Taking everything into account, CWCO scores 7 out of 10 in our technical rating. This is due to a consistent overall performance, although we see some doubts in the very recent evolution. In the medium time frame things are still looking good.
CWCO has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 33.98. Right above this resistance zone may be a good entry point.
More info and screens
23.41
We found 4 important support areas.
- Support @33.91 from a horizontal line in the weekly time frame.
- Support @33.14 from a horizontal line in the daily time frame.
- Support @32.55 from a horizontal line in the daily time frame.
- Support @23.65 from a horizontal line in the weekly time frame.
3 important resistance areas can be observed.
- A resistance zone ranging from 33.98 to 34.63. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 36.25 to 36.59. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @37.23 from a horizontal line in the daily time frame.
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 CWCO is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for CWCO is neutral. |
| ChartMill Relative Strength | 82.91 | POSITIVE | CWCO has a high relative strength, it outperformed 82.91% off all stocks 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 | POSITIVE | The current price of CWCO is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 46.05 | NEUTRAL | The RSI value for CWCO is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.03 | NEGATIVE | The MACD value suggests CWCO has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 44.26 | NEUTRAL | The Stochastics value for CWCO is a neutral value. |
| Average True Range in percent/ATR (20) | 3.18 | MEDIUM VOLATILITY | The ATR as a percentage value for CWCO suggests some volalility. |
| Average Directional Index/ADX (14) | 11.79 | NEGATIVE | The low ADX value for CWCO suggests a weak or negative trend. |
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 |
|---|---|---|---|
| 34.64 | 33.90 | 0.74 (2.14%) | 25.00% |
| An entry @34.64. This is a Buy Stop order right above the resistance zone. | An exit @33.90. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 0.74 points, which is 2.14%. | For a 0.53% 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 CWCO. 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.
33.92
-0.2 (-0.59%)
CONSOLIDATED WATER CO-ORD SH / CWCO FAQ
What is the ChartMill technical rating of CONSOLIDATED WATER CO-ORD SH (CWCO) stock?
ChartMill assigns a technical rating of 7 / 10 to CWCO.
Can you provide the trend direction for CONSOLIDATED WATER CO-ORD SH?
The current trend direction for CONSOLIDATED WATER CO-ORD SH (CWCO) is Bullish.
What is the RSI signal for CWCO stock?
CONSOLIDATED WATER CO-ORD SH (CWCO) has an RSI value of 46.0519. This indicates that the stock is currently neutral.
What is the MACD signal for CWCO stock?
The MACD indicator for CONSOLIDATED WATER CO-ORD SH (CWCO) has a value of -0.0335399, indicating a bearish trend.
What is the short term momentum for CWCO stock?
The short term momentum for CONSOLIDATED WATER CO-ORD SH (CWCO) is neutral.