WR BERKLEY CORP (WRB) Stock Technical Analysis
USA - NYSE:WRB - US0844231029 - Common Stock
Taking everything into account, WRB scores 10 out of 10 in our technical rating. Both in the recent history as in the last year, WRB has proven to be a steady performer, scoring decent points in every aspect analyzed.
Although WRB has an excellent technical rating, the quality of the presented setup is not ideal 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.
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65.33
When analyzing the support we can see 5 important areas.
- A support zone ranging from 74.59 to 75.82. 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.
We found 1 important resistance area.
- 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 | 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 | 83.38 | POSITIVE | WRB has a high relative strength, it outperformed 83.38% 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) | 62.99 | NEUTRAL | The RSI value for WRB is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.41 | POSITIVE | The MACD value suggests WRB has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 90.5 | OVERBOUGHT | The high Stochastics value suggests WRB may be overbought. |
| Average True Range in percent/ATR (20) | 1.92 | LOW VOLATILITY | The low ATR as a percentage value for WRB suggests low volalility. |
| Average Directional Index/ADX (14) | 21.94 | NEUTRAL | The ADX value for WRB suggests a possible start of a new trend. |
77.5
+0.4 (+0.52%)
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 62.9946. 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 0.413094, 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.