WHITESTONE REIT (WSR) Stock Technical Analysis
NYSE:WSR - New York Stock Exchange, Inc. - US9660842041 - REIT - Currency: USD
We assign a technical rating of 1 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.
The short term trend is neutral, while the long term trend is still negative. We need to see a little more continued positive action to make this really interesting.
When comparing the yearly performance of all stocks, WSR is a bad performer in the overall market: 84% of all stocks are doing better.
WSR is one of the lesser performing stocks in the Diversified REITs industry. 74% of 130 stocks in the same industry do better.
WSR is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
In the last month WSR has a been trading in a tight range between 12.19 and 12.83.
Although the technical rating is bad, WSR does present a nice setup opportunity. 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. Very recently a Pocket Pivot signal was observed. This is another positive sign.
- 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
11.93
15.03
When analyzing the support we can see 2 important areas.
- A support zone ranging from 12.32 to 12.48. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 12.05 to 12.06. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 4 important resistance areas.
- A resistance zone ranging from 12.55 to 12.78. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @13.24 from a horizontal line in the daily time frame.
- Resistance @13.79 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 | NEUTRAL | NEUTRAL | The short term trend for WSR is neutral. |
| ChartMill Relative Strength | 16.27 | NEGATIVE | WSR has a low relative strength, it was outperformed by 83.73% off all stocks 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) | DOWN | MIXED | The current price of WSR is above 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) | 49 | 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) | 40.43 | NEUTRAL | The Stochastics value for WSR is a neutral value. |
| Average True Range in percent/ATR (20) | 2.08 | MEDIUM VOLATILITY | The ATR as a percentage value for WSR suggests some volalility. |
| Average Directional Index/ADX (14) | 15.95 | NEGATIVE | The low ADX value for WSR suggests a weak or negative 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)
12.52
-0.04 (-0.32%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorReal Estate
GICS IndustryDiversified REITs
Performance
% Chg-0.32%
1 Week-1.49%
2 Weeks-1.57%
1 Month1.62%
3 Month-5.58%
6 Month-6.64%
12 Month-10.25%
2 Year21.32%
3 Year11.49%
5 Year89.7%
10 Year-3.17%
15 YearN/A
Volatility
ATR(14)0.25
ATR(20)%2.08%
ATR Inc-27.69%
Range Today0.16
ADR(20)0.25
ADR(20)%2.02%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS16.27
Mansfield-1.45
10 Day High12.83
10 Day Low12.35
20 Day High12.83
20 Day Low12.19
52 Week High15.36
52 Week Low11.78
CS1 End12.48
CR1 Start12.55
Volume & EV
DER(3)-2.28%
DER(5)-0.04%
Volume198.40K
Volume Incr-25.46%
Vol(5)214.20K
Vol(50)255.10K