USA - NYSE:WRB - US0844231029 - Common Stock
Overall WRB gets a technical rating of 6 out of 10. This is due to a decent performance in both the short and medium term time frames. Compared to the overall market, WRB is only an average performer.
Although the technical rating is only medium, WRB does present a nice setup opportunity. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 74.69. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 73.08, a Stop Loss order could be placed below this zone.
63.49
We found 3 important support areas.
When analyzing the resistance we notice one important area.
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 | 67.8 | NEUTRAL | WRB is not amongst the best or worst performers 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) | 56.45 | NEUTRAL | The RSI value for WRB is a neutral value. |
Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests WRB has a negative trend, although the MACD value is rising. |
Stochastics (14,3) | 55.47 | NEUTRAL | The Stochastics value for WRB is a neutral value. |
Average True Range in percent/ATR (20) | 1.55 | LOW VOLATILITY | The low ATR as a percentage value for WRB suggests low volalility. |
Average Directional Index/ADX (14) | 14.04 | NEGATIVE | The low ADX value for WRB suggests a weak or negative trend. |
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
ENTRY | EXIT | DISTANCE | CAPITAL |
---|---|---|---|
75.18 | 70.42 | 4.76 (6.33%) | 15.79% |
An entry @75.18. This is a Buy Stop order right above the resistance zone. | An exit @70.42. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 4.76 points, which is 6.33%. | For a 1.00% total portfolio risk, you can invest 15.79% of your capital in this trade. |
73.1
-0.01 (-0.01%)