WATERS CORP (WAT) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:WAT - US9418481035 - Common Stock
Taking everything into account, WAT scores 8 out of 10 in our technical rating. 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.
WAT has an excellent technical rating, but the quality of the setup is only medium 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
278.84
When analyzing the support we can see 3 important areas.
- A support zone ranging from 374.60 to 390.53. 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 | 66.2 | NEUTRAL | WAT is not amongst the best or worst performers 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) | 60.28 | 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, although the MACD value is declining. |
| Stochastics (14,3) | 69.68 | NEUTRAL | The Stochastics value for WAT is a neutral value. |
| Average True Range in percent/ATR (20) | 2.08 | MEDIUM VOLATILITY | The ATR as a percentage value for WAT suggests some volalility. |
| Average Directional Index/ADX (14) | 21.14 | NEUTRAL | The ADX value for WAT suggests a possible start of a new trend. |
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 408.68 | 373.53 | 35.15 (8.60%) | 11.63% |
| An entry @408.68. This is a Buy Stop order right above the 10 day high. | An exit @373.53. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 35.15 points, which is 8.60%. | When investing 11.63% of your capital in this trade, your total portfolio risk will be 1.00%. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
396.75
+0.1 (+0.03%)
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 60.2774. 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 390.53 and a resistance level at 415.48. Check the full technical report for our detailed analysis of WAT support and resistance levels.