WHITESTONE REIT (WSR) Stock Technical Analysis
USA • New York Stock Exchange • NYSE:WSR • US9660842041
Overall WSR gets a technical rating of 8 out of 10. Although WSR is only a medium performer in the overall market, the technical picture looks good in both the medium and short term time frames.
- Both the short term and long term trends are positive. This is a very positive sign.
- WSR is part of the Diversified REITs industry. There are 124 other stocks in this industry. WSR outperforms 73% of them.
- WSR is currently making a new 52 week high. This is a strong signal. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
- In the last month WSR has a been trading in the 13.78 - 14.80 range, which is quite wide. It is currently trading near the high of this range.
- When compared to the yearly performance of all other stocks, WSR outperforms 66% of them, which is more or less in line with the market.
Although WSR has an excellent technical rating, it does not present a decent entry opportunity 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.
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11.45
When analyzing the support we can see 5 important areas.
- A support zone ranging from 14.09 to 14.25. 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 13.65 to 13.81. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- 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 @12.74 from a horizontal line in the daily time frame.
- Support @11.57 from a trend line in the weekly time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 14.71 to 14.71. 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 | UP | POSITIVE | The short term trend for WSR is up. |
| ChartMill Relative Strength | 66.01 | 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) | 67.83 | NEUTRAL | The RSI value for WSR is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.03 | POSITIVE | The MACD value suggests WSR has a positive trend. |
| Stochastics (14,3) | 84.86 | OVERBOUGHT | The high Stochastics value suggests WSR may be overbought. |
| Average True Range in percent/ATR (20) | 1.86 | LOW VOLATILITY | The low ATR as a percentage value for WSR suggests low volalility. |
| Average Directional Index/ADX (14) | 29.65 | POSITIVE | The high ADX value value for WSR suggests a strong trend. |
14.7
+0.31 (+2.15%)
WHITESTONE REIT / WSR 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 67.825. 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 0.0259491, indicating a bearish trend.
Can you provide the support and resistance levels for WHITESTONE REIT?
WHITESTONE REIT (WSR) has a support level at 14.25 and a resistance level at 14.71. Check the full technical report for our detailed analysis of WSR support and resistance levels.