REPORTING FOR 2019-12-27 | WCX19.ORG: We have done an in-depth analysis of how WCG has been trading over the last 2 weeks and the past day especially. On its latest session, WellCare Health Plans, Inc. (NYSE:WCG) opened at 331.85, reaching a high of 332.35 and a low of 330.62 before closing at a price of 331.95. There was a total volume of 234523.
VOLUME INDICATORS FOR WELLCARE HEALTH PLANS, INC. (NYSE:WCG): We saw an accumulation-distribution index of 4329.94055, an on-balance volume of -331.3, chaikin money flow of 5.92 and a force index of 6.03244. There was an ease of movement rating of 0.00154, a volume-price trend of 53.13359 and a negative volume index of 1000.0.
VOLATILITY INDICATORS FOR WELLCARE HEALTH PLANS, INC. (NYSE:WCG): We noted an average true range of 2.61513, bolinger bands of 331.96389, an upper bollinger band of 327.80611, lower bollinger band of 330.62, a bollinger high band indicator of nan, bollinger low band indicator of 1.0, a central keltner channel of 331.60667, high band keltner channel of 331.10667, low band keltner channel of 332.10667, a high band keltner channel indicator of 1.0 and a low band keltner channel indicator of 1.0. There was a donchian channel high band of 330.62, a donchian channel low band of 330.62, a donchian channel high band indicator of 1.0, and a donchian channel low band indicator of 1.0.
TREND INDICATORS FOR WELLCARE HEALTH PLANS, INC. (NYSE:WCG): We calculated a Moving Average Convergence Divergence (MACD) of -0.03298, a MACD signal of -0.01832, a MACD difference of -0.01466, a fast Exponential Moving Average (EMA) indicator of 330.62, a slow Exponential Moving Average (EMA) indicator of 330.62, an Average Directional Movement Index (ADX) of unknown, an ADX positive of 20.0, an ADX negative of 20.0, a positive Vortex Indicator (VI) of 1.0, a negative VI of 1.0, a trend vortex difference of 0.13374, a trix of 11.39684, a Mass Index (MI) of 1.0, a Commodity Channel Index (CCI) of -66.66667, a Detrended Price Oscillator (DPO) of -45.63108, a KST Oscillator (KST) of 160.11527 and a KST Oscillator (KST Signal) of 160.11527 (leaving a KST difference of -1.28952). We also found an Ichimoku rating of 332.1, an Ichimoku B rating of 332.1, a Ichimoku visual trend A of 293.0544, an Ichimoku visual trend B of 302.35623, an Aroon Indicator (AI) up of 4.0 and an AI indicator down of 4.0. That left a difference of -4.0.
MOMENTUM INDICATORS FOR WELLCARE HEALTH PLANS, INC. (NYSE:WCG): We found a Relative Strength Index (RSI) of 50.0, a Money Flow Index (MFI) of 100.0, a True Strength Index (TSI) of 100.0, an ultimate oscillator of 97.37522, a stochastic oscillator of 346.0, a stochastic oscillator signal of 346.0, a Williams %R rating of 246.0 and an awesome oscillator of -0.735.
RETURNS FOR WELLCARE HEALTH PLANS, INC. (NYSE:WCG): There was a daily return of 16.01153, a daily log return of -0.44561 and a cumulative return of -0.44462.
What the heck does all of this mean? If you are new to technical analysis, the above may be gibberish to you, and that’s OK (though we do advise learning these things). The bottom line is that AS OF 2019-12-27 (if you are reading this later, the analysis will be out of date), here is what our deep analysis of technical indicators are telling us for WellCare Health Plans, Inc. (NYSE:WCG)…
DISCLAIMER: We are not registered investment advisers and the above analysis should be taken at face value only. We strongly advise against buying or selling WellCare Health Plans, Inc. (NYSE:WCG) based solely on our analysis above, and are not responsible for any losses that you may incur if you choose make any investment decisions based on the above.