GLOBAL WATER RESOURCES INC (GWRS) Stock Technical Analysis
USA - NASDAQ:GWRS - US3794631024 - Common Stock
10.55 USD
+0.06 (+0.57%)
10.55 USD
0 (0%)
We assign a technical rating of 6 out of 10 to GWRS. GWRS has been a bad performer in the overall market. Some doubts are observed in the medium term time frame, but recent action was again very positive.
When comparing the yearly performance of all stocks, GWRS is a bad performer in the overall market: 75% of all stocks are doing better.
GWRS is part of the Water Utilities industry. There are 15 other stocks in this industry, of which 85% are performing better than GWRS.
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.
The long term trend is still neutral, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
In the last month GWRS has a been trading in the 9.86 - 11.17 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Although the technical rating is only medium, GWRS does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. A pullback is taking place, which may present a nice opportunity for an entry.
More info and screens
9.26
13.21
We found 4 important support areas.
- A support zone ranging from 10.34 to 10.45. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 10.07 to 10.15. 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.
We can see 3 important resistance areas.
- A resistance zone ranging from 10.55 to 10.60. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 10.80 to 11.00. This zone is formed by a combination of multiple trend lines 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 | NEUTRAL | NEUTRAL | The long term trend for GWRS is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for GWRS is up. |
| ChartMill Relative Strength | 25.22 | NEGATIVE | GWRS has a low relative strength, it was outperformed by 74.78% 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) | UP | POSITIVE | The current price of GWRS is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | MIXED | The current price of GWRS is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 53.78 | NEUTRAL | The RSI value for GWRS is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.02 | NEGATIVE | The MACD value suggests GWRS has a negative trend. |
| Stochastics (14,3) | 46.28 | NEUTRAL | The Stochastics value for GWRS is a neutral value. |
| Average True Range in percent/ATR (20) | 3.31 | MEDIUM VOLATILITY | The ATR as a percentage value for GWRS suggests some volalility. |
| Average Directional Index/ADX (14) | 18.16 | 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)
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 10.61 | 10.33 | 0.28 (2.64%) | 25.00% |
| An entry @10.61. This is a Buy Stop order right above the resistance zone. | An exit @10.33. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 0.28 points, which is 2.64%. | For a 0.66% total portfolio risk, you can invest 25.00% of your capital in this trade. |
- The distance between exit and entry is rather small compared to the average daily movement of GWRS. Please evaluate whether better entry and exit points can be found.
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
10.55
+0.06 (+0.57%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorUtilities
GICS IndustryWater Utilities
Performance
% Chg0.57%
1 Week-2.76%
2 Weeks-0.57%
1 Month6.14%
3 Month3.74%
6 Month1.93%
12 Month-13.31%
2 Year0.19%
3 Year-17.32%
5 Year-0.47%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.41
ATR(20)%3.31%
ATR Inc-59.37%
Range Today0.15
ADR(20)0.34
ADR(20)%3.21%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS25.22
3 months CRS57.38
6 months CRS28.59
Mansfield-1.32
10 Day High11.07
10 Day Low10.22
20 Day High11.17
20 Day Low9.86
52 Week High13.98
52 Week Low9.27
CS1 End10.45
CR1 Start10.55
Volume & EV
DER(3)2.19%
DER(5)-0.87%
Volume44.42K
Volume Incr-20.2%
Vol(5)77.44K
Vol(50)69.82K