WATERS CORP (WAT) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:WAT - US9418481035 - Common Stock
Overall WAT gets a technical rating of 8 out of 10. Although WAT is only a medium performer in the overall market, the technical picture looks good in both the medium and short term time frames.
Although WAT has an excellent technical rating, it does not offer a high 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.
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278.84
When analyzing the support we can see 3 important areas.
- A support zone ranging from 374.98 to 387.99. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @286.21 from a horizontal line in the weekly time frame.
- Support @281.66 from a horizontal line in the daily time frame.
We found 1 important resistance area.
- A resistance zone ranging from 415.48 to 417.29. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 WAT is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for WAT is up. |
| ChartMill Relative Strength | 70.55 | POSITIVE | WAT has a high relative strength, it outperformed 70.55% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of WAT is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of WAT is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of WAT is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 63.56 | NEUTRAL | The RSI value for WAT is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 1.15 | POSITIVE | The MACD value suggests WAT has a positive trend. |
| Stochastics (14,3) | 83.45 | OVERBOUGHT | The high Stochastics value suggests WAT may be overbought. |
| Average True Range in percent/ATR (20) | 2.18 | MEDIUM VOLATILITY | The ATR as a percentage value for WAT suggests some volalility. |
| Average Directional Index/ADX (14) | 19.79 | NEGATIVE | The low ADX value for WAT suggests a weak or negative trend. |
399.41
-1.13 (-0.28%)
WATERS CORP / WAT FAQ
Can you provide the ChartMill technical rating for WATERS CORP?
ChartMill assigns a technical rating of 8 / 10 to WAT.
What is the trend direction for WAT stock?
The current trend direction for WATERS CORP (WAT) is Bullish.
Can you provide the RSI signal for WATERS CORP?
WATERS CORP (WAT) has an RSI value of 63.5596. This indicates that the stock is currently neutral.
What is the short term momentum for WATERS CORP (WAT) stock?
The short term momentum for WATERS CORP (WAT) is positive.
Can you provide the support and resistance levels for WATERS CORP?
WATERS CORP (WAT) has a support level at 387.99 and a resistance level at 415.48. Check the full technical report for our detailed analysis of WAT support and resistance levels.