Washington Prime Group Inc (WPG) Stock Technical Analysis
NYSE:WPG - New York Stock Exchange, Inc. -
Overall WPG gets a technical rating of 0 out of 10. WPG scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
When comparing the yearly performance of all stocks, WPG is a bad performer in the overall market: 100% of all stocks are doing better.
WPG is one of the lesser performing stocks in the Diversified REITs industry. 95% of 129 stocks in the same industry do better.
WPG is currently making a new 52 week low. This is a very bad signal. Certainly because the S&P500 Index is trading near new highs.
In the last month WPG has a been trading in the 0.82 - 2.08 range, which is quite wide. It is currently trading near the lows of this range.
Prices have been falling strongly lately, it is better to avoid new long positions here.
WPG has an average volume of 2900010 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
The technical rating of WPG is bad and it also does not present a quality setup at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
0.82
1.56
We can see 2 important resistance areas.
- Resistance @1.45 from a trend line in the daily time frame.
- Resistance @1.54 from a trend line in the weekly time frame.
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 WPG is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for WPG is down. |
| ChartMill Relative Strength | 0.22 | NEGATIVE | WPG has a low relative strength, it was outperformed by 99.78% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of WPG is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of WPG is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of WPG is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 32.75 | NEUTRAL | The RSI value for WPG is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | NEGATIVE | The MACD value suggests WPG has a negative trend. |
| Stochastics (14,3) | 3.83 | OVERSOLD | The low Stochastics value suggests WPG may be oversold. |
| Average True Range in percent/ATR (20) | 17.61 | HIGH VOLATILITY | The high ATR as a percentage value for WPG suggests high volalility. |
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
0.8323
-0.01 (-1%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorReal Estate
GICS IndustryDiversified REITs
Performance
% Chg-1%
1 Week-11.3%
2 Weeks-15.15%
1 Month-44.14%
3 Month-63.17%
6 Month-66.17%
12 Month-85%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.1
ATR(20)%17.61%
ATR Inc-15.1%
Range Today0.08
ADR(20)N/A
ADR(20)%N/A
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS0.22
Mansfield-8.4
10 Day High1.09
10 Day Low0.83
20 Day High2.08
20 Day Low0.83
52 Week High16.55
52 Week Low0.83
CS1 EndN/A
CR1 Start1.45
Volume & EV
DER(3)-6.97%
DER(5)-0.06%
Volume1.79M
Volume Incr-18.84%
Vol(5)3.15M
Vol(50)2.90M