MUELLER WATER PRODUCTS INC-A (MWA) Stock Technical Analysis
NYSE:MWA - US6247581084 - Common Stock
26.78 USD
+0.03 (+0.11%)
26.78 USD
0 (0%)
Taking everything into account, MWA scores 10 out of 10 in our technical rating. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, MWA is showing a nice and steady performance.
Both the short term and long term trends are positive. This is a very positive sign.
Looking at the yearly performance, MWA did better than 81% of all other stocks.
MWA is part of the Machinery industry. There are 129 other stocks in this industry. MWA outperforms 71% of them.
MWA is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so MWA is lagging the market slightly.
In the last month MWA has a been trading in the 25.40 - 27.43 range, which is quite wide. It is currently trading near the high of this range.
Prices have been consolidating recently, this may present a good entry opportunity.
MWA has an average volume of 1187410 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Besides having an excellent technical rating, MWA also presents a decent setup pattern. Prices have been consolidating lately. A pullback is taking place, which may present a nice opportunity for an entry. There is a resistance zone just above the current price starting at 27.21. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 25.74, a Stop Loss order could be placed below this zone. Very recently a Pocket Pivot signal was observed. This is another positive sign.
- 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
22.59
28.52
We found 4 important support areas.
- A support zone ranging from 25.49 to 25.74. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 24.42 to 24.73. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 23.64 to 23.98. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 22.82 to 23.26. This zone is formed by a combination of multiple trend lines in multiple time frames.
2 important resistance areas can be observed.
- A resistance zone ranging from 27.21 to 27.32. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 27.82 to 28.24. This zone is formed by a combination of multiple trend lines in the daily 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 | UP | POSITIVE | The long term trend for MWA is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for MWA is up. |
| ChartMill Relative Strength | 81.28 | POSITIVE | MWA has a high relative strength, it outperformed 81.28% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of MWA is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of MWA is above the rising 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) | 56.15 | NEUTRAL | The RSI value for MWA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.07 | NEGATIVE | The MACD value suggests MWA has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 41.28 | NEUTRAL | The Stochastics value for MWA is a neutral value. |
| Average True Range in percent/ATR (20) | 2.14 | MEDIUM VOLATILITY | The ATR as a percentage value for MWA suggests some volalility. |
| Average Directional Index/ADX (14) | 23.75 | NEUTRAL | The ADX value for MWA suggests a possible start of a new 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 |
|---|---|---|---|
| 27.33 | 25.90 | 1.43 (5.23%) | 19.11% |
| An entry @27.33. This is a Buy Stop order right above the resistance zone. | An exit @25.90. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 1.43 points, which is 5.23%. | When investing 19.11% of your capital in this trade, your total portfolio risk will be 1.00%. |
- 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.
26.78
+0.03 (+0.11%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryMachinery
Performance
% Chg0.11%
1 Week-0.56%
2 Weeks3.12%
1 Month3.36%
3 Month8.73%
6 Month6.91%
12 Month38.33%
2 Year111.2%
3 Year160.76%
5 Year157.75%
10 Year249.61%
15 Year786.76%
Volatility
ATR(14)0.54
ATR(20)%2.14%
ATR Inc16.13%
Range Today0.58
ADR(20)0.56
ADR(20)%2.08%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS81.28
Mansfield0.02
10 Day High27.42
10 Day Low25.91
20 Day High27.44
20 Day Low25.4
52 Week High28.58
52 Week Low19.28
CS1 End25.74
CR1 Start27.21
Volume & EV
DER(3)1.97%
DER(5)0.75%
Volume645.30K
Volume Incr-23.11%
Vol(5)867.26K
Vol(50)1.19M