MUELLER WATER PRODUCTS INC-A (MWA) Stock Technical Analysis
NYSE:MWA - New York Stock Exchange, Inc. - US6247581084 - Common Stock - Currency: USD
Overall MWA gets a technical rating of 8 out of 10. Although MWA has been one of the better performers in the overall market, we have a mixed picture in the medium term time frame. But recently some decent action can be observed again.
The short term trend is positive, while the long term trend is neutral. So this is evolving in the right direction.
When comparing the yearly performance of all stocks, we notice that MWA is one of the better performing stocks in the market, outperforming 77% of all stocks. We also observe that the gains produced by MWA over the past year are nicely spread over this period.
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 23.76 - 27.43 range, which is quite wide. It is currently trading near the high of this range.
MWA has an average volume of 1364420 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
MWA is part of the Machinery industry. There are 127 other stocks in this industry, MWA did better than 68% of them.
MWA has an excellent technical rating, but the quality of the setup is 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
22.59
28.52
When analyzing the support we can see 4 important areas.
- A support zone ranging from 25.94 to 25.97. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 24.34 to 25.29. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 23.64 to 23.77. This zone is formed by a combination of multiple trend lines in the daily time frame.
- 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.
We can see 2 important resistance areas.
- A resistance zone ranging from 27.32 to 27.32. This zone is formed by a combination of multiple trend lines in the weekly time frame.
- 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 | NEUTRAL | NEUTRAL | The long term trend for MWA is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for MWA is up. |
| ChartMill Relative Strength | 77.38 | POSITIVE | MWA has a high relative strength, it outperformed 77.38% 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) | 57.4 | NEUTRAL | The RSI value for MWA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.17 | POSITIVE | The MACD value suggests MWA has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 80.82 | OVERBOUGHT | The high Stochastics value suggests MWA may be overbought. |
| Average True Range in percent/ATR (20) | 2.79 | MEDIUM VOLATILITY | The ATR as a percentage value for MWA suggests some volalility. |
| Average Directional Index/ADX (14) | 23.64 | 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 | 25.93 | 1.40 (5.12%) | 19.52% |
| An entry @27.33. This is a Buy Stop order right above the resistance zone. | An exit @25.93. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 1.40 points, which is 5.12%. | When investing 19.52% 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.
26.24
-0.32 (-1.2%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryMachinery
Performance
% Chg-1.2%
1 Week2.46%
2 Weeks8.25%
1 Month4.21%
3 Month2.42%
6 Month-2.38%
12 Month28.5%
2 Year85.84%
3 Year132.62%
5 Year142.96%
10 Year193.18%
15 Year1007.17%
Volatility
ATR(14)0.85
ATR(20)%2.79%
ATR Inc-16.54%
Range Today0.45
ADR(20)0.67
ADR(20)%2.55%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS77.38
Mansfield-0.06
10 Day High27.44
10 Day Low23.76
20 Day High27.44
20 Day Low23.76
52 Week High28.58
52 Week Low19.23
CS1 End25.97
CR1 Start27.32
Volume & EV
DER(3)-0.25%
DER(5)0.93%
Volume613.15K
Volume Incr-39.91%
Vol(5)958.17K
Vol(50)1.36M