WP CAREY INC (WPC) Technical Analysis
NYSE:WPC • US92936U1097
Current stock price
WPC Technical Rating and Analysis
Overall WPC gets a technical rating of 2 out of 10. WPC has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.
- In the last month WPC has a been trading in the 66.89 - 75.69 range, which is quite wide. It is currently trading near the lows of this range.
- WPC has an average volume of 1353730 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- The short term trend is negative, the long term trend is neutral. Not much exciting going on here.
- 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 64% of all stocks.
- WPC is part of the Diversified REITs industry. There are 123 other stocks in this industry, WPC did better than 67% of them.
- 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.
WPC Weekly and Daily overview Charts
WPC Setup Rating and Analysis
The technical rating of WPC is bad and it also does not present a 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
WPC Support and Resistance Analysis
62.16
When analyzing the support we can see 3 important areas.
- Support @65.80 from a trend line in the daily time frame.
- 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.
We can see 2 important resistance areas.
- Resistance @67.69 from a trend line in the weekly time frame.
- A resistance zone ranging from 74.65 to 74.65. This zone is formed by a combination of multiple trend lines in multiple time frames.
WPC Technical Indicator Signal Analysis
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 WPC is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for WPC is down. |
| ChartMill Relative Strength | 64.2 | NEUTRAL | WPC is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of WPC is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of WPC is below 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) | 29.89 | OVERSOLD | The low RSI value suggests WPC may be oversold. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.6 | NEGATIVE | The MACD value suggests WPC has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 8.03 | OVERSOLD | The low Stochastics value suggests WPC may be oversold. |
| Average True Range in percent/ATR (20) | 1.93 | LOW VOLATILITY | The low ATR as a percentage value for WPC suggests low volalility. |
| Average Directional Index/ADX (14) | 24.17 | NEUTRAL | The ADX value for WPC suggests a possible start of a new trend. |
WPC Chart- and CandleStick Pattern Analysis
WPC Technicals: Chart, Performance Metrics, Trend & Indicators
67.62
+0.18 (+0.27%)
WP CAREY INC / WPC TA FAQ
Can you provide the ChartMill technical rating for WP CAREY INC?
ChartMill assigns a technical rating of 2 / 10 to WPC.
Can you provide the trend direction for WP CAREY INC?
The current trend direction for WP CAREY INC (WPC) is Bearish.
What is the RSI signal for WPC stock?
WP CAREY INC (WPC) has an RSI value of 29.8921. This indicates that the stock is currently oversold.
What are the support and resistance levels for WP CAREY INC (WPC) stock?
WP CAREY INC (WPC) has a support level at 65.8 and a resistance level at 67.69. Check the full technical report for our detailed analysis of WPC support and resistance levels.