GLOBAL WATER RESOURCES INC (GWRS) Stock Technical Analysis
USA - NASDAQ:GWRS - US3794631024 - Common Stock
10.12 USD
+0.18 (+1.81%)
10.12 USD
0 (0%)
Taking everything into account, GWRS scores 2 out of 10 in our technical rating. In the past year, GWRS was a below average performing stock in the market. The medium term picture is also negative, but we see some improvement happening in recent action.
83% of all other stocks performed better in the past year than GWRS.
GWRS is one of the lesser performing stocks in the Water Utilities industry. 92% of 14 stocks in the same industry do better.
GWRS is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
In the last month GWRS has a been trading in the 9.27 - 10.20 range, which is quite wide. It is currently trading near the high of this range.
The short term trend is positive, while the long term trend is still negative. So this is evolving in the right direction, but it may need some more time to really turn around the trend.
Although the technical rating is bad, GWRS does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 10.16. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 10.08, a Stop Loss order could be placed below this zone.
More info and screens
9.26
13.21
We found 3 important support areas.
- A support zone ranging from 9.85 to 10.08. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 9.55 to 9.61. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @9.35 from a horizontal line in the daily time frame.
3 important resistance areas can be observed.
- A resistance zone ranging from 10.16 to 10.55. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @10.82 from a horizontal line in the daily time frame.
- Resistance @13.08 from a horizontal line in the weekly 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 GWRS is down. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for GWRS is up. |
| ChartMill Relative Strength | 17.12 | NEGATIVE | GWRS has a low relative strength, it was outperformed by 82.88% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of GWRS is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of GWRS is above a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of GWRS is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 56.46 | NEUTRAL | The RSI value for GWRS is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.03 | POSITIVE | The MACD value suggests GWRS has a positive trend. |
| Stochastics (14,3) | 69.96 | NEUTRAL | The Stochastics value for GWRS is a neutral value. |
| Average True Range in percent/ATR (20) | 2.21 | MEDIUM VOLATILITY | The ATR as a percentage value for GWRS suggests some volalility. |
| Average Directional Index/ADX (14) | 7.36 | NEGATIVE | The low ADX value for GWRS 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)
10.12
+0.18 (+1.81%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorUtilities
GICS IndustryWater Utilities
Performance
% Chg1.81%
1 Week1.3%
2 Weeks2.64%
1 Month4.22%
3 Month-0.69%
6 Month-1.56%
12 Month-19.68%
2 Year3.79%
3 Year-13.73%
5 Year-6.12%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.2
ATR(20)%2.21%
ATR Inc-26.74%
Range Today0.18
ADR(20)0.22
ADR(20)%2.19%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS17.12
Mansfield-1.76
10 Day High10.2
10 Day Low9.68
20 Day High10.2
20 Day Low9.27
52 Week High13.98
52 Week Low9.27
CS1 End10.08
CR1 Start10.16
Volume & EV
DER(3)-0.78%
DER(5)-1.98%
Volume43.30K
Volume Incr18.97%
Vol(5)59.58K
Vol(50)56.73K