SELECT WATER SOLUTIONS INC (WTTR) Stock Technical Analysis
NYSE:WTTR - New York Stock Exchange, Inc. - US81617J3014 - Common Stock - Currency: USD
Taking everything into account, WTTR scores 1 out of 10 in our technical rating. WTTR scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
When comparing the yearly performance of all stocks, WTTR is a bad performer in the overall market: 86% of all stocks are doing better.
WTTR is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
In the last month WTTR has a been trading in the 8.05 - 9.96 range, which is quite wide. It is currently trading near the lows of this range.
WTTR has an average volume of 1083760 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 44% of 61 stocks in the same industry.
WTTR has a poor technical rating and the quality of the setup is also not perfect 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
7.95
9.84
When analyzing the support we notice one important area.
- A support zone ranging from 8.03 to 8.18. This zone is formed by a combination of multiple trend lines in the weekly time frame.
2 important resistance areas can be observed.
- A resistance zone ranging from 9.01 to 9.36. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 9.69 to 9.74. This zone is formed by a combination of multiple trend lines in the daily 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 | DOWN | NEGATIVE | The long term trend for WTTR is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for WTTR is down. |
| ChartMill Relative Strength | 14.77 | NEGATIVE | WTTR has a low relative strength, it was outperformed by 85.23% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of WTTR is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of WTTR is below the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of WTTR is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 35.05 | NEUTRAL | The RSI value for WTTR is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.15 | NEGATIVE | The MACD value suggests WTTR has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 8.9 | OVERSOLD | The low Stochastics value suggests WTTR may be oversold. |
| Average True Range in percent/ATR (20) | 4.33 | MEDIUM VOLATILITY | The ATR as a percentage value for WTTR suggests some volalility. |
| Average Directional Index/ADX (14) | 27.98 | 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)
8.34
+0.11 (+1.34%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorEnergy
GICS IndustryEnergy Equipment & Services
Performance
% Chg1.34%
1 Week-3.36%
2 Weeks-11.65%
1 Month-9.84%
3 Month-2.23%
6 Month-36.53%
12 Month-23.13%
2 Year3.6%
3 Year17.3%
5 Year74.84%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.37
ATR(20)%4.33%
ATR Inc-38.12%
Range Today0.32
ADR(20)0.35
ADR(20)%4.16%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS14.77
Mansfield-3.03
10 Day High9.71
10 Day Low8.05
20 Day High9.97
20 Day Low8.05
52 Week High15.14
52 Week Low7.2
CS1 End8.18
CR1 Start9.01
Volume & EV
DER(3)4.3%
DER(5)2.72%
Volume1.66M
Volume Incr20.13%
Vol(5)1.25M
Vol(50)1.08M