CALIFORNIA WATER SERVICE GRP (CWT) Stock Technical Analysis
NYSE:CWT - New York Stock Exchange, Inc. - US1307881029 - Common Stock - Currency: USD
Overall CWT gets a technical rating of 1 out of 10. CWT scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
66% of all other stocks performed better in the past year than CWT.
CWT is part of the Water Utilities industry. There are 14 other stocks in this industry, of which 76% are performing better than CWT.
In the last month CWT has a been trading in the 45.06 - 48.21 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.
CWT 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 CWT is lagging the market slightly.
CWT has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a support zone below the current price at 45.36, a Stop Loss order could be placed below this zone.
More info and screens
43.31
52.83
When analyzing the support we can see 2 important areas.
- A support zone ranging from 44.96 to 45.36. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Support @43.75 from a horizontal line in the daily time frame.
When analyzing the resistance we notice 3 important areas.
- A resistance zone ranging from 46.36 to 47.41. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 49.81 to 51.37. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @52.31 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 | DOWN | NEGATIVE | The long term trend for CWT is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for CWT is down. |
| ChartMill Relative Strength | 34.06 | NEUTRAL | CWT is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of CWT is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of CWT is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of CWT is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 44.69 | NEUTRAL | The RSI value for CWT is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.07 | POSITIVE | The MACD value suggests CWT has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 58.12 | NEUTRAL | The Stochastics value for CWT is a neutral value. |
| Average True Range in percent/ATR (20) | 1.95 | LOW VOLATILITY | The low ATR as a percentage value for CWT suggests low volalility. |
| Average Directional Index/ADX (14) | 12.8 | NEGATIVE | The low ADX value for CWT suggests a weak or negative 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)
46.33
-0.35 (-0.75%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorUtilities
GICS IndustryWater Utilities
Performance
% Chg-0.75%
1 Week1.56%
2 Weeks-1.95%
1 Month0.28%
3 Month-2.46%
6 Month-4.47%
12 Month-2.63%
2 Year-10.27%
3 Year-16.6%
5 Year-2.87%
10 Year102.76%
15 Year29.78%
Volatility
ATR(14)0.89
ATR(20)%1.95%
ATR Inc-17.61%
Range Today0.78
ADR(20)0.88
ADR(20)%1.91%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS34.06
Mansfield-1.02
10 Day High47.66
10 Day Low45.07
20 Day High48.21
20 Day Low45.07
52 Week High56.25
52 Week Low41.64
CS1 End45.36
CR1 Start46.36
Volume & EV
DER(3)0.27%
DER(5)0.47%
Volume311.60K
Volume Incr-14.45%
Vol(5)277.04K
Vol(50)373.13K