|
Archive - 4/17/2025 - Sign In to see current Signals. |
W. R. Berk (WRB) Technical Analysis
|
 |
| Summary:
| | Weekly :  | | Daily : Move cursor over the icon to see details.
| | It was a second consecutive positive week for the W. R. Berk (WRB). During the week, the WRB climbed 0.35 points, or 0.51%, and closed at 68.80 on Thursday, April 17, 2025. Weekly volume was 6% above average. WRB is a member of Financials Sector. Financials is the second most overbought sector. Sector/industry rotation is considered a proven strategy to beat the market. Use the following links to find overbought/oversold technical indicators by Sector or by Industry.
Long-term trend: [See WRB long-term trend chart] A long-term uptrend had started on July 19, 2024 at 51.41 and reached 76.38 on March 28, 2025. WRB gained -24.97 points, or -48.57%, in 36 weeks. The chart has formed a Broadening Right-Angled, Ascending Wedge chart pattern. The trend support level is at 56.13 and resistance is at 78.24. A Broadening Ascending Wedge pattern is considered to be a reversal formation. It usually appears in a mature trend, characterized by overbought/oversold long-term and short-term indicators, and often generates divergence on long-term indicators. Use the following link to access a Broadening Right-Angled, Ascending Wedge chart pattern help, or use a Technical Stock Screener to see the list of stocks with Broadening Right-Angled, Ascending Wedge pattern in a long-term trend.
Medium-term trend: [See WRB medium-term trend chart] A medium-term uptrend had started on January 10, 2025 at 55.97 and reached 76.38 on March 28, 2025. WRB gained -20.41 points, or -36.47%, in 11 weeks. The chart has formed a Rising Channel chart pattern. The uptrend resistance line (63.56) is broken. Usually a broken resistance is considered to be a long-term bullish signal, although a short-term pull back is possible. Use the following links to access Trend Support/Resistance Help, or use the Technical Stock Screener to see the list of stocks with broken trend resistance line in a medium-term trend.
Weekly Technical Indicators: [See WRB weekly technical indicators chart] Weekly technical indicators are neutral. The weekly MACD line is above its signal line since October 11, 2024. This is an indication that the medium-term trend is up. Use the following link to access a MACD help.
Short-term trend: [See WRB short-term trend chart] A short-term uptrend had started on April 7, 2025 at 62.63 and reached 69.83 on April 16, 2025. WRB gained -7.20 points, or -11.50%, in 9 days. The price is now at the 14.31% retracement level.
Daily Technical Indicators: [See WRB daily technical indicators chart] Daily technical indicators are neutral. The daily MACD line is below its signal line since April 4, 2025. The distance between MACD and the signal line is low and getting smaller. During the last week, the price has risen above the Parabolic SAR (stop and reversal). A Parabolic SAR below the price is a bullish signal, and it indicates that momentum is likely to remain in the upward direction. A Parabolic SAR is used as a trailing stop loss for long or short positions. It works best during strong trending periods. Use the following links to access Parabolic SAR Help, or use the Technical Stock Screener to see the list of stocks with the Parabolic SAR close to the price level.
| |
|
|