Londinia Opportunities Analyses - 03/02/2023 (GMT) WALKER & DUNLOP INC - 1H

WALKER & DUNLOP INC
- USD (-)
- 15 min delayed data - NYSE Stocks
Type: Stocks
Ticker: WD
ISIN:

Oops, I was wrong about that analysis. My threshold for invalidation has been broken.
  • U.S. Stocks
  • Timeframe : 1H
  • - Analysis generated on
  • Status : INVALID

Summary of the analysis

Trends
Short term: Strongly bearish
Underlying: Strongly bearish
Technical indicators
11%
78%
11%
My opinion
Bearish under 86.72 USD
My targets
84.90 USD (-1.44%)
82.97 USD (-3.68%)
My analysis
All elements being clearly bearish, it would be possible for traders to trade only short positions (for sale) on WALKER & DUNLOP INC as long as the price remains well below 86.72 USD. The sellers' bearish objective is set at 84.90 USD. A bearish break of this support would revive the bearish momentum. The sellers could then target the support located at 82.97 USD. In case of crossing, the next objective would be the support located at 74.17 USD. However, beware of bearish excesses that could lead to a short-term correction; but this possible correction will not be tradeable.

In the very short term, the general bearish sentiment is confirmed by technical indicators. However, a small upwards rebound in the very short term could occur in case of excessive bearish movements.
Force
0
10
8.2

Analysis too old. There are no more charts available.

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Additional analysis

Quotes

WALKER & DUNLOP INC rating 86.14 USD. The price is lower by -1.87% since the last closing and was traded between 85.60 USD and 86.94 USD over the period. The price is currently at +0.63% from its lowest and -0.92% from its highest.

85.60
86.94
86.14

The Central Gaps scanner detects a bearish opening marking the presence of sellers ahead of buyers at the opening but not sufficiently marked to allow the price to register a quotation gap.

Central Gaps

Bearish opening

Type : Bearish

Timeframe : Openning



Here is a more detailed summary of the historical variations registered by WALKER & DUNLOP INC:
The study of the highest / lowest by the Central Records scanner shows the following result:

Central Records

Near a new LOW record (1 month)

Type : Bearish

Timeframe : Weekly



Technical


Technical analysis of WALKER & DUNLOP INC in 1H shows a overall strongly bearish trend. 92.86% of the signals given by moving averages are bearish. The overall trend is supported by the strong bearish signals from short-term moving averages. The Central Indicators scanner does not detect any result on moving averages that would impact this trend.

An assessment of technical indicators shows a strong bearish signal.
Caution: the Central Indicators scanner currently detects an excess:

Central Indicators

CCI indicator is oversold : under -100

Type : Neutral

Timeframe : 1 hour


Previous candle closed under Bollinger bands

Type : Neutral

Timeframe : 1 hour


Williams %R indicator is oversold : under -80

Type : Neutral

Timeframe : 1 hour

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

Central Indicators

Pivot points : price is under support 1

Type : Neutral

Timeframe : 1 hour


Price is back under the pivot point

Type : Bearish

Timeframe : Weekly



The analysis of the price chart with Central Patterns scanners does not return any result.

The Central Candlesticks scanner currently notes the presence of this pattern in Japanese candlesticks that could mark the end of the short-term trend currently underway:

Central Candlesticks

Doji

Type : Neutral

Timeframe : 1 hour




ProTrendLines
S3
S2
S1
R1
R2
R3
Price


S3S2S1PriceR1R2R3
ProTrendLines 74.17 82.97 84.90 86.14 86.72 90.20 93.51
Change (%) -13.90% -3.68% -1.44% - +0.67% +4.71% +8.56%
Change -11.97 -3.17 -1.24 - +0.58 +4.06 +7.37
Level Major Intermediate Minor - Intermediate Intermediate Intermediate



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
Standard85.4386.0186.9087.4888.3788.9589.84
Camarilla87.3887.5187.6587.7887.9288.0588.18
Woodie85.5886.0987.0587.5688.5289.0389.99
Fibonacci86.0186.5886.9287.4888.0588.3988.95


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard78.1381.5284.8988.2891.6595.0498.41
Camarilla86.4187.0387.6588.2788.8989.5190.13
Woodie78.1381.5284.8988.2891.6595.0498.41
Fibonacci81.5284.1085.6988.2890.8692.4595.04


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard64.9674.9381.0891.0597.20107.17113.32
Camarilla82.8084.2885.7587.2388.7190.1991.66
Woodie63.0573.9879.1790.1095.29106.22111.41
Fibonacci74.9381.0984.8991.0597.21101.01107.17

Numerical data


The following is the status of the technical indicators and moving averages at the time of publication of this technical analysis:

Technical indicators
Moving averages

RSI (14): 36.69
MACD (12,26,9): -0.6300
Directional Movement: -15.93
AROON (14): -71.43
DEMA (21): 86.35
Parabolic SAR (0,02-0,02-0,2): 87.92
Elder Ray (13): -0.82
Super Trend (3,10): 88.26
Zig ZAG (10): 86.00
VORTEX (21): 0.8900
Stochastique (14,3,5): 11.45
TEMA (21): 86.31
Williams %R (14): -75.66
Chande Momentum Oscillator (20): -1.01
Repulse (5,40,3): -0.0500
ROCnROLL: 2
TRIX (15,9): -0.0800
Courbe Coppock: 3.24
MA7: 87.86
MA20: 92.30
MA50: 88.70
MA100: 86.49
MAexp7: 86.47
MAexp20: 87.27
MAexp50: 88.41
MAexp100: 90.01
Price / MA7: -1.96%
Price / MA20: -6.67%
Price / MA50: -2.89%
Price / MA100: -0.40%
Price / MAexp7: -0.38%
Price / MAexp20: -1.29%
Price / MAexp50: -2.57%
Price / MAexp100: -4.30%

Quotes : - 15 min delayed data - Actions NYSE