Wilshire Micro-Cap ETF (WMCR) Stock Technical Analysis
NYSEARCA:WMCR - NYSE Arca -
We assign a technical rating of 6 out of 10 to WMCR. WMCR has been an average performer in the overall market. Recently some decent action could be observed, but in the medium term time frame this is still negative.
Warning: WMCR has an average volume of 4446 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
The short term trend is positive, while the long term trend is neutral. So this is evolving in the right direction.
In the last month WMCR has a been trading in the 30.32 - 33.07 range, which is quite wide. It is currently trading near the high of this range.
When comparing the performance of all stocks over the past year, WMCR turns out to be only a medium performer in the overall market: it outperformed 56% of all stocks.
WMCR is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so WMCR is lagging the market slightly.
Considerably lower volume is observed in the last couple of days.
WMCR has an average technical rating and it also 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
30.11
33.27
When analyzing the support we can see 3 important areas.
- A support zone ranging from 32.67 to 32.74. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 31.58 to 32.15. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 30.41 to 30.49. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 32.79 to 32.94. 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 | NEUTRAL | NEUTRAL | The long term trend for WMCR is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for WMCR is up. |
| ChartMill Relative Strength | 56.21 | NEUTRAL | WMCR is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of WMCR is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of WMCR is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of WMCR is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 71.08 | OVERBOUGHT | The high RSI value suggests WMCR may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.12 | POSITIVE | The MACD value suggests WMCR has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 94.85 | OVERBOUGHT | The high Stochastics value suggests WMCR may be overbought. |
| Average True Range in percent/ATR (20) | 1.04 | LOW VOLATILITY | The low ATR as a percentage value for WMCR suggests low volalility. |
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)
NYSEARCA:WMCR (2/20/2019, 8:22:33 PM)
32.75
-0.19 (-0.56%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-0.56%
1 Week2.34%
2 Weeks2.99%
1 Month6.92%
3 Month1.14%
6 Month-12.59%
12 Month1.77%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.35
ATR(20)%1.04%
ATR Inc-31.66%
Range Today0.32
ADR(20)N/A
ADR(20)%N/A
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS56.21
Mansfield-0.66
10 Day High33.07
10 Day Low31.16
20 Day High33.07
20 Day Low30.32
52 Week High39.65
52 Week Low26.22
CS1 End32.74
CR1 Start32.79
Volume & EV
DER(3)0%
DER(5)0%
Volume3.90K
Volume Incr0%
Vol(5)2.36K
Vol(50)4.45K