WP CAREY INC (WPC) Stock Technical Analysis
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.
- Both the short term and long term trends are positive. This is a very positive sign.
- Looking at the yearly performance, WPC did better than 71% of all other stocks. On top of that, WPC also shows a nice and consistent pattern of rising prices.
- WPC is part of the Diversified REITs industry. There are 123 other stocks in this industry. WPC outperforms 79% of them.
- A new 52 week high is currently being made by WPC, which is a very good signal! However, this is in line with the S&P500, which is also trading near new highs.
- In the last month WPC has a been trading in the 68.28 - 75.69 range, which is quite wide. It is currently trading near the high of this range.
- WPC has an average volume of 1409880 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, but the quality of the setup is only medium 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
54.42
We found 5 important support areas.
- A support zone ranging from 72.11 to 73.27. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 65.77 to 66.81. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 64.09 to 64.66. 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 74.66 to 74.66. 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 | 71.5 | POSITIVE | WPC has a high relative strength, it outperformed 71.5% 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) | 67 | NEUTRAL | The RSI value for WPC is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.06 | POSITIVE | The MACD value suggests WPC has a positive trend. |
| Stochastics (14,3) | 79.83 | NEUTRAL | The Stochastics value for WPC is a neutral value. |
| Average True Range in percent/ATR (20) | 2.01 | MEDIUM VOLATILITY | The ATR as a percentage value for WPC suggests some volalility. |
| Average Directional Index/ADX (14) | 34.75 | POSITIVE | The high ADX value value for WPC suggests a strong trend. |
74.65
+0.4 (+0.54%)
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 66.9969. 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 73.27 and a resistance level at 74.66. Check the full technical report for our detailed analysis of WPC support and resistance levels.