WALKER & DUNLOP INC - Daily - Technical analysis published on 12/02/2019 (GMT)
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- Timeframe : Daily
- - Analysis generated on
- Status : TARGET REACHED
Summary of the analysis
Trends
Court terme:
Strongly bullish
De fond:
Strongly bullish
Technical indicators
44%
11%
44%
My opinion
Bullish above 64.09 USD
My targets
66.06 USD (+0.53%)
My analysis
WALKER & DUNLOP INC is part of a very strong bullish trend. Traders may consider trading only long positions (at the time of purchase) as long as the price remains well above 64.09 USD. The next resistance located at 66.06 USD is the next bullish objective to be reached. A bullish break in this resistance would boost the bullish momentum. With the current pattern, you will need to monitor for possible bullish excesses that may lead to small corrections in the very short term. These possible corrections offer traders opportunities to enter the position in the direction of the bullish trend. Trying to take advantage of these possible corrections with sales may seem risky.
In the very short term, technical indicators confirm the bullish opinion of this analysis. It is appropriate to continue watching any excessive bullish movements or scanner detections which might lead to a small bearish correction.
FORCE
0
10
7.1
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This analysis was given by Vincent Launay. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
WALKER & DUNLOP INC rating 65.71 USD. The price has increased by +0.02% since the last closing and was traded between 65.09 USD and 65.84 USD over the period. The price is currently at +0.95% from its lowest and -0.20% from its highest.65.09
65.84
65.71
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.
Bearish opening
Type : Bearish
Timeframe : Openning
A study of price movements over other periods shows the following variations:
Near a new HIGH record (5 years)
Type : Bullish
Timeframe : Weekly
Near a new HIGH record (1 year)
Type : Bullish
Timeframe : Weekly
Near a new HIGH record (1st january)
Type : Bullish
Timeframe : Weekly
Near a new HIGH record (1 month)
Type : Bullish
Timeframe : Weekly
Technical
A technical analysis in Daily of this WALKER & DUNLOP INC chart shows a strongly bullish trend. 92.86% of the signals given by moving averages are bullish. This strongly bullish trend is supported by the strong bullish signals given by short-term moving averages. The Central Indicators market scanner currently does not detect any result that concerns moving averages.
In fact, according to the parameters integrated into the Central Analyzer system, only 8 technical indicators out of 18 analysed are currently bullish. Caution: the Central Indicators scanner currently detects an excess:
Williams %R indicator is overbought : over -20
Type : Neutral
Timeframe : Daily
Price is back over the pivot point
Type : Bullish
Timeframe : Daily
Price is back over the pivot point
Type : Bullish
Timeframe : Weekly
Momentum indicator is back under 0
Type : Bearish
Timeframe : Daily
No signals are given by Central Patterns, a market scanner specialised in chart patterns, resistances and supports.
For a small rebound in the very short term, the Central Candlesticks scanner currently notes the presence of this bullish pattern in Japanese candlesticks:
Bullish engulfing lines
Type : Bullish
Timeframe : Daily
ProTrendLines
S3
S2
S1
R1
Price
| S3 | S2 | S1 | Price | R1 | |
|---|---|---|---|---|---|
| ProTrendLines | 57.36 | 61.22 | 64.09 | 65.71 | 66.06 |
| Change (%) | -12.71% | -6.83% | -2.47% | - | +0.53% |
| Change | -8.35 | -4.49 | -1.62 | - | +0.35 |
| Level | Intermediate | Major | Intermediate | - | Major |
Attention could also be paid to pivot points to set price objectives:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 63.56 | 64.01 | 64.85 | 65.30 | 66.14 | 66.59 | 67.43 |
| Camarilla | 65.35 | 65.46 | 65.58 | 65.70 | 65.82 | 65.94 | 66.06 |
| Woodie | 63.77 | 64.11 | 65.06 | 65.40 | 66.35 | 66.69 | 67.64 |
| Fibonacci | 64.01 | 64.50 | 64.80 | 65.30 | 65.79 | 66.09 | 66.59 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 63.13 | 63.66 | 64.68 | 65.21 | 66.23 | 66.76 | 67.78 |
| Camarilla | 65.27 | 65.42 | 65.56 | 65.70 | 65.84 | 65.98 | 66.13 |
| Woodie | 63.38 | 63.78 | 64.93 | 65.33 | 66.48 | 66.88 | 68.03 |
| Fibonacci | 63.66 | 64.25 | 64.62 | 65.21 | 65.80 | 66.17 | 66.76 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 57.05 | 59.02 | 62.36 | 64.32 | 67.66 | 69.63 | 72.97 |
| Camarilla | 64.24 | 64.73 | 65.21 | 65.70 | 66.19 | 66.67 | 67.16 |
| Woodie | 57.74 | 59.36 | 63.05 | 64.67 | 68.35 | 69.97 | 73.66 |
| Fibonacci | 59.02 | 61.04 | 62.29 | 64.32 | 66.35 | 67.60 | 69.63 |
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): | 66.27 | |
| MACD (12,26,9): | 1.1400 | |
| Directional Movement: | 3.00 | |
| AROON (14): | -21.43 | |
| DEMA (21): | 66.09 | |
| Parabolic SAR (0,02-0,02-0,2): | 64.40 | |
| Elder Ray (13): | 0.49 | |
| Super Trend (3,10): | 62.19 | |
| Zig ZAG (10): | 65.63 | |
| VORTEX (21): | 1.1300 | |
| Stochastique (14,3,5): | 72.89 | |
| TEMA (21): | 65.87 | |
| Williams %R (14): | -26.91 | |
| Chande Momentum Oscillator (20): | 1.05 | |
| Repulse (5,40,3): | 1.6600 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.3100 | |
| Courbe Coppock: | 3.67 |
| MA7: | 65.08 | |
| MA20: | 64.73 | |
| MA50: | 61.20 | |
| MA100: | 58.50 | |
| MAexp7: | 65.31 | |
| MAexp20: | 64.43 | |
| MAexp50: | 61.95 | |
| MAexp100: | 59.24 | |
| Price / MA7: | +0.97% | |
| Price / MA20: | +1.51% | |
| Price / MA50: | +7.37% | |
| Price / MA100: | +12.32% | |
| Price / MAexp7: | +0.61% | |
| Price / MAexp20: | +1.99% | |
| Price / MAexp50: | +6.07% | |
| Price / MAexp100: | +10.92% |
News
Don"t forget to follow the news on WALKER & DUNLOP INC. At the time of publication of this analysis, the latest news was as follows:
- Walker & Dunlop Bolsters Small Loans Team with Two Hires
- Walker & Dunlop Structures Financing for 1,300-Bed Student Housing Property at The University of Alabama
- Walker & Dunlop Expands Property Sales Platform to Milwaukee with Focused Seniors Housing Professional
- Walker & Dunlop Launches "What Drives You" Campaign
- Walker & Dunlop Lends $48 Million for Castle-Themed Apartment Community in Michigan
This member declared not having a position on this financial instrument or a related financial instrument.
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