WP CAREY INC (WPC) Stock Technical Analysis
USA • New York Stock Exchange • NYSE:WPC • US92936U1097
Overall WPC gets a technical rating of 10 out of 10. 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.
- When comparing the yearly performance of all stocks, we notice that WPC is one of the better performing stocks in the market, outperforming 74% 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 82% of 124 stocks in the same industry.
- 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 66.25 - 72.33 range, which is quite wide. It is currently trading near the high of this range.
- WPC has an average volume of 1282830 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Although WPC has an excellent technical rating, it does not present a decent entry opportunity 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 4 important support areas.
- A support zone ranging from 66.15 to 69.57. 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 64.98. 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 71.22 to 71.38. 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 | 74.83 | POSITIVE | WPC has a high relative strength, it outperformed 74.83% 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) | 63.39 | NEUTRAL | The RSI value for WPC is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.16 | POSITIVE | The MACD value suggests WPC has a positive trend. |
| Stochastics (14,3) | 81.48 | OVERBOUGHT | The high Stochastics value suggests WPC may be overbought. |
| Average True Range in percent/ATR (20) | 1.85 | LOW VOLATILITY | The low ATR as a percentage value for WPC suggests low volalility. |
| Average Directional Index/ADX (14) | 35.05 | POSITIVE | The high ADX value value for WPC suggests a strong trend. |
71.21
-0.17 (-0.24%)
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 63.3916. 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 69.57 and a resistance level at 71.22. Check the full technical report for our detailed analysis of WPC support and resistance levels.