Overall CWCO gets a technical rating of 10 out of 10. 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.
- The long term trend is positive and the short term trend is neutral. The long term trend gets the benefit of the doubt for now.
- When comparing the yearly performance of all stocks, we notice that CWCO is one of the better performing stocks in the market, outperforming 81% of all stocks. On top of that, CWCO also shows a nice and consistent pattern of rising prices.
- CWCO is one of the better performing stocks in the Water Utilities industry, it outperforms 84% of 14 stocks in the same industry.
- CWCO is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so CWCO is lagging the market slightly.
- In the last month CWCO has a been trading in the 35.35 - 39.12 range, which is quite wide. It is currently trading in the middle of this range where prices have been consolidating recently, this may present a good entry opportunity, but some resistance may be present above.
CWCO has an excellent technical rating and also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. A pullback is taking place, which may present a nice opportunity for an entry. There is a support zone below the current price at 36.78, a Stop Loss order could be placed below this zone. Very recently a Pocket Pivot signal was observed. This is another positive sign.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
23.41
5 important support areas can be observed.
- Support @36.78 from a trend line in the daily time frame.
- A support zone ranging from 33.87 to 33.98. This zone is formed by a combination of multiple trend lines in multiple time frames.
- 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.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 37.23 to 38.36. This zone is formed by a combination of multiple trend lines and important moving averages 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 | NEUTRAL | NEUTRAL | The short term trend for CWCO is neutral. |
| ChartMill Relative Strength | 81.72 | POSITIVE | CWCO has a high relative strength, it outperformed 81.72% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of CWCO is below 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) | 51.43 | NEUTRAL | The RSI value for CWCO is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.14 | NEGATIVE | The MACD value suggests CWCO has a negative trend. |
| Stochastics (14,3) | 31.56 | NEUTRAL | The Stochastics value for CWCO is a neutral value. |
| Average True Range in percent/ATR (20) | 2.69 | MEDIUM VOLATILITY | The ATR as a percentage value for CWCO suggests some volalility. |
| Average Directional Index/ADX (14) | 14.3 | 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 |
|---|---|---|---|
| 38.37 | 36.77 | 1.60 (4.17%) | 23.98% |
| An entry @38.37. This is a Buy Stop order right above the resistance zone. | An exit @36.77. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 1.60 points, which is 4.17%. | When investing 23.98% of your capital in this trade, your total portfolio risk will be 1.00%. |
- 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.
37.03
+0.43 (+1.17%)
CONSOLIDATED WATER CO-ORD SH / CWCO FAQ
What is the technical rating for CWCO stock?
ChartMill assigns a technical rating of 10 / 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 Bullish.
What is the RSI signal for CWCO stock?
CONSOLIDATED WATER CO-ORD SH (CWCO) has an RSI value of 51.4258. This indicates that the stock is currently neutral.
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 neutral.