Taking everything into account, EES scores 8 out of 10 in our technical rating. This is due to a decent performance in both the short and medium term time frames. Compared to the overall market, EES is only an average performer.
Although EES has an excellent technical rating, it does not offer a high quality setup at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
50.19
When analyzing the support we can see 4 important areas.
When analyzing the resistance we notice one important area.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | UP | POSITIVE | The long term trend for EES is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for EES is up. |
| ChartMill Relative Strength | 56.4 | NEUTRAL | EES is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of EES is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of EES is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of EES is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 66.81 | NEUTRAL | The RSI value for EES is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.3 | POSITIVE | The MACD value suggests EES has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 92.63 | OVERBOUGHT | The high Stochastics value suggests EES may be overbought. |
| Average True Range in percent/ATR (20) | 1.45 | LOW VOLATILITY | The low ATR as a percentage value for EES suggests low volalility. |
| Average Directional Index/ADX (14) | 23.18 | NEUTRAL | The ADX value for EES suggests a possible start of a new trend. |
58.35
-0.48 (-0.82%)
ChartMill assigns a technical rating of 8 / 10 to EES.
The current trend direction for WISDOMTREE US SMALLCAP FUND (EES) is Bullish.
WISDOMTREE US SMALLCAP FUND (EES) has an RSI value of 66.8073. This indicates that the stock is currently neutral.
The MACD indicator for WISDOMTREE US SMALLCAP FUND (EES) has a value of 0.303679, indicating a bearish trend.
WISDOMTREE US SMALLCAP FUND (EES) has a support level at 55.91 and a resistance level at 58.36. Check the full technical report for our detailed analysis of EES support and resistance levels.