WP CAREY INC (WPC) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:WPC - US92936U1097 - REIT
We assign a technical rating of 5 out of 10 to WPC. In the last year, WPC was one of the better performers, although we are getting mixed signals now in both the short and medium term time frames.
Although the technical rating is only medium, WPC does present a nice setup opportunity. Prices have been consolidating lately. There is a support zone below the current price at 66.00, a Stop Loss order could be placed below this zone.
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54.42
We found 3 important support areas.
- A support zone ranging from 64.66 to 66.00. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @63.11 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 2 important areas.
- A resistance zone ranging from 66.68 to 67.29. 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 | NEUTRAL | NEUTRAL | The short term trend for WPC is neutral. |
| ChartMill Relative Strength | 72.38 | POSITIVE | WPC has a high relative strength, it outperformed 72.38% off all stocks 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) | DOWN | NEGATIVE | The current price of WPC is below 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) | 44.36 | NEUTRAL | The RSI value for WPC is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests WPC has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 47.55 | NEUTRAL | The Stochastics value for WPC is a neutral value. |
| Average True Range in percent/ATR (20) | 1.35 | LOW VOLATILITY | The low ATR as a percentage value for WPC suggests low volalility. |
| Average Directional Index/ADX (14) | 14.88 | NEGATIVE | The low ADX value for WPC suggests a weak or negative trend. |
66.44
-0.8 (-1.19%)
WP CAREY INC / WPC FAQ
Can you provide the ChartMill technical rating for WP CAREY INC?
ChartMill assigns a technical rating of 5 / 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 44.3615. 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 neutral.
Can you provide the support and resistance levels for WP CAREY INC?
WP CAREY INC (WPC) has a support level at 66 and a resistance level at 66.68. Check the full technical report for our detailed analysis of WPC support and resistance levels.