WP CAREY INC (WPC) Stock Technical Analysis
USA • New York Stock Exchange • NYSE:WPC • US92936U1097
We assign a technical rating of 10 out of 10 to WPC. Both in the recent history as in the last year, WPC has proven to be a steady performer, scoring decent points in every aspect analyzed.
- The long and short term trends are both positive. This is looking good!
- When comparing the yearly performance of all stocks, we notice that WPC is one of the better performing stocks in the market, outperforming 77% of all stocks. On top of that, WPC also shows a nice and consistent pattern of rising prices.
- WPC is one of the better performing stocks in the Diversified REITs industry, it outperforms 83% of 124 stocks in the same industry.
- WPC is currently trading near its 52 week high, which is a good sign. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
- In the last month WPC has a been trading in the 63.08 - 70.28 range, which is quite wide. It is currently trading near the high of this range.
- WPC has an average volume of 1291970 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
WPC has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 70.26. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 67.82, 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.
More info and screens
54.42
We found 4 important support areas.
- A support zone ranging from 65.94 to 67.82. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 64.09 to 64.85. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @62.79 from a horizontal line in the daily time frame.
- Support @54.97 from a horizontal line in the weekly time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 70.26 to 70.26. 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 | UP | POSITIVE | The short term trend for WPC is up. |
| ChartMill Relative Strength | 77.07 | POSITIVE | WPC has a high relative strength, it outperformed 77.07% off all stocks 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) | UP | POSITIVE | The current price of WPC is above the rising 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) | 60.55 | NEUTRAL | The RSI value for WPC is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.08 | POSITIVE | The MACD value suggests WPC has a positive trend. |
| Stochastics (14,3) | 66.75 | NEUTRAL | The Stochastics value for WPC is a neutral value. |
| Average True Range in percent/ATR (20) | 1.92 | LOW VOLATILITY | The low ATR as a percentage value for WPC suggests low volalility. |
| Average Directional Index/ADX (14) | 30.97 | POSITIVE | The high ADX value value for WPC suggests a strong trend. |
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 70.27 | 67.71 | 2.56 (3.64%) | 25.00% |
| An entry @70.27. This is a Buy Stop order right above the resistance zone. | An exit @67.71. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 2.56 points, which is 3.64%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.91%. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
69.75
+0.58 (+0.84%)
WP CAREY INC / WPC FAQ
Can you provide the ChartMill technical rating for WP CAREY INC?
ChartMill assigns a technical rating of 10 / 10 to WPC.
Can you provide the trend direction for WP CAREY INC?
The current trend direction for WP CAREY INC (WPC) is Bullish.
What is the RSI signal for WPC stock?
WP CAREY INC (WPC) has an RSI value of 60.5464. This indicates that the stock is currently neutral.
What is the buy/sell signal for WP CAREY INC (WPC) stock?
The buy/sell signal for WP CAREY INC (WPC) is buy as both the short term and long term trends are positive.
What is the support and resistance level for WPC stock?
WP CAREY INC (WPC) has a support level at 67.82 and a resistance level at 70.26. Check the full technical report for our detailed analysis of WPC support and resistance levels.