AMERICAN WATER WORKS CO INC (AWK) Technical Analysis
NYSE:AWK • US0304201033
Current stock price
AWK Technical Rating and Analysis
Overall AWK gets a technical rating of 7 out of 10. In the last year, AWK was an average performer in the market. There are positive signs in the very recent evolution, but the medium term picture is still mixed.
- Both the short term and long term trends are positive. This is a very positive sign.
- AWK is currently showing a bull flag pattern! A bull flag pattern occurs when prices pull back slightly after a strong rise up. This may be a nice opportunity for an entry.
- AWK has an average volume of 1805900 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- When comparing the performance of all stocks over the past year, AWK turns out to be only a medium performer in the overall market: it outperformed 49% of all stocks.
- AWK is part of the Water Utilities industry. There are 14 other stocks in this industry, AWK did better than 69% of them.
- AWK is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so AWK is lagging the market slightly.
AWK Weekly and Daily overview Charts
AWK Setup Rating and Analysis
AWK has an excellent technical rating and also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. A pullback is taking place, which may present a nice opportunity for an entry. There is a resistance zone just above the current price starting at 139.50. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 136.30, a Stop Loss order could be placed below this zone. Another positive sign is the recent Pocket Pivot signal.
- 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
AWK Support and Resistance Analysis
119.91
2 important support areas can be observed.
- A support zone ranging from 133.92 to 136.30. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 121.12 to 125.97. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 3 important resistance areas.
- A resistance zone ranging from 139.50 to 139.93. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 143.99 to 144.91. This zone is formed by a combination of multiple trend lines in the daily time frame.
- A resistance zone ranging from 147.35 to 148.41. This zone is formed by a combination of multiple trend lines in the weekly time frame.
AWK Technical Indicator Signal Analysis
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 AWK is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for AWK is up. |
| ChartMill Relative Strength | 49.82 | NEUTRAL | AWK is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of AWK is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of AWK is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | MIXED | The current price of AWK is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 55.97 | NEUTRAL | The RSI value for AWK is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.02 | NEGATIVE | The MACD value suggests AWK has a negative trend. |
| Stochastics (14,3) | 59.47 | NEUTRAL | The Stochastics value for AWK is a neutral value. |
| Average True Range in percent/ATR (20) | 2.47 | MEDIUM VOLATILITY | The ATR as a percentage value for AWK suggests some volalility. |
| Average Directional Index/ADX (14) | 14.62 | NEGATIVE | The low ADX value for AWK suggests a weak or negative trend. |
AWK Chart- and CandleStick Pattern Analysis
AWK Example Setup
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 |
|---|---|---|---|
| 139.94 | 133.91 | 6.03 (4.31%) | 23.21% |
| An entry @139.94. This is a Buy Stop order right above the resistance zone. | An exit @133.91. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 6.03 points, which is 4.31%. | When investing 23.21% of your capital in this trade, your total portfolio risk will be 1.00%. |
- 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.
AWK Technicals: Chart, Performance Metrics, Trend & Indicators
137.1
+0.35 (+0.26%)
AMERICAN WATER WORKS CO INC / AWK TA FAQ
Can you provide the ChartMill technical rating for AMERICAN WATER WORKS CO INC?
ChartMill assigns a technical rating of 7 / 10 to AWK.
Can you provide the trend direction for AMERICAN WATER WORKS CO INC?
The current trend direction for AMERICAN WATER WORKS CO INC (AWK) is Bullish.
What is the RSI signal for AWK stock?
AMERICAN WATER WORKS CO INC (AWK) has an RSI value of 55.966. This indicates that the stock is currently neutral.
What is the buy/sell signal for AMERICAN WATER WORKS CO INC (AWK) stock?
The buy/sell signal for AMERICAN WATER WORKS CO INC (AWK) is buy as both the short term and long term trends are positive.
Can you provide the support and resistance levels for AMERICAN WATER WORKS CO INC?
AMERICAN WATER WORKS CO INC (AWK) has a support level at 136.3 and a resistance level at 139.5. Check the full technical report for our detailed analysis of AWK support and resistance levels.