374WATER INC (SCWO) Technical Analysis
NASDAQ:SCWO • US88583P2039
Current stock price
SCWO Technical Rating and Analysis
We assign a technical rating of 0 out of 10 to SCWO. SCWO's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
- When comparing the yearly performance of all stocks, SCWO is a bad performer in the overall market: 87% of all stocks are doing better.
- SCWO is part of the Machinery industry. There are 131 other stocks in this industry, of which 84% are performing better than SCWO.
- SCWO is currently trading near the lower end of its 52 week range, which is not a good sign. Certainly not because the S&P500 Index is trading near new 52 week highs at the moment.
- In the last month SCWO has a been trading in the 2.40 - 3.50 range, which is quite wide. It is currently trading near the lows of this range.
- Prices have been falling strongly lately, it is better to avoid new long positions here.
- The long term trend is neutral, but the short term trend is negative. Better to stay away from this!
SCWO Weekly and Daily overview Charts
SCWO Setup Rating and Analysis
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
SCWO Support and Resistance Analysis
2.31
2 important support areas can be observed.
- A support zone ranging from 2.40 to 2.42. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Support @2.33 from a horizontal line in the weekly time frame.
3 important resistance areas can be observed.
- A resistance zone ranging from 2.83 to 2.85. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @3.08 from a trend line in the daily time frame.
- Resistance @3.26 from a trend line in the daily time frame.
SCWO 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 | 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 | 13.05 | NEGATIVE | SCWO has a low relative strength, it was outperformed by 86.95% 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) | UP | MIXED | The current price of SCWO is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 37.56 | NEUTRAL | The RSI value for SCWO is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.09 | NEGATIVE | The MACD value suggests SCWO has a negative trend. |
| Stochastics (14,3) | 5.45 | OVERSOLD | The low Stochastics value suggests SCWO may be oversold. |
| Average True Range in percent/ATR (20) | 9.81 | HIGH VOLATILITY | The high ATR as a percentage value for SCWO suggests high volalility. |
| Average Directional Index/ADX (14) | 17.94 | NEGATIVE | The low ADX value for SCWO suggests a weak or negative trend. |
SCWO Chart- and CandleStick Pattern Analysis
SCWO Technicals: Chart, Performance Metrics, Trend & Indicators
2.49
+0.01 (+0.4%)
374WATER INC / SCWO TA FAQ
What is the technical rating for SCWO stock?
ChartMill assigns a technical rating of 0 / 10 to SCWO.
What is the trend direction for SCWO stock?
The current trend direction for 374WATER INC (SCWO) is Bearish.
What is the RSI signal for 374WATER INC (SCWO) stock?
374WATER INC (SCWO) has an RSI value of 37.5561. This indicates that the stock is currently neutral.
What is the MACD signal for 374WATER INC (SCWO) stock?
The MACD indicator for 374WATER INC (SCWO) has a value of -0.0880403, indicating a bearish trend.
What is the short term momentum for SCWO stock?
The short term momentum for 374WATER INC (SCWO) is negative.