can you provide the ChartMill technical rating for SPDR WORLD MATERIALS?
ChartMill assigns a technical rating of 7 / 10 to WMAT.AS.
Can you provide the trend direction for SPDR WORLD MATERIALS?
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 58.5546. This indicates that the stock is currently neutral.
Can you provide the MACD signal for SPDR WORLD MATERIALS?
The MACD indicator for SPDR WORLD MATERIALS (WMAT.AS) has a value of -0.227291, indicating a bearish trend.
What is the short term momentum for WMAT stock?
The short term momentum for SPDR WORLD MATERIALS (WMAT.AS) is neutral.