WATTS WATER TECHNOLOGIES-A (WTS) Technical Analysis
NYSE:WTS • US9427491025
Current stock price
WTS Technical Rating and Analysis
We assign a technical rating of 7 out of 10 to WTS. This is due to a consistent overall performance, although we see some doubts in the very recent evolution. In the medium time frame things are still looking good.
- In the last month WTS has a been trading in the 295.61 - 333.71 range, which is quite wide. It is currently trading near the lows of this range.
- Looking at the yearly performance, WTS did better than 85% of all other stocks. On top of that, WTS also shows a nice and consistent pattern of rising prices.
- WTS is one of the better performing stocks in the Machinery industry, it outperforms 80% of 131 stocks in the same industry.
- WTS is currently trading in the upper part of its 52 week range. The S&P500 Index is also trading in the upper part of its 52 week range, so WTS is performing more or less in line with the market.
- The long term trend is positive and the short term trend is negative. It is probably better to wait until this picture becomes clearer.
WTS Weekly and Daily overview Charts
WTS Setup Rating and Analysis
WTS has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a support zone below the current price at 285.08, a Stop Loss order could be placed below this zone.
More info and screens
WTS Support and Resistance Analysis
197.31
When analyzing the support we can see 4 important areas.
- A support zone ranging from 282.91 to 285.08. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Support @275.72 from a horizontal line in the daily time frame.
- A support zone ranging from 263.54 to 267.32. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @199.30 from a trend line in the weekly time frame.
We can see 2 important resistance areas.
- A resistance zone ranging from 303.26 to 307.87. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @336.19 from a horizontal line in the daily time frame.
WTS 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 | UP | POSITIVE | The long term trend for WTS is up. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for WTS is down. |
| ChartMill Relative Strength | 85.31 | POSITIVE | WTS has a high relative strength, it outperformed 85.31% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of WTS is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of WTS is below the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of WTS is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 38.71 | NEUTRAL | The RSI value for WTS is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -3.29 | NEGATIVE | The MACD value suggests WTS has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 11.87 | OVERSOLD | The low Stochastics value suggests WTS may be oversold. |
| Average True Range in percent/ATR (20) | 2.92 | MEDIUM VOLATILITY | The ATR as a percentage value for WTS suggests some volalility. |
| Average Directional Index/ADX (14) | 26.32 | POSITIVE | The high ADX value value for WTS suggests a strong trend. |
WTS Chart- and CandleStick Pattern Analysis
WTS Example Setup
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 307.88 | 295.60 | 12.28 (3.99%) | 25.00% |
| An entry @307.88. This is a Buy Stop order right above the resistance zone. | An exit @295.60. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 12.28 points, which is 3.99%. | For a 1.00% total portfolio risk, you can invest 25.00% of your capital in this trade. |
- The distance between exit and entry is rather small compared to the average daily movement of WTS. Please evaluate whether better entry and exit points can be found.
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
WTS Technicals: Chart, Performance Metrics, Trend & Indicators
301.25
+0.46 (+0.15%)
WATTS WATER TECHNOLOGIES-A / WTS TA FAQ
Can you provide the ChartMill technical rating for WATTS WATER TECHNOLOGIES-A?
ChartMill assigns a technical rating of 7 / 10 to WTS.
What is the current trend direction of WATTS WATER TECHNOLOGIES-A (WTS) stock?
The current trend direction for WATTS WATER TECHNOLOGIES-A (WTS) is Bullish.
What is the RSI signal for WATTS WATER TECHNOLOGIES-A (WTS) stock?
WATTS WATER TECHNOLOGIES-A (WTS) has an RSI value of 38.7126. This indicates that the stock is currently neutral.
Can you provide the MACD signal for WATTS WATER TECHNOLOGIES-A?
The MACD indicator for WATTS WATER TECHNOLOGIES-A (WTS) has a value of -3.28581, indicating a bearish trend.
Can you provide the support and resistance levels for WATTS WATER TECHNOLOGIES-A?
WATTS WATER TECHNOLOGIES-A (WTS) has a support level at 285.08 and a resistance level at 303.26. Check the full technical report for our detailed analysis of WTS support and resistance levels.