WHITESTONE REIT (WSR) Technical Analysis
NYSE:WSR • US9660842041
Current stock price
WSR Technical Rating and Analysis
Taking everything into account, WSR scores 8 out of 10 in our technical rating. This is due to a decent performance in both the short and medium term time frames. Compared to the overall market, WSR is only an average performer.
- Both the short term and long term trends are positive. This is a very positive sign.
- WSR is one of the better performing stocks in the Diversified REITs industry, it outperforms 88% of 123 stocks in the same industry.
- WSR 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 WSR is leading the market.
- WSR is currently showing a bull flag pattern! A bull flag pattern occurs when prices pull back slightly after a strong rise up. This may be a nice opportunity for an entry.
- Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.
- When comparing the yearly performance of all stocks, we notice that WSR is one of the better performing stocks in the market, outperforming 77% of all stocks. However, this overall good ranking is mostly due to the recent strong move.
WSR Weekly and Daily overview Charts
WSR Setup Rating and Analysis
WSR has an excellent technical rating and also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. A pullback is taking place, which may present a nice opportunity for an entry. There is a support zone below the current price at 16.06, a Stop Loss order could be placed below this zone.
More info and screens
WSR Support and Resistance Analysis
11.68
4 important support areas can be observed.
- A support zone ranging from 15.90 to 16.06. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 15.09 to 15.19. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 14.73 to 14.85. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Support @11.80 from a horizontal line in the daily time frame.
We found 1 important resistance area.
- Resistance @16.60 from a horizontal line in the daily time frame.
WSR 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 WSR is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for WSR is up. |
| ChartMill Relative Strength | 77.59 | POSITIVE | WSR has a high relative strength, it outperformed 77.59% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of WSR is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of WSR is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of WSR is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 58.93 | NEUTRAL | The RSI value for WSR is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.04 | NEGATIVE | The MACD value suggests WSR has a negative trend. |
| Stochastics (14,3) | 72.99 | NEUTRAL | The Stochastics value for WSR is a neutral value. |
| Average True Range in percent/ATR (20) | 2.45 | MEDIUM VOLATILITY | The ATR as a percentage value for WSR suggests some volalility. |
| Average Directional Index/ADX (14) | 26.44 | POSITIVE | The high ADX value value for WSR suggests a strong trend. |
WSR Chart- and CandleStick Pattern Analysis
WSR 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 |
|---|---|---|---|
| 16.61 | 15.99 | 0.62 (3.73%) | 25.00% |
| An entry @16.61. This is a Buy Stop order right above the resistance zone. | An exit @15.99. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 0.62 points, which is 3.73%. | For a 0.93% total portfolio risk, you can invest 25.00% of your capital in this trade. |
- 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.
WSR Technicals: Chart, Performance Metrics, Trend & Indicators
16.15
-0.07 (-0.43%)
WHITESTONE REIT / WSR TA FAQ
Can you provide the ChartMill technical rating for WHITESTONE REIT?
ChartMill assigns a technical rating of 8 / 10 to WSR.
Can you provide the trend direction for WHITESTONE REIT?
The current trend direction for WHITESTONE REIT (WSR) is Bullish.
What is the RSI signal for WSR stock?
WHITESTONE REIT (WSR) has an RSI value of 58.933. This indicates that the stock is currently neutral.
Can you provide the MACD signal for WHITESTONE REIT?
The MACD indicator for WHITESTONE REIT (WSR) has a value of -0.0411089, indicating a bearish trend.
Can you provide the support and resistance levels for WHITESTONE REIT?
WHITESTONE REIT (WSR) has a support level at 16.06 and a resistance level at 16.6. Check the full technical report for our detailed analysis of WSR support and resistance levels.