WORLD ACCEPTANCE CORP (WRLD) Stock Technical Analysis
USA - NASDAQ:WRLD - US9814191048 - Common Stock
173.47 USD
+0.71 (+0.41%)
173.47 USD
0 (0%)
Taking everything into account, WRLD scores 8 out of 10 in our technical rating. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, WRLD is showing a nice and steady performance.
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.
When comparing the yearly performance of all stocks, we notice that WRLD is one of the better performing stocks in the market, outperforming 85% of all stocks.
WRLD is one of the better performing stocks in the Consumer Finance industry, it outperforms 77% of 55 stocks in the same industry.
WRLD 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 WRLD is lagging the market slightly.
In the last month WRLD has a been trading in the 164.30 - 185.48 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.
Volume is considerably higher in the last couple of days.
Besides having an excellent technical rating, WRLD also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 184.43. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 171.64, a Stop Loss order could be placed below this zone.
More info and screens
149.28
186.28
We found 2 important support areas.
- A support zone ranging from 160.20 to 171.64. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @150.79 from a horizontal line in the daily time frame.
We found 1 important resistance area.
- A resistance zone ranging from 184.43 to 184.44. 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 WRLD is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for WRLD is neutral. |
| ChartMill Relative Strength | 85.66 | POSITIVE | WRLD has a high relative strength, it outperformed 85.66% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of WRLD is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of WRLD is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of WRLD is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 50.02 | NEUTRAL | The RSI value for WRLD is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.31 | NEGATIVE | The MACD value suggests WRLD has a negative trend. |
| Stochastics (14,3) | 51.38 | NEUTRAL | The Stochastics value for WRLD is a neutral value. |
| Average True Range in percent/ATR (20) | 3.96 | MEDIUM VOLATILITY | The ATR as a percentage value for WRLD suggests some volalility. |
| Average Directional Index/ADX (14) | 16.07 | NEGATIVE | The low ADX value for WRLD suggests a weak or negative trend. |
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 |
|---|---|---|---|
| 175.06 | 164.29 | 10.77 (6.15%) | 16.25% |
| An entry @175.06. This is a Buy Stop order right above the 10 day moving average. | An exit @164.29. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 10.77 points, which is 6.15%. | When investing 16.25% of your capital in this trade, your total portfolio risk will be 1.00%. |
- 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.
173.47
+0.71 (+0.41%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryConsumer Finance
Performance
% Chg0.41%
1 Week5.14%
2 Weeks-1.21%
1 Month0.77%
3 Month5.27%
6 Month38.93%
12 Month45.37%
2 Year75.9%
3 Year113.58%
5 Year106.54%
10 Year354.94%
15 Year302.02%
Volatility
ATR(14)6.81
ATR(20)%3.96%
ATR Inc-28.28%
Range Today2.35
ADR(20)6.7
ADR(20)%3.86%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS85.66
Mansfield1.05
10 Day High185.39
10 Day Low164.3
20 Day High185.48
20 Day Low164.3
52 Week High185.48
52 Week Low104.99
CS1 End171.64
CR1 Start184.43
Volume & EV
DER(3)-0.44%
DER(5)-0.33%
Volume36.40K
Volume Incr22.56%
Vol(5)67.42K
Vol(50)48.12K