MUELLER WATER PRODUCTS INC-A (MWA) Technical Analysis
NYSE:MWA • US6247581084
Current stock price
MWA Technical Rating and Analysis
We assign a technical rating of 5 out of 10 to MWA. In the last year, MWA was a medium performer in the overall market. The medium term is still looking fine, but we see some doubts in the very recent evolution.
- In the last month MWA has a been trading in the 26.88 - 31.00 range, which is quite wide. It is currently trading near the lows of this range.
- The long term trend is positive and the short term trend is neutral. The long term trend gets the benefit of the doubt for now.
- MWA has an average volume of 1186430 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- Looking at the yearly performance, MWA did better than 73% of all other stocks. However, this relatively good performance is mostly due to a recent big move.
- MWA is part of the Machinery industry. There are 131 other stocks in this industry, MWA did better than 56% of them.
- 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.
MWA Weekly and Daily overview Charts
MWA Setup Rating and Analysis
Although the technical rating is only medium, MWA does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is a support zone below the current price at 27.74, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for MWA in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
MWA Support and Resistance Analysis
23.03
We found 4 important support areas.
- A support zone ranging from 27.22 to 27.74. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @24.68 from a trend line in the weekly time frame.
- Support @23.81 from a trend line in the weekly time frame.
- Support @23.26 from a horizontal line in the weekly time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 30.13 to 30.15. This zone is formed by a combination of multiple trend lines in multiple time frames.
MWA Technical Indicator Signal Analysis
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 | NEUTRAL | NEUTRAL | The short term trend for MWA is neutral. |
| ChartMill Relative Strength | 73.04 | POSITIVE | MWA has a high relative strength, it outperformed 73.04% 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) | UP | MIXED | The current price of MWA is below 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) | 45.06 | NEUTRAL | The RSI value for MWA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.04 | NEGATIVE | The MACD value suggests MWA has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 60.83 | NEUTRAL | The Stochastics value for MWA is a neutral value. |
| Average True Range in percent/ATR (20) | 3 | MEDIUM VOLATILITY | The ATR as a percentage value for MWA suggests some volalility. |
| Average Directional Index/ADX (14) | 29.27 | POSITIVE | The high ADX value value for MWA suggests a strong trend. |
MWA Chart- and CandleStick Pattern Analysis
MWA Technicals: Chart, Performance Metrics, Trend & Indicators
27.8
-0.42 (-1.49%)
MUELLER WATER PRODUCTS INC-A / MWA TA FAQ
What is the technical rating for MWA stock?
ChartMill assigns a technical rating of 5 / 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 45.0606. 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 -0.0422161, 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 27.74 and a resistance level at 30.13. Check the full technical report for our detailed analysis of MWA support and resistance levels.