CALIFORNIA WATER SERVICE GRP (CWT) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:CWT - US1307881029 - Common Stock
We assign a technical rating of 0 out of 10 to CWT. 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.
Although the technical rating is bad, CWT does present a nice setup opportunity. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 45.38. Right above this resistance zone may be a good entry point.
More info and screens
42.45
3 important resistance areas can be observed.
- A resistance zone ranging from 45.38 to 46.62. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @48.81 from a trend line in the weekly time frame.
- Resistance @51.36 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 | 26.88 | NEGATIVE | CWT has a low relative strength, it was outperformed by 73.12% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of CWT is below a declining 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) | 37.91 | NEUTRAL | The RSI value for CWT is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests CWT has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 52.38 | NEUTRAL | The Stochastics value for CWT is a neutral value. |
| Average True Range in percent/ATR (20) | 2.72 | MEDIUM VOLATILITY | The ATR as a percentage value for CWT suggests some volalility. |
| Average Directional Index/ADX (14) | 18.1 | NEGATIVE | The low ADX value for CWT suggests a weak or negative trend. |
42.88
-0.98 (-2.23%)
CALIFORNIA WATER SERVICE GRP / CWT FAQ
What is the technical rating for CWT stock?
ChartMill assigns a technical rating of 0 / 10 to CWT.
What is the current trend direction of CALIFORNIA WATER SERVICE GRP (CWT) stock?
The current trend direction for CALIFORNIA WATER SERVICE GRP (CWT) is Bearish.
What is the RSI signal for CALIFORNIA WATER SERVICE GRP (CWT) stock?
CALIFORNIA WATER SERVICE GRP (CWT) has an RSI value of 37.9109. This indicates that the stock is currently neutral.
Can you provide the buy/sell signal for CALIFORNIA WATER SERVICE GRP?
The buy/sell signal for CALIFORNIA WATER SERVICE GRP (CWT) is sell as both the short term and long term trends are negative.
What is the support and resistance level for CWT stock?
CALIFORNIA WATER SERVICE GRP (CWT) has a resistance level at 45.38. Check the full technical report for our detailed analysis of CWT support and resistance levels.