WHITESTONE REIT (WSR) Stock Technical Analysis
NYSE:WSR • US9660842041
Overall WSR gets a technical rating of 7 out of 10. 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.
- The long term trend is positive and the short term trend is neutral. The long term trend may just continue or reversal may be around the corner!
- WSR 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 WSR is lagging the market slightly.
- In the last month WSR has a been trading in the 14.23 - 15.50 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.
- When comparing the performance of all stocks over the past year, WSR turns out to be only a medium performer in the overall market: it outperformed 64% of all stocks.
- WSR is part of the Diversified REITs industry. There are 122 other stocks in this industry, WSR did better than 65% of them.
Although WSR has an excellent technical rating, the quality of the presented setup is not ideal at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
11.47
5 important support areas can be observed.
- A support zone ranging from 14.37 to 14.65. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @13.65 from a horizontal line in the daily time frame.
- A support zone ranging from 13.07 to 13.21. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @11.80 from a horizontal line in the daily time frame.
- Support @11.59 from a trend line in the weekly time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 15.27 to 15.38. 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 WSR is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for WSR is neutral. |
| ChartMill Relative Strength | 64.81 | NEUTRAL | WSR is not amongst the best or worst performers 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) | 62.02 | NEUTRAL | The RSI value for WSR is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests WSR has a negative trend. |
| Stochastics (14,3) | 70.19 | NEUTRAL | The Stochastics value for WSR is a neutral value. |
| Average True Range in percent/ATR (20) | 2.01 | MEDIUM VOLATILITY | The ATR as a percentage value for WSR suggests some volalility. |
| Average Directional Index/ADX (14) | 28.93 | POSITIVE | The high ADX value value for WSR suggests a strong 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 |
|---|---|---|---|
| 15.39 | 14.61 | 0.78 (5.07%) | 19.73% |
| An entry @15.39. This is a Buy Stop order right above the resistance zone. | An exit @14.61. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 0.78 points, which is 5.07%. | When investing 19.73% 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.
15.26
+0.07 (+0.46%)
WHITESTONE REIT / WSR FAQ
Can you provide the ChartMill technical rating for WHITESTONE REIT?
ChartMill assigns a technical rating of 7 / 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 62.0198. 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 -0.0145629, indicating a bearish trend.
Can you provide the support and resistance levels for WHITESTONE REIT?
WHITESTONE REIT (WSR) has a support level at 14.65 and a resistance level at 15.27. Check the full technical report for our detailed analysis of WSR support and resistance levels.