ALKALINE WATER CO INC/THE (WTER) Technical Analysis
NASDAQ:WTER • US01643A3068
Current stock price
WTER Technical Rating and Analysis
Taking everything into account, WTER scores 1 out of 10 in our technical rating. WTER scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
- The long term trend is still negative, but the short term trend is neutral. It is advised to wait a little bit longer to see how this turns out.
- When comparing the yearly performance of all stocks, WTER is a bad performer in the overall market: 97% of all stocks are doing better.
- WTER is part of the Beverages industry. There are 34 other stocks in this industry, of which 87% are performing better than WTER.
- WTER is currently trading near the lower end of its 52 week range, which is not a good sign. The S&P500 Index is trading in the upper part of its 52 week range, so WTER is lagging the market.
- In the last month WTER has a been trading in the 0.25 - 0.32 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
WTER Weekly and Daily overview Charts
WTER Setup Rating and Analysis
WTER has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 0.29. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 0.25, a Stop Loss order could be placed below this zone.
More info and screens
WTER Support and Resistance Analysis
0.25
We found 1 important support area.
- A support zone ranging from 0.25 to 0.25. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 0.29 to 0.29. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
WTER 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 | DOWN | NEGATIVE | The long term trend for WTER is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for WTER is neutral. |
| ChartMill Relative Strength | 3.63 | NEGATIVE | WTER has a low relative strength, it was outperformed by 96.37% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of WTER is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of WTER is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of WTER is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 40.93 | NEUTRAL | The RSI value for WTER is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | NEGATIVE | The MACD value suggests WTER has a negative trend. |
| Stochastics (14,3) | 35.15 | NEUTRAL | The Stochastics value for WTER is a neutral value. |
| Average True Range in percent/ATR (20) | 9.92 | HIGH VOLATILITY | The high ATR as a percentage value for WTER suggests high volalility. |
| Average Directional Index/ADX (14) | 19.32 | NEGATIVE | The low ADX value for WTER suggests a weak or negative trend. |
WTER Chart- and CandleStick Pattern Analysis
WTER Technicals: Chart, Performance Metrics, Trend & Indicators
0.26
-0.02 (-8.42%)
ALKALINE WATER CO INC/THE / WTER TA FAQ
What is the technical rating for WTER stock?
ChartMill assigns a technical rating of 1 / 10 to WTER.
What is the current trend direction of ALKALINE WATER CO INC/THE (WTER) stock?
The current trend direction for ALKALINE WATER CO INC/THE (WTER) is Bearish.
What is the RSI signal for ALKALINE WATER CO INC/THE (WTER) stock?
ALKALINE WATER CO INC/THE (WTER) has an RSI value of 40.9289. This indicates that the stock is currently neutral.
Can you provide the short term momentum for ALKALINE WATER CO INC/THE?
The short term momentum for ALKALINE WATER CO INC/THE (WTER) is neutral.