CALIFORNIA WATER SERVICE GRP (CWT) Stock Technical Analysis
USA - NYSE:CWT - US1307881029 - Common Stock
Overall CWT gets a technical rating of 2 out of 10. CWT's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
CWT has a poor technical rating and the quality of the setup is also only medium 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
43.31
When analyzing the support we can see 2 important areas.
- A support zone ranging from 44.96 to 46.07. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Strong support @43.75 from a horizontal line in the daily time frame.
We can see 3 important resistance areas.
- A resistance zone ranging from 46.60 to 47.65. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 49.29 to 49.87. This zone is formed by a combination of multiple trend lines in multiple time frames.
- 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 | NEUTRAL | NEUTRAL | The long term trend for CWT is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for CWT is neutral. |
| ChartMill Relative Strength | 27.78 | NEGATIVE | CWT has a low relative strength, it was outperformed by 72.22% 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) | UP | MIXED | The current price of CWT is below the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | MIXED | The current price of CWT is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 47.34 | NEUTRAL | The RSI value for CWT is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.24 | NEGATIVE | The MACD value suggests CWT has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 44.87 | NEUTRAL | The Stochastics value for CWT is a neutral value. |
| Average True Range in percent/ATR (20) | 3.09 | MEDIUM VOLATILITY | The ATR as a percentage value for CWT suggests some volalility. |
| Average Directional Index/ADX (14) | 22.26 | NEUTRAL | The ADX value for CWT suggests a possible start of a new trend. |
46.43
+0.68 (+1.49%)
CALIFORNIA WATER SERVICE GRP / CWT FAQ
What is the technical rating for CWT stock?
ChartMill assigns a technical rating of 2 / 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 47.3375. This indicates that the stock is currently neutral.
Can you provide the support and resistance levels for CALIFORNIA WATER SERVICE GRP?
CALIFORNIA WATER SERVICE GRP (CWT) has a support level at 46.07 and a resistance level at 46.6. Check the full technical report for our detailed analysis of CWT support and resistance levels.