ESSENTIAL UTILITIES INC (WTRG) Stock Technical Analysis
NYSE:WTRG - New York Stock Exchange, Inc. - US29670G1022 - Common Stock - Currency: USD
We assign a technical rating of 0 out of 10 to WTRG. WTRG's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
When comparing the yearly performance of all stocks, WTRG is a bad performer in the overall market: 82% of all stocks are doing better.
WTRG is part of the Water Utilities industry. There are 14 other stocks in this industry, of which 61% are performing better than WTRG.
WTRG has an average volume of 1699780 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
WTRG is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so WTRG is lagging the market.
In the last month WTRG has a been trading in a tight range between 36.57 and 38.73.
WTRG has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately.
More info and screens
32.59
41.92
We found 2 important support areas.
- Support @34.36 from a horizontal line in the weekly time frame.
- Support @32.92 from a horizontal line in the weekly time frame.
We can see 3 important resistance areas.
- A resistance zone ranging from 36.96 to 38.68. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 40.35 to 40.55. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 41.49 to 41.50. 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 | DOWN | NEGATIVE | The long term trend for WTRG is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for WTRG is down. |
| ChartMill Relative Strength | 18.98 | NEGATIVE | WTRG has a low relative strength, it was outperformed by 81.02% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of WTRG is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of WTRG is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of WTRG is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 39.89 | NEUTRAL | The RSI value for WTRG is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | NEGATIVE | The MACD value suggests WTRG has a negative trend. |
| Stochastics (14,3) | 28.83 | NEUTRAL | The Stochastics value for WTRG is a neutral value. |
| Average True Range in percent/ATR (20) | 1.89 | LOW VOLATILITY | The low ATR as a percentage value for WTRG suggests low volalility. |
| Average Directional Index/ADX (14) | 22.26 | NEUTRAL | The ADX value for WTRG suggests a possible start of a new 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)
36.78
-0.33 (-0.89%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorUtilities
GICS IndustryWater Utilities
Performance
% Chg-0.89%
1 Week-0.51%
2 Weeks-1.63%
1 Month-1.45%
3 Month-7.03%
6 Month1.71%
12 Month-1.89%
2 Year-13.03%
3 Year-29.19%
5 Year-18.9%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.77
ATR(20)%1.89%
ATR Inc-0.15%
Range Today0.71
ADR(20)0.69
ADR(20)%1.87%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS18.98
Mansfield-1.2
10 Day High38.11
10 Day Low36.57
20 Day High38.73
20 Day Low36.57
52 Week High41.78
52 Week Low33.18
CS1 End34.36
CR1 Start36.96
Volume & EV
DER(3)1.64%
DER(5)1.09%
Volume1.74M
Volume Incr3.35%
Vol(5)2.04M
Vol(50)1.70M