WATERS CORP (WAT) Stock Technical Analysis
USA - NYSE:WAT - US9418481035 - Common Stock
We assign a technical rating of 9 out of 10 to WAT. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, WAT is showing a nice and steady performance.
Although WAT has an excellent technical rating, the quality of the presented setup is not ideal 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
5 important support areas can be observed.
- Support @367.15 from a trend line in the daily time frame.
- A support zone ranging from 339.20 to 342.89. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 298.15 to 302.22. 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 | 82.57 | POSITIVE | WAT has a high relative strength, it outperformed 82.57% 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) | 68.66 | NEUTRAL | The RSI value for WAT is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 1.11 | POSITIVE | The MACD value suggests WAT has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 81.11 | OVERBOUGHT | The high Stochastics value suggests WAT may be overbought. |
| Average True Range in percent/ATR (20) | 3.03 | MEDIUM VOLATILITY | The ATR as a percentage value for WAT suggests some volalility. |
| Average Directional Index/ADX (14) | 44.77 | POSITIVE | The high ADX value value for WAT suggests a strong trend. |
379.4
+0.1 (+0.03%)
WATERS CORP / WAT FAQ
Can you provide the ChartMill technical rating for WATERS CORP?
ChartMill assigns a technical rating of 9 / 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 68.6571. This indicates that the stock is currently neutral.
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.