Washington Real Estate Investment Trust (NYSE:WRE) has a current 14-day RSI of 59.44, the 7-day is 56.24, and the 3-day is resting at 52.07. The RSI, or Relative Strength Index is a widely used oscillating indicator among traders and investors. The RSI operates in a range-bound territory with values between 0 and 100. When the RSI line heads up, the stock may be showing strength. The opposite is the case when the RSI line is moving lower. Alternate time periods may be used when following the RSI indicator. The RSI may be more volatile using a shorter period of time. Many traders keep an eye on the 30 and 70 marks on the RSI scale. A move above 70 is widely considered to show the stock as overbought, and a move below 30 would indicate that the stock may be oversold. Traders may use these levels to help identify stock price reversals.
Traders may be focusing on other technical indicators for stock assessment. Presently, Washington Real Estate Investment Trust (NYSE:WRE) has a 14-day Commodity Channel Index (CCI) of 55.23. The CCI technical indicator can be used to help determine if a stock is overbought or oversold. CCI may also be used to help discover divergences that could possibly signal reversal moves. A CCI closer to +100 may provide an overbought signal, and a CCI near -100 may offer an oversold signal. Investors may be watching other technical indicators such as the Williams Percent Range or Williams %R. The Williams %R is a momentum indicator that helps measure oversold and overbought levels. This indicator compares the closing price of a stock in relation to the highs and lows over a certain time period.
A common look back period is 14 days. Washington Real Estate Investment Trust (NYSE:WRE)’s Williams %R presently stands at -34.27. The Williams %R oscillates in a range from 0 to -100. A reading between 0 and -20 would indicate an overbought situation. A reading from -80 to -100 would indicate an oversold situation.
Currently, the 14-day ADX for Washington Real Estate Investment Trust (NYSE:WRE) is sitting at 30.46. Generally speaking, an ADX value from 0-25 would indicate an absent or weak trend. A value of 25-50 would support a strong trend. A value of 50-75 would identify a very strong trend, and a value of 75-100 would lead to an extremely strong trend. ADX is used to gauge trend strength but not trend direction. Traders often add the Plus Directional Indicator (+DI) and Minus Directional Indicator (-DI) to identify the direction of a trend.
A widely used tool among technical stock analysts is the moving average. Moving averages are considered to be lagging indicators that simply take the average price of a stock over a certain period of time. Moving averages can be very helpful for spotting peaks and troughs. They may also be used to help the trader figure out reliable support and resistance levels for the stock. Currently, the 200-day MA is sitting at 27.98.
FUTURE GROWTH ESTIMATES AND RECOMMENDATIONS
Wall Street analysts are have a consensus analyst recommendation of 2.6 on the stock. This is based on a 1-5 scale where 1 represents a Strong Buy and 5 a Strong Sell. Brokerages covering the name have a $28.21 on the stock. Strong Sell ratings are as rare as a blue moon however so don’t expect to see many recommendations below 3.
The advice provided on this website is general advice only. It has been prepared without taking into account your objectives, financial situation or needs. Before acting on this advice you should consider the appropriateness of the advice, having regard to your own objectives, financial situation and needs. Where quoted, past performance is not indicative of future performance.
EPS measures what each share is worth and also indicates how much money their sharehoders would gain if the company was to pay out all of its profits. Washington Real Estate Investment Trust’s trailing 12- months EPS is 0.32. Last year, their EPS growth was 26.60% and their EPS growth over the past five years was 105.70%.
According to the latest SEC filings, insiders at Washington Real Estate Investment Trust (NYSE:WRE) have changed their position in the stock by 0.00% over the past 6 months. Insiders now own 1.00% of total outstanding shares.
Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with MarketBeat.com's FREE daily email newsletter.