GLOBAL WATER RESOURCES INC (GWRS) Stock Technical Analysis
USA - NASDAQ:GWRS - US3794631024 - Common Stock
Overall GWRS gets a technical rating of 0 out of 10. GWRS'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 GWRS is bad and it also does not present a quality setup at the moment. Prices have been extended to the downside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
8.82
We can see 5 important resistance areas.
- A resistance zone ranging from 9.87 to 10.15. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @10.36 from a trend line in the weekly time frame.
- Resistance @10.55 from a horizontal line in the weekly time frame.
- A resistance zone ranging from 10.80 to 10.91. 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 | DOWN | NEGATIVE | The long term trend for GWRS is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for GWRS is down. |
| ChartMill Relative Strength | 15.06 | NEGATIVE | GWRS has a low relative strength, it was outperformed by 84.94% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of GWRS is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of GWRS is below 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) | 26.99 | OVERSOLD | The low RSI value suggests GWRS may be oversold. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.13 | NEGATIVE | The MACD value suggests GWRS has a negative trend. |
| Stochastics (14,3) | 9.77 | OVERSOLD | The low Stochastics value suggests GWRS may be oversold. |
| Average True Range in percent/ATR (20) | 3.25 | MEDIUM VOLATILITY | The ATR as a percentage value for GWRS suggests some volalility. |
| Average Directional Index/ADX (14) | 19.52 | NEGATIVE | The low ADX value for GWRS suggests a weak or negative trend. |
8.91
-0.2 (-2.2%)
GLOBAL WATER RESOURCES INC / GWRS FAQ
Can you provide the ChartMill technical rating for GLOBAL WATER RESOURCES INC?
ChartMill assigns a technical rating of 0 / 10 to GWRS.
What is the trend direction for GWRS stock?
The current trend direction for GLOBAL WATER RESOURCES INC (GWRS) is Bearish.
What is the RSI signal for GLOBAL WATER RESOURCES INC (GWRS) stock?
GLOBAL WATER RESOURCES INC (GWRS) has an RSI value of 26.9924. This indicates that the stock is currently oversold.
Can you provide the buy/sell signal for GLOBAL WATER RESOURCES INC?
The buy/sell signal for GLOBAL WATER RESOURCES INC (GWRS) is sell as both the short term and long term trends are negative.
What are the support and resistance levels for GLOBAL WATER RESOURCES INC (GWRS) stock?
GLOBAL WATER RESOURCES INC (GWRS) has a resistance level at 9.87. Check the full technical report for our detailed analysis of GWRS support and resistance levels.