WINTRUST FINANCIAL CORP (WTFC) Stock Technical Analysis
USA - NASDAQ:WTFC - US97650W1080 - Common Stock
135.08 USD
-1.66 (-1.21%)
135.08 USD
0 (0%)
Taking everything into account, WTFC scores 9 out of 10 in our technical rating. Both in the recent history as in the last year, WTFC has proven to be a steady performer, scoring decent points in every aspect analyzed.
The long and short term trends are both positive. This is looking good!
Looking at the yearly performance, WTFC did better than 76% of all other stocks.
WTFC is part of the Banks industry. There are 392 other stocks in this industry. WTFC outperforms 74% of them.
WTFC 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 WTFC is lagging the market slightly.
In the last month WTFC has a been trading in the 128.31 - 141.69 range, which is quite wide. It is currently trading in the middle of this range where prices have been consolidating recently, this may present a good entry opportunity, but some resistance may be present above.
WTFC has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 139.54. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 133.03, a Stop Loss order could be placed below this zone.
More info and screens
102.72
141.22
4 important support areas can be observed.
- A support zone ranging from 131.02 to 133.03. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @126.55 from a trend line in the daily time frame.
- A support zone ranging from 122.54 to 123.83. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @103.76 from a trend line in the weekly time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 139.54 to 139.82. 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 WTFC is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for WTFC is up. |
| ChartMill Relative Strength | 76.2 | POSITIVE | WTFC has a high relative strength, it outperformed 76.2% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of WTFC is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of WTFC is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | MIXED | The current price of WTFC is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 52.51 | NEUTRAL | The RSI value for WTFC is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.55 | NEGATIVE | The MACD value suggests WTFC has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 37.28 | NEUTRAL | The Stochastics value for WTFC is a neutral value. |
| Average True Range in percent/ATR (20) | 2.08 | MEDIUM VOLATILITY | The ATR as a percentage value for WTFC suggests some volalility. |
| Average Directional Index/ADX (14) | 19.02 | NEGATIVE | The low ADX value for WTFC suggests a weak or negative 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 |
|---|---|---|---|
| 135.77 | 131.45 | 4.32 (3.18%) | 25.00% |
| An entry @135.77. This is a Buy Stop order right above the 10 day moving average. | An exit @131.45. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 4.32 points, which is 3.18%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.79%. |
- 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.
135.08
-1.66 (-1.21%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryBanks
Performance
% Chg-1.21%
1 Week-0.37%
2 Weeks-3.19%
1 Month4.95%
3 Month12.21%
6 Month19.07%
12 Month24.77%
2 Year78.91%
3 Year65.64%
5 Year237.28%
10 Year152.82%
15 Year316.79%
Volatility
ATR(14)2.74
ATR(20)%2.08%
ATR Inc22.71%
Range Today2.9
ADR(20)2.77
ADR(20)%2.05%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS76.2
Mansfield-0.13
10 Day High139.67
10 Day Low131.46
20 Day High141.69
20 Day Low128.31
52 Week High142.04
52 Week Low89.1
CS1 End133.03
CR1 Start139.54
Volume & EV
DER(3)-0.2%
DER(5)0.83%
Volume880.08K
Volume Incr27.29%
Vol(5)485.89K
Vol(50)420.55K