WP CAREY INC (WPC) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:WPC - US92936U1097 - REIT
Taking everything into account, WPC scores 1 out of 10 in our technical rating. 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.
Although the technical rating is bad, WPC does present a nice setup opportunity. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 64.53. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 64.38, a Stop Loss order could be placed below this zone.
More info and screens
54.42
We found 2 important support areas.
- A support zone ranging from 62.79 to 64.38. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @54.97 from a horizontal line in the weekly time frame.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 64.53 to 66.00. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 68.70 to 69.20. 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 | DOWN | NEGATIVE | The long term trend for WPC is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for WPC is down. |
| ChartMill Relative Strength | 58.2 | 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) | DOWN | NEGATIVE | The current price of WPC is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | MIXED | The current price of WPC is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 42.81 | NEUTRAL | The RSI value for WPC is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.02 | POSITIVE | The MACD value suggests WPC has a positive trend. |
| Stochastics (14,3) | 42.98 | NEUTRAL | The Stochastics value for WPC is a neutral value. |
| Average True Range in percent/ATR (20) | 1.61 | LOW VOLATILITY | The low ATR as a percentage value for WPC suggests low volalility. |
| Average Directional Index/ADX (14) | 29.55 | POSITIVE | The high ADX value value for WPC suggests a strong trend. |
64.39
+0.3 (+0.47%)
WP CAREY INC / WPC FAQ
Can you provide the ChartMill technical rating for WP CAREY INC?
ChartMill assigns a technical rating of 1 / 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 42.8127. 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 sell as both the short term and long term trends are negative.
What is the support and resistance level for WPC stock?
WP CAREY INC (WPC) has a support level at 64.38 and a resistance level at 64.53. Check the full technical report for our detailed analysis of WPC support and resistance levels.