WILLIAMS ROWLAND ACQUISITION (WRAC) Stock Technical Analysis
USA - NYSEARCA:WRAC - US96951B1026 - Common Stock
10.5 USD
-0.07 (-0.66%)
Overall WRAC gets a technical rating of 5 out of 10. WRAC has been an average performer in the overall market. We also notice some doubts in the very recent evolution, but in the medium term things are still fine.
Warning: WRAC has an average volume of 16508 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
The long term trend is positive and the short term trend is neutral. The long term trend gets the benefit of the doubt for now.
When compared to the yearly performance of all other stocks, WRAC outperforms 42% of them, which is more or less in line with the market.
WRAC is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so WRAC is lagging the market.
In the last month WRAC has a been trading in a tight range between 10.48 and 10.65.
Considerably lower volume is observed in the last couple of days.
WRAC has an average technical rating and it also does not offer a high 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
9.77
10.75
2 important support areas can be observed.
- A support zone ranging from 10.25 to 10.49. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 9.87 to 10.01. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 10.54 to 10.64. This zone is formed by a combination of multiple trend lines and important moving averages 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 WRAC is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for WRAC is neutral. |
| ChartMill Relative Strength | 42.46 | NEUTRAL | WRAC is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of WRAC is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of WRAC is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of WRAC is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 46.46 | NEUTRAL | The RSI value for WRAC is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests WRAC has a negative trend. |
| Stochastics (14,3) | 39.22 | NEUTRAL | The Stochastics value for WRAC is a neutral value. |
| Average True Range in percent/ATR (20) | 0.29 | LOW VOLATILITY | The low ATR as a percentage value for WRAC suggests low volalility. |
| Average Directional Index/ADX (14) | 33.58 | POSITIVE | The high ADX value value for WRAC 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)
NYSEARCA:WRAC (2/29/2024, 8:14:13 PM)
10.5
-0.07 (-0.66%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-0.66%
1 Week-0.85%
2 Weeks-0.47%
1 Month0%
3 Month1.45%
6 Month1.06%
12 Month4.48%
2 Year5.63%
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.03
ATR(20)%0.29%
ATR Inc11.7%
Range Today0.04
ADR(20)0.02
ADR(20)%0.15%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS42.46
Mansfield-1.65
10 Day High10.65
10 Day Low10.5
20 Day High10.65
20 Day Low10.48
52 Week High10.85
52 Week Low9.92
CS1 End10.49
CR1 Start10.54
Volume & EV
DER(3)0%
DER(5)0.54%
Volume20.90K
Volume Incr-45.1%
Vol(5)9.28K
Vol(50)16.51K