We assign a technical rating of 10 out of 10 to CWCO. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, CWCO is showing a nice and steady performance.
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
We found 5 important support areas.
- A support zone ranging from 34.66 to 35.03. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @33.98 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.
2 important resistance areas can be observed.
- A resistance zone ranging from 35.84 to 36.59. This zone is formed by a combination of multiple trend lines and important moving averages 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 | UP | POSITIVE | The short term trend for CWCO is up. |
| ChartMill Relative Strength | 84.48 | POSITIVE | CWCO has a high relative strength, it outperformed 84.48% 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) | 56.11 | NEUTRAL | The RSI value for CWCO is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.15 | POSITIVE | The MACD value suggests CWCO has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 71.63 | NEUTRAL | The Stochastics value for CWCO is a neutral value. |
| Average True Range in percent/ATR (20) | 2.25 | MEDIUM VOLATILITY | The ATR as a percentage value for CWCO suggests some volalility. |
| Average Directional Index/ADX (14) | 14.61 | 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 |
|---|---|---|---|
| 36.60 | 34.65 | 1.95 (5.33%) | 18.77% |
| An entry @36.60. This is a Buy Stop order right above the resistance zone. | An exit @34.65. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 1.95 points, which is 5.33%. | For a 1.00% total portfolio risk, you can invest 18.77% of your capital in this trade. |
- 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.
35.79
-0.3 (-0.83%)
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 10 / 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 56.1071. 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 0.145505, 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 positive.