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.
Although the technical rating is bad, MWA does present a nice setup opportunity. Prices have been consolidating lately.
21.26
3 important support areas can be observed.
When analyzing the resistance we notice 5 important areas.
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. |
24.31
-0.23 (-0.94%)