ZURN ELKAY WATER SOLUTIONS C (ZWS)
US98983L1089 - Common Stock
We assign a technical rating of 8 out of 10 to ZWS. 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 short term is neutral, but the long term trend is still positive. Not much to worry about for now.
Looking at the yearly performance, ZWS did better than 86% of all other stocks.
ZWS is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so ZWS is lagging the market slightly.
ZWS is an average performer in the Building Products industry, it outperforms 54% of 43 stocks in the same industry.
In the last month ZWS has a been trading in the 31.02 - 33.62 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
ZWS has an excellent technical rating and also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is very little resistance above the current price. There is a support zone below the current price at 32.00, a Stop Loss order could be placed below this zone.
More info and screens
27.65
33.81
We found 2 important support areas.
- A support zone ranging from 30.95 to 32.00. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 27.93 to 27.93. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 2 important resistance areas.
- Resistance @32.52 from a horizontal line in the daily time frame.
- A resistance zone ranging from 33.25 to 33.48. This zone is formed by a combination of multiple trend lines in multiple time frames.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS86.12
Mansfield-0.02
10 Day High32.44
10 Day Low31.08
20 Day High33.62
20 Day Low31.02
52 Week High34.58
52 Week Low21
Performance
1 Week2.4%
2 Weeks1.6%
1 Month0.59%
3 Month0.56%
6 Month12.47%
12 Month54.46%
2 Year12.39%
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
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)
Technical Indicators
MACD(12,26,9)0.06
RSI(14)55.41
LBB31.17
UBB32.74
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 32.53 | 31.07 | 1.46 (4.49%) | 22.28% |
| An entry @32.53. This is a Buy Stop order right above the resistance zone. | An exit @31.07. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 1.46 points, which is 4.49%. | When investing 22.28% of your capital in this trade, your total portfolio risk will be 1.00%. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
ZURN ELKAY WATER SOLUTIONS C
NYSE:ZWS (5/9/2024, 7:04:00 PM)
After market: 32.0199 -0.37 (-1.14%)32.39
+0.27 (+0.84%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryBuilding Products
Performance
% Chg0.84%
1 Week2.4%
2 Weeks1.6%
1 Month0.59%
3 Month0.56%
6 Month12.47%
12 Month54.46%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)0.75
ATR(20)%2.38%
ATR Inc
Range Today0.51
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High32.44
10 Day Low31.08
20 Day High33.62
20 Day Low31.02
52 Week High34.58
52 Week Low21
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume564.60K
Volume Incr-36.65%
Vol(5)627.90K
Vol(50)824.57K