Wheeler Real Estate Investment Trust Inc. Wt Exp 4/29/2019 Forecast and Stock Analysis
Technical WHLRW stock analysis for March 22, 2019.
No changes to the price of Wheeler Real Estate Investment Trust Inc. Wt Exp 4/29/2019 in the last trading day. The price has been going up and down for this period, and there has been a -32.89% loss for the last 2 weeks.
Close price at the end of the last trading day (Friday, 22nd Mar 2019) of the WHLRW stock was $0.01.
During day the stock fluctuated 0.00% from a day low at $0.01 to a day high of $0.01.
30 day high of the WHLRW stock price was $0.03 and low was $0.01.
90 day high was $0.04 and low was $0.01.
52 week high for the Wheeler Real Estate Investment Trust Inc. Wt Exp 4/29/2019 - $0.07 and low - $0.01.
Wheeler Real Estate Investment Trust Inc. Wt Exp 4/29/2019 lies in the middle of a very wide and falling trend in the short term and further fall within the trend is signaled. Given the current short-term trend, the stock is expected to fall -7.01% during the next 3 months and, with 90% probability hold a price between $0.00 and $0.03 at the end of this period.
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 Thursday March 21, 2019, which indicates further falls until a new bottom pivot has been found. Volume fell on the last day without any changes to the price. This does not cause any direct divergence but may be an early warning and a possible "turning point". The very low volume increases the risk and reduces the other technical signals issued.
Relative Strength Index (RSI)
RSI14 is 50 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.
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 periodic low trading volume this stock is considered to be "high risk". During the last day, the stock moved $0.00 between high and low, or 0.00%. For the last week the stock has had a daily average volatility of 0.00%.
Our recommended stoploss: We hold a sell evaluation for this stock. No stop-loss set.
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Evaluation: Sell Candidate
Wheeler Real Estate Investment Trust Inc. Wt Exp 4/29/2019 holds several negative signals and is within a very wide and falling trend, so we believe it will still perform weakly in the next couple of days or weeks. We therefore hold a negative evaluation of this stock.