WHITESTONE REIT (WSR) Stock Technical Analysis
NYSE:WSR - New York Stock Exchange, Inc. - US9660842041 - REIT - Currency: USD
We assign a technical rating of 0 out of 10 to WSR. WSR scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
When comparing the yearly performance of all stocks, WSR is a bad performer in the overall market: 78% of all stocks are doing better.
WSR is currently trading near the lower end of its 52 week range, which is not a good sign. Certainly not because the S&P500 Index is trading near new 52 week highs at the moment.
In the last month WSR has a been trading in the 11.79 - 12.80 range, which is quite wide. It is currently trading near the lows of this range.
WSR is part of the Diversified REITs industry. There are 130 other stocks in this industry, WSR did better than 44% of them.
WSR has a bad technical rating, but it does show a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is a support zone below the current price at 12.06, a Stop Loss order could be placed below this zone.
More info and screens
11.67
15.03
When analyzing the support we can see 2 important areas.
- Support @12.06 from a horizontal line in the daily time frame.
- A support zone ranging from 11.79 to 11.79. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 4 important areas.
- A resistance zone ranging from 12.26 to 12.78. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @13.25 from a horizontal line in the daily time frame.
- Resistance @13.64 from a trend line in the daily time frame.
- A resistance zone ranging from 14.73 to 14.88. 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 | DOWN | NEGATIVE | The long term trend for WSR is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for WSR is down. |
| ChartMill Relative Strength | 22.2 | NEGATIVE | WSR has a low relative strength, it was outperformed by 77.8% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of WSR is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of WSR is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of WSR is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 42.48 | 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, although the MACD value is rising. |
| Stochastics (14,3) | 35.01 | NEUTRAL | The Stochastics value for WSR is a neutral value. |
| Average True Range in percent/ATR (20) | 2.14 | MEDIUM VOLATILITY | The ATR as a percentage value for WSR suggests some volalility. |
| Average Directional Index/ADX (14) | 20.11 | NEUTRAL | The ADX value for WSR suggests a possible start of a new trend. |
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
12.1
-0.06 (-0.49%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorReal Estate
GICS IndustryDiversified REITs
Performance
% Chg-0.49%
1 Week-0.74%
2 Weeks-3.43%
1 Month-4.8%
3 Month-3.89%
6 Month-10.3%
12 Month-7.84%
2 Year21%
3 Year22.97%
5 Year88.18%
10 Year5.95%
15 Year3.95%
Volatility
ATR(14)0.27
ATR(20)%2.14%
ATR Inc-32.65%
Range Today0.23
ADR(20)0.25
ADR(20)%2.07%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS22.2
Mansfield-1.67
10 Day High12.79
10 Day Low11.8
20 Day High12.8
20 Day Low11.8
52 Week High15.36
52 Week Low11.78
CS1 End12.06
CR1 Start12.26
Volume & EV
DER(3)0.65%
DER(5)-2.71%
Volume140.50K
Volume Incr-12.28%
Vol(5)201.18K
Vol(50)241.12K