CALIFORNIA WATER SERVICE GRP (CWT) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:CWT - US1307881029 - Common Stock
Taking everything into account, CWT scores 1 out of 10 in our technical rating. 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.
The technical rating of CWT is bad and it also does not present a quality setup at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
41.45
We found 1 important support area.
- A support zone ranging from 41.87 to 42.31. This zone is formed by a combination of multiple trend lines in multiple time frames.
4 important resistance areas can be observed.
- Resistance @45.62 from a horizontal line in the daily time frame.
- Resistance @48.43 from a trend line in the weekly time frame.
- A resistance zone ranging from 49.59 to 49.87. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 50.89 to 51.36. This zone is formed by a combination of multiple trend lines 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 | DOWN | NEGATIVE | The long term trend for CWT is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for CWT is neutral. |
| ChartMill Relative Strength | 27.2 | NEGATIVE | CWT has a low relative strength, it was outperformed by 72.8% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of CWT is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of CWT is above 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) | 57.19 | NEUTRAL | The RSI value for CWT is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.19 | POSITIVE | The MACD value suggests CWT has a positive trend. |
| Stochastics (14,3) | 72.62 | NEUTRAL | The Stochastics value for CWT is a neutral value. |
| Average True Range in percent/ATR (20) | 1.86 | LOW VOLATILITY | The low ATR as a percentage value for CWT suggests low volalility. |
| Average Directional Index/ADX (14) | 19.28 | NEGATIVE | The low ADX value for CWT suggests a weak or negative trend. |
44.58
+0.97 (+2.22%)
CALIFORNIA WATER SERVICE GRP / CWT FAQ
What is the technical rating for CWT stock?
ChartMill assigns a technical rating of 1 / 10 to CWT.
What is the trend direction for 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 57.1935. This indicates that the stock is currently neutral.
What is the MACD signal for CALIFORNIA WATER SERVICE GRP (CWT) stock?
The MACD indicator for CALIFORNIA WATER SERVICE GRP (CWT) has a value of 0.193552, indicating a bearish trend.