Evoqua Water Technologies Corp (AQUA) Stock Technical Analysis
NYSE:AQUA - New York Stock Exchange, Inc. - US30057T1051 - Common Stock - Currency: USD
Overall AQUA gets a technical rating of 9 out of 10. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, AQUA is showing a nice and steady performance.
The long term trend is positive and the short term trend is neutral. The long term trend gets the benefit of the doubt for now.
Looking at the yearly performance, AQUA did better than 91% of all other stocks. We also observe that the gains produced by AQUA over the past year are nicely spread over this period.
AQUA is part of the Machinery industry. There are 128 other stocks in this industry. AQUA outperforms 88% of them.
AQUA is currently trading near its 52 week high, which is a good sign. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
In the last month AQUA has a been trading in the 48.12 - 52.30 range, which is quite wide. It is currently trading in the middle of this range where prices have been consolidating recently, this may present a good entry opportunity, but some resistance may be present above.
AQUA has an average volume of 2264120 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Volume is considerably higher in the last couple of days.
AQUA has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately. There is a support zone below the current price at 49.74, a Stop Loss order could be placed below this zone. Very recently a Pocket Pivot signal was observed. This is another positive sign.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
30.90
52.05
When analyzing the support we can see 4 important areas.
- A support zone ranging from 48.81 to 49.74. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @47.66 from a horizontal line in the daily time frame.
- A support zone ranging from 45.09 to 45.09. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @31.21 from a horizontal line in the weekly time frame.
We can see 2 important resistance areas.
- A resistance zone ranging from 50.10 to 50.52. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 51.53 to 51.53. This zone is formed by a combination of multiple trend lines in multiple time frames.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | UP | POSITIVE | The long term trend for AQUA is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for AQUA is neutral. |
| ChartMill Relative Strength | 91.86 | POSITIVE | AQUA has a high relative strength, it outperformed 91.86% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of AQUA is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of AQUA is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of AQUA is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 53.41 | NEUTRAL | The RSI value for AQUA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.1 | NEGATIVE | The MACD value suggests AQUA has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 27.52 | NEUTRAL | The Stochastics value for AQUA is a neutral value. |
| Average True Range in percent/ATR (20) | 2.13 | MEDIUM VOLATILITY | The ATR as a percentage value for AQUA suggests some volalility. |
| Average Directional Index/ADX (14) | 15.79 | NEGATIVE | The low ADX value for AQUA suggests a weak or negative trend. |
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 50.53 | 48.80 | 1.73 (3.42%) | 25.00% |
| An entry @50.53. This is a Buy Stop order right above the resistance zone. | An exit @48.80. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 1.73 points, which is 3.42%. | For a 0.86% total portfolio risk, you can invest 25.00% of your capital in this trade. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
49.88
+0.47 (+0.95%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryMachinery
Performance
% Chg0.95%
1 Week2.23%
2 Weeks-1.46%
1 Month1.55%
3 Month2.87%
6 Month13.7%
12 Month37.15%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)1.07
ATR(20)%2.13%
ATR Inc37.56%
Range Today1.78
ADR(20)N/A
ADR(20)%N/A
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS91.86
Mansfield1.54
10 Day High51.62
10 Day Low48.63
20 Day High52.3
20 Day Low48.12
52 Week High52.3
52 Week Low30.44
CS1 End49.74
CR1 Start50.1
Volume & EV
DER(3)0.49%
DER(5)-0.29%
Volume31.36M
Volume Incr267.58%
Vol(5)7.34M
Vol(50)2.26M