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 7 out of 10. Although WTTR is a bad performer in the overall market, the technical picture looks good in both the medium and short term time frames.
- 75% of all other stocks performed better in the past year than WTTR.
- WTTR is one of the lesser performing stocks in the Energy Equipment & Services industry. 77% of 62 stocks in the same industry do better.
- The long and short term trends are both positive. This is looking good!
- In the last month WTTR has a been trading in the 10.02 - 12.00 range, which is quite wide. It is currently trading near the high of this range.
- 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.
- Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
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
7.99
5 important support areas can be observed.
- Support @11.64 from a horizontal line in the daily time frame.
- A support zone ranging from 10.75 to 10.91. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 10.48 to 10.49. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @10.19 from a trend line in the daily time frame.
- Support @8.07 from a horizontal line in the weekly time frame.
We found 1 important resistance area.
- 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 | 25.38 | NEGATIVE | WTTR has a low relative strength, it was outperformed by 74.62% 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) | 61.48 | NEUTRAL | The RSI value for WTTR is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.08 | POSITIVE | The MACD value suggests WTTR has a positive trend. |
| Stochastics (14,3) | 73.9 | NEUTRAL | The Stochastics value for WTTR is a neutral value. |
| Average True Range in percent/ATR (20) | 3.6 | MEDIUM VOLATILITY | The ATR as a percentage value for WTTR suggests some volalility. |
| Average Directional Index/ADX (14) | 15.92 | NEGATIVE | The low ADX value for WTTR suggests a weak or negative trend. |
11.65
+0.01 (+0.09%)
SELECT WATER SOLUTIONS INC / WTTR FAQ
Can you provide the ChartMill technical rating for SELECT WATER SOLUTIONS INC?
ChartMill assigns a technical rating of 7 / 10 to WTTR.
What is the trend direction for WTTR stock?
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 61.4758. This indicates that the stock is currently neutral.
Can you provide the buy/sell signal for SELECT WATER SOLUTIONS INC?
The buy/sell signal for SELECT WATER SOLUTIONS INC (WTTR) is buy as both the short term and long term trends are positive.
What is the support and resistance level for WTTR stock?
SELECT WATER SOLUTIONS INC (WTTR) has a support level at 11.64 and a resistance level at 11.82. Check the full technical report for our detailed analysis of WTTR support and resistance levels.