MUELLER WATER PRODUCTS INC-A (MWA) Technical Analysis
NYSE:MWA • US6247581084
Current stock price
MWA Technical Rating and Analysis
We assign a technical rating of 3 out of 10 to MWA. In the last year, MWA was a medium performer in the overall market. The medium term is still looking fine, but we see some doubts in the very recent evolution.
- In the last month MWA has a been trading in the 26.72 - 30.75 range, which is quite wide. It is currently trading near the lows of this range.
- MWA has an average volume of 1128500 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- The short term trend is negative, but the long term trend is still positive. So although the long term is still positive, this may be a trend turning.
- When comparing the performance of all stocks over the past year, MWA turns out to be only a medium performer in the overall market: it outperformed 48% of all stocks.
- MWA is an average performer in the Machinery industry, it outperforms 45% of 131 stocks in the same industry.
- MWA is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so MWA is lagging the market.
- Volume is considerably higher in the last couple of days.
MWA Weekly and Daily overview Charts
MWA Setup Rating and Analysis
MWA has a poor technical rating and the quality of the setup is also only medium 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
MWA Support and Resistance Analysis
23.03
5 important support areas can be observed.
- Support @27.66 from a trend line in the daily time frame.
- A support zone ranging from 26.85 to 27.04. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @25.00 from a trend line in the weekly time frame.
- Support @23.95 from a trend line in the weekly time frame.
- Support @23.26 from a horizontal line in the weekly time frame.
2 important resistance areas can be observed.
- A resistance zone ranging from 28.40 to 29.02. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A resistance zone ranging from 30.13 to 30.37. This zone is formed by a combination of multiple trend lines in multiple time frames.
MWA Technical Indicator Signal Analysis
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 MWA is up. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for MWA is down. |
| ChartMill Relative Strength | 48.39 | NEUTRAL | MWA is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of MWA is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of MWA is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of MWA is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 45.11 | NEUTRAL | The RSI value for MWA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.14 | NEGATIVE | The MACD value suggests MWA has a negative trend. |
| Stochastics (14,3) | 15.89 | OVERSOLD | The low Stochastics value suggests MWA may be oversold. |
| Average True Range in percent/ATR (20) | 3.21 | MEDIUM VOLATILITY | The ATR as a percentage value for MWA suggests some volalility. |
| Average Directional Index/ADX (14) | 20.83 | NEUTRAL | The ADX value for MWA suggests a possible start of a new trend. |
MWA Chart- and CandleStick Pattern Analysis
MWA Technicals: Chart, Performance Metrics, Trend & Indicators
27.79
+0.07 (+0.25%)
MUELLER WATER PRODUCTS INC-A / MWA TA FAQ
What is the technical rating for MWA stock?
ChartMill assigns a technical rating of 3 / 10 to MWA.
Can you provide the trend direction for MUELLER WATER PRODUCTS INC-A?
The current trend direction for MUELLER WATER PRODUCTS INC-A (MWA) is Bullish.
What is the RSI signal for MUELLER WATER PRODUCTS INC-A (MWA) stock?
MUELLER WATER PRODUCTS INC-A (MWA) has an RSI value of 45.113. This indicates that the stock is currently neutral.
What is the buy/sell signal for MWA stock?
The buy/sell signal for MUELLER WATER PRODUCTS INC-A (MWA) is hold as the short term and long term trends are mixed.
What is the support and resistance level for MWA stock?
MUELLER WATER PRODUCTS INC-A (MWA) has a support level at 27.66 and a resistance level at 28.4. Check the full technical report for our detailed analysis of MWA support and resistance levels.