WPP PLC-SPONSORED ADR (WPP) Stock Technical Analysis
NYSE:WPP - US92937A1025 - ADR
26.54 USD
-0.05 (-0.19%)
26.3 USD
-0.24 (-0.9%)
We assign a technical rating of 0 out of 10 to WPP. WPP's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
96% of all other stocks performed better in the past year than WPP.
WPP is one of the lesser performing stocks in the Media industry. 74% of 99 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 24.28 - 27.23 range, which is quite wide. It is currently trading near the high of this range.
Considerably lower volume is observed in the last couple of days.
Although the technical rating is bad, WPP does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. There is very little resistance above the current price.
More info and screens
26.27
42.05
When analyzing the resistance we notice 6 important areas.
- Resistance @26.57 from a trend line in the daily time frame.
- A resistance zone ranging from 27.09 to 27.09. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 29.80 to 30.00. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @31.98 from a trend line in the weekly time frame.
- Resistance @40.76 from a horizontal line in the daily time frame.
- Resistance @41.63 from a horizontal line in the daily 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 WPP is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for WPP is down. |
| ChartMill Relative Strength | 4.52 | NEGATIVE | WPP has a low relative strength, it was outperformed by 95.48% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of WPP is above a declining 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) | 44.23 | NEUTRAL | The RSI value for WPP is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.35 | POSITIVE | The MACD value suggests WPP has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 77.06 | NEUTRAL | The Stochastics value for WPP is a neutral value. |
| Average True Range in percent/ATR (20) | 2.03 | MEDIUM VOLATILITY | The ATR as a percentage value for WPP suggests some volalility. |
| Average Directional Index/ADX (14) | 29.47 | POSITIVE | The high ADX value value for WPP suggests a strong trend. |
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)
26.54
-0.05 (-0.19%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorCommunication Services
GICS IndustryMedia
Performance
% Chg-0.19%
1 Week-2.03%
2 Weeks4.24%
1 Month-0.9%
3 Month-34.32%
6 Month-34.57%
12 Month-44.44%
2 Year-45.17%
3 Year-38.15%
5 Year-37.39%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.5
ATR(20)%2.03%
ATR Inc-50.35%
Range Today0.39
ADR(20)0.42
ADR(20)%1.58%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS4.52
Mansfield-4.3
10 Day High27.23
10 Day Low25.37
20 Day High27.23
20 Day Low24.28
52 Week High57.37
52 Week Low24.28
CS1 EndN/A
CR1 Start26.57
Volume & EV
DER(3)0.32%
DER(5)-0.32%
Volume347.10K
Volume Incr-45.34%
Vol(5)273.36K
Vol(50)517.26K