CONSOLIDATED WATER CO-ORD SH (CWCO) Technical Analysis
NASDAQ:CWCO • KYG237731073
Current stock price
CWCO Technical Rating and Analysis
Taking everything into account, CWCO scores 1 out of 10 in our technical rating. CWCO has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.
- In the last month CWCO has a been trading in the 30.09 - 38.95 range, which is quite wide. It is currently trading near the lows of this range.
- Prices have been falling strongly lately, it is better to avoid new long positions here.
- Volume is considerably higher in the last couple of days. In combination with the strong move down this is a bad signal.
- The short term trend is negative, the long term trend is neutral. Not much exciting going on here.
- When comparing the performance of all stocks over the past year, CWCO turns out to be only a medium performer in the overall market: it outperformed 49% of all stocks.
- CWCO is an average performer in the Water Utilities industry, it outperforms 53% of 14 stocks in the same industry.
- CWCO 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 CWCO is lagging the market slightly.
CWCO Weekly and Daily overview Charts
CWCO Setup Rating and Analysis
The technical rating of CWCO is bad and it also does not present a quality setup at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
CWCO Support and Resistance Analysis
23.41
When analyzing the support we notice one important area.
- Support @23.65 from a horizontal line in the weekly time frame.
3 important resistance areas can be observed.
- Resistance @34.74 from a horizontal line in the daily time frame.
- A resistance zone ranging from 36.39 to 36.59. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Resistance @38.35 from a horizontal line in the daily time frame.
CWCO 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 CWCO is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for CWCO is down. |
| ChartMill Relative Strength | 49.59 | NEUTRAL | CWCO is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of CWCO is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of CWCO is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | MIXED | The current price of CWCO is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 22.18 | OVERSOLD | The low RSI value suggests CWCO may be oversold. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.62 | NEGATIVE | The MACD value suggests CWCO has a negative trend. |
| Stochastics (14,3) | 8.96 | OVERSOLD | The low Stochastics value suggests CWCO may be oversold. |
| Average True Range in percent/ATR (20) | 4.6 | MEDIUM VOLATILITY | The ATR as a percentage value for CWCO suggests some volalility. |
| Average Directional Index/ADX (14) | 28.94 | POSITIVE | The high ADX value value for CWCO suggests a strong trend. |
CWCO Chart- and CandleStick Pattern Analysis
CWCO Technicals: Chart, Performance Metrics, Trend & Indicators
30.52
-0.17 (-0.55%)
CONSOLIDATED WATER CO-ORD SH / CWCO TA FAQ
What is the technical rating for CWCO stock?
ChartMill assigns a technical rating of 1 / 10 to CWCO.
What is the current trend direction of CONSOLIDATED WATER CO-ORD SH (CWCO) stock?
The current trend direction for CONSOLIDATED WATER CO-ORD SH (CWCO) is Bearish.
What is the RSI signal for CWCO stock?
CONSOLIDATED WATER CO-ORD SH (CWCO) has an RSI value of 22.1779. This indicates that the stock is currently oversold.
Can you provide the short term momentum for CONSOLIDATED WATER CO-ORD SH?
The short term momentum for CONSOLIDATED WATER CO-ORD SH (CWCO) is negative.