WHITE MOUNTAINS INSURANCE GP (WTM) Stock Technical Analysis
NYSE:WTM - New York Stock Exchange, Inc. - BMG9618E1075 - Common Stock - Currency: USD
Overall WTM gets a technical rating of 1 out of 10. WTM scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
The long term trend is still negative, but the short term trend is neutral. It is advised to wait a little bit longer to see how this turns out.
When comparing the yearly performance of all stocks, WTM is a bad performer in the overall market: 73% of all stocks are doing better.
WTM is one of the lesser performing stocks in the Insurance industry. 69% of 144 stocks in the same industry do better.
Warning: WTM has an average volume of 17016 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
WTM is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so WTM is lagging the market.
In the last month WTM has a been trading in a tight range between 1741.28 and 1826.38.
Although the technical rating is bad, WTM does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 1777.85. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 1770.38, a Stop Loss order could be placed below this zone.
More info and screens
1,670.91
2,035.16
When analyzing the support we can see 3 important areas.
- A support zone ranging from 1765.53 to 1770.38. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 1730.13 to 1736.12. This zone is formed by a combination of multiple trend lines in the weekly time frame.
- A support zone ranging from 1687.79 to 1699.34. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 4 important areas.
- A resistance zone ranging from 1777.85 to 1792.41. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 1822.93 to 1827.96. This zone is formed by a combination of multiple trend lines in the daily time frame.
- A resistance zone ranging from 1884.61 to 1896.62. This zone is formed by a combination of multiple trend lines in the daily time frame.
- A resistance zone ranging from 2010.00 to 2015.01. 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 | DOWN | NEGATIVE | The long term trend for WTM is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for WTM is neutral. |
| ChartMill Relative Strength | 27.08 | NEGATIVE | WTM has a low relative strength, it was outperformed by 72.92% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of WTM is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of WTM is below the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of WTM is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 48.07 | NEUTRAL | The RSI value for WTM is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -1.64 | NEGATIVE | The MACD value suggests WTM has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 29.54 | NEUTRAL | The Stochastics value for WTM is a neutral value. |
| Average True Range in percent/ATR (20) | 1.54 | LOW VOLATILITY | The low ATR as a percentage value for WTM suggests low volalility. |
| Average Directional Index/ADX (14) | 9.9 | NEGATIVE | The low ADX value for WTM 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)
1771.14
-10.59 (-0.59%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryInsurance
Performance
% Chg-0.59%
1 Week0.5%
2 Weeks-0.89%
1 Month-0.67%
3 Month-6.91%
6 Month-7.69%
12 Month-2.55%
2 Year27.52%
3 Year42.13%
5 Year99.46%
10 Year-66.2%
15 Year-31.71%
Volatility
ATR(14)27.83
ATR(20)%1.54%
ATR Inc-5.04%
Range Today13.99
ADR(20)25.43
ADR(20)%1.44%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS27.08
Mansfield-0.81
10 Day High1794.41
10 Day Low1741.28
20 Day High1826.38
20 Day Low1741.28
52 Week High2023
52 Week Low1666.22
CS1 End1770.38
CR1 Start1777.85
Volume & EV
DER(3)0.03%
DER(5)0.01%
Volume16.90K
Volume Incr-9.83%
Vol(5)19.26K
Vol(50)17.02K