NYSEARCA:WTRE - NYSE Arca - US97717W3319 - ETF - Currency: USD
We assign a technical rating of 8 out of 10 to WTRE. This is due to a decent performance in both the short and medium term time frames. Compared to the overall market, WTRE is only an average performer.
Although WTRE has an excellent technical rating, it does not present a decent entry opportunity 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.
16.14
When analyzing the support we notice one important area.
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 WTRE is up. |
ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for WTRE is up. |
ChartMill Relative Strength | 66.75 | NEUTRAL | WTRE is not amongst the best or worst performers on the market. |
Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of WTRE is above the rising SMA(20). |
Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of WTRE is above the rising SMA(50). |
Simple Moving Average/SMA (200) | DOWN | MIXED | The current price of WTRE is above a declining SMA(200). |
Relative Strength Index/RSI (14) | 63.6 | NEUTRAL | The RSI value for WTRE is a neutral value. |
Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.04 | POSITIVE | The MACD value suggests WTRE has a positive trend, although the MACD value is declining. |
Stochastics (14,3) | 86.16 | OVERBOUGHT | The high Stochastics value suggests WTRE may be overbought. |
Average True Range in percent/ATR (20) | 1.08 | LOW VOLATILITY | The low ATR as a percentage value for WTRE suggests low volalility. |
Average Directional Index/ADX (14) | 25.73 | POSITIVE | The high ADX value value for WTRE suggests a strong trend. |
NYSEARCA:WTRE (6/13/2025, 8:04:00 PM)
18.7725
-0.26 (-1.35%)