Taking everything into account, WSBF scores 7 out of 10 in our technical rating. Although WSBF is only a medium performer in the overall market, the technical picture looks good in both the medium and short term time frames.
Besides having an excellent technical rating, WSBF also presents a decent setup pattern. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 15.86. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 15.75, a Stop Loss order could be placed below this zone.
More info and screens
11.85
We found 3 important support areas.
- A support zone ranging from 15.16 to 15.75. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 14.61 to 14.67. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @11.97 from a horizontal line in the weekly time frame.
When analyzing the resistance we notice one important area.
- Resistance @15.86 from a horizontal line in the weekly 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 | UP | POSITIVE | The long term trend for WSBF is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for WSBF is up. |
| ChartMill Relative Strength | 65.26 | NEUTRAL | WSBF is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of WSBF is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of WSBF is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of WSBF is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 60.69 | NEUTRAL | The RSI value for WSBF is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.02 | POSITIVE | The MACD value suggests WSBF has a positive trend. |
| Stochastics (14,3) | 73.54 | NEUTRAL | The Stochastics value for WSBF is a neutral value. |
| Average True Range in percent/ATR (20) | 2.08 | MEDIUM VOLATILITY | The ATR as a percentage value for WSBF suggests some volalility. |
| Average Directional Index/ADX (14) | 21.58 | NEUTRAL | The ADX value for WSBF suggests a possible start of a new trend. |
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 |
|---|---|---|---|
| 15.87 | 15.10 | 0.77 (4.85%) | 20.61% |
| An entry @15.87. This is a Buy Stop order right above the resistance zone. | An exit @15.10. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 0.77 points, which is 4.85%. | When investing 20.61% 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.
15.8
+0.28 (+1.8%)
WATERSTONE FINANCIAL INC / WSBF FAQ
Can you provide the ChartMill technical rating for WATERSTONE FINANCIAL INC?
ChartMill assigns a technical rating of 7 / 10 to WSBF.
What is the current trend direction of WATERSTONE FINANCIAL INC (WSBF) stock?
The current trend direction for WATERSTONE FINANCIAL INC (WSBF) is Bullish.
What is the RSI signal for WATERSTONE FINANCIAL INC (WSBF) stock?
WATERSTONE FINANCIAL INC (WSBF) has an RSI value of 60.6898. This indicates that the stock is currently neutral.
Can you provide the MACD signal for WATERSTONE FINANCIAL INC?
The MACD indicator for WATERSTONE FINANCIAL INC (WSBF) has a value of 0.0236279, indicating a bearish trend.
What is the short term momentum for WATERSTONE FINANCIAL INC (WSBF) stock?
The short term momentum for WATERSTONE FINANCIAL INC (WSBF) is positive.