We assign a technical rating of 3 out of 10 to WRLD. WRLD has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.
The technical rating of WRLD is bad and it also does not present a quality setup at the moment. Prices have been extended to the downside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
125.15
We found 2 important support areas.
- Support @137.71 from a trend line in the daily time frame.
- A support zone ranging from 126.41 to 129.96. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 150.75 to 154.67. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @159.22 from a horizontal line in the daily time frame.
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 | NEUTRAL | NEUTRAL | The long term trend for WRLD is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for WRLD is neutral. |
| ChartMill Relative Strength | 50.81 | NEUTRAL | WRLD is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of WRLD is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of WRLD is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of WRLD is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 45.68 | NEUTRAL | The RSI value for WRLD is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 1.86 | POSITIVE | The MACD value suggests WRLD has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 69.35 | NEUTRAL | The Stochastics value for WRLD is a neutral value. |
| Average True Range in percent/ATR (20) | 5.11 | HIGH VOLATILITY | The high ATR as a percentage value for WRLD suggests high volalility. |
| Average Directional Index/ADX (14) | 21.51 | NEUTRAL | The ADX value for WRLD suggests a possible start of a new trend. |
143.73
-10.97 (-7.09%)
WORLD ACCEPTANCE CORP / WRLD FAQ
What is the ChartMill technical rating of WORLD ACCEPTANCE CORP (WRLD) stock?
ChartMill assigns a technical rating of 3 / 10 to WRLD.
What is the current trend direction of WORLD ACCEPTANCE CORP (WRLD) stock?
The current trend direction for WORLD ACCEPTANCE CORP (WRLD) is Bearish.
What is the RSI signal for WRLD stock?
WORLD ACCEPTANCE CORP (WRLD) has an RSI value of 45.6797. This indicates that the stock is currently neutral.
What is the MACD signal for WORLD ACCEPTANCE CORP (WRLD) stock?
The MACD indicator for WORLD ACCEPTANCE CORP (WRLD) has a value of 1.8592, indicating a bullish trend.
What is the short term momentum for WORLD ACCEPTANCE CORP (WRLD) stock?
The short term momentum for WORLD ACCEPTANCE CORP (WRLD) is neutral.