SELECT WATER SOLUTIONS INC (WTTR) Stock Technical Analysis
USA - NYSE:WTTR - US81617J3014 - Common Stock
Overall WTTR gets a technical rating of 4 out of 10. In the last year, WTTR was a medium performer in the overall market. We are getting mixed signals now in both the short and medium term picture.
WTTR has an average technical rating and it also does not offer a high quality setup at the moment. Prices have been extended to the downside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
7.96
3 important support areas can be observed.
- A support zone ranging from 9.97 to 9.97. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @8.48 from a trend line in the daily time frame.
- A support zone ranging from 8.04 to 8.07. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 3 important resistance areas.
- A resistance zone ranging from 11.04 to 11.29. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Resistance @11.62 from a trend line in the weekly time frame.
- Resistance @11.81 from a trend line 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 | NEUTRAL | NEUTRAL | The long term trend for WTTR is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for WTTR is down. |
| ChartMill Relative Strength | 43.77 | NEUTRAL | WTTR is not amongst the best or worst performers 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 | MIXED | The current price of WTTR is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 35.93 | NEUTRAL | The RSI value for WTTR is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.23 | NEGATIVE | The MACD value suggests WTTR has a negative trend. |
| Stochastics (14,3) | 6.25 | OVERSOLD | The low Stochastics value suggests WTTR may be oversold. |
| Average True Range in percent/ATR (20) | 4.41 | MEDIUM VOLATILITY | The ATR as a percentage value for WTTR suggests some volalility. |
| Average Directional Index/ADX (14) | 27.81 | POSITIVE | The high ADX value value for WTTR suggests a strong trend. |
9.98
-0.12 (-1.19%)
SELECT WATER SOLUTIONS INC / WTTR FAQ
Can you provide the ChartMill technical rating for SELECT WATER SOLUTIONS INC?
ChartMill assigns a technical rating of 4 / 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 Bearish.
What is the RSI signal for SELECT WATER SOLUTIONS INC (WTTR) stock?
SELECT WATER SOLUTIONS INC (WTTR) has an RSI value of 35.9305. This indicates that the stock is currently neutral.
What is the support and resistance level for WTTR stock?
SELECT WATER SOLUTIONS INC (WTTR) has a support level at 9.97 and a resistance level at 11.04. Check the full technical report for our detailed analysis of WTTR support and resistance levels.