WATERSTONE FINANCIAL INC (WSBF) Technical Analysis
NASDAQ:WSBF • US94188P1012
Current stock price
WSBF Technical Rating and Analysis
We assign a technical rating of 10 out of 10 to WSBF. Both in the recent history as in the last year, WSBF has proven to be a steady performer, scoring decent points in every aspect analyzed.
- The long and short term trends are both positive. This is looking good!
- Looking at the yearly performance, WSBF did better than 84% of all other stocks. We also observe that the gains produced by WSBF over the past year are nicely spread over this period.
- WSBF is part of the Financial Services industry. There are 100 other stocks in this industry. WSBF outperforms 88% of them.
- WSBF is currently trading near its 52 week high, which is a good sign. The S&P500 Index is trading in the upper part of its 52 week range, but not near new highs, so WSBF is leading the market.
- In the last month WSBF has a been trading in the 16.85 - 18.67 range, which is quite wide. It is currently trading near the high of this range.
- Volume is considerably higher in the last couple of days.
WSBF Weekly and Daily overview Charts
WSBF Setup Rating and Analysis
WSBF has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is very little resistance above the current price. There is a support zone below the current price at 18.24, a Stop Loss order could be placed below this zone. Another positive sign is the recent Pocket Pivot signal.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
WSBF Support and Resistance Analysis
11.85
When analyzing the support we can see 3 important areas.
- A support zone ranging from 17.45 to 18.24. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @17.03 from a horizontal line in the daily time frame.
- Support @11.97 from a horizontal line in the weekly time frame.
When analyzing the resistance we notice 2 important areas.
- Resistance @18.38 from a horizontal line in the weekly time frame.
- A resistance zone ranging from 18.76 to 18.76. This zone is formed by a combination of multiple trend lines in the daily time frame.
WSBF 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 WSBF is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for WSBF is up. |
| ChartMill Relative Strength | 84.92 | POSITIVE | WSBF has a high relative strength, it outperformed 84.92% off all stocks 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) | 59.22 | NEUTRAL | The RSI value for WSBF is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.03 | POSITIVE | The MACD value suggests WSBF has a positive trend. |
| Stochastics (14,3) | 66.67 | NEUTRAL | The Stochastics value for WSBF is a neutral value. |
| Average True Range in percent/ATR (20) | 2.65 | MEDIUM VOLATILITY | The ATR as a percentage value for WSBF suggests some volalility. |
| Average Directional Index/ADX (14) | 11.79 | NEGATIVE | The low ADX value for WSBF suggests a weak or negative trend. |
WSBF Chart- and CandleStick Pattern Analysis
WSBF 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 |
|---|---|---|---|
| 18.39 | 17.94 | 0.45 (2.42%) | 25.00% |
| An entry @18.39. This is a Buy Stop order right above the resistance zone. | An exit @17.94. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 0.45 points, which is 2.42%. | For a 0.60% 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 WSBF. 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.
WSBF Technicals: Chart, Performance Metrics, Trend & Indicators
18.37
+0.16 (+0.88%)
WATERSTONE FINANCIAL INC / WSBF TA FAQ
Can you provide the ChartMill technical rating for WATERSTONE FINANCIAL INC?
ChartMill assigns a technical rating of 10 / 10 to WSBF.
Can you provide the trend direction for WATERSTONE FINANCIAL INC?
The current trend direction for WATERSTONE FINANCIAL INC (WSBF) is Bullish.
Can you provide the RSI signal for WATERSTONE FINANCIAL INC?
WATERSTONE FINANCIAL INC (WSBF) has an RSI value of 59.2204. This indicates that the stock is currently neutral.
What is the MACD signal for WSBF stock?
The MACD indicator for WATERSTONE FINANCIAL INC (WSBF) has a value of 0.0307839, indicating a bearish trend.
Can you provide the short term momentum for WATERSTONE FINANCIAL INC?
The short term momentum for WATERSTONE FINANCIAL INC (WSBF) is positive.