WISDOMTREE INC (WT) Stock Technical Analysis
NYSE:WT - US97717P1049 - Common Stock
13.23 USD
+0.3 (+2.32%)
13.38 USD
+0.15 (+1.13%)
Taking everything into account, WT scores 7 out of 10 in our technical rating. This is due to a consistent overall performance, although we see some doubts in the very recent evolution. In the medium time frame things are still looking good.
The short term is neutral, but the long term trend is still positive. Not much to worry about for now.
WT is one of the better performing stocks in the Capital Markets industry, it outperforms 87% of 237 stocks in the same industry.
WT is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so WT is lagging the market slightly.
In the last month WT has a been trading in the 11.64 - 13.79 range, which is quite wide. It is currently trading near the high of this range.
WT has an average volume of 3352190 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
When comparing the yearly performance of all stocks, we notice that WT is one of the better performing stocks in the market, outperforming 88% of all stocks. However, this relatively good performance is mostly due to a recent big move.
Besides having an excellent technical rating, WT also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. A pullback is taking place, which may present a nice opportunity for an entry. There is a resistance zone just above the current price starting at 13.67. Right above this resistance zone may be a good entry point.
More info and screens
8.31
13.86
2 important support areas can be observed.
- A support zone ranging from 12.34 to 12.43. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @8.39 from a trend line in the weekly time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 13.67 to 13.72. 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 | NEUTRAL | NEUTRAL | The short term trend for WT is neutral. |
| ChartMill Relative Strength | 88.4 | POSITIVE | WT has a high relative strength, it outperformed 88.4% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of WT is above a declining 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) | 54.33 | NEUTRAL | The RSI value for WT is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.09 | NEGATIVE | The MACD value suggests WT has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 51.22 | NEUTRAL | The Stochastics value for WT is a neutral value. |
| Average True Range in percent/ATR (20) | 2.91 | MEDIUM VOLATILITY | The ATR as a percentage value for WT suggests some volalility. |
| Average Directional Index/ADX (14) | 26.93 | POSITIVE | The high ADX value value for WT suggests a strong 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)
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 |
|---|---|---|---|
| 13.38 | 12.81 | 0.56 (4.21%) | 23.75% |
| An entry @13.38. This is a Buy Stop order right above the 10 day moving average. | An exit @12.81. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 0.56 points, which is 4.21%. | For a 1.00% total portfolio risk, you can invest 23.75% 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.
13.23
+0.3 (+2.32%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryCapital Markets
Performance
% Chg2.32%
1 Week-1.34%
2 Weeks1.22%
1 Month-3.15%
3 Month41.2%
6 Month42.56%
12 Month29.33%
2 Year81.23%
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.32
ATR(20)%2.91%
ATR Inc-15.07%
Range Today0.44
ADR(20)0.32
ADR(20)%2.45%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS88.4
Mansfield1.71
10 Day High13.79
10 Day Low12.82
20 Day High13.79
20 Day Low11.64
52 Week High13.79
52 Week Low7.47
CS1 End12.43
CR1 Start13.67
Volume & EV
DER(3)0.67%
DER(5)0.52%
Volume2.48M
Volume Incr9.87%
Vol(5)4.18M
Vol(50)3.35M