AQUA AMERICA INC (WTR) Stock Technical Analysis
USA - NYSE:WTR -
Overall WTR gets a technical rating of 10 out of 10. Both in the recent history as in the last year, WTR has proven to be a steady performer, scoring decent points in every aspect analyzed.
Although WTR 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
36.38
3 important support areas can be observed.
- A support zone ranging from 46.94 to 47.67. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 45.24 to 46.20. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @36.75 from a trend line in the weekly time frame.
We found 1 important resistance area.
- A resistance zone ranging from 51.95 to 52.35. 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 WTR is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for WTR is up. |
| ChartMill Relative Strength | 92.05 | POSITIVE | WTR has a high relative strength, it outperformed 92.05% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of WTR is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of WTR is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of WTR is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 76.72 | OVERBOUGHT | The high RSI value suggests WTR may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.16 | POSITIVE | The MACD value suggests WTR has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 93.5 | OVERBOUGHT | The high Stochastics value suggests WTR may be overbought. |
| Average True Range in percent/ATR (20) | 1.27 | LOW VOLATILITY | The low ATR as a percentage value for WTR suggests low volalility. |
51.94
-0.4 (-0.76%)
AQUA AMERICA INC / WTR FAQ
What is the ChartMill technical rating of AQUA AMERICA INC (WTR) stock?
ChartMill assigns a technical rating of 10 / 10 to WTR.
What is the trend direction for WTR stock?
The current trend direction for AQUA AMERICA INC (WTR) is Bullish.
What is the RSI signal for WTR stock?
AQUA AMERICA INC (WTR) has an RSI value of 76.7206. This indicates that the stock is currently overbought.
Can you provide the short term momentum for AQUA AMERICA INC?
The short term momentum for AQUA AMERICA INC (WTR) is positive.
Can you provide the support and resistance levels for AQUA AMERICA INC?
AQUA AMERICA INC (WTR) has a support level at 47.67 and a resistance level at 51.95. Check the full technical report for our detailed analysis of WTR support and resistance levels.