Westar Energy Inc Fund Forecast
Westar Energy Inc fund price down 0% on Tuesday
(Updated on Jun 12, 2018)
No changes to the price of Westar Energy Inc fund on the last trading day (Tuesday, 12th Jun 2018). During the last trading day the fund fluctuated 0% from a day low at $54.00 to a day high of $54.00. The price has been going up and down for this period, and there has been a -3.91% loss for the last 2 weeks.
The fund lies in the lower part of a weak rising trend in the short term, and this may normally pose a very good buying opportunity. If the lower trend floor at $53.86 is broken, it will firstly indicate a slower rate of rising, but may also be an early warning for a trend shift. Given the current short-term trend, the fund is expected to rise 9.09% during the next 3 months and, with a 90% probability hold a price between $58.75 and $62.97 at the end of this 3-month period.
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WR Signals & Forecast
There are mixed signals in the fund today. The Westar Energy Inc fund holds sell signals from both short and long-term Moving Averages giving a more negative forecast for the stock. Also, there is a general sell 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 $54.00 and $54.13. A break-up above any of these levels will issue buy signals. 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. A buy signal was issued from a pivot bottom point on Monday, June 04, 2018, and so far it has fallen 0%. Further rise is indicated until a new top pivot has been found. Furthermore, there is a buy signal from the 3 month Moving Average Convergence Divergence (MACD).
Support, Risk & Stop-loss for Westar Energy Inc fund
On the downside, the fund finds support just below today's level from accumulated volume at $51.10 and $50.56. There is a natural risk involved when a fund is testing a support level, since if this is broken, the fund then may fall to the next support level. In this case, Westar Energy Inc finds support just below today's level at $51.10. If this is broken, then the next support from accumulated volume will be at $50.56 and $49.91.
In general the fund tends to have very controlled movements and therefore the general risk is considered very low. However, be aware of low or falling volume and make sure to keep an eye on the fund During the last day, the fund moved $0 between high and low, or 0%. For the last week the fund has had daily average volatility of 0%
Our recommended stop-loss: We hold a negative evaluation for this stock. No stop-loss is set.
Trading Expectations (WR) For The Upcoming Trading Day Of Wednesday 13th
For the upcoming trading day on Wednesday, 13th we expect Westar Energy Inc to open at $54.00, and during the day (based on 14 day Average True Range), to move between $53.34 and $54.66, which gives a possible trading interval of +/-$0.663 (+/-1.23%) up or down from last closing price. If Westar Energy Inc takes out the full calculated possible swing range there will be an estimated 2.46% move between the lowest and the highest trading price during the day.
Since the stock is closer to the resistance from accumulated volume at $55.08 (2.00%) than the support at $51.10 (5.37%), our systems don't find the trading risk/reward intra-day attractive and any bets should be held until the stock is closer to the support level.
Is Westar Energy Inc fund A Buy?
Westar Energy Inc holds several negative signals and we believe that it will still perform weakly in the next couple of days or weeks. We, therefore, hold a negative evaluation of this fund.
Current score: -1.650 Sell Candidate Unchanged
Predicted Opening Price for Westar Energy Inc of Wednesday, June 13, 2018
Fair opening price June 13, 2018 | Current price |
---|---|
$54.00 ( 0%) | $54.00 |
The predicted opening price is based on yesterday's movements between high, low, and closing price.
Trading levels for WR
Fibonacci Support & Resistance Levels
Level | Price | |||
---|---|---|---|---|
Resistance | R3 | 54.00 | . | |
R2 | 54.00 | . | ||
R1 | 54.00 | . | ||
Current price: | 54.00 | |||
Support | S1 | 54.00 | . | |
S2 | 54.00 | . | ||
S3 | 54.00 | . |
Accumulated Volume Support & Resistance Levels
Level | Price | |||
---|---|---|---|---|
Resistance | R3 | 56.70 | 5.00 % | |
R2 | 56.15 | 3.98 % | ||
R1 | 55.08 | 2.00 % | ||
Current price | 54.00 | |||
Support | S1 | 51.10 | -5.37% | |
S2 | 50.56 | -6.37% | ||
S3 | 49.91 | -7.57% |
FAQ
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