W.P. Carey Inc. (NYSE:WPC) Jumped Up 1.4%, But Why?

In its latest trading session, W.P. Carey Inc. (NYSE:WPC) spiked up by 1.4% – here is what that looked like (as of 2020-01-06):

What’s the reason for these moves? To grasp this action better, it is helpful to analyze some technical indicators. The most interesting and telling are these ones:

A Money Flow Index (MFI) of 33.449, a Relative Strength Index (RSI) of 50.0, a True Strength Index (TSI) of -100.0, a Moving Average Convergence Divergence (MACD) of -0.01, an Average Directional Movement Index (ADX) of unknown, an Average True Range (ATR) of 0.966, an Accumulation/Distribution Index (ADI) of 0.966, an On-Balance Volume (OBV) of 195.579, and a Chaiikin Money Flow (CMF) of -79.01. 1.129

Now let’s take all these indicators into account. Consulting Trading View, we can conclude the following:

That is what an analysis of technical indicators seems to indicate for W.P. Carey Inc. (NYSE:WPC). Note this is technical analysis only! You should do fundamental research as well, and do not just rely on this – we take no responsibility for any losses incurred if you buy or sell based on the above.