Wellington (WELLING.NDX)

Close: 11 891.00 (+115.56), Apr 8, 2025
Negative

Liquidity risk: Volatility risk:

Overall analysis

Wellington is technically negative for the short and medium term, and neutral for the long term.

Recommendation one to six months: Negative

Short term

Wellington is in a falling trend channel in the short term. This shows that investors over time have sold at lower prices to get out of the index, and indicates negative development for the market. There is no support in the price chart and further decline is indicated. In case of a positive reaction, the index has resistance at 12040 points. The index is assessed as technically negative for the short term.

Recommendation one to six weeks: Negative

Medium term

Wellington has broken through the floor of a rising trend channel in the medium long term. This indicates a slower rising rate at first, or the start of a more horizontal development. The index has broken down through support at points 11960. This predicts a further decline. In case of positive reactions, there will now be resistance at points 11960. RSI is below 30 after the falling prices of the past weeks. The index has strong negative momentum and further decline is indicated. However, particularly in big stocks, low RSI may be a sign that the stock is oversold and that there is a chance for a reaction upwards. The RSI curve shows a falling trend, which could be an early signal of the start of a falling trend for the price as well. The index is overall assessed as technically negative for the medium long term.

Recommendation one to six months: Negative

Long term

Wellington has broken the floor of the rising trend channel in the long term, which indicates a weaker initial rising rate. The index is moving within a rectangle formation between support at 10884 and resistance at 13368. A decisive break through one of these levels indicates the new direction for the index. The index is between support at points 11600 and resistance at points 12100. A definitive break through of one of these levels predicts the new direction. The RSI curve shows a falling trend, which could be an early signal of the start of a falling trend for the price as well. The index is overall assessed as technically neutral for the long term.

Recommendation one to six quarters: Hold



Period  
 Vol.bal. Volatility Liquidity +/- %
1 day-0.51%0.00+0.98%
5 days-66.631.64%5.99-3.42%
22 days-34.354.08%1.36-8.45%
66 days-24.457.60%0.45-6.85%
 


Investtech guarantees neither the entirety nor accuracy of the analyses. Any consequent exposure related to the advice / signals which emerge in the analyses is completely and entirely at the investors own expense and risk. Investtech is not responsible for any loss, either directly or indirectly, which arises as a result of the use of Investtechs analyses. Details of any arising conflicts of interest will always appear in the investment recommendations. Further information about Investtechs analyses can be found here disclaimer. The content provided by Investtech.com is NOT SEC or FSA regulated and is therefore not intended for US or UK consumers.


Investtech guarantees neither the entirety nor accuracy of the analyses. Any consequent exposure related to the advice / signals which emerge in the analyses is completely and entirely at the investors own expense and risk. Investtech is not responsible for any loss, either directly or indirectly, which arises as a result of the use of Investtechs analyses. Details of any arising conflicts of interest will always appear in the investment recommendations. Further information about Investtechs analyses can be found here disclaimer. The content provided by Investtech.com is NOT SEC or FSA regulated and is therefore not intended for US or UK consumers.

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