WATTS WATER TECHNOLOGIES-A (WTS) Stock Technical Analysis
USA - NYSE:WTS - US9427491025 - Common Stock
279.44 USD
-0.54 (-0.19%)
279.44 USD
0 (0%)
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.
The long and short term trends are both positive. This is looking good!
Looking at the yearly performance, WTS did better than 82% of all other stocks. We also observe that the gains produced by WTS over the past year are nicely spread over this period.
WTS is one of the better performing stocks in the Machinery industry, it outperforms 77% of 129 stocks in the same industry.
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.
In the last month WTS has a been trading in a tight range between 273.39 and 287.89.
WTS has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. A pullback is taking place, which may present a nice opportunity for an entry.
More info and screens
192.04
288.73
When analyzing the support we can see 3 important areas.
- Support @260.09 from a trend line in the daily time frame.
- Support @238.83 from a horizontal line in the daily time frame.
- Support @193.98 from a trend line in the weekly time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 279.97 to 285.87. This zone is formed by a combination of multiple trend lines and important moving averages 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 WTS is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for WTS is up. |
| ChartMill Relative Strength | 82.89 | POSITIVE | WTS has a high relative strength, it outperformed 82.89% 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 | 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) | 53.43 | NEUTRAL | The RSI value for WTS is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.77 | NEGATIVE | The MACD value suggests WTS has a negative trend. |
| Stochastics (14,3) | 60.85 | NEUTRAL | The Stochastics value for WTS is a neutral value. |
| Average True Range in percent/ATR (20) | 1.94 | LOW VOLATILITY | The low ATR as a percentage value for WTS suggests low volalility. |
| Average Directional Index/ADX (14) | 18.27 | NEGATIVE | The low ADX value for WTS 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)
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 |
|---|---|---|---|
| 285.88 | 275.25 | 10.63 (3.72%) | 25.00% |
| An entry @285.88. This is a Buy Stop order right above the resistance zone. | An exit @275.25. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 10.63 points, which is 3.72%. | For a 0.93% total portfolio risk, you can invest 25.00% of your capital in this trade. |
- 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.
279.44
-0.54 (-0.19%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryMachinery
Performance
% Chg-0.19%
1 Week-0.65%
2 Weeks-1.32%
1 Month-0.21%
3 Month13.84%
6 Month37.26%
12 Month34.92%
2 Year62.01%
3 Year122.68%
5 Year179.56%
10 Year430.06%
15 Year722.26%
Volatility
ATR(14)5.62
ATR(20)%1.94%
ATR Inc-23.03%
Range Today5.3
ADR(20)5.32
ADR(20)%1.91%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS82.89
Mansfield1.06
10 Day High287.89
10 Day Low275.26
20 Day High287.89
20 Day Low273.39
52 Week High287.89
52 Week Low177.59
CS1 End260.09
CR1 Start280.75
Volume & EV
DER(3)0.52%
DER(5)1.05%
Volume116.75K
Volume Incr36.93%
Vol(5)227.72K
Vol(50)210.50K