AMERICAN STATES WATER CO (AWR) Technical Analysis
NYSE:AWR • US0298991011
Current stock price
AWR Technical Rating and Analysis
Overall AWR gets a technical rating of 6 out of 10. In the last year, AWR was an average performer in the market. There are positive signs in the very recent evolution, but the medium term picture is still mixed.
- The short term trend is positive, while the long term trend is neutral. So this is evolving in the right direction.
- In the last month AWR has a been trading in the 71.92 - 77.80 range, which is quite wide. It is currently trading near the high of this range.
- When comparing the performance of all stocks over the past year, AWR turns out to be only a medium performer in the overall market: it outperformed 45% of all stocks.
- AWR is an average performer in the Water Utilities industry, it outperforms 61% of 14 stocks in the same industry.
- AWR 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 AWR is lagging the market slightly.
AWR Weekly and Daily overview Charts
AWR Setup Rating and Analysis
Although the technical rating is only medium, AWR does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. There is a resistance zone just above the current price starting at 77.60. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 77.05, a Stop Loss order could be placed below this zone.
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AWR Support and Resistance Analysis
69.40
When analyzing the support we can see 4 important areas.
- Support @77.05 from a horizontal line in the daily time frame.
- A support zone ranging from 73.80 to 74.88. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Strong support @72.18 from a horizontal line in the daily time frame.
- A support zone ranging from 70.10 to 70.47. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 77.60 to 77.60. This zone is formed by a combination of multiple trend lines in multiple time frames.
AWR 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 | NEUTRAL | NEUTRAL | The long term trend for AWR is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for AWR is up. |
| ChartMill Relative Strength | 45.48 | NEUTRAL | AWR is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of AWR is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of AWR is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of AWR is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 63.09 | NEUTRAL | The RSI value for AWR is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.34 | POSITIVE | The MACD value suggests AWR has a positive trend. |
| Stochastics (14,3) | 84.2 | OVERBOUGHT | The high Stochastics value suggests AWR may be overbought. |
| Average True Range in percent/ATR (20) | 2.17 | MEDIUM VOLATILITY | The ATR as a percentage value for AWR suggests some volalility. |
| Average Directional Index/ADX (14) | 13.89 | NEGATIVE | The low ADX value for AWR suggests a weak or negative trend. |
AWR Chart- and CandleStick Pattern Analysis
AWR 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 |
|---|---|---|---|
| 77.61 | 77.04 | 0.57 (0.73%) | 25.00% |
| An entry @77.61. This is a Buy Stop order right above the resistance zone. | An exit @77.04. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 0.57 points, which is 0.73%. | For a 0.18% total portfolio risk, you can invest 25.00% of your capital in this trade. |
- The distance between exit and entry is rather small compared to the average daily movement of AWR. Please evaluate whether better entry and exit points can be found.
- 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.
AWR Technicals: Chart, Performance Metrics, Trend & Indicators
77.59
+1.41 (+1.85%)
AMERICAN STATES WATER CO / AWR TA FAQ
What is the ChartMill technical rating of AMERICAN STATES WATER CO (AWR) stock?
ChartMill assigns a technical rating of 6 / 10 to AWR.
What is the current trend direction of AMERICAN STATES WATER CO (AWR) stock?
The current trend direction for AMERICAN STATES WATER CO (AWR) is Bearish.
What is the RSI signal for AWR stock?
AMERICAN STATES WATER CO (AWR) has an RSI value of 63.0917. This indicates that the stock is currently neutral.
What is the support and resistance level for AWR stock?
AMERICAN STATES WATER CO (AWR) has a support level at 77.05 and a resistance level at 77.6. Check the full technical report for our detailed analysis of AWR support and resistance levels.