Free West Bancorp Inc. (WTBA) Technical Analysis Signals

Overal Signal
Hold
Signals
Hold Buy Hold Hold
Last Update / Period
16 May / Daily
Category/Currency
Stocks/USD
Exchange/Country
XNMS/United States

West Bancorp Inc. (WTBA) signal with technical analysis on 16 May

On 16 May, we conducted a comprehensive technical analysis of West Bancorp Inc. (WTBA), considering 256 signals with intricate details. Here are the key findings: 157 signals suggested buy strategies, while 12 indicated sell strategies. The remaining 87 signals remained neutral without offering a specific direction.
The 256 signals were categorized into four distinct strategies, each consisting of 64 signals. Let's dive into the details of each strategy:

Strategy 1:
Buy Signals: 42
Sell Signals: 3
Neutral Signals: 19
Result: This strategy leads to a Hold position.

Strategy 2:
Buy Signals: 38
Sell Signals: 4
Neutral Signals: 22
Result: This strategy leads to a Buy position.

Strategy 3:
Buy Signals: 37
Sell Signals: 1
Neutral Signals: 26
Result: This strategy leads to a Hold position.

Strategy 4:
Buy Signals: 40
Sell Signals: 4
Neutral Signals: 20
Result: This strategy leads to a Hold position.

Overall Strategy:
Buy Signals: 157
Sell Signals: 12
Neutral Signals: 87
Result: This strategy leads to a Hold position.

Disclaimer! Please exercise caution and thorough consideration before making any financial decisions. It's important to note that our signals are based solely on daily price changes and do not take into account external factors such as news, market sentiment, or company developments. We strongly recommend considering all relevant factors and conducting your own research.

Useful Tips: To make the most informed decisions about your West Bancorp Inc. (WTBA) investments, we highly recommend visiting the "Magic Prediction" AI models signals website. They provide free signals, and if one aligns with ours, it is likely to be a reliable indicator, as we have observed over time.


Result: Looking at the technical analysis for West Bancorp Inc. (WTBA) on , there appears to be a tendency toward a buy signal based on historical data and analysis. However, it's essential to remember that these signals are not guarantees, and investment decisions should be made carefully. It's important to consider the overall market conditions and how your choices align with your specific investment goals.


Based on the signals, we offer the following recommendations:

West Bancorp Inc. (WTBA) trading strategy for those in buy positions (long positions): If you are currently in a buy (long) position, based on the consensus of our technical analysis signals, it is advised to maintain your current position with increased vigilance and caution. However, always be careful and closely monitor market developments.

West Bancorp Inc. (WTBA) trading strategy for those in sell positions (short positions): If you are currently in a sell (short) position, it is recommended to carefully time your exit based on the combination of technical analysis signals. If you have a high risk tolerance, consider waiting for potential market movements in the coming days.

For new positions: If you are not currently in the market or are considering switching to a buy (long) position, it is advisable to consider the projected price range. This range represents a potential upside of 3.39%, determined by the highest predicted price. However, before initiating a buy position, conduct thorough research to ensure it fits your risk tolerance and investment goals.

In all your trading endeavors, implementing a well-defined stop-loss strategy is crucial to managing potential downside risks effectively.

Useful Tip 2: For those interested in long-term forecasting, we recommend using the "predict-price" website, which offers both short-term and long-term predictions for free. This can help you make well-informed decisions regarding your **West Bancorp Inc. (WTBA)** holdings.

West Bancorp Inc. (WTBA) Price Analysis and Resistance Levels:

Given our current long position in West Bancorp Inc. (WTBA), analyzing key resistance levels is crucial to better understand its price movement. These resistance levels are important benchmarks for our strategy, and we will explore multiple scenarios to provide a comprehensive outlook.

First resistance level (20.721): The primary hurdle is the 20.721 price level. If the prevailing trend remains unchanged, West Bancorp Inc. (WTBA) could break above this level, indicating its strength and potential for further growth.

Second resistance level (21.07): If the upward trend shows significant strength, West Bancorp Inc. (WTBA) may cross the second resistance level at 21.07, signaling a significant upside move and a promising direction for our position.

Third resistance level (22.769): For a more comprehensive analysis, we should consider a scenario where West Bancorp Inc. (WTBA) not only breaks the second resistance level but also holds its price above this benchmark. If this trend continues in the coming days, it could pave the way for West Bancorp Inc. (WTBA) to reach the third resistance level at 22.769.
It's crucial to monitor these resistance levels closely and understand them within the context of overall market trends and indicators. To make informed decisions while trading West Bancorp Inc. (WTBA), stay alert and continuously analyze the market. By considering these resistance levels and broader market dynamics, you can make smarter trading choices and better adapt to the evolving nature of this market.

West Bancorp Inc. (WTBA) technical analysis chart

West Bancorp Inc. (WTBA) support and resistance levels

Name Level1 Level2 Level3 Level4 Level5
Resistance 20.721 21.07 22.769 -- --
Support 16.738 14.828 13.912 -- --
 West Bancorp Inc. (WTBA) Support and Resistance area (16 May)  West Bancorp Inc. (WTBA) Support and Resistance area (16 May)

West Bancorp Inc. (WTBA) signals list for 16 May

Overall Signals
Signal 1 Signal 2
Signal 3 Signal 4

West Bancorp Inc. (WTBA) candlestick patterns on 16 May

Today's West Bancorp Inc. (WTBA) Candle Patterns List:

Belt-hold Engulfing Pattern Hikkake Pattern Long Line Candle Morning Doji Star Morning Star

West Bancorp Inc. (WTBA) technical analysis over the past days

# Date Overal Signals ALL Signals
1 15 May Hold HoldHoldHoldHold
2 14 May Hold HoldHoldHoldHold
3 13 May Hold HoldHoldHoldHold
4 12 May Buy BuyHoldHoldBuy
5 09 May Sell SellHoldNeutralNeutral
6 08 May Neutral NeutralBuyHoldNeutral
7 07 May Hold NeutralNeutralHoldHold
8 06 May Hold NeutralHoldHoldHold
9 05 May Hold HoldHoldHoldHold
10 02 May Buy BuyHoldHoldBuy
11 01 May Neutral NeutralBuyHoldNeutral
12 30 Apr Hold HoldNeutralHoldNeutral
13 29 Apr Hold HoldHoldHoldNeutral
14 28 Apr Buy BuyHoldBuyNeutral
15 25 Apr Hold NeutralBuyNeutralNeutral
16 24 Apr Sell NeutralNeutralNeutralSell
17 23 Apr Buy HoldHoldBuyNeutral
18 22 Apr Buy BuyHoldNeutralNeutral
19 21 Apr Hold NeutralNeutralNeutralHold
20 17 Apr Hold BuyNeutralSellHold
21 16 Apr Hold NeutralNeutralNeutralHold
22 15 Apr Hold NeutralSellHoldHold
23 14 Apr Hold NeutralNeutralHoldHold
24 11 Apr Hold HoldHoldHoldHold
25 10 Apr Sell SellHoldHoldHold
26 09 Apr Buy BuyHoldHoldHold
27 08 Apr Hold HoldHoldHoldHold
28 07 Apr Hold HoldHoldHoldHold
29 04 Apr Hold HoldHoldHoldHold
30 03 Apr Hold HoldHoldHoldHold

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