SELECT WATER SOLUTIONS INC (WTTR) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:WTTR - US81617J3014 - Common Stock
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.
Although WTTR has an excellent technical rating, it does not present a decent entry opportunity at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
7.96
We found 5 important support areas.
- Support @10.11 from a trend line in the weekly time frame.
- A support zone ranging from 9.71 to 9.73. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @9.39 from a horizontal line in the daily time frame.
- Support @8.64 from a trend line in the daily time frame.
- A support zone ranging from 8.04 to 8.08. This zone is formed by a combination of multiple trend lines in multiple time frames.
2 important resistance areas can be observed.
- Resistance @11.37 from a trend line in the weekly time frame.
- A resistance zone ranging from 11.82 to 11.90. This zone is formed by a combination of multiple trend lines 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 | 40.72 | 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) | 51.52 | NEUTRAL | The RSI value for WTTR is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.11 | POSITIVE | The MACD value suggests WTTR has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 77.09 | NEUTRAL | The Stochastics value for WTTR is a neutral value. |
| Average True Range in percent/ATR (20) | 4.07 | MEDIUM VOLATILITY | The ATR as a percentage value for WTTR suggests some volalility. |
| Average Directional Index/ADX (14) | 23.35 | NEUTRAL | The ADX value for WTTR suggests a possible start of a new trend. |
10.85
-0.52 (-4.57%)
SELECT WATER SOLUTIONS INC / WTTR FAQ
Can you provide the ChartMill technical rating for SELECT WATER SOLUTIONS INC?
ChartMill assigns a technical rating of 8 / 10 to WTTR.
Can you provide the trend direction for SELECT WATER SOLUTIONS INC?
The current trend direction for SELECT WATER SOLUTIONS INC (WTTR) is Bullish.
What is the RSI signal for SELECT WATER SOLUTIONS INC (WTTR) stock?
SELECT WATER SOLUTIONS INC (WTTR) has an RSI value of 51.5248. This indicates that the stock is currently neutral.
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.
Can you provide the support and resistance levels for SELECT WATER SOLUTIONS INC?
SELECT WATER SOLUTIONS INC (WTTR) has a support level at 10.11 and a resistance level at 11.37. Check the full technical report for our detailed analysis of WTTR support and resistance levels.