ISHARES MSCI HLTH CARE-USD D (WHCS.AS) Stock Technical Analysis
AMS:WHCS - Euronext Amsterdam - IE00BJ5JNZ06 - ETF - Currency: USD
Taking everything into account, WHCS scores 4 out of 10 in our technical rating. Recently some decent action could be observed, but in the medium term time frame this is still negative. WHCS was also a bad performer in the overall market in the last year.
Although the technical rating is only medium, WHCS does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. There is a resistance zone just above the current price starting at 7.40. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 7.29, a Stop Loss order could be placed below this zone. Another positive sign is the recent Pocket Pivot signal.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
6.75
2 important support areas can be observed.
- A support zone ranging from 7.12 to 7.29. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 6.82 to 6.90. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 7.40 to 7.42. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Resistance @7.60 from a horizontal line in the daily time frame.
AMS:WHCS (3/7/2025, 7:00:00 PM)
7.3276
-0.01 (-0.19%)