WHITE MOUNTAINS INSURANCE GP (WTM)

BMG9618E1075 - Common Stock

1742.07  +37.02 (+2.17%)

Technical Rating and Analysis

6

We assign a technical rating of 6 out of 10 to WTM. In the last year, WTM was one of the better performers, but we do observe some doubts in the very recent evolution.

Warning: WTM has an average volume of 8246 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
The short term is neutral, but the long term trend is still positive. Not much to worry about for now.
When comparing the yearly performance of all stocks, we notice that WTM is one of the better performing stocks in the market, outperforming 73% of all stocks.
WTM is currently trading in the upper part of its 52 week range. The S&P500 Index is also trading in the upper part of its 52 week range, so WTM is performing more or less in line with the market.
WTM is an average performer in the Insurance industry, it outperforms 68% of 140 stocks in the same industry.
In the last month WTM has a been trading in the 1665.71 - 1849.99 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Weekly and Daily overview Charts
WTM Weekly chart
WTM Daily chart
Setup Rating and Analysis

6

WTM has an average technical rating and also the quality of the setup is only medium 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.

Support and Resistance Analysis

1,435.20

1,860.31

When analyzing the support we can see 3 important areas.

  • A support zone ranging from 1688.79 to 1725.46. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • Support @1511.47 from a trend line in the weekly time frame.
  • A support zone ranging from 1449.70 to 1454.51. This zone is formed by a combination of multiple trend lines in multiple time frames.

2 important resistance areas can be observed.

  • A resistance zone ranging from 1809.67 to 1809.68. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • Resistance @1841.89 from a horizontal line in the daily time frame.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS73.86
Mansfield0.35
10 Day High1786.29
10 Day Low1665.71
20 Day High1849.99
20 Day Low1665.71
52 Week High1849.99
52 Week Low1319.05
Performance
1 Week2.41%
2 Weeks0.16%
1 Month-5.42%
3 Month6.35%
6 Month18.68%
12 Month14.23%
2 Year66.22%
3 Year49.48%
5 Year85.52%
10 Year-63.48%
15 Year13.82%
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)
Technical Indicators
MACD(12,26,9)-6.03
RSI(14)50.68
LBB1678.3
UBB1788.03
Example Setup

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.

ENTRYEXITDISTANCECAPITAL
1,809.691,688.78120.91 (6.68%)14.97%
An entry @1809.69. This is a Buy Stop order right above the resistance zone.An exit @1688.78. This is a Stop Loss order right below the support zone.The worst case loss on the trade is limited to 120.91 points, which is 6.68%.When investing 14.97% of your capital in this trade, your total portfolio risk will be 1.00%.

  • 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.
WTM Daily chart

WHITE MOUNTAINS INSURANCE GP

NYSE:WTM (4/18/2024, 7:04:00 PM)

1742.07

+37.02 (+2.17%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryInsurance
Performance
% Chg2.17%
1 Week2.41%
2 Weeks0.16%
1 Month-5.42%
3 Month6.35%
6 Month18.68%
12 Month14.23%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)35.03
ATR(20)%1.9%
ATR Inc
Range Today2.07
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High1786.29
10 Day Low1665.71
20 Day High1849.99
20 Day Low1665.71
52 Week High1849.99
52 Week Low1319.05
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume6.40K
Volume Incr-23.74%
Vol(5)6.28K
Vol(50)8.25K