WPP plc (WPP): Price Up $0.13 (0.2)% Over Past Day, Up $0.08 (0.12)% Over Past Hour

The Hourly View for WPP

Currently, WPP (Get Ratings)’s price is up $0.08 (0.12%) from the hour prior. This is a reversal of the price action on the previous hour, in which price moved down. If you’re a trend trader, consider that the strongest clear trend on the hourly chart exists on the 100 hour timeframe. The moving averages on the hourly timeframe suggest a choppiness in price, as the 20, 50, 100 and 200 are all in a mixed alignment — meaning the trend across timeframes is inconsistent, indicating a potential opportunity for rangebound traders.

WPP ranks 156th in terms of today’s price percentage change out of Business Services stocks.

WPP’s Technical Outlook on the Daily Chart

At the time of this writing, WPP’s price is up $0.13 (0.2%) from the day prior. This is a reversal of the price action on the previous day, in which price moved down. Regarding the trend, note that the strongest trend exists on the 20 day timeframe. The moving averages on the daily timeframe suggest a choppiness in price, as the 20, 50, 100 and 200 are all in a mixed alignment — meaning the trend across timeframes is inconsistent, indicating a potential opportunity for rangebound traders. WPP plc’s price action over the past 90 days can be seen via the chart below.

WPP

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WPP: Daily RSI Analysis

  • For WPP, its RSI is now at 85.259.
  • WPP and RSI may be exhibiting divergent trends. This may be something to monitor.

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