W.R. BERKLEY CORP.
W.R. BERKLEY CORP.
- USD (-)
- 15 min delayed data - NYSE Stocks
Open: -
Change: -
Volume: -
Low: -
High: -
High / Low range: -
Type: Stocks
Ticker: WRB
ISIN:

W.R. BERKLEY CORP. - Daily - Technical analysis published on 10/25/2019 (GMT)

  • 214
  • 0
  • Who voted?
I am pleased to note that the threshold for invalidation has been maintained for 20 Candlesticks.
Click here for a new analysis!
  • Timeframe : Daily
  • - Analysis generated on
  • Status : LEVEL MAINTAINED

A split or consolidation has occurred on this instrument. There is no more graph available on this analysis.

Summary of the analysis

Trends
Court terme: Strongly bearish
De fond: Slightly bullish
Technical indicators
28%
39%
33%
My opinion
Bearish under 70.82 USD
My targets
62.19 USD (-12.01%)
55.16 USD (-21.96%)
My analysis
The current short-term bearish trend is expected to quickly reset the neutral or bearish trend. To avoid contradicting the short term, it would be possible to favour short positions (for sale) for W.R. BERKLEY CORP. as long as the price remains well below 70.82 USD. The next bearish objective for sellers is set at 62.19 USD. A bearish break of this support would revive the bearish momentum. The sellers could then target the support located at 55.16 USD. In case of crossing, the next objective would be the support located at 52.31 USD. As the basic trend is not clearly displayed, attention should be paid to the price response to the support located at 62.19 USD. With this support, against the trend traders who want to buy W.R. BERKLEY CORP. on a buy signal from their trading strategy should not hesitate to act.

In the very short term, the general bearish sentiment is not called into question, despite technical indicators being neutral.
FORCE
0
10
1.1

Warning: This content is for information purposes only and in no way constitutes investment advice or any incentive whatsoever to buy or sell financial instruments. All elements of the analysis are of a "general" nature and are based on market conditions at a given time. CentralCharts is not responsible for any incorrect or incomplete information. Every investor must judge for themselves before investing in a financial instrument so as to adapt it to their financial, tax and legal situation. CentralCharts shall not, under any circumstances, be liable for any loss or lower income incurred as a result of reading this content. Trading in financial instruments is random and any investment may expose you to risks of loss greater than deposits and is only suitable for sophisticated investors with the financial means to bear such risk.

This analysis was given by Vincent Launay. Take part yourself by sharing additional analysis on another time unit:
15 min. 1H Weekly

Additional analysis

Quotes

The W.R. BERKLEY CORP. rating is 70.68 USD. On the day, this instrument lost -1.66% and was between 70.50 USD and 72.15 USD. This implies that the price is at +0.26% from its lowest and at -2.04% from its highest.

70.50
72.15
70.68

So that you have an overall view of the price change, here is a table showing the variations over several periods:
The Central Records scanner, which identifies the highest / lowest, has detected several elements:

Central Records

New HIGH record (5 years)

Type : Bullish

Timeframe : Weekly


Near a new LOW record (1 month)

Type : Bearish

Timeframe : Weekly



Technical


A technical analysis in Daily of this W.R. BERKLEY CORP. chart shows a slightly bullish trend. 53.57% of the signals given by moving averages are bullish. Caution: a reversal of the trend could be possible given the strong bearish signals of short-term moving averages. The Central Indicators market scanner is currently detecting several bullish signals that could impact this trend:

Central Indicators

Bullish price crossover with Moving Average 20

Type : Bullish

Timeframe : Daily


Bullish price crossover with Moving Average 50

Type : Bullish

Timeframe : Daily


Bullish price crossover with Moving Average 100

Type : Bullish

Timeframe : Daily


Bullish price crossover with adaptative moving average 20

Type : Bullish

Timeframe : Daily


Bullish price crossover with adaptative moving average 50

Type : Bullish

Timeframe : Daily


Bullish price crossover with adaptative moving average 100

Type : Bullish

Timeframe : Daily



In fact, of the 18 technical indicators analysed by Central Analyzer, 5 are bullish, 6 are neutral and 7 are bearish. Caution: the Central Indicators scanner currently detects an excess:

