WEST BANCORPORATION (WTBA) Stock Technical Analysis
USA - NASDAQ:WTBA - US95123P1066 - Common Stock
19.145 USD
-1.11 (-5.46%)
19.145 USD
0 (0%)
Overall WTBA gets a technical rating of 2 out of 10. WTBA scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
When comparing the yearly performance of all stocks, WTBA is a bad performer in the overall market: 71% of all stocks are doing better.
In the last month WTBA has a been trading in the 19.03 - 21.69 range, which is quite wide. It is currently trading near the lows of this range.
Both the short term and long term trends are neutral. So this is not the most entertaining stock around.
WTBA is an average performer in the Banks industry, it outperforms 47% of 391 stocks in the same industry.
WTBA is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so WTBA is lagging the market.
Volume is considerably higher in the last couple of days.
The technical rating of WTBA is bad and it also does not present a 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
17.62
21.35
When analyzing the support we can see 2 important areas.
- Support @18.26 from a trend line in the weekly time frame.
- A support zone ranging from 17.80 to 17.95. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 3 important areas.
- A resistance zone ranging from 19.71 to 19.82. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @20.56 from a trend line in the weekly time frame.
- A resistance zone ranging from 20.94 to 21.14. 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 | NEUTRAL | NEUTRAL | The long term trend for WTBA is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for WTBA is neutral. |
| ChartMill Relative Strength | 29.85 | NEGATIVE | WTBA has a low relative strength, it was outperformed by 70.15% off all stocks 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) | DOWN | NEGATIVE | The current price of WTBA is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 39.51 | NEUTRAL | The RSI value for WTBA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.11 | NEGATIVE | The MACD value suggests WTBA has a negative trend. |
| Stochastics (14,3) | 27.72 | NEUTRAL | The Stochastics value for WTBA is a neutral value. |
| Average True Range in percent/ATR (20) | 3.13 | MEDIUM VOLATILITY | The ATR as a percentage value for WTBA suggests some volalility. |
| Average Directional Index/ADX (14) | 26.63 | POSITIVE | The high ADX value value for WTBA 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)
19.145
-1.11 (-5.46%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryBanks
Performance
% Chg-5.46%
1 Week-4.08%
2 Weeks-5.36%
1 Month-9.44%
3 Month-2.42%
6 Month0.55%
12 Month-5.13%
2 Year16.52%
3 Year-14.8%
5 Year15.4%
10 Year-3.11%
15 Year191.4%
Volatility
ATR(14)0.56
ATR(20)%3.13%
ATR Inc51.98%
Range Today1.28
ADR(20)0.59
ADR(20)%3.11%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS29.85
Mansfield-1.56
10 Day High20.55
10 Day Low19.03
20 Day High21.69
20 Day Low19.03
52 Week High24.85
52 Week Low17.31
CS1 End18.26
CR1 Start19.71
Volume & EV
DER(3)1%
DER(5)-0.66%
Volume45.70K
Volume Incr9.49%
Vol(5)50.00K
Vol(50)36.61K