NYSE:WPC - New York Stock Exchange, Inc. - US92936U1097 - REIT - Currency: USD
Taking everything into account, WPC scores 5 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.
Although the technical rating is only medium, WPC does present a nice setup opportunity. Prices have been consolidating lately. A pullback is taking place, which may present a nice opportunity for an entry. There is a support zone below the current price at 60.05, a Stop Loss order could be placed below this zone.
52.00
5 important support areas can be observed.
When analyzing the resistance we notice 2 important areas.
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 | NEUTRAL | NEUTRAL | The short term trend for WPC is neutral. |
ChartMill Relative Strength | 62.41 | NEUTRAL | WPC is not amongst the best or worst performers 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) | DOWN | MIXED | The current price of WPC is above a declining 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) | 52.08 | NEUTRAL | The RSI value for WPC is a neutral value. |
Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.04 | NEGATIVE | The MACD value suggests WPC has a negative trend, although the MACD value is rising. |
Stochastics (14,3) | 42.74 | NEUTRAL | The Stochastics value for WPC is a neutral value. |
Average True Range in percent/ATR (20) | 1.95 | LOW VOLATILITY | The low ATR as a percentage value for WPC suggests low volalility. |
Average Directional Index/ADX (14) | 10.19 | NEGATIVE | The low ADX value for WPC suggests a weak or negative trend. |
61.37
+1.15 (+1.91%)