374WATER INC (SCWO) Stock Technical Analysis
USA - NASDAQ:SCWO - US88583P1049 - Common Stock
Overall SCWO gets a technical rating of 0 out of 10. SCWO scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
The technical rating of SCWO is bad and it also does not present a quality setup 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
0.24
When analyzing the support we notice one important area.
- A support zone ranging from 0.24 to 0.24. This zone is formed by a combination of multiple trend lines in multiple time frames.
We found 1 important resistance area.
- A resistance zone ranging from 0.36 to 0.36. This zone is formed by a combination of multiple trend lines and important moving averages 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 SCWO is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for SCWO is down. |
| ChartMill Relative Strength | 9.29 | NEGATIVE | SCWO has a low relative strength, it was outperformed by 90.71% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of SCWO is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of SCWO is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of SCWO is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 35.96 | NEUTRAL | The RSI value for SCWO is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.02 | NEGATIVE | The MACD value suggests SCWO has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 11.34 | OVERSOLD | The low Stochastics value suggests SCWO may be oversold. |
| Average True Range in percent/ATR (20) | 22.3 | HIGH VOLATILITY | The high ATR as a percentage value for SCWO suggests high volalility. |
| Average Directional Index/ADX (14) | 22.33 | NEUTRAL | The ADX value for SCWO suggests a possible start of a new trend. |
0.25
+0 (+1.96%)
374WATER INC / SCWO FAQ
What is the technical rating for SCWO stock?
ChartMill assigns a technical rating of 0 / 10 to SCWO.
What is the current trend direction of 374WATER INC (SCWO) stock?
The current trend direction for 374WATER INC (SCWO) is Bearish.
What is the RSI signal for SCWO stock?
374WATER INC (SCWO) has an RSI value of 35.9646. This indicates that the stock is currently neutral.
What is the MACD signal for SCWO stock?
The MACD indicator for 374WATER INC (SCWO) has a value of -0.016333, indicating a bearish trend.
What is the short term momentum for 374WATER INC (SCWO) stock?
The short term momentum for 374WATER INC (SCWO) is negative.