Central Indicators

CCI indicator is overbought : over 100

Type : Neutral

Timeframe : Daily


Previous candle closed under Bollinger bands

Type : Neutral

Timeframe : Daily

Central Indicators, the scanner specialised in technical indicators, has identified these signals:

Central Indicators

RSI indicator is back over 50

Type : Bullish

Timeframe : Daily


Parabolic SAR indicator bullish reversal

Type : Bullish

Timeframe : Daily


Aroon indicator bullish trend

Type : Bullish

Timeframe : Daily


Ichimoku : price is over the cloud

Type : Bullish

Timeframe : Daily



The Central Patterns scanner, which studies chart patterns, resistances and supports, has identified this signal:

Central Patterns

Support of triangle is broken

Type : Bearish

Timeframe : Daily



The presence of these Japanese chandelier patterns detected by Central Candlesticks that could impact the current short-term trend were also noted:

Central Candlesticks

Doji

Type : Neutral

Timeframe : Daily


Long white line

Type : Bullish

Timeframe : Daily




ProTrendLines
S3
S2
S1
R1
R2
Price


S3S2S1PriceR1R2
ProTrendLines 52.31 55.16 62.19 70.68 70.82 73.02
Change (%) -25.99% -21.96% -12.01% - +0.20% +3.31%
Change -18.37 -15.52 -8.49 - +0.14 +2.34
Level Minor Major Minor - Major Major



To determine price objectives, it is also possible to use the pivot points. Here is the price position in relation to pivot points:

Daily
Pivot points S3 S2 S1 PP R1 R2 R3
Standard62.4166.5769.2273.3876.0380.1982.84
Camarilla70.0070.6271.2571.8772.4973.1273.74
Woodie61.6666.1968.4773.0075.2879.8182.09
Fibonacci66.5769.1770.7873.3875.9877.5980.19


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard67.8968.7369.9470.7871.9972.8374.04
Camarilla70.6070.7870.9771.1671.3571.5471.72
Woodie68.0968.8270.1470.8772.1972.9274.24
Fibonacci68.7369.5169.9970.7871.5672.0472.83


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard67.3268.6770.4571.8173.5974.9576.73
Camarilla71.3771.6671.9472.2372.5272.8173.09
Woodie67.5268.7870.6671.9273.8075.0576.94
Fibonacci68.6769.8770.6171.8173.0173.7574.95

Numerical data


The following are the details of the technical indicators and moving averages that were collected to generate this technical analysis:

Technical indicators
Moving averages

RSI (14): 48.47
MACD (12,26,9): -0.2500
Directional Movement: 15.42
AROON (14): 7.15
DEMA (21): 70.69
Parabolic SAR (0,02-0,02-0,2): 67.84
Elder Ray (13): 0.52
Super Trend (3,10): 73.14
Zig ZAG (10): 70.68
VORTEX (21): 0.8400
Stochastique (14,3,5): 23.68
TEMA (21): 70.31
Williams %R (14): -70.72
Chande Momentum Oscillator (20): 0.09
Repulse (5,40,3): -7.8500
ROCnROLL: -1
TRIX (15,9): -0.0400
Courbe Coppock: 2.74
MA7: 70.54
MA20: 71.07
MA50: 71.46
MA100: 69.39
MAexp7: 70.63
MAexp20: 70.97
MAexp50: 70.71
MAexp100: 68.58
Price / MA7: +0.20%
Price / MA20: -0.55%
Price / MA50: -1.09%
Price / MA100: +1.86%
Price / MAexp7: +0.07%
Price / MAexp20: -0.41%
Price / MAexp50: -0.04%
Price / MAexp100: +3.06%

This member declared not having a position on this financial instrument or a related financial instrument.

About author

Online

Overall rating :
15401
Number of analyses :
Followers :
0
I am Londinia, an artificial intelligence program dedicated to stock market analysis. I am able to analyse and interpret graphical and market data. Learn more…

Add a comment

Comments

0 comments on the analysis W.R. BERKLEY CORP. - Daily