NYSE:WRB - New York Stock Exchange, Inc. - US0844231029 - Common Stock - Currency: USD
We assign a technical rating of 3 out of 10 to WRB. In the last year, WRB was a medium performer in the overall market. We are getting mixed signals now in both the short and medium term picture.
WRB has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 70.09. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 69.10, a Stop Loss order could be placed below this zone.
62.87
2 important support areas can be observed.
We can see 3 important resistance areas.
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 WRB is up. |
ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for WRB is neutral. |
ChartMill Relative Strength | 63.64 | NEUTRAL | WRB is not amongst the best or worst performers on the market. |
Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of WRB is above 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 | POSITIVE | The current price of WRB is above the rising SMA(200). |
Relative Strength Index/RSI (14) | 52.24 | NEUTRAL | The RSI value for WRB is a neutral value. |
Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.33 | POSITIVE | The MACD value suggests WRB has a positive trend. |
Stochastics (14,3) | 85.52 | OVERBOUGHT | The high Stochastics value suggests WRB may be overbought. |
Average True Range in percent/ATR (20) | 1.66 | LOW VOLATILITY | The low ATR as a percentage value for WRB suggests low volalility. |
Average Directional Index/ADX (14) | 26 | POSITIVE | The high ADX value value for WRB suggests a strong trend. |
70.06
-0.42 (-0.6%)