WASHINGTON REIT (WRE) Technical Analysis
NYSE:WRE • US9396531017
Current stock price
WRE Technical Rating and Analysis
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.
- The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
- 69% of all other stocks performed better in the past year than WRE.
- WRE is part of the Diversified REITs industry. There are 122 other stocks in this industry, of which 68% are performing better than WRE.
- WRE is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
- In the last month WRE has a been trading in the 16.14 - 19.49 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
WRE Weekly and Daily overview Charts
WRE Setup Rating and Analysis
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.
More info and screens
WRE Support and Resistance Analysis
17.39
6 important resistance areas can be observed.
- Resistance @17.95 from a horizontal line in the daily time frame.
- A resistance zone ranging from 18.95 to 19.54. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @21.94 from a horizontal line in the daily time frame.
- Resistance @24.54 from a horizontal line in the daily time frame.
- Resistance @25.99 from a horizontal line in the weekly time frame.
- Resistance @26.85 from a horizontal line in the weekly time frame.
WRE Technical Indicator Signal Analysis
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. |
WRE Chart- and CandleStick Pattern Analysis
WRE Technicals: Chart, Performance Metrics, Trend & Indicators
17.57
-0.38 (-2.12%)
WASHINGTON REIT / WRE TA FAQ
What is the technical rating for WRE stock?
ChartMill assigns a technical rating of 0 / 10 to WRE.
Can you provide the trend direction for WASHINGTON REIT?
The current trend direction for WASHINGTON REIT (WRE) is Bearish.
Can you provide the RSI signal for WASHINGTON REIT?
WASHINGTON REIT (WRE) has an RSI value of 44.3857. This indicates that the stock is currently neutral.
What is the MACD signal for WASHINGTON REIT (WRE) stock?
The MACD indicator for WASHINGTON REIT (WRE) has a value of 0.171745, indicating a bearish trend.
What is the short term momentum for WRE stock?
The short term momentum for WASHINGTON REIT (WRE) is negative.