WATTS WATER TECHNOLOGIES-A (WTS) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:WTS - US9427491025 - Common Stock
Taking everything into account, WTS scores 10 out of 10 in our technical rating. Both in the recent history as in the last year, WTS has proven to be a steady performer, scoring decent points in every aspect analyzed.
Besides having an excellent technical rating, WTS also presents a decent setup pattern. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 282.35. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 276.95, 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.
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194.27
2 important support areas can be observed.
- A support zone ranging from 263.54 to 276.95. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @196.23 from a trend line in the weekly time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 282.35 to 285.87. 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 WTS is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for WTS is up. |
| ChartMill Relative Strength | 82.97 | POSITIVE | WTS has a high relative strength, it outperformed 82.97% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of WTS is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of WTS is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of WTS is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 56.08 | NEUTRAL | The RSI value for WTS is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.82 | POSITIVE | The MACD value suggests WTS has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 72.68 | NEUTRAL | The Stochastics value for WTS is a neutral value. |
| Average True Range in percent/ATR (20) | 2.13 | MEDIUM VOLATILITY | The ATR as a percentage value for WTS suggests some volalility. |
| Average Directional Index/ADX (14) | 9.9 | NEGATIVE | The low ADX value for WTS suggests a weak or negative trend. |
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 |
|---|---|---|---|
| 285.88 | 266.49 | 19.39 (6.78%) | 14.74% |
| An entry @285.88. This is a Buy Stop order right above the resistance zone. | An exit @266.49. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 19.39 points, which is 6.78%. | For a 1.00% total portfolio risk, you can invest 14.74% of your capital in this trade. |
- 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.
279.85
-1.21 (-0.43%)
WATTS WATER TECHNOLOGIES-A / WTS FAQ
Can you provide the ChartMill technical rating for WATTS WATER TECHNOLOGIES-A?
ChartMill assigns a technical rating of 10 / 10 to WTS.
Can you provide the trend direction for WATTS WATER TECHNOLOGIES-A?
The current trend direction for WATTS WATER TECHNOLOGIES-A (WTS) is Bullish.
What is the RSI signal for WATTS WATER TECHNOLOGIES-A (WTS) stock?
WATTS WATER TECHNOLOGIES-A (WTS) has an RSI value of 56.0839. This indicates that the stock is currently neutral.
What is the MACD signal for WTS stock?
The MACD indicator for WATTS WATER TECHNOLOGIES-A (WTS) has a value of 0.822422, indicating a bearish trend.
What is the support and resistance level for WTS stock?
WATTS WATER TECHNOLOGIES-A (WTS) has a support level at 276.95 and a resistance level at 282.35. Check the full technical report for our detailed analysis of WTS support and resistance levels.