SPDR MSCI WORLD COMMUNICATIO (WTEL.AS) Stock Technical Analysis
Europe - Euronext Amsterdam - AMS:WTEL - IE00BYTRRG40 - ETF
We assign a technical rating of 7 out of 10 to WTEL. This is due to a decent performance in both the short and medium term time frames. Compared to the overall market, WTEL is only an average performer.
Besides having an excellent technical rating, WTEL also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 70.71. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 70.10, a Stop Loss order could be placed below this zone.
More info and screens
54.04
We found 3 important support areas.
- A support zone ranging from 68.42 to 70.10. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 66.72 to 66.72. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @54.59 from a trend line in the weekly time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 70.71 to 70.71. 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 WTEL.AS is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for WTEL.AS is up. |
| ChartMill Relative Strength | 61.04 | NEUTRAL | WTEL.AS is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of WTEL.AS is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of WTEL.AS is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of WTEL.AS is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 59.19 | NEUTRAL | The RSI value for WTEL.AS is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.13 | POSITIVE | The MACD value suggests WTEL.AS has a positive trend. |
| Stochastics (14,3) | 82.13 | OVERBOUGHT | The high Stochastics value suggests WTEL.AS may be overbought. |
| Average True Range in percent/ATR (20) | 1.08 | LOW VOLATILITY | The low ATR as a percentage value for WTEL.AS suggests low volalility. |
| Average Directional Index/ADX (14) | 8.01 | NEGATIVE | The low ADX value for WTEL.AS suggests a weak or negative 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 |
|---|---|---|---|
| 70.72 | 68.14 | 2.58 (3.65%) | 25.00% |
| An entry @70.72. This is a Buy Stop order right above the resistance zone. | An exit @68.14. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 2.58 points, which is 3.65%. | For a 0.91% total portfolio risk, you can invest 25.00% 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.
AMS:WTEL (1/9/2026, 7:00:00 PM)
70.15
+0.38 (+0.54%)
SPDR MSCI WORLD COMMUNICATIO / WTEL.AS FAQ
Can you provide the ChartMill technical rating for SPDR MSCI WORLD COMMUNICATIO?
ChartMill assigns a technical rating of 7 / 10 to WTEL.AS.
What is the trend direction for WTEL stock?
The current trend direction for SPDR MSCI WORLD COMMUNICATIO (WTEL.AS) is Bullish.
What is the RSI signal for SPDR MSCI WORLD COMMUNICATIO (WTEL.AS) stock?
SPDR MSCI WORLD COMMUNICATIO (WTEL.AS) has an RSI value of 59.1918. This indicates that the stock is currently neutral.
What is the buy/sell signal for SPDR MSCI WORLD COMMUNICATIO (WTEL.AS) stock?
The buy/sell signal for SPDR MSCI WORLD COMMUNICATIO (WTEL.AS) is buy as both the short term and long term trends are positive.
What is the support and resistance level for WTEL stock?
SPDR MSCI WORLD COMMUNICATIO (WTEL.AS) has a support level at 70.1 and a resistance level at 70.71. Check the full technical report for our detailed analysis of WTEL.AS support and resistance levels.