GWR Global Water Resources Inc (GWR.CA) Stock Technical Analysis
Canada - Toronto Stock Exchange - TSX:GWR - US3794631024 - Common Stock
We assign a technical rating of 4 out of 10 to GWR. In the last year, GWR was a medium performer in the overall market. We are getting mixed signals now in both the short and medium term picture.
GWR has an average technical rating and it also does not offer a high quality setup 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
16.14
We found 2 important support areas.
- Support @17.81 from a horizontal line in the daily time frame.
- A support zone ranging from 16.30 to 16.73. This zone is formed by a combination of multiple trend lines in multiple time frames.
We found 1 important resistance area.
- A resistance zone ranging from 19.38 to 19.69. 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 | NEUTRAL | NEUTRAL | The long term trend for GWR.CA is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for GWR.CA is down. |
| ChartMill Relative Strength | 49.71 | NEUTRAL | GWR.CA is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of GWR.CA is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of GWR.CA is below the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of GWR.CA is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 47.91 | NEUTRAL | The RSI value for GWR.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.2 | NEGATIVE | The MACD value suggests GWR.CA has a negative trend. |
| Stochastics (14,3) | 8.3 | OVERSOLD | The low Stochastics value suggests GWR.CA may be oversold. |
| Average True Range in percent/ATR (20) | 2.76 | MEDIUM VOLATILITY | The ATR as a percentage value for GWR.CA suggests some volalility. |
| Average Directional Index/ADX (14) | 8.24 | NEGATIVE | The low ADX value for GWR.CA suggests a weak or negative trend. |
GWR Global Water Resources Inc
TSX:GWR (2/24/2023, 7:00:00 PM)
17.84
-0.3 (-1.65%)
GWR Global Water Resources Inc / GWR.CA FAQ
What is the ChartMill technical rating of GWR Global Water Resources Inc (GWR.CA) stock?
ChartMill assigns a technical rating of 4 / 10 to GWR.CA.
Can you provide the trend direction for GWR Global Water Resources Inc?
The current trend direction for GWR Global Water Resources Inc (GWR.CA) is Bearish.
What is the RSI signal for GWR stock?
GWR Global Water Resources Inc (GWR.CA) has an RSI value of 47.9051. This indicates that the stock is currently neutral.
What is the short term momentum for GWR Global Water Resources Inc (GWR.CA) stock?
The short term momentum for GWR Global Water Resources Inc (GWR.CA) is negative.
What are the support and resistance levels for GWR Global Water Resources Inc (GWR.CA) stock?
GWR Global Water Resources Inc (GWR.CA) has a support level at 17.81 and a resistance level at 19.38. Check the full technical report for our detailed analysis of GWR.CA support and resistance levels.