USA - NYSE:WRE - US9396531017 - REIT
We assign a technical rating of 0 out of 10 to WRE. WRE's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
WRE 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.
17.39
We can see 6 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 | DOWN | NEGATIVE | The long term trend for WRE is down. |
ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for WRE is down. |
ChartMill Relative Strength | 31.43 | NEUTRAL | WRE is not amongst the best or worst performers on the market. |
Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of WRE is above a declining SMA(20). |
Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of WRE is below a declining SMA(50). |
Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of WRE is below a declining SMA(200). |
Relative Strength Index/RSI (14) | 44.39 | NEUTRAL | The RSI value for WRE is a neutral value. |
Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.17 | POSITIVE | The MACD value suggests WRE has a positive trend. |
Stochastics (14,3) | 75.57 | NEUTRAL | The Stochastics value for WRE is a neutral value. |
Average True Range in percent/ATR (20) | 3.78 | MEDIUM VOLATILITY | The ATR as a percentage value for WRE suggests some volalility. |
Average Directional Index/ADX (14) | 32.83 | POSITIVE | The high ADX value value for WRE suggests a strong trend. |
17.57
-0.38 (-2.12%)