Wheeler Real Estate Investment Trust Inc. Wt Exp 4/29/2019 Stock Analysis
Technical stock analysis for 18 January 2019
Wheeler Real Estate Investment Trust Inc. Wt Exp 4/29/2019 fell by -34.00% in the last day from $0.01 to $0.01 The price has been going up and down for this period, and there has been a 13.79% gain for the last 2 weeks. Volume has increased in the last day by 4 279 shares, but on falling prices. This may be an early warning and the risk will be increased slightly for the next couple of days. In total, 4 279 shares bought and sold for approximately $28.24.
Close price at the end of the last trading day (Friday, 18th Jan 2019) of the WHLRW stock was $0.01. This is 34% less than the trading day before Thursday, 17th Jan 2019.
During day the stock fluctuated 278.79% from a day low at $0.01 to a day high of $0.03.
30 day high of the WHLRW stock price was $0.03 and low was $0.01.
90 day high was $0.03 and low was $0.01.
52 week high for the Wheeler Real Estate Investment Trust Inc. Wt Exp 4/29/2019 - $0.08 and low - $0.01.
Wheeler Real Estate Investment Trust Inc. Wt Exp 4/29/2019 has broken the very wide and strong rising short-term trend down. This signalize a slower rising rate, but may also be an early warning about a possible trend shift. Due to trend being broken there will now be resistance at the bottom line of the trend at $0.01. A reaction back to this level may hold a second chance to get out before further falls.
There are few to none technical positive signals at the moment. Wheeler Real Estate Investment Trust Inc. Wt Exp 4/29/2019 holds sales signals from both short- and long-term moving averages. In addition, there is a general sales signal from the relation between the two signals where the long-term average is above the short-term average. On corrections up there will be some resistance from the lines at $0.01 and $0.01. A break-up above any of these levels will issue buy signals. A sales signal was issued from a pivot top point on Monday January 14, 2019, which indicates further falls until a new bottom pivot has been found. Wheeler Real Estate Investment Trust Inc. Wt Exp 4/29/2019 gained volume on the last day, but on falling prices. In technical terms this is called divergence and may be an early warning. In some cases increasing volume on falling prices may be considered positive, but that is mainly in typical "sell-off's". The very low volume increases the risk and reduces the other technical signals issued.
Relative Strength Index (RSI)
RSI14 is 49 and the stock is currently not being overbought or oversold
Support & Resistance
On the downside, the stock finds support just below today's level from accumulated volume at $0.01 and $0.01.
With no support from accumulated volume below today's level the risk is increased, as a drop below the support at $0.00 may give a huge drop in the stock price.
This stock may move much during a day (volatility) and with a large prediction interval from the Bollinger Band this stock is considered to be "high risk". During the last day, the stock moved $0.02 between high and low, or 278.79%. For the last week, the stock has had a daily average volatility of 83.95%.
Our recommended stoploss: We hold a sell evaluation for this stock. No stop-loss set.
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The Wheeler Real Estate Investment Trust Inc. Wt Exp 4/29/2019 stock holds several negative signals and despite the positive trend we believe Wheeler Real Estate Investment Trust Inc. Wt Exp 4/29/2019 will perform weak in the next couple of days or weeks. Therefore, we hold a negative evaluation of this stock.