Weingarten Realty Investors (WRI) Technical Analysis
NYSE:WRI
Current stock price
WRI Technical Rating and Analysis
Overall WRI gets a technical rating of 7 out of 10. This is due to a consistent overall performance, although we see some doubts in the very recent evolution. In the medium time frame things are still looking good.
- The short term is neutral, but the long term trend is still positive. Not much to worry about for now.
- Looking at the yearly performance, WRI did better than 80% of all other stocks. We also observe that the gains produced by WRI over the past year are nicely spread over this period.
- WRI is one of the better performing stocks in the Diversified REITs industry, it outperforms 92% of 123 stocks in the same industry.
- WRI is currently trading in the upper part of its 52 week range. The S&P500 Index is also trading in the upper part of its 52 week range, so WRI is performing more or less in line with the market.
- In the last month WRI has a been trading in the 30.26 - 33.13 range, which is quite wide. It is currently trading in the middle of this range where prices have been consolidating recently, this may present a good entry opportunity, but some resistance may be present above.
- WRI has an average volume of 1425010 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- Volume is considerably higher in the last couple of days.
WRI Weekly and Daily overview Charts
WRI Setup Rating and Analysis
Besides having an excellent technical rating, WRI also presents a decent setup pattern. Prices have been consolidating lately. There is a support zone below the current price at 31.31, a Stop Loss order could be placed below this zone.
More info and screens
WRI Support and Resistance Analysis
19.78
When analyzing the support we can see 3 important areas.
- A support zone ranging from 31.23 to 31.31. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @30.32 from a horizontal line in the daily time frame.
- Support @19.98 from a trend line in the weekly time frame.
2 important resistance areas can be observed.
- A resistance zone ranging from 31.70 to 32.38. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 33.82 to 34.13. This zone is formed by a combination of multiple trend lines in multiple time frames.
WRI 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 | UP | POSITIVE | The long term trend for WRI is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for WRI is neutral. |
| ChartMill Relative Strength | 80.25 | POSITIVE | WRI has a high relative strength, it outperformed 80.25% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of WRI is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of WRI is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of WRI is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 45.57 | NEUTRAL | The RSI value for WRI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.02 | NEGATIVE | The MACD value suggests WRI has a negative trend. |
| Stochastics (14,3) | 58.05 | NEUTRAL | The Stochastics value for WRI is a neutral value. |
| Average True Range in percent/ATR (20) | 3.14 | MEDIUM VOLATILITY | The ATR as a percentage value for WRI suggests some volalility. |
WRI Chart- and CandleStick Pattern Analysis
WRI Example Setup
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 |
|---|---|---|---|
| 32.39 | 31.22 | 1.17 (3.61%) | 25.00% |
| An entry @32.39. This is a Buy Stop order right above the resistance zone. | An exit @31.22. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 1.17 points, which is 3.61%. | For a 0.90% total portfolio risk, you can invest 25.00% of your capital in this trade. |
- The distance between exit and entry is rather small compared to the average daily movement of WRI. Please evaluate whether better entry and exit points can be found.
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
WRI Technicals: Chart, Performance Metrics, Trend & Indicators
31.44
-0.66 (-2.06%)
Weingarten Realty Investors / WRI TA FAQ
Can you provide the ChartMill technical rating for Weingarten Realty Investors?
ChartMill assigns a technical rating of 6 / 10 to WRI.
Can you provide the trend direction for Weingarten Realty Investors?
The current trend direction for Weingarten Realty Investors (WRI) is Bullish.
Can you provide the RSI signal for Weingarten Realty Investors?
Weingarten Realty Investors (WRI) has an RSI value of 45.5683. This indicates that the stock is currently neutral.
Can you provide the short term momentum for Weingarten Realty Investors?
The short term momentum for Weingarten Realty Investors (WRI) is neutral.