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WRE stock – Washington Real Estate Investment sideways range & retest history

NYSE

On the weekly chart, WRE has been moving sideways between $12.74 and $18.49 since 25 Feb 2024.

Since 2018, NasdaqScan has found 2 sideways ranges in WRE. The completed range lasted 2702 days. It broke downward. The current range is 45% wide from low to high. The latest retest signal NasdaqScan detected in WRE was in the week of 1 Nov 2020, below the earlier $22.53 – $29.17 range.

The pattern: price breaks out below a long sideways range, the pullback back into the range fails, and price comes back to retest the low. Traders also call this a spring. NasdaqScan flags the weekly candle that makes the retest.

Charts are only kept for recent signals, so there is no chart for this signal.

Sideways ranges

RangeStartedEndedHow it endedRetest signals (week of)
$12.74 – $18.4925 Feb 2024Open——
$22.53 – $29.1718 Nov 201812 Apr 2026 (2702 days)Broke below the range at $1.981 Nov 2020 (Go ahead)

Retest signals detected

  • Week of 1 Nov 2020: retest of the low after a breakout below a sideways range, 714 days after the range began (Go ahead)

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Past patterns don't predict future price moves. This page shows what an automated algorithm detected and is not financial advice. Read the disclaimer.

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