WPP PLC-SPONSORED ADR (WPP) Stock Technical Analysis
NYSE:WPP - New York Stock Exchange, Inc. - US92937A1025 - ADR - Currency: USD
Taking everything into account, WPP scores 0 out of 10 in our technical rating. WPP 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.
95% of all other stocks performed better in the past year than WPP.
WPP is one of the lesser performing stocks in the Media industry. 79% of 97 stocks in the same industry do better.
WPP 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 WPP has a been trading in the 27.98 - 38.04 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.
Volume is considerably higher in the last couple of days. In combination with the strong move down this is a bad signal.
The technical rating of WPP is bad and it also does not present a quality setup at the moment. Prices have been extended to the downside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
27.71
42.05
When analyzing the resistance we notice 4 important areas.
- A resistance zone ranging from 36.31 to 36.54. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @39.54 from a trend line in the daily 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 | 5.78 | NEGATIVE | WPP has a low relative strength, it was outperformed by 94.22% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of WPP is below 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) | 21.38 | OVERSOLD | The low RSI value suggests WPP may be oversold. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.68 | NEGATIVE | The MACD value suggests WPP has a negative trend. |
| Stochastics (14,3) | 1.85 | OVERSOLD | The low Stochastics value suggests WPP may be oversold. |
| Average True Range in percent/ATR (20) | 3.94 | MEDIUM VOLATILITY | The ATR as a percentage value for WPP suggests some volalility. |
| Average Directional Index/ADX (14) | 29.54 | 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)
27.99
-1.32 (-4.5%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorCommunication Services
GICS IndustryMedia
Performance
% Chg-4.5%
1 Week-23.04%
2 Weeks-19.45%
1 Month-25.22%
3 Month-20.69%
6 Month-36.34%
12 Month-41.2%
2 Year-48.87%
3 Year-48.13%
5 Year-24.96%
10 YearN/A
15 YearN/A
Volatility
ATR(14)1.22
ATR(20)%3.94%
ATR Inc-26.22%
Range Today0.58
ADR(20)0.61
ADR(20)%2.19%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS5.78
Mansfield-4.25
10 Day High36.66
10 Day Low27.98
20 Day High38.04
20 Day Low27.98
52 Week High57.37
52 Week Low27.98
CS1 EndN/A
CR1 Start36.31
Volume & EV
DER(3)-2.52%
DER(5)2%
Volume975.80K
Volume Incr181.76%
Vol(5)1.02M
Vol(50)392.86K