Overall WTBA gets a technical rating of 5 out of 10. WTBA has been an average performer in the overall market. We also notice some doubts in the very recent evolution, but in the medium term things are still fine.
WTBA has an average technical rating and it also does not offer a high quality setup at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
18.16
3 important support areas can be observed.
- A support zone ranging from 20.60 to 20.75. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @19.14 from a horizontal line in the daily time frame.
- A support zone ranging from 18.34 to 18.57. This zone is formed by a combination of multiple trend lines in multiple time frames.
We found 1 important resistance area.
- Resistance @23.48 from a horizontal 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 WTBA is up. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for WTBA is down. |
| ChartMill Relative Strength | 58.99 | NEUTRAL | WTBA is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of WTBA is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of WTBA is below the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of WTBA is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 37.71 | NEUTRAL | The RSI value for WTBA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.22 | NEGATIVE | The MACD value suggests WTBA has a negative trend. |
| Stochastics (14,3) | 7.1 | OVERSOLD | The low Stochastics value suggests WTBA may be oversold. |
| Average True Range in percent/ATR (20) | 2.31 | MEDIUM VOLATILITY | The ATR as a percentage value for WTBA suggests some volalility. |
| Average Directional Index/ADX (14) | 24.75 | NEUTRAL | The ADX value for WTBA suggests a possible start of a new trend. |
21.77
-0.42 (-1.89%)
WEST BANCORPORATION / WTBA FAQ
Can you provide the ChartMill technical rating for WEST BANCORPORATION?
ChartMill assigns a technical rating of 5 / 10 to WTBA.
What is the trend direction for WTBA stock?
The current trend direction for WEST BANCORPORATION (WTBA) is Bullish.
Can you provide the RSI signal for WEST BANCORPORATION?
WEST BANCORPORATION (WTBA) has an RSI value of 37.7123. This indicates that the stock is currently neutral.
What is the buy/sell signal for WTBA stock?
The buy/sell signal for WEST BANCORPORATION (WTBA) is hold as the short term and long term trends are mixed.
Can you provide the support and resistance levels for WEST BANCORPORATION?
WEST BANCORPORATION (WTBA) has a support level at 20.75 and a resistance level at 23.48. Check the full technical report for our detailed analysis of WTBA support and resistance levels.