REPORTING FOR 2019-10-15 | LOGISTICS-BUSINESS-REVIEW.COM: 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. ($WCG) opened at 264.56, reaching a high of 264.8 and a low of 262.6 before closing at a price of 263.15. There was a total volume of 183770.
VOLUME INDICATORS FOR WELLCARE HEALTH PLANS, INC. ($WCG): We saw an accumulation-distribution index of 5333.69972, an on-balance volume of 264.45, chaikin money flow of 17.33333 and a force index of -0.7392. There was an ease of movement rating of -0.01389, a volume-price trend of -11.78384 and a negative volume index of 1000.0.
VOLATILITY INDICATORS FOR WELLCARE HEALTH PLANS, INC. ($WCG): We noted an average true range of 3.12114, bolinger bands of 265.60532, an upper bollinger band of 261.16468, lower bollinger band of 262.6, a bollinger high band indicator of 1.0, bollinger low band indicator of 1.0, a central keltner channel of 263.98667, high band keltner channel of 263.74667, low band keltner channel of 264.22667, a high band keltner channel indicator of 1.0 and a low band keltner channel indicator of 1.0. There was a donchian channel high band of 262.6, a donchian channel low band of 262.6, a donchian channel high band indicator of 1.0, and a donchian channel low band indicator of 1.0.
TREND INDICATORS FOR WELLCARE HEALTH PLANS, INC. ($WCG): We calculated a Moving Average Convergence Divergence (MACD) of 0.03522, a MACD signal of 0.01957, a MACD difference of 0.01566, a fast Exponential Moving Average (EMA) indicator of 262.6, a slow Exponential Moving Average (EMA) indicator of 262.6, 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 0.00504, a trix of -3.07635, a Mass Index (MI) of 1.0, a Commodity Channel Index (CCI) of 66.66667, a Detrended Price Oscillator (DPO) of 12.30274, a KST Oscillator (KST) of -44.75306 and a KST Oscillator (KST Signal) of -44.75306 (leaving a KST difference of 1.42778). We also found an Ichimoku rating of 264.68, an Ichimoku B rating of 264.68, a Ichimoku visual trend A of 277.4704, an Ichimoku visual trend B of 273.82022, 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. ($WCG): We found a Relative Strength Index (RSI) of 50.0, a Money Flow Index (MFI) of 50.30311, a True Strength Index (TSI) of -100.0, an ultimate oscillator of -21.77627, a stochastic oscillator of 916.66667, a stochastic oscillator signal of 916.66667, a Williams %R rating of 816.66667 and an awesome oscillator of -0.15433.
RETURNS FOR WELLCARE HEALTH PLANS, INC. ($WCG): There was a daily return of -4.47531, a daily log return of 0.59609 and a cumulative return of 0.59787.
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 2019-10-15 (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. ($WCG)…
DISCLAIMER: We are not registered investment advisers and the above analysis should be taken at face value only. We strongly advise against buying or selling WellCare Health Plans, Inc. ($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.