SELECT WATER SOLUTIONS INC (WTTR) Technical Analysis
NYSE:WTTR • US81617J3014
Current stock price
WTTR Technical Rating and Analysis
We assign a technical rating of 10 out of 10 to WTTR. Both in the recent history as in the last year, WTTR has proven to be a steady performer, scoring decent points in every aspect analyzed.
- The long and short term trends are both positive. This is looking good!
- When comparing the yearly performance of all stocks, we notice that WTTR is one of the better performing stocks in the market, outperforming 92% of all stocks. On top of that, WTTR also shows a nice and consistent pattern of rising prices.
- WTTR 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 WTTR is performing more or less in line with the market.
- WTTR 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.
- WTTR has an average volume of 1655520 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- WTTR is an average performer in the Energy Equipment & Services industry, it outperforms 53% of 61 stocks in the same industry.
WTTR Weekly and Daily overview Charts
WTTR Setup Rating and Analysis
Besides having an excellent technical rating, WTTR also presents a decent setup pattern. Prices have been consolidating lately. A pullback is taking place, which may present a nice opportunity for an entry. There is very little resistance above the current price. Another positive sign is the recent Pocket Pivot signal.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
WTTR Support and Resistance Analysis
11.28
3 important support areas can be observed.
- A support zone ranging from 15.07 to 15.13. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @12.31 from a trend line in the weekly time frame.
- Support @11.39 from a trend line in the daily time frame.
WTTR 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 WTTR is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for WTTR is up. |
| ChartMill Relative Strength | 92.59 | POSITIVE | WTTR has a high relative strength, it outperformed 92.59% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of WTTR is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of WTTR is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of WTTR is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 61.7 | NEUTRAL | The RSI value for WTTR is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.02 | NEGATIVE | The MACD value suggests WTTR has a negative trend. |
| Stochastics (14,3) | 58.41 | NEUTRAL | The Stochastics value for WTTR is a neutral value. |
| Average True Range in percent/ATR (20) | 3.94 | MEDIUM VOLATILITY | The ATR as a percentage value for WTTR suggests some volalility. |
| Average Directional Index/ADX (14) | 24.25 | NEUTRAL | The ADX value for WTTR suggests a possible start of a new trend. |
WTTR Chart- and CandleStick Pattern Analysis
WTTR 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 |
|---|---|---|---|
| 16.01 | 15.06 | 0.95 (5.93%) | 16.85% |
| An entry @16.01. This is a Buy Stop order right above the 10 day high. | An exit @15.06. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 0.95 points, which is 5.93%. | When investing 16.85% 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.
WTTR Technicals: Chart, Performance Metrics, Trend & Indicators
15.14
-0.04 (-0.26%)
SELECT WATER SOLUTIONS INC / WTTR TA FAQ
Can you provide the ChartMill technical rating for SELECT WATER SOLUTIONS INC?
ChartMill assigns a technical rating of 10 / 10 to WTTR.
What is the trend direction for WTTR stock?
The current trend direction for SELECT WATER SOLUTIONS INC (WTTR) is Bullish.
Can you provide the RSI signal for SELECT WATER SOLUTIONS INC?
SELECT WATER SOLUTIONS INC (WTTR) has an RSI value of 61.6953. This indicates that the stock is currently neutral.
What is the short term momentum for WTTR stock?
The short term momentum for SELECT WATER SOLUTIONS INC (WTTR) is positive.
What is the buy/sell signal for WTTR stock?
The buy/sell signal for SELECT WATER SOLUTIONS INC (WTTR) is buy as both the short term and long term trends are positive.