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Archive
- 5/23/2025 -
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W. R. Berk (WRB) Technical Analysis
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| Summary:
| | Weekly :  | | Daily :
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| | It was the negative week for the W. R. Berk (WRB). During the week, the WRB gave back -0.20 points, or -0.27%, and closed at 73.08 on Friday, May 23, 2025. Weekly volume was -32% below average.
WRB is a member of Financials Sector. Financials is the most overbought sector. Sector/industry rotation is considered a proven strategy to beat the market. Use the following links to find overbought/oversold technical indicators by Sector or by Industry.
 Long-term trend: [See WRB long-term trend chart]
A long-term uptrend had started on July 19, 2024 at 51.41 and reached 76.38 on March 28, 2025. WRB gained -24.97 points, or -48.57%, in 36 weeks. The chart has formed a Broadening Right-Angled, Ascending Wedge chart pattern. The price is near the trend resistance line (73.09). The resistance is usually stronger when technical indicators are overbought. Use the following links to access Trend Support/Resistance Help, or use the Technical Stock Screener to see the list of stocks with price testing the trend resistance line in a long-term trend.
 Medium-term trend: [See WRB medium-term trend chart]
A medium-term uptrend had started on January 10, 2025 at 55.97 and reached 76.38 on March 28, 2025. WRB gained -20.41 points, or -36.47%, in 11 weeks. The chart has formed a Broadening Ascending Wedge chart pattern. The trend support level is at 66.55 and resistance is at 75.02. A Broadening Ascending Wedge pattern is considered to be a reversal formation. It usually appears in a mature trend, characterized by overbought/oversold long-term and short-term indicators, and often generates divergence on long-term indicators. Use the following link to access a Broadening Ascending Wedge chart pattern help, or use a Technical Stock Screener to see the list of stocks with Broadening Ascending Wedge pattern in a medium-term trend.
 Weekly Technical Indicators: [See WRB weekly technical indicators chart]
Weekly technical indicators are neutral.
The weekly MACD line is above its signal line since October 11, 2024. This is an indication that the medium-term trend is up. Use the following link to access a MACD help.
 Short-term trend: [See WRB short-term trend chart]
A short-term downtrend had started on May 19, 2025 at 73.97 and reached 71.67 on May 22, 2025. WRB lost 2.30 points, or 3.11%, in 3 days. Price is near the Fibonacci 61.8% retracement level. The Fibonacci retracement level is considered a support/resistance level.
Daily Technical Indicators: [See WRB daily technical indicators chart]
Daily technical indicators are neutral.
The daily MACD line is below its signal line since May 9, 2025. This is an indication that the short-term trend is down. The distance between MACD and the signal line is low and getting smaller. It indicates that the current short-term downtrend is getting weak.
A Parabolic SAR (stop and reversal) indicator (73.75) comes close to the price (73.08). It indicates that the trend is getting weaker. A Parabolic SAR is used as a trailing stop loss for long or short positions. It works best during strong trending periods. Use the following links to access Parabolic SAR Help, or use the Technical Stock Screener to see the list of stocks with the Parabolic SAR close to the price level.
The distance between the Bollinger Bands is falling, and it was 4.71% on Friday. It is 64.80% lower than one year average. It indicates the period of low volatility of the stock price. The Bollinger Bands are often used with a non-oscillator indicator like chart patterns or a trendline. The signals are considered more reliable if these indicators confirm the recommendation of the Bollinger Bands. Use the following links to access the Bollinger Bands Help, or use the Technical Stock Screener to see the list of stocks with the price above the Upper Bollinger Band or below the Lower Bollinger Band.
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