WATTS WATER TECHNOLOGIES-A (WTS) Stock Technical Analysis
NYSE:WTS • US9427491025
Taking everything into account, WTS scores 10 out of 10 in our technical rating. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, WTS is showing a nice and steady performance.
- Both the short term and long term trends are positive. This is a very positive sign.
- When comparing the yearly performance of all stocks, we notice that WTS is one of the better performing stocks in the market, outperforming 87% of all stocks. We also observe that the gains produced by WTS over the past year are nicely spread over this period.
- WTS is part of the Machinery industry. There are 130 other stocks in this industry. WTS outperforms 79% of them.
- WTS is currently trading near its 52 week high, which is a good sign. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
- WTS is currently showing a bull flag pattern! A bull flag pattern occurs when prices pull back slightly after a strong rise up. This may be a nice opportunity for an entry.
Besides having an excellent technical rating, WTS also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is very little resistance above the current price. There is a support zone below the current price at 326.68, a Stop Loss order could be placed below this zone.
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196.60
6 important support areas can be observed.
- A support zone ranging from 324.00 to 326.68. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 311.12 to 315.86. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 280.22 to 282.91. 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.
- Support @267.32 from a horizontal line in the daily time frame.
- Support @198.59 from a trend line in the weekly 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 | UP | POSITIVE | The long term trend for WTS is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for WTS is up. |
| ChartMill Relative Strength | 87.95 | POSITIVE | WTS has a high relative strength, it outperformed 87.95% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of WTS is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of WTS is above 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) | 66.91 | NEUTRAL | The RSI value for WTS is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.19 | POSITIVE | The MACD value suggests WTS has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 59.91 | NEUTRAL | The Stochastics value for WTS is a neutral value. |
| Average True Range in percent/ATR (20) | 2.8 | MEDIUM VOLATILITY | The ATR as a percentage value for WTS suggests some volalility. |
| Average Directional Index/ADX (14) | 26.53 | POSITIVE | The high ADX value value for WTS suggests a strong trend. |
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 |
|---|---|---|---|
| 345.18 | 323.99 | 21.19 (6.14%) | 16.29% |
| An entry @345.18. This is a Buy Stop order right above the 10 day high. | An exit @323.99. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 21.19 points, which is 6.14%. | When investing 16.29% of your capital in this trade, your total portfolio risk will be 1.00%. |
- 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.
330.77
+6.76 (+2.09%)
WATTS WATER TECHNOLOGIES-A / WTS FAQ
Can you provide the ChartMill technical rating for WATTS WATER TECHNOLOGIES-A?
ChartMill assigns a technical rating of 10 / 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 66.9085. 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 0.185795, 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 326.68. Check the full technical report for our detailed analysis of WTS support and resistance levels.