SELECT WATER SOLUTIONS INC (WTTR) Stock Technical Analysis
USA - NYSE:WTTR - US81617J3014 - Common Stock
10.59 USD
-0.26 (-2.4%)
10.59 USD
0 (0%)
Overall WTTR gets a technical rating of 8 out of 10. This is due to a decent performance in both the short and medium term time frames. Compared to the overall market, WTTR is only an average performer.
The long and short term trends are both positive. This is looking good!
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 1151830 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
When compared to the yearly performance of all other stocks, WTTR outperforms 42% of them, which is more or less in line with the market.
WTTR is part of the Energy Equipment & Services industry. There are 61 other stocks in this industry, WTTR did better than 55% of them.
WTTR is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so WTTR is lagging the market.
WTTR 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
7.91
11.17
3 important support areas can be observed.
- A support zone ranging from 10.58 to 10.58. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @8.23 from a trend line in the daily time frame.
- A support zone ranging from 7.99 to 8.07. This zone is formed by a combination of multiple trend lines in the weekly time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 10.76 to 11.06. 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 WTTR is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for WTTR is up. |
| ChartMill Relative Strength | 42.26 | NEUTRAL | WTTR is not amongst the best or worst performers 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) | DOWN | MIXED | The current price of WTTR is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 62.5 | NEUTRAL | The RSI value for WTTR is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | POSITIVE | The MACD value suggests WTTR has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 76.55 | NEUTRAL | The Stochastics value for WTTR is a neutral value. |
| Average True Range in percent/ATR (20) | 3.74 | MEDIUM VOLATILITY | The ATR as a percentage value for WTTR suggests some volalility. |
| Average Directional Index/ADX (14) | 35.79 | POSITIVE | The high ADX value value for WTTR suggests a strong 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)
10.59
-0.26 (-2.4%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorEnergy
GICS IndustryEnergy Equipment & Services
Performance
% Chg-2.4%
1 Week-0.94%
2 Weeks-0.19%
1 Month25.92%
3 Month9.97%
6 Month31.23%
12 Month-8.15%
2 Year42.34%
3 Year9.74%
5 Year250.66%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.41
ATR(20)%3.74%
ATR Inc-3%
Range Today0.49
ADR(20)0.38
ADR(20)%3.58%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS42.26
Mansfield-1.08
10 Day High11.17
10 Day Low10.4
20 Day High11.17
20 Day Low8.41
52 Week High15.14
52 Week Low7.2
CS1 End10.58
CR1 Start10.76
Volume & EV
DER(3)-2.32%
DER(5)-2.08%
Volume1.05M
Volume Incr-4.78%
Vol(5)1.24M
Vol(50)1.15M