WP CAREY INC (WPC) Technical Analysis
NYSE:WPC • US92936U1097
Taking everything into account, WPC scores 8 out of 10 in our technical rating. Although WPC is only a medium performer in the overall market, the technical picture looks good in both the medium and short term time frames.
- The long and short term trends are both positive. This is looking good!
- WPC is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so WPC is lagging the market slightly.
- WPC is currently showing a bull flag pattern! A bull flag pattern occurs when prices pull back slightly after a strong rise up. This may be a nice opportunity for an entry.
- WPC has an average volume of 1335300 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- 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 68% of all stocks.
- WPC is an average performer in the Diversified REITs industry, it outperforms 65% of 122 stocks in the same industry.
Besides having an excellent technical rating, WPC also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. A pullback is taking place, which may present a nice opportunity for an entry.
More info and screens
54.42
When analyzing the support we can see 4 important areas.
- Support @67.03 from a trend line in the weekly time frame.
- A support zone ranging from 64.09 to 65.42. 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 72.94 to 74.65. This zone is formed by a combination of multiple trend lines and important moving averages 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 | 68.41 | NEUTRAL | WPC is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of WPC is below 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) | 53.34 | NEUTRAL | The RSI value for WPC is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.21 | NEGATIVE | The MACD value suggests WPC has a negative trend. |
| Stochastics (14,3) | 49.57 | NEUTRAL | The Stochastics value for WPC is a neutral value. |
| Average True Range in percent/ATR (20) | 2 | MEDIUM VOLATILITY | The ATR as a percentage value for WPC suggests some volalility. |
| Average Directional Index/ADX (14) | 31.3 | POSITIVE | The high ADX value value for WPC suggests a strong trend. |
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 74.66 | 71.56 | 3.10 (4.15%) | 24.08% |
| An entry @74.66. This is a Buy Stop order right above the resistance zone. | An exit @71.56. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 3.10 points, which is 4.15%. | For a 1.00% total portfolio risk, you can invest 24.08% of your capital in this trade. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
WPC Technicals: Chart, Performance Metrics, Trend & Indicators
72.58
-0.42 (-0.58%)
WP CAREY INC / WPC FAQ
Can you provide the ChartMill technical rating for WP CAREY INC?
ChartMill assigns a technical rating of 8 / 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 53.3378. 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 67.03 and a resistance level at 72.94. Check the full technical report for our detailed analysis of WPC support and resistance levels.