MUELLER WATER PRODUCTS INC-A (MWA) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:MWA - US6247581084 - Common Stock
We assign a technical rating of 0 out of 10 to MWA. MWA scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
Although the technical rating is bad, MWA does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. There is a resistance zone just above the current price starting at 24.20. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 24.03, a Stop Loss order could be placed below this zone.
More info and screens
22.59
When analyzing the support we notice one important area.
- A support zone ranging from 22.82 to 24.03. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
3 important resistance areas can be observed.
- Resistance @24.20 from a horizontal line in the daily time frame.
- A resistance zone ranging from 25.64 to 25.76. This zone is formed by a combination of multiple trend lines in the daily time frame.
- A resistance zone ranging from 27.21 to 27.39. This zone is formed by a combination of multiple trend lines 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 | DOWN | NEGATIVE | The long term trend for MWA is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for MWA is down. |
| ChartMill Relative Strength | 28.38 | NEGATIVE | MWA has a low relative strength, it was outperformed by 71.62% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of MWA is above 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) | DOWN | NEGATIVE | The current price of MWA is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 46.91 | NEUTRAL | The RSI value for MWA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.13 | POSITIVE | The MACD value suggests MWA has a positive trend. |
| Stochastics (14,3) | 76.13 | NEUTRAL | The Stochastics value for MWA is a neutral value. |
| Average True Range in percent/ATR (20) | 2.72 | MEDIUM VOLATILITY | The ATR as a percentage value for MWA suggests some volalility. |
| Average Directional Index/ADX (14) | 20 | NEGATIVE | The low ADX value for MWA suggests a weak or negative trend. |
24.08
-0.16 (-0.66%)
MUELLER WATER PRODUCTS INC-A / MWA FAQ
What is the technical rating for MWA stock?
ChartMill assigns a technical rating of 0 / 10 to MWA.
What is the current trend direction of MUELLER WATER PRODUCTS INC-A (MWA) stock?
The current trend direction for MUELLER WATER PRODUCTS INC-A (MWA) is Bearish.
What is the RSI signal for MWA stock?
MUELLER WATER PRODUCTS INC-A (MWA) has an RSI value of 46.9089. This indicates that the stock is currently neutral.
Can you provide the MACD signal for MUELLER WATER PRODUCTS INC-A?
The MACD indicator for MUELLER WATER PRODUCTS INC-A (MWA) has a value of 0.131631, indicating a bearish trend.
Can you provide the support and resistance levels for MUELLER WATER PRODUCTS INC-A?
MUELLER WATER PRODUCTS INC-A (MWA) has a support level at 24.03 and a resistance level at 24.2. Check the full technical report for our detailed analysis of MWA support and resistance levels.