ALKALINE WATER CO INC/THE (WTER) Stock Technical Analysis
NASDAQ:WTER - Nasdaq - US01643A3068 - Common Stock - Currency: USD
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 33 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. Certainly not because the S&P500 Index is trading near new 52 week highs at the moment.
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 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
0.25
0.29
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.
We found 1 important resistance 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.
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. |
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
0.26
-0.02 (-8.42%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Staples
GICS IndustryBeverages
Performance
% Chg-8.42%
1 Week-11.23%
2 Weeks-6.91%
1 Month2.77%
3 Month-18.26%
6 Month-81.82%
12 Month-92.46%
2 Year-98.07%
3 Year-98.49%
5 Year-99.49%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.02
ATR(20)%9.92%
ATR Inc-2.1%
Range Today0.03
ADR(20)0.03
ADR(20)%9.88%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS3.63
Mansfield-7.98
10 Day High0.31
10 Day Low0.26
20 Day High0.32
20 Day Low0.25
52 Week High3.9
52 Week Low0.18
CS1 End0.25
CR1 Start0.29
Volume & EV
DER(3)-9.61%
DER(5)-9.36%
Volume264.00K
Volume Incr-30.32%
Vol(5)110.94K
Vol(50)160.15K