WP CAREY INC (WPC) Stock Technical Analysis
USA - NYSE:WPC - US92936U1097 - REIT
Taking everything into account, WPC scores 4 out of 10 in our technical rating. In the last year, WPC was a medium performer in the overall market. The medium term is still looking fine, but we see some doubts in the very recent evolution.
WPC has only a medium technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a support zone below the current price at 65.91, a Stop Loss order could be placed below this zone.
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54.42
When analyzing the support we can see 3 important areas.
- A support zone ranging from 64.66 to 65.91. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 62.79 to 63.11. This zone is formed by a combination of multiple trend lines in the daily time frame.
- 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 66.32 to 67.43. 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 | UP | POSITIVE | The long term trend for WPC is up. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for WPC is down. |
| ChartMill Relative Strength | 69.41 | 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) | 40.61 | NEUTRAL | The RSI value for WPC is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.22 | NEGATIVE | The MACD value suggests WPC has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 28.78 | NEUTRAL | The Stochastics value for WPC is a neutral value. |
| Average True Range in percent/ATR (20) | 1.76 | LOW VOLATILITY | The low ATR as a percentage value for WPC suggests low volalility. |
| Average Directional Index/ADX (14) | 15.86 | NEGATIVE | The low ADX value for WPC suggests a weak or negative trend. |
65.92
+0.01 (+0.02%)
WP CAREY INC / WPC FAQ
Can you provide the ChartMill technical rating for WP CAREY INC?
ChartMill assigns a technical rating of 4 / 10 to WPC.
What is the current trend direction of WP CAREY INC (WPC) stock?
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 40.6065. This indicates that the stock is currently neutral.
What is the short term momentum for WPC stock?
The short term momentum for WP CAREY INC (WPC) is negative.
Can you provide the support and resistance levels for WP CAREY INC?
WP CAREY INC (WPC) has a support level at 65.91 and a resistance level at 66.32. Check the full technical report for our detailed analysis of WPC support and resistance levels.