WISDOMTREE INC (WT) Stock Technical Analysis
NYSE:WT - New York Stock Exchange, Inc. - US97717P1049 - Common Stock - Currency: USD
Overall WT gets a technical rating of 7 out of 10. In the last year, WT was one of the better performers, but we do observe some doubts in the very recent evolution.
In the last month WT has a been trading in the 11.64 - 13.76 range, which is quite wide. It is currently trading near the lows of this range.
Prices have been falling strongly lately, it is better to avoid new long positions here.
The long term trend is positive and the short term trend is neutral. The long term trend gets the benefit of the doubt for now.
WT is part of the Capital Markets industry. There are 236 other stocks in this industry. WT outperforms 76% of them.
WT is currently trading in the upper part of its 52 week range. The S&P500 Index is also trading in the upper part of its 52 week range, so WT is performing more or less in line with the market.
WT has an average volume of 2327470 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Looking at the yearly performance, WT did better than 84% of all other stocks. However, this overall good ranking is mostly due to the recent strong move.
Although WT has an excellent technical rating, it does not present a decent entry opportunity at the moment. Prices have been extended to the downside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
8.24
12.47
When analyzing the support we can see 2 important areas.
- A support zone ranging from 12.34 to 12.34. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @8.32 from a trend 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 WT is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for WT is neutral. |
| ChartMill Relative Strength | 84.53 | POSITIVE | WT has a high relative strength, it outperformed 84.53% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of WT is below 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) | 46.69 | NEUTRAL | The RSI value for WT is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.15 | NEGATIVE | The MACD value suggests WT has a negative trend. |
| Stochastics (14,3) | 55.61 | NEUTRAL | The Stochastics value for WT is a neutral value. |
| Average True Range in percent/ATR (20) | 2.78 | MEDIUM VOLATILITY | The ATR as a percentage value for WT suggests some volalility. |
| Average Directional Index/ADX (14) | 60.55 | 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)
12.35
-0.92 (-6.93%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryCapital Markets
Performance
% Chg-6.93%
1 Week-9.59%
2 Weeks-4.63%
1 Month-1.04%
3 Month35.27%
6 Month26.15%
12 Month13.3%
2 Year69.18%
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.37
ATR(20)%2.78%
ATR Inc269.05%
Range Today0.77
ADR(20)0.3
ADR(20)%2.4%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS84.53
Mansfield1.44
10 Day High13.76
10 Day Low11.64
20 Day High13.76
20 Day Low11.64
52 Week High13.76
52 Week Low7.47
CS1 End12.34
CR1 StartN/A
Volume & EV
DER(3)1.14%
DER(5)1.82%
Volume6.05M
Volume Incr-4.84%
Vol(5)2.95M
Vol(50)2.33M