H2O AMERICA (HTO) Stock Technical Analysis
NASDAQ:HTO • US7843051043
Taking everything into account, HTO scores 7 out of 10 in our technical rating. This is due to a decent performance in both the short and longer term time frames. Compared to the overall market however, HTO is a bad performer.
- 100% of all other stocks performed better in the past year than HTO.
- HTO is part of the Water Utilities industry. There are 14 other stocks in this industry, of which 100% are performing better than HTO.
- The long and short term trends are both positive. This is looking good!
- In the last month HTO has a been trading in the 50.90 - 55.84 range, which is quite wide. It is currently trading near the high of this range.
Besides having an excellent technical rating, HTO also presents a decent setup pattern. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 54.73. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 53.78, a Stop Loss order could be placed below this zone. Another positive sign is the recent Pocket Pivot signal.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
50.74
When analyzing the support we can see 2 important areas.
- A support zone ranging from 52.94 to 53.78. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 51.25 to 52.03. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
We found 1 important resistance area.
- A resistance zone ranging from 54.73 to 55.21. This zone is formed by a combination of multiple trend lines and important moving averages 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 | UP | POSITIVE | The long term trend for HTO is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for HTO is up. |
| ChartMill Relative Strength | 0 | NEGATIVE | HTO has a low relative strength, it was outperformed by 100% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of HTO is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of HTO is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of HTO is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 53.14 | NEUTRAL | The RSI value for HTO is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.07 | NEGATIVE | The MACD value suggests HTO has a negative trend. |
| Stochastics (14,3) | 69.3 | NEUTRAL | The Stochastics value for HTO is a neutral value. |
| Average True Range in percent/ATR (20) | 2.67 | MEDIUM VOLATILITY | The ATR as a percentage value for HTO suggests some volalility. |
| Average Directional Index/ADX (14) | 22.02 | NEUTRAL | The ADX value for HTO suggests a possible start of a new trend. |
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 |
|---|---|---|---|
| 55.22 | 52.93 | 2.29 (4.15%) | 24.11% |
| An entry @55.22. This is a Buy Stop order right above the resistance zone. | An exit @52.93. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 2.29 points, which is 4.15%. | When investing 24.11% of your capital in this trade, your total portfolio risk will be 1.00%. |
- The distance between exit and entry is rather small compared to the average daily movement of HTO. 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.
53.79
-0.21 (-0.39%)
H2O AMERICA / HTO FAQ
Can you provide the ChartMill technical rating for H2O AMERICA?
ChartMill assigns a technical rating of 7 / 10 to HTO.
Can you provide the trend direction for H2O AMERICA?
The current trend direction for H2O AMERICA (HTO) is Bullish.
What is the RSI signal for HTO stock?
H2O AMERICA (HTO) has an RSI value of 53.1381. This indicates that the stock is currently neutral.
What is the MACD signal for HTO stock?
The MACD indicator for H2O AMERICA (HTO) has a value of -0.0709041, indicating a bearish trend.
What is the short term momentum for H2O AMERICA (HTO) stock?
The short term momentum for H2O AMERICA (HTO) is positive.