MUELLER WATER PRODUCTS INC-A (MWA) Stock Technical Analysis
NYSE:MWA - New York Stock Exchange, Inc. - US6247581084 - Common Stock - Currency: USD
Taking everything into account, MWA scores 3 out of 10 in our technical rating. Although MWA is scoring some points because its good overall performance in the market in the past year, recent evolutions are not that positive. Both the medium and short term picture give negative signs.
When comparing the yearly performance of all stocks, we notice that MWA is one of the better performing stocks in the market, outperforming 75% of all stocks. We also observe that the gains produced by MWA over the past year are nicely spread over this period.
MWA has an average volume of 1544820 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
The long term trend is neutral, but the short term trend is negative. Better to stay away from this!
MWA is part of the Machinery industry. There are 128 other stocks in this industry, MWA did better than 63% of them.
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.
In the last month MWA has a been trading in the 23.03 - 25.11 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
MWA has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. There is very little resistance above the current price. There is a support zone below the current price at 23.61, a Stop Loss order could be placed below this zone.
More info and screens
22.59
28.10
When analyzing the support we notice one important area.
- A support zone ranging from 22.82 to 23.61. 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.
- A resistance zone ranging from 25.97 to 26.01. This zone is formed by a combination of multiple trend lines in the daily time frame.
- A resistance zone ranging from 27.21 to 27.32. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @27.82 from a horizontal line 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 | DOWN | NEGATIVE | The short term trend for MWA is down. |
| ChartMill Relative Strength | 75.54 | POSITIVE | MWA has a high relative strength, it outperformed 75.54% off all stocks 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 | MIXED | The current price of MWA is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 43.19 | NEUTRAL | The RSI value for MWA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests MWA has a positive trend. |
| Stochastics (14,3) | 43.32 | NEUTRAL | The Stochastics value for MWA is a neutral value. |
| Average True Range in percent/ATR (20) | 2.12 | MEDIUM VOLATILITY | The ATR as a percentage value for MWA suggests some volalility. |
| Average Directional Index/ADX (14) | 24.85 | 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)
23.68
-0.38 (-1.58%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryMachinery
Performance
% Chg-1.58%
1 Week1.11%
2 Weeks-3.62%
1 Month-5.51%
3 Month-7.17%
6 Month4.78%
12 Month32.14%
2 Year45.9%
3 Year101.88%
5 Year151.11%
10 Year160.22%
15 Year538.28%
Volatility
ATR(14)0.51
ATR(20)%2.12%
ATR Inc0.98%
Range Today0.54
ADR(20)0.48
ADR(20)%2.02%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS75.54
Mansfield-0.37
10 Day High24.7
10 Day Low23.03
20 Day High25.11
20 Day Low23.03
52 Week High28.58
52 Week Low17.49
CS1 End23.61
CR1 Start25.97
Volume & EV
DER(3)2.22%
DER(5)1.88%
Volume941.43K
Volume Incr38.29%
Vol(5)1.68M
Vol(50)1.54M