WHITE MOUNTAINS INSURANCE GP (WTM) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:WTM - BMG9618E1075 - Common Stock
Taking everything into account, WTM scores 8 out of 10 in our technical rating. This is due to a decent performance in both the short and medium term time frames. Compared to the overall market, WTM is only an average performer.
WTM has an excellent technical rating and also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is a resistance zone just above the current price starting at 2025.56. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 1950.10, a Stop Loss order could be placed below this zone.
More info and screens
1,671.91
We found 5 important support areas.
- A support zone ranging from 1881.60 to 1950.10. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @1847.67 from a horizontal line in the daily time frame.
- Strong support @1767.20 from a horizontal line in the daily time frame.
- Strong support @1730.13 from a horizontal line in the weekly time frame.
- Support @1688.80 from a horizontal line in the weekly time frame.
We found 1 important resistance area.
- A resistance zone ranging from 2025.56 to 2029.07. 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 WTM is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for WTM is up. |
| ChartMill Relative Strength | 68.55 | NEUTRAL | WTM is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of WTM is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of WTM is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of WTM is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 67.67 | NEUTRAL | The RSI value for WTM is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 7.96 | POSITIVE | The MACD value suggests WTM has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 87.24 | OVERBOUGHT | The high Stochastics value suggests WTM may be overbought. |
| Average True Range in percent/ATR (20) | 1.8 | LOW VOLATILITY | The low ATR as a percentage value for WTM suggests low volalility. |
| Average Directional Index/ADX (14) | 27.05 | POSITIVE | The high ADX value value for WTM suggests a strong 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 |
|---|---|---|---|
| 2,029.08 | 1,869.99 | 159.09 (7.84%) | 12.75% |
| An entry @2029.08. This is a Buy Stop order right above the resistance zone. | An exit @1869.99. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 159.09 points, which is 7.84%. | For a 1.00% total portfolio risk, you can invest 12.75% 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.
2025.55
-1.86 (-0.09%)
WHITE MOUNTAINS INSURANCE GP / WTM FAQ
What is the ChartMill technical rating of WHITE MOUNTAINS INSURANCE GP (WTM) stock?
ChartMill assigns a technical rating of 8 / 10 to WTM.
What is the current trend direction of WHITE MOUNTAINS INSURANCE GP (WTM) stock?
The current trend direction for WHITE MOUNTAINS INSURANCE GP (WTM) is Bullish.
What is the RSI signal for WTM stock?
WHITE MOUNTAINS INSURANCE GP (WTM) has an RSI value of 67.6675. This indicates that the stock is currently neutral.
What is the MACD signal for WHITE MOUNTAINS INSURANCE GP (WTM) stock?
The MACD indicator for WHITE MOUNTAINS INSURANCE GP (WTM) has a value of 7.95985, indicating a bullish trend.
Can you provide the short term momentum for WHITE MOUNTAINS INSURANCE GP?
The short term momentum for WHITE MOUNTAINS INSURANCE GP (WTM) is positive.