ZURN ELKAY WATER SOLUTIONS C (ZWS) Stock Technical Analysis
NYSE:ZWS - US98983L1089 - Common Stock
45.83 USD
-0.34 (-0.74%)
45.83 USD
0 (0%)
Overall ZWS gets a technical rating of 10 out of 10. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, ZWS is showing a nice and steady performance.
The long and short term trends are both positive. This is looking good!
When comparing the yearly performance of all stocks, we notice that ZWS is one of the better performing stocks in the market, outperforming 88% of all stocks. We also observe that the gains produced by ZWS over the past year are nicely spread over this period.
ZWS is part of the Building Products industry. There are 41 other stocks in this industry. ZWS outperforms 92% of them.
ZWS is currently trading near its 52 week high, which is a good sign. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
In the last month ZWS has a been trading in the 37.90 - 46.37 range, which is quite wide. It is currently trading near the high of this range.
ZWS has an average volume of 1058450 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Although ZWS 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
28.79
46.64
When analyzing the support we can see 7 important areas.
- A support zone ranging from 44.41 to 44.48. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 39.94 to 39.99. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Support @38.32 from a trend line in the daily time frame.
- Support @35.53 from a horizontal line in the daily time frame.
- Support @30.40 from a trend line in the weekly time frame.
- 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 one important area.
- A resistance zone ranging from 46.18 to 46.18. 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 ZWS is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for ZWS is up. |
| ChartMill Relative Strength | 88.19 | POSITIVE | ZWS has a high relative strength, it outperformed 88.19% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of ZWS is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of ZWS is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of ZWS is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 66.87 | NEUTRAL | The RSI value for ZWS is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.14 | NEGATIVE | The MACD value suggests ZWS has a negative trend. |
| Stochastics (14,3) | 69.53 | NEUTRAL | The Stochastics value for ZWS is a neutral value. |
| Average True Range in percent/ATR (20) | 2.72 | MEDIUM VOLATILITY | The ATR as a percentage value for ZWS suggests some volalility. |
| Average Directional Index/ADX (14) | 50.52 | POSITIVE | The high ADX value value for ZWS 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)
45.83
-0.34 (-0.74%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryBuilding Products
Performance
% Chg-0.74%
1 Week1.73%
2 Weeks3.29%
1 Month19.29%
3 Month26.64%
6 Month29.35%
12 Month41.32%
2 Year54.73%
3 Year66.17%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.86
ATR(20)%2.72%
ATR Inc41.57%
Range Today0.46
ADR(20)1.07
ADR(20)%2.34%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS88.19
Mansfield1.41
10 Day High46.37
10 Day Low44.4
20 Day High46.37
20 Day Low37.9
52 Week High46.37
52 Week Low27.74
CS1 End44.48
CR1 Start46.18
Volume & EV
DER(3)0.68%
DER(5)0.64%
Volume672.90K
Volume Incr-41.77%
Vol(5)808.20K
Vol(50)1.06M