WR BERKLEY CORP (WRB) Stock Technical Analysis
USA - NYSE:WRB - US0844231029 - Common Stock
Overall WRB gets a technical rating of 10 out of 10. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, WRB is showing a nice and steady performance.
WRB has an excellent technical rating, but the quality of the setup is 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
65.33
5 important support areas can be observed.
- A support zone ranging from 74.74 to 75.22. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 71.27 to 72.39. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @69.96 from a horizontal line in the daily time frame.
- A support zone ranging from 67.78 to 68.75. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @65.99 from a trend line in the weekly time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 78.11 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 | UP | POSITIVE | The long term trend for WRB is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for WRB is up. |
| ChartMill Relative Strength | 85.45 | POSITIVE | WRB has a high relative strength, it outperformed 85.45% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of WRB is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of WRB is above the rising 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) | 65.16 | NEUTRAL | The RSI value for WRB is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.31 | POSITIVE | The MACD value suggests WRB has a positive trend. |
| Stochastics (14,3) | 86.3 | OVERBOUGHT | The high Stochastics value suggests WRB may be overbought. |
| Average True Range in percent/ATR (20) | 1.74 | LOW VOLATILITY | The low ATR as a percentage value for WRB suggests low volalility. |
| Average Directional Index/ADX (14) | 19.32 | NEGATIVE | The low ADX value for WRB suggests a weak or negative trend. |
78.1
+0.8 (+1.03%)
WR BERKLEY CORP / WRB FAQ
What is the ChartMill technical rating of WR BERKLEY CORP (WRB) stock?
ChartMill assigns a technical rating of 10 / 10 to WRB.
What is the trend direction for WRB stock?
The current trend direction for WR BERKLEY CORP (WRB) is Bullish.
What is the RSI signal for WR BERKLEY CORP (WRB) stock?
WR BERKLEY CORP (WRB) has an RSI value of 65.1571. 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 0.311641, indicating a bearish trend.
Can you provide the buy/sell signal for WR BERKLEY CORP?
The buy/sell signal for WR BERKLEY CORP (WRB) is buy as both the short term and long term trends are positive.