RSI low/high Values: [ 25 - 75 ]
* StockInvest.us uses dynamically calculated RSI max/min levels to determine when stock is oversold or overbought based on historical behavior.
AI Analysis of CWT
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Red day on Thursday for California Water Service Group Holding
(Updated on Mar 28, 2024)

Hