ESSENTIAL UTILITIES INC (WTRG) Stock Technical Analysis
NYSE:WTRG - New York Stock Exchange, Inc. - US29670G1022 - Common Stock - Currency: USD
Taking everything into account, WTRG scores 8 out of 10 in our technical rating. WTRG has been one of the better performers in the overall market. Some doubts were observed in the medium time frame, but recent action was again very positive.
The short term trend is positive, while the long term trend is neutral. So this is evolving in the right direction.
When comparing the yearly performance of all stocks, we notice that WTRG is one of the better performing stocks in the market, outperforming 74% of all stocks. On top of that, WTRG also shows a nice and consistent pattern of rising prices.
WTRG is one of the better performing stocks in the Water Utilities industry, it outperforms 76% of 14 stocks in the same industry.
In the last month WTRG has a been trading in the 34.58 - 39.17 range, which is quite wide. It is currently trading near the high of this range.
WTRG has an average volume of 1544610 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
WTRG 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 WTRG is lagging the market slightly.
Volume is considerably higher in the last couple of days.
Although WTRG has an excellent technical rating, it does not offer a high quality setup at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
32.59
41.92
When analyzing the support we can see 6 important areas.
- Support @38.98 from a trend line in the daily time frame.
- Support @38.01 from a horizontal line in the daily time frame.
- A support zone ranging from 35.75 to 37.09. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @34.36 from a horizontal line in the weekly time frame.
- A support zone ranging from 33.48 to 33.48. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @32.92 from a horizontal line in the weekly time frame.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 39.72 to 39.90. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 41.32 to 41.50. 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
CRS74.88
Mansfield-0.08
10 Day High39.17
10 Day Low34.85
20 Day High39.17
20 Day Low34.58
52 Week High41.78
52 Week Low33.18
Performance
1 Week5.59%
2 Weeks11.08%
1 Month10.2%
3 Month0.41%
6 Month0.62%
12 Month10.3%
2 Year-10.42%
3 Year-23.53%
5 Year-3.93%
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)0.35
RSI(14)72.34
LBB34.3
UBB38.99
39.1
+1.12 (+2.95%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorUtilities
GICS IndustryWater Utilities
Performance
% Chg2.95%
1 Week5.59%
2 Weeks11.08%
1 Month10.2%
3 Month0.41%
6 Month0.62%
12 Month10.3%
2 Year-10.42%
3 Year-23.53%
5 Year-3.93%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.94
ATR(20)%2.16%
ATR Inc28.08%
Range Today1.38
ADR(20)0.82
ADR(20)%2.09%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS74.88
Mansfield-0.08
10 Day High39.17
10 Day Low34.85
20 Day High39.17
20 Day Low34.58
52 Week High41.78
52 Week Low33.18
CS1 End38.98
CR1 Start39.72
Volume & EV
DER(3)1.9%
DER(5)0.45%
Volume2.21M
Volume Incr63.52%
Vol(5)2.29M
Vol(50)1.54M