WR BERKLEY CORP (WRB) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:WRB - US0844231029 - Common Stock
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.
WRB has a poor technical rating and the quality of the setup is also only medium at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
65.94
We found 1 important support area.
- A support zone ranging from 66.61 to 67.33. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 3 important resistance areas.
- Resistance @71.27 from a horizontal line in the daily time frame.
- A resistance zone ranging from 73.29 to 74.51. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 77.65 to 78.46. This zone is formed by a combination of multiple trend lines 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 | 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 | 57.84 | 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) | 36.36 | NEUTRAL | The RSI value for WRB is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.66 | NEGATIVE | The MACD value suggests WRB has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 25.17 | NEUTRAL | The Stochastics value for WRB is a neutral value. |
| Average True Range in percent/ATR (20) | 2.41 | MEDIUM VOLATILITY | The ATR as a percentage value for WRB suggests some volalility. |
| Average Directional Index/ADX (14) | 34.88 | POSITIVE | The high ADX value value for WRB suggests a strong trend. |
69.33
-0.01 (-0.01%)
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 36.3615. This indicates that the stock is currently neutral.
What is the MACD signal for WR BERKLEY CORP (WRB) stock?
The MACD indicator for WR BERKLEY CORP (WRB) has a value of -0.664294, indicating a bearish trend.