WP CAREY INC (WPC) Stock Technical Analysis
NYSE:WPC - New York Stock Exchange, Inc. - US92936U1097 - REIT - Currency: USD
Taking everything into account, WPC scores 5 out of 10 in our technical rating. In the last year, WPC was a medium performer in the overall market. The medium term is still looking fine, but we see some doubts in the very recent evolution.
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.
WPC is part of the Diversified REITs industry. There are 129 other stocks in this industry. WPC outperforms 75% of them.
In the last month WPC has a been trading in the 59.34 - 63.10 range, which is quite wide. It is currently trading in the middle of this range where prices have been consolidating recently, this may present a good entry opportunity, but some resistance may be present above.
WPC has an average volume of 1224550 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
When comparing the performance of all stocks over the past year, WPC turns out to be only a medium performer in the overall market: it outperformed 62% of all stocks.
WPC 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 WPC is lagging the market slightly.
Although the technical rating is only medium, WPC does present a nice setup opportunity. Prices have been consolidating lately. A pullback is taking place, which may present a nice opportunity for an entry. There is a support zone below the current price at 60.05, a Stop Loss order could be placed below this zone.
More info and screens
52.00
65.70
5 important support areas can be observed.
- A support zone ranging from 59.71 to 61.30. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @57.29 from a trend line in the daily time frame.
- A support zone ranging from 54.85 to 54.97. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 53.43 to 53.87. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @52.53 from a horizontal line in the weekly time frame.
When analyzing the resistance we notice 2 important areas.
- Resistance @62.17 from a horizontal line in the daily time frame.
- A resistance zone ranging from 63.28 to 65.05. 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 WPC is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for WPC is neutral. |
| ChartMill Relative Strength | 62.41 | NEUTRAL | WPC is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of WPC is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of WPC is above a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of WPC is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 52.08 | NEUTRAL | The RSI value for WPC is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.04 | NEGATIVE | The MACD value suggests WPC has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 42.74 | NEUTRAL | The Stochastics value for WPC is a neutral value. |
| Average True Range in percent/ATR (20) | 1.95 | LOW VOLATILITY | The low ATR as a percentage value for WPC suggests low volalility. |
| Average Directional Index/ADX (14) | 10.19 | NEGATIVE | The low ADX value for WPC suggests a weak or negative trend. |
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)
61.37
+1.15 (+1.91%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorReal Estate
GICS IndustryDiversified REITs
Performance
% Chg1.91%
1 Week-0.79%
2 Weeks-0.7%
1 Month1.24%
3 Month-0.44%
6 Month7.48%
12 Month8.08%
2 Year-11.52%
3 Year-27.06%
5 Year2.44%
10 Year-3.64%
15 Year119.02%
Volatility
ATR(14)1.12
ATR(20)%1.95%
ATR Inc-1.53%
Range Today1.46
ADR(20)1.19
ADR(20)%1.94%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS62.41
Mansfield0.27
10 Day High61.9
10 Day Low59.34
20 Day High63.1
20 Day Low59.34
52 Week High66.1
52 Week Low52.91
CS1 End60.05
CR1 Start60.7
Volume & EV
DER(3)-2.39%
DER(5)-1.79%
Volume1.40M
Volume Incr27.06%
Vol(5)1.22M
Vol(50)1.22M