Weingarten Realty Investors (WRI) Stock Technical Analysis
NYSE:WRI - New York Stock Exchange, Inc. -
Overall WRI gets a technical rating of 7 out of 10. In the last year, WRI was one of the better performers, but we do observe some doubts in the very recent evolution.
The long term trend is positive and the short term trend is neutral. The long term trend gets the benefit of the doubt 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 129 stocks in the same industry.
WRI is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so WRI is lagging the market slightly.
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 has an excellent technical rating and 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
19.78
34.47
We found 3 important support 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.
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. |
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
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 trade has a worst case loss of 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.
31.44
-0.66 (-2.06%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorReal Estate
GICS IndustryDiversified REITs
Performance
% Chg-2.06%
1 Week0.38%
2 Weeks-1.93%
1 Month-1.23%
3 Month-4.64%
6 Month35.11%
12 Month71.99%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)1.06
ATR(20)%3.14%
ATR Inc2.81%
Range Today1.06
ADR(20)N/A
ADR(20)%N/A
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS80.25
Mansfield1.13
10 Day High33.13
10 Day Low31.06
20 Day High33.13
20 Day Low30.26
52 Week High34.24
52 Week Low15.24
CS1 End31.31
CR1 Start31.7
Volume & EV
DER(3)-2.44%
DER(5)-1.8%
Volume26.46M
Volume Incr561.05%
Vol(5)6.13M
Vol(50)1.43M