WR BERKLEY CORP (WRB) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:WRB - US0844231029 - Common Stock
66.72 USD
-4.15 (-5.86%)
66.89 USD
+0.17 (+0.25%)
Taking everything into account, WRB scores 1 out of 10 in our technical rating. WRB has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.
In the last month WRB has a been trading in the 65.39 - 78.96 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.
WRB has an average volume of 3065910 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
The short term trend is negative, the long term trend is neutral. Not much exciting going on here.
When compared to the yearly performance of all other stocks, WRB outperforms 41% of them, which is more or less in line with the market.
WRB is an average performer in the Insurance industry, it outperforms 63% of 148 stocks in the same industry.
WRB is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so WRB is lagging the market.
The technical rating of WRB 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
66.04
79.24
We found 1 important support area.
- A support zone ranging from 66.71 to 66.71. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 4 important resistance areas.
- A resistance zone ranging from 66.73 to 67.33. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @71.27 from a horizontal line in the daily time frame.
- A resistance zone ranging from 73.95 to 75.51. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @78.46 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 | NEUTRAL | NEUTRAL | The long term trend for WRB is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for WRB is down. |
| ChartMill Relative Strength | 41.33 | NEUTRAL | WRB is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of WRB is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of WRB is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | MIXED | The current price of WRB is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 21.27 | OVERSOLD | The low RSI value suggests WRB may be oversold. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -1.08 | NEGATIVE | The MACD value suggests WRB has a negative trend. |
| Stochastics (14,3) | 5.9 | OVERSOLD | The low Stochastics value suggests WRB may be oversold. |
| Average True Range in percent/ATR (20) | 2.4 | MEDIUM VOLATILITY | The ATR as a percentage value for WRB suggests some volalility. |
| Average Directional Index/ADX (14) | 27.49 | POSITIVE | The high ADX value value for WRB 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)
66.72
-4.15 (-5.86%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryInsurance
Performance
% Chg-5.86%
1 Week-14.12%
2 Weeks-13.69%
1 Month-10.54%
3 Month-7.28%
6 Month-10.11%
12 Month5.99%
2 Year41.52%
3 Year37.91%
5 Year126.02%
10 Year311.29%
15 Year722.42%
Volatility
ATR(14)1.79
ATR(20)%2.4%
ATR Inc133.91%
Range Today4.79
ADR(20)1.55
ADR(20)%2.32%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS41.33
3 months CRS24.23
6 months CRS19.25
Mansfield-1.36
10 Day High78.96
10 Day Low65.39
20 Day High78.96
20 Day Low65.39
52 Week High78.96
52 Week Low55.97
CS1 End66.71
CR1 Start66.73
Volume & EV
DER(3)-0.61%
DER(5)-3.31%
Volume15.66M
Volume Incr187.22%
Vol(5)6.64M
Vol(50)3.07M
WR BERKLEY CORP / WRB FAQ
What is the ChartMill technical rating of WR BERKLEY CORP (WRB) stock?
ChartMill assigns a technical rating of 1 / 10 to WRB.
What is the trend direction for WRB stock?
The current trend direction for WR BERKLEY CORP (WRB) is Bearish.
What is the RSI signal for WR BERKLEY CORP (WRB) stock?
WR BERKLEY CORP (WRB) has an RSI value of 21.2723. This indicates that the stock is currently oversold.
What is the MACD signal for WR BERKLEY CORP (WRB) stock?
The MACD indicator for WR BERKLEY CORP (WRB) has a value of -1.08065, indicating a bearish trend.