WHITESTONE REIT (WSR) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:WSR - US9660842041 - REIT
We assign a technical rating of 7 out of 10 to WSR. This is due to a decent performance in both the short and longer term time frames. Compared to the overall market however, WSR is a bad performer.
WSR 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 a support zone below the current price at 13.07, 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
11.34
3 important support areas can be observed.
- A support zone ranging from 12.59 to 13.07. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @11.80 from a horizontal line in the daily time frame.
- A support zone ranging from 11.45 to 11.51. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 13.23 to 13.41. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Resistance @14.74 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 WSR is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for WSR is up. |
| ChartMill Relative Strength | 35.38 | NEUTRAL | WSR is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of WSR is below 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) | DOWN | MIXED | The current price of WSR is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 55.14 | 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) | 39.22 | NEUTRAL | The Stochastics value for WSR is a neutral value. |
| Average True Range in percent/ATR (20) | 2.23 | MEDIUM VOLATILITY | The ATR as a percentage value for WSR suggests some volalility. |
| Average Directional Index/ADX (14) | 37.54 | 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 |
|---|---|---|---|
| 13.42 | 12.92 | 0.50 (3.73%) | 25.00% |
| An entry @13.42. This is a Buy Stop order right above the resistance zone. | An exit @12.92. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 0.50 points, which is 3.73%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.93%. |
- 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.
13.2
+0.1 (+0.76%)
WHITESTONE REIT / WSR FAQ
Can you provide the ChartMill technical rating for WHITESTONE REIT?
ChartMill assigns a technical rating of 7 / 10 to WSR.
What is the current trend direction of WHITESTONE REIT (WSR) stock?
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 55.1352. This indicates that the stock is currently neutral.
What is the MACD signal for WSR stock?
The MACD indicator for WHITESTONE REIT (WSR) has a value of -0.0397599, indicating a bearish trend.
What is the support and resistance level for WSR stock?
WHITESTONE REIT (WSR) has a support level at 13.07 and a resistance level at 13.23. Check the full technical report for our detailed analysis of WSR support and resistance levels.