WATERS CORP (WAT) Stock Technical Analysis
USA - NYSE:WAT - US9418481035 - Common Stock
Taking everything into account, WAT scores 8 out of 10 in our technical rating. This is due to a decent performance in both the short and medium term time frames. Compared to the overall market, WAT is only an average performer.
Although WAT has an excellent technical rating, it does not present a decent entry opportunity 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
We found 5 important support areas.
- A support zone ranging from 356.13 to 356.14. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Support @342.89 from a horizontal line in the daily time frame.
- A support zone ranging from 296.71 to 300.72. This zone is formed by a combination of multiple trend lines 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.
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 | 79.58 | POSITIVE | WAT has a high relative strength, it outperformed 79.58% 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) | DOWN | MIXED | The current price of WAT is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 71.22 | OVERBOUGHT | The high RSI value suggests WAT may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 1.38 | POSITIVE | The MACD value suggests WAT has a positive trend. |
| Stochastics (14,3) | 77.92 | NEUTRAL | The Stochastics value for WAT is a neutral value. |
| Average True Range in percent/ATR (20) | 3.01 | MEDIUM VOLATILITY | The ATR as a percentage value for WAT suggests some volalility. |
| Average Directional Index/ADX (14) | 37.31 | POSITIVE | The high ADX value value for WAT suggests a strong trend. |
371.69
+0.53 (+0.14%)
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 current trend direction of WATERS CORP (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 71.22. This indicates that the stock is currently overbought.
Can you provide the short term momentum for WATERS CORP?
The short term momentum for WATERS CORP (WAT) is positive.
What is the buy/sell signal for WATERS CORP (WAT) stock?
The buy/sell signal for WATERS CORP (WAT) is buy as both the short term and long term trends are positive.