ZURN ELKAY WATER SOLUTIONS C (ZWS) Technical Analysis
NYSE:ZWS • US98983L1089
Current stock price
ZWS Technical Rating and Analysis
Taking everything into account, ZWS scores 3 out of 10 in our technical rating. Although ZWS is scoring some points because its good overall performance in the market in the past year, recent evolutions are not that positive. Both the medium and short term picture give negative signs.
- The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
- Looking at the yearly performance, ZWS did better than 78% of all other stocks. On top of that, ZWS also shows a nice and consistent pattern of rising prices.
- ZWS is part of the Building Products industry. There are 42 other stocks in this industry. ZWS outperforms 90% of them.
- ZWS has an average volume of 1015290 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- ZWS is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so ZWS is lagging the market slightly.
- In the last month ZWS has a been trading in the 43.06 - 48.10 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
ZWS Weekly and Daily overview Charts
ZWS Setup Rating and Analysis
ZWS has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 45.03. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 44.85, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for ZWS in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
ZWS Support and Resistance Analysis
28.79
We found 3 important support areas.
- A support zone ranging from 43.69 to 44.85. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @29.71 from a horizontal line in the weekly time frame.
- Support @29.08 from a horizontal line in the weekly time frame.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 45.03 to 46.81. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 47.89 to 48.00. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
ZWS Technical Indicator Signal Analysis
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 ZWS is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for ZWS is down. |
| ChartMill Relative Strength | 78.84 | POSITIVE | ZWS has a high relative strength, it outperformed 78.84% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of ZWS is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of ZWS is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | MIXED | The current price of ZWS is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 41.97 | NEUTRAL | The RSI value for ZWS is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.09 | POSITIVE | The MACD value suggests ZWS has a positive trend. |
| Stochastics (14,3) | 55.62 | NEUTRAL | The Stochastics value for ZWS is a neutral value. |
| Average True Range in percent/ATR (20) | 3.02 | MEDIUM VOLATILITY | The ATR as a percentage value for ZWS suggests some volalility. |
| Average Directional Index/ADX (14) | 33.49 | POSITIVE | The high ADX value value for ZWS suggests a strong trend. |
ZWS Chart- and CandleStick Pattern Analysis
ZWS Technicals: Chart, Performance Metrics, Trend & Indicators
45.02
-0.08 (-0.18%)
ZURN ELKAY WATER SOLUTIONS C / ZWS TA FAQ
What is the technical rating for ZWS stock?
ChartMill assigns a technical rating of 3 / 10 to ZWS.
What is the trend direction for ZWS stock?
The current trend direction for ZURN ELKAY WATER SOLUTIONS C (ZWS) is Bearish.
What is the RSI signal for ZWS stock?
ZURN ELKAY WATER SOLUTIONS C (ZWS) has an RSI value of 41.974. This indicates that the stock is currently neutral.
What is the short term momentum for ZWS stock?
The short term momentum for ZURN ELKAY WATER SOLUTIONS C (ZWS) is negative.
Can you provide the support and resistance levels for ZURN ELKAY WATER SOLUTIONS C?
ZURN ELKAY WATER SOLUTIONS C (ZWS) has a support level at 44.85 and a resistance level at 45.03. Check the full technical report for our detailed analysis of ZWS support and resistance levels.