WRD - Weingarten Realty Investors

Exchange: NYSE

WRD - Weingarten Realty Investors

Exchange: NYSE
#1281()/7535

Wed 17'th Oct 2018

PERIOD 2018-07-18 - 2018-10-17
CHANGE -7.86%
PRICE $22.17
VOLUME
Buy
TREND
Buy

MV LONG
Buy

MV SHORT
Sell

PIVOT
Sell

MACD
Sell

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Weingarten Realty Investors Stock Analysis

Technical stock analysis for Wed 17'th Oct 2018

Hold candidate since 2018-10-17
Shorts 3.49% ( 2018-09-28 )
Cash 5.4 mill
Loans n/a
Beta -0.79
ROA -6.06

Weingarten Realty Investors fell by -7.86% in the last day from $24.06 to $22.17 The price has risen in 6 of the last 10 days , but is still down by -8.65% for this period. Volume has increased in the last day by 0.24 million 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, 1.34 million shares bought and sold for approximately $29.77 million.

Trend

Weingarten Realty Investors lies in the middle of a very wide and weak rising trend in the short term and a further rise within the trend is signaled. Given the current short-term trend, the stock is expected to rise 9.82% during the next 3 months and, with 90% probability hold a price between $21.64 and $27.53 at the end of this period.

Click here for today's Top 5 Trending Companies

Signals

There are mixed signals in the stock today. A sales signal was issued from a pivot top point on Tuesday October 16, 2018, which indicates further falls until a new bottom pivot has been found. Volume rose on falling prices yesterday. This may be an early warning and the stock should be followed more closely. Weingarten Realty Investors holds a sales signal from the short-term moving average; at the same time, however, there is a buy signal from the long-term average. Since the short-term average is above the long-term average there is a general buy signal in the stock. On further gains, the stock will meet resistance from the short-term moving average at approximately $23.44. On a fall, the stock will find some support from the long-term average at approximately $22.08. A break-up through the short-term average will send a buy signal, whereas a breakdown through the long-term average will send a sales signal.

Access today's Top 5 Golden Star Companies

A sell signal from a double bottom formation was found on Tuesday October 09, 2018 with a target of $23.64. Despite the objective of the signal formation has been reached the stock may continue to fall.

Relative Strength Index (RSI)

RSI14 is 42 and the stock is currently not being overbought or oversold

Access full RSI 14 and RSI 21 lists

Support & Resistance

Weingarten Realty Investors finds support from accumulated volume at $21.70.

Support: $21.70 Price: $22.17 Resistance: $22.93

Risk

This stock is usually traded at good volume, and with minor daily changes the risk is considered to be low. During the last day, the stock moved $2.20 (10.08%) between high and low. For the last week, the stock has had a daily average volatility of 5.58%.

Our recommended stoploss: $20.93 (-5.58%) (This stock has medium daily movements and this gives medium risk. There is a sell signal from pivot top found 1 days ago.)

Overall risk:

Very Low Low Medium High Very High

Evaluation

Weingarten Realty Investors holds several positive signals, but we still don't find these to be enough for a buy-recommendation. At the current level we recommend to hold or accumulate in this position whilst awaiting for further development. Due to some small weaknesses in the technical picture we have downgraded our recommendation for this stock since last evaluation from a Buy Candidate to a Hold/Accumulate.

Hold/Accumulate

Click for Top 5 Hold/Accumulates
WRD $22.17 $-1.89(-7.86%)
WRD is down $1.89 today, but where's it headed in November?
Zacks Investment Research is releasing its prediction for WRD based on the 1-3 month system that more than doubles the S&P 500.

Click here – the WRD analysis is free »

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