Taking everything into account, WSBF scores 10 out of 10 in our technical rating. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, WSBF is showing a nice and steady performance.
Although WSBF has an excellent technical rating, it does not present a decent entry opportunity 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.
More info and screens
11.85
We found 3 important support areas.
- A support zone ranging from 15.64 to 16.05. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 14.62 to 14.95. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @11.97 from a horizontal line in the weekly time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 16.81 to 17.18. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
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 WSBF is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for WSBF is up. |
| ChartMill Relative Strength | 81.33 | POSITIVE | WSBF has a high relative strength, it outperformed 81.33% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of WSBF is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of WSBF is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of WSBF is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 60.03 | NEUTRAL | The RSI value for WSBF is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.04 | POSITIVE | The MACD value suggests WSBF has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 82.47 | OVERBOUGHT | The high Stochastics value suggests WSBF may be overbought. |
| Average True Range in percent/ATR (20) | 2.07 | MEDIUM VOLATILITY | The ATR as a percentage value for WSBF suggests some volalility. |
| Average Directional Index/ADX (14) | 36.78 | POSITIVE | The high ADX value value for WSBF suggests a strong trend. |
16.7
-0.48 (-2.79%)
WATERSTONE FINANCIAL INC / WSBF FAQ
Can you provide the ChartMill technical rating for WATERSTONE FINANCIAL INC?
ChartMill assigns a technical rating of 10 / 10 to WSBF.
What is the current trend direction of WATERSTONE FINANCIAL INC (WSBF) stock?
The current trend direction for WATERSTONE FINANCIAL INC (WSBF) is Bullish.
What is the RSI signal for WATERSTONE FINANCIAL INC (WSBF) stock?
WATERSTONE FINANCIAL INC (WSBF) has an RSI value of 60.025. This indicates that the stock is currently neutral.
Can you provide the MACD signal for WATERSTONE FINANCIAL INC?
The MACD indicator for WATERSTONE FINANCIAL INC (WSBF) has a value of 0.0432903, indicating a bearish trend.
What is the short term momentum for WATERSTONE FINANCIAL INC (WSBF) stock?
The short term momentum for WATERSTONE FINANCIAL INC (WSBF) is positive.