YORK WATER CO (YORW) Stock Technical Analysis
USA - NASDAQ:YORW - US9871841089 - Common Stock
Taking everything into account, YORW scores 4 out of 10 in our technical rating. Recently some decent action could be observed, but in the medium term time frame this is still negative. YORW was also a bad performer in the overall market in the last year.
Although the technical rating is only medium, YORW does present a nice setup opportunity. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 32.34. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 32.05, a Stop Loss order could be placed below this zone. Very recently a Pocket Pivot signal was observed. This is another positive sign.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
29.65
When analyzing the support we can see 2 important areas.
- A support zone ranging from 31.04 to 32.05. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 29.95 to 30.20. 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 32.34 to 32.68. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @33.46 from a horizontal line in the daily time frame.
- Resistance @35.63 from a horizontal line in the weekly 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 YORW is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for YORW is up. |
| ChartMill Relative Strength | 28.46 | NEGATIVE | YORW has a low relative strength, it was outperformed by 71.54% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of YORW is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of YORW is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | MIXED | The current price of YORW is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 55.73 | NEUTRAL | The RSI value for YORW is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.03 | POSITIVE | The MACD value suggests YORW has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 72.71 | NEUTRAL | The Stochastics value for YORW is a neutral value. |
| Average True Range in percent/ATR (20) | 2.67 | MEDIUM VOLATILITY | The ATR as a percentage value for YORW suggests some volalility. |
| Average Directional Index/ADX (14) | 21.32 | NEUTRAL | The ADX value for YORW suggests a possible start of a new trend. |
32.07
-0.38 (-1.17%)
YORK WATER CO / YORW FAQ
Can you provide the ChartMill technical rating for YORK WATER CO?
ChartMill assigns a technical rating of 4 / 10 to YORW.
What is the trend direction for YORW stock?
The current trend direction for YORK WATER CO (YORW) is Bearish.
Can you provide the RSI signal for YORK WATER CO?
YORK WATER CO (YORW) has an RSI value of 55.7297. This indicates that the stock is currently neutral.
Can you provide the support and resistance levels for YORK WATER CO?
YORK WATER CO (YORW) has a support level at 32.05 and a resistance level at 32.34. Check the full technical report for our detailed analysis of YORW support and resistance levels.