MUELLER WATER PRODUCTS INC-A (MWA) Stock Technical Analysis
NYSE:MWA - New York Stock Exchange, Inc. - US6247581084 - Common Stock - Currency: USD
We assign a technical rating of 3 out of 10 to MWA. 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 84% of all stocks.
MWA is part of the Machinery industry. There are 128 other stocks in this industry. MWA outperforms 77% of them.
MWA has an average volume of 1749550 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 currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so MWA is lagging the market slightly.
In the last month MWA has a been trading in the 23.55 - 26.28 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Although the technical rating is bad, MWA does present a nice setup opportunity. Prices have been consolidating lately.
More info and screens
21.26
28.10
3 important support areas can be observed.
- Support @23.74 from a trend line in the daily time frame.
- A support zone ranging from 22.82 to 22.84. This zone is formed by a combination of multiple trend lines in the daily time frame.
- A support zone ranging from 21.47 to 21.65. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 5 important areas.
- A resistance zone ranging from 24.55 to 25.15. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @25.97 from a horizontal line in the daily time frame.
- Resistance @26.48 from a trend line 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 | 84.73 | POSITIVE | MWA has a high relative strength, it outperformed 84.73% 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 | POSITIVE | The current price of MWA is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 43.54 | NEUTRAL | The RSI value for MWA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.06 | NEGATIVE | The MACD value suggests MWA has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 27.43 | NEUTRAL | The Stochastics value for MWA is a neutral value. |
| Average True Range in percent/ATR (20) | 2.9 | MEDIUM VOLATILITY | The ATR as a percentage value for MWA suggests some volalility. |
| Average Directional Index/ADX (14) | 16.42 | NEGATIVE | The low ADX value for MWA suggests a weak or negative 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)
24.31
-0.23 (-0.94%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryMachinery
Performance
% Chg-0.94%
1 Week-1.1%
2 Weeks-3.88%
1 Month-3.99%
3 Month-2.95%
6 Month-3.91%
12 Month38.76%
2 Year49.78%
3 Year107.25%
5 Year157.79%
10 Year167.14%
15 Year555.26%
Volatility
ATR(14)0.5
ATR(20)%2.9%
ATR Inc-1.24%
Range Today0.61
ADR(20)0.65
ADR(20)%2.67%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS84.73
Mansfield0.17
10 Day High25.14
10 Day Low23.82
20 Day High26.28
20 Day Low23.55
52 Week High28.58
52 Week Low17.09
CS1 End23.74
CR1 Start24.55
Volume & EV
DER(3)-2.54%
DER(5)-1.15%
Volume1.10M
Volume Incr-21.8%
Vol(5)1.32M
Vol(50)1.75M