MUELLER WATER PRODUCTS INC-A (MWA) Stock Technical Analysis
NYSE:MWA • US6247581084
Taking everything into account, MWA scores 8 out of 10 in our technical rating. This is due to a decent performance in both the short and medium term time frames. Compared to the overall market, MWA is only an average performer.
- Both the short term and long term trends are positive. This is a very positive sign.
- A new 52 week high is currently being made by MWA, which is a very good signal! However, this is in line with the S&P500, which is also trading near new highs.
- MWA is currently showing a bull flag pattern! A bull flag pattern occurs when prices pull back slightly after a strong rise up. This may be a nice opportunity for an entry.
- MWA has an average volume of 1233090 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- When comparing the yearly performance of all stocks, we notice that MWA is one of the better performing stocks in the market, outperforming 78% of all stocks. However, this relatively good performance is mostly due to a recent big move.
- MWA is an average performer in the Machinery industry, it outperforms 62% of 130 stocks in the same industry.
Although MWA has an excellent technical rating, it does not offer a high quality setup 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
22.93
When analyzing the support we can see 5 important areas.
- A support zone ranging from 29.25 to 29.92. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @25.00 from a trend line in the daily time frame.
- A support zone ranging from 24.42 to 24.60. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @23.67 from a trend line in the weekly time frame.
- A support zone ranging from 23.16 to 23.26. This zone is formed by a combination of multiple trend lines in multiple time frames.
We found 1 important resistance area.
- A resistance zone ranging from 29.94 to 30.15. 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 MWA is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for MWA is up. |
| ChartMill Relative Strength | 78.04 | POSITIVE | MWA has a high relative strength, it outperformed 78.04% 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) | 67.86 | NEUTRAL | The RSI value for MWA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.09 | NEGATIVE | The MACD value suggests MWA has a negative trend. |
| Stochastics (14,3) | 71 | NEUTRAL | The Stochastics value for MWA is a neutral value. |
| Average True Range in percent/ATR (20) | 2.64 | MEDIUM VOLATILITY | The ATR as a percentage value for MWA suggests some volalility. |
| Average Directional Index/ADX (14) | 49.59 | POSITIVE | The high ADX value value for MWA suggests a strong trend. |
29.93
-0.19 (-0.63%)
MUELLER WATER PRODUCTS INC-A / MWA FAQ
What is the technical rating for MWA stock?
ChartMill assigns a technical rating of 8 / 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 MWA stock?
MUELLER WATER PRODUCTS INC-A (MWA) has an RSI value of 67.8571. This indicates that the stock is currently neutral.
What is the MACD signal for MUELLER WATER PRODUCTS INC-A (MWA) stock?
The MACD indicator for MUELLER WATER PRODUCTS INC-A (MWA) has a value of -0.0914027, indicating a bearish trend.
What is the support and resistance level for MWA stock?
MUELLER WATER PRODUCTS INC-A (MWA) has a support level at 29.92 and a resistance level at 29.94. Check the full technical report for our detailed analysis of MWA support and resistance levels.