WISDOMTREE INC (WT) Stock Technical Analysis
NYSE:WT • US97717P1049
Taking everything into account, WT scores 10 out of 10 in our technical rating. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, WT is showing a nice and steady performance.
- The long and short term trends are both positive. This is looking good!
- Looking at the yearly performance, WT did better than 94% of all other stocks. On top of that, WT also shows a nice and consistent pattern of rising prices.
- WT is one of the better performing stocks in the Capital Markets industry, it outperforms 97% of 238 stocks in the same industry.
- WT is currently trading near its 52 week high, which is a good sign. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
- In the last month WT has a been trading in the 15.38 - 17.48 range, which is quite wide. It is currently trading near the high of this range.
- WT has an average volume of 4087570 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Besides having an excellent technical rating, WT also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. We notice that large players showed an interest for WT in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
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When analyzing the support we can see 3 important areas.
- A support zone ranging from 15.50 to 15.74. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @12.22 from a trend line in the weekly time frame.
- Support @11.45 from a trend line in the daily time frame.
We found 1 important resistance area.
- A resistance zone ranging from 17.12 to 17.37. 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 WT is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for WT is up. |
| ChartMill Relative Strength | 94.41 | POSITIVE | WT has a high relative strength, it outperformed 94.41% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of WT is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of WT is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of WT is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 63.83 | NEUTRAL | The RSI value for WT is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.02 | NEGATIVE | The MACD value suggests WT has a negative trend. |
| Stochastics (14,3) | 91.55 | OVERBOUGHT | The high Stochastics value suggests WT may be overbought. |
| Average True Range in percent/ATR (20) | 3.87 | MEDIUM VOLATILITY | The ATR as a percentage value for WT suggests some volalility. |
| Average Directional Index/ADX (14) | 27.32 | POSITIVE | The high ADX value value for WT 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 |
|---|---|---|---|
| 17.38 | 15.68 | 1.70 (9.78%) | 10.22% |
| An entry @17.38. This is a Buy Stop order right above the resistance zone. | An exit @15.68. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 1.70 points, which is 9.78%. | For a 1.00% total portfolio risk, you can invest 10.22% of your capital in this trade. |
- 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.
17.11
-0.26 (-1.5%)
WISDOMTREE INC / WT FAQ
What is the ChartMill technical rating of WISDOMTREE INC (WT) stock?
ChartMill assigns a technical rating of 10 / 10 to WT.
What is the trend direction for WT stock?
The current trend direction for WISDOMTREE INC (WT) is Bullish.
What is the RSI signal for WISDOMTREE INC (WT) stock?
WISDOMTREE INC (WT) has an RSI value of 63.8342. This indicates that the stock is currently neutral.
Can you provide the short term momentum for WISDOMTREE INC?
The short term momentum for WISDOMTREE INC (WT) is positive.
What is the buy/sell signal for WT stock?
The buy/sell signal for WISDOMTREE INC (WT) is buy as both the short term and long term trends are positive.