WATTS WATER TECHNOLOGIES-A (WTS)

US9427491025 - Common Stock

210.8  +4.24 (+2.05%)

Premarket: 214.81 +4.01 (+1.9%)

Technical Rating and Analysis

8

We assign a technical rating of 8 out of 10 to WTS. This is due to a decent performance in both the short and medium term time frames. Compared to the overall market, WTS is only an average performer.

Both the short term and long term trends are positive. This is a very positive sign.
WTS 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 WTS is lagging the market slightly.
WTS is currently showing a bull flag pattern! A bull flag pattern occurs when prices pull back slightly after a strong rise up. This may be a nice opportunity for an entry.
When compared to the yearly performance of all other stocks, WTS outperforms 56% of them, which is more or less in line with the market.
WTS is part of the Machinery industry. There are 131 other stocks in this industry, WTS did better than 44% of them.

More info and screens

Weekly and Daily overview Charts
WTS Weekly chart
WTS Daily chart
Setup Rating and Analysis

7

WTS has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. A pullback is taking place, which may present a nice opportunity for an entry. There is a resistance zone just above the current price starting at 212.55. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 209.99, a Stop Loss order could be placed below this zone.

More info and screens

Support and Resistance Analysis

183.52

220.19

3 important support areas can be observed.

  • A support zone ranging from 202.99 to 209.99. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • A support zone ranging from 189.06 to 196.40. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • Support @185.37 from a trend line in the weekly time frame.

We found 1 important resistance area.

  • A resistance zone ranging from 212.55 to 218.01. This zone is formed by a combination of multiple trend lines in multiple time frames.

More info

Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS56.58
Mansfield-0.67
10 Day High213.66
10 Day Low204.52
20 Day High215.79
20 Day Low189.05
52 Week High219.52
52 Week Low175.37
Performance
1 Week-0.55%
2 Weeks1.72%
1 Month5.99%
3 Month10.33%
6 Month1.1%
12 Month7.5%
2 Year33.04%
3 Year11.71%
5 Year117.41%
10 Year248.66%
15 Year587.77%

More info

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)

More info

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)0.39
RSI(14)57.4
LBB198.65
UBB217.27

More info

Example Setup

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.

ENTRYEXITDISTANCECAPITAL
218.02204.5113.51 (6.20%)16.14%
An entry @218.02. This is a Buy Stop order right above the resistance zone.An exit @204.51. This is a Stop Loss order right below the 10 day low.The trade has a worst case loss of 13.51 points, which is 6.20%.For a 1.00% total portfolio risk, you can invest 16.14% 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.

More info and screens

WTS Daily chart

WATTS WATER TECHNOLOGIES-A

NYSE:WTS (11/21/2024, 8:04:00 PM)

Premarket: 214.81 +4.01 (+1.9%)

210.8

+4.24 (+2.05%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryMachinery
Performance
% Chg2.05%
1 Week-0.55%
2 Weeks1.72%
1 Month5.99%
3 Month10.33%
6 Month1.1%
12 Month7.5%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)5.34
ATR(20)%2.46%
ATR Inc
Range Today4.6
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 High213.66
10 Day Low204.52
20 Day High215.79
20 Day Low189.05
52 Week High219.52
52 Week Low175.37
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume105.30K
Volume Incr3.1%
Vol(5)135.88K
Vol(50)133.17K