CONSOLIDATED WATER CO-ORD SH (CWCO) Stock Technical Analysis
NASDAQ:CWCO - Nasdaq - KYG237731073 - Common Stock - Currency: USD
Overall CWCO gets a technical rating of 8 out of 10. This is due to a decent performance in both the short and medium term time frames. Compared to the overall market, CWCO is only an average performer.
Both the short term and long term trends are positive. This is a very positive sign.
CWCO is one of the better performing stocks in the Water Utilities industry, it outperforms 92% of 14 stocks in the same industry.
CWCO 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.
CWCO 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.
When comparing the yearly performance of all stocks, we notice that CWCO is one of the better performing stocks in the market, outperforming 77% of all stocks. However, this overall good ranking is mostly due to the recent strong move.
Although CWCO has an excellent technical rating, the quality of the presented setup is not ideal 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
23.41
31.60
When analyzing the support we can see 3 important areas.
- A support zone ranging from 29.95 to 29.97. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @26.32 from a horizontal line in the daily time frame.
- Support @23.65 from a horizontal line in the weekly time frame.
We found 1 important resistance area.
- A resistance zone ranging from 31.29 to 31.29. 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 CWCO is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for CWCO is up. |
| ChartMill Relative Strength | 77.23 | POSITIVE | CWCO has a high relative strength, it outperformed 77.23% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of CWCO is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of CWCO is above the rising 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) | 65.43 | NEUTRAL | The RSI value for CWCO is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.1 | NEGATIVE | The MACD value suggests CWCO has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 61.4 | NEUTRAL | The Stochastics value for CWCO is a neutral value. |
| Average True Range in percent/ATR (20) | 2.56 | MEDIUM VOLATILITY | The ATR as a percentage value for CWCO suggests some volalility. |
| Average Directional Index/ADX (14) | 56.83 | POSITIVE | The high ADX value value for CWCO suggests a strong 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)
31
+1.03 (+3.44%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorUtilities
GICS IndustryWater Utilities
Performance
% Chg3.44%
1 Week1.17%
2 Weeks3.92%
1 Month9.77%
3 Month27.94%
6 Month17.47%
12 Month11.51%
2 Year58.49%
3 Year99.36%
5 Year152.65%
10 Year156.2%
15 Year157.48%
Volatility
ATR(14)0.8
ATR(20)%2.56%
ATR Inc41.94%
Range Today1.2
ADR(20)0.78
ADR(20)%2.53%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS77.23
Mansfield0.87
10 Day High31.3
10 Day Low29.7
20 Day High31.3
20 Day Low28.01
52 Week High31.3
52 Week Low22.69
CS1 End29.97
CR1 Start31.29
Volume & EV
DER(3)-2.55%
DER(5)-0.13%
Volume211.87K
Volume Incr-35.81%
Vol(5)112.11K
Vol(50)140.53K