Wellington (WELLING.NDX)

Close: 13 042.00 (+276.66), Nov 22, 2024
Positive

Liquidity risk: Volatility risk:

Overall analysis

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

Recommendation one to six months: Positive

Short term

Investors have paid higher prices over time to buy Wellington and the index is in a rising trend channel in the short term. Rising trends indicate that the market experiences positive development and that buy interest among investors is increasing. There is no resistance in the price chart and further rise is indicated. In case of a negative reaction, the index has support at approximately 12830 points. The index is assessed as technically positive for the short term.

Recommendation one to six weeks: Positive

Medium term

Wellington is in a rising trend channel in the medium long term. Rising trends indicate that the market experiences positive development and that buy interest among investors is increasing. The index has broken a resistance level in the short term and given a positive signal for the short-term trading range. There is no resistance in the price chart and further rise is indicated. In case of a negative reaction, the index has support at approximately 12830 points. The index is overall assessed as technically positive for the medium long term.

Recommendation one to six months: Positive

Long term

Wellington shows strong development within a rising trend channel in the long term. Rising trends indicate that the market experiences positive development and that buy interest among investors is increasing. The index is moving within a rectangle formation between support at 10855 and resistance at 13532. A decisive break through one of these levels indicates the new direction for the index. The index is approacing resistance at 13300 points, which may give a negative reaction. However, a break upwards through 13300 points will be a positive signal. 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-0.48%0.00+2.17%
5 days0.001.47%0.00+2.75%
22 days0.003.63%0.00+3.17%
66 days-18.047.13%12.10+6.52%
 


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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