WPP PLC-SPONSORED ADR (WPP) Technical Analysis
NYSE:WPP • US92937A1025
Current stock price
WPP Technical Rating and Analysis
We assign a technical rating of 2 out of 10 to WPP. In the past year, WPP was a below average performing stock in the market. The medium term picture is also negative, but we see some improvement happening in recent action.
- 93% of all other stocks performed better in the past year than WPP.
- WPP is one of the lesser performing stocks in the Media industry. 65% of 91 stocks in the same industry do better.
- WPP is currently trading near the lower end of its 52 week range, which is not a good sign. Certainly not because the S&P500 Index is trading near new 52 week highs at the moment.
- In the last month WPP has a been trading in the 14.80 - 17.58 range, which is quite wide. It is currently trading near the high of this range.
- The short term trend is positive, while the long term trend is still negative. So this is evolving in the right direction, but it may need some more time to really turn around the trend.
WPP Weekly and Daily overview Charts
WPP Setup Rating and Analysis
The technical rating of WPP 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
WPP Support and Resistance Analysis
14.96
We found 1 important support area.
- A support zone ranging from 15.11 to 15.11. This zone is formed by a combination of multiple trend lines in multiple time frames.
5 important resistance areas can be observed.
- A resistance zone ranging from 16.75 to 16.98. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 17.70 to 17.82. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @20.71 from a trend line in the daily time frame.
- Resistance @21.05 from a trend line in the weekly time frame.
- Resistance @24.34 from a horizontal line in the daily time frame.
WPP Technical Indicator Signal Analysis
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 WPP is down. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for WPP is up. |
| ChartMill Relative Strength | 7.67 | NEGATIVE | WPP has a low relative strength, it was outperformed by 92.33% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of WPP is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of WPP is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of WPP is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 53.24 | NEUTRAL | The RSI value for WPP is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.28 | POSITIVE | The MACD value suggests WPP has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 69.77 | NEUTRAL | The Stochastics value for WPP is a neutral value. |
| Average True Range in percent/ATR (20) | 3.1 | MEDIUM VOLATILITY | The ATR as a percentage value for WPP suggests some volalility. |
| Average Directional Index/ADX (14) | 17.9 | NEGATIVE | The low ADX value for WPP suggests a weak or negative trend. |
WPP Chart- and CandleStick Pattern Analysis
WPP Technicals: Chart, Performance Metrics, Trend & Indicators
16.74
+0.15 (+0.9%)
WPP PLC-SPONSORED ADR / WPP TA FAQ
Can you provide the ChartMill technical rating for WPP PLC-SPONSORED ADR?
ChartMill assigns a technical rating of 2 / 10 to WPP.
What is the trend direction for WPP stock?
The current trend direction for WPP PLC-SPONSORED ADR (WPP) is Bearish.
What is the RSI signal for WPP PLC-SPONSORED ADR (WPP) stock?
WPP PLC-SPONSORED ADR (WPP) has an RSI value of 53.242. This indicates that the stock is currently neutral.
What is the buy/sell signal for WPP stock?
The buy/sell signal for WPP PLC-SPONSORED ADR (WPP) is hold as the short term and long term trends are mixed.
What are the support and resistance levels for WPP PLC-SPONSORED ADR (WPP) stock?
WPP PLC-SPONSORED ADR (WPP) has a support level at 15.11 and a resistance level at 16.75. Check the full technical report for our detailed analysis of WPP support and resistance levels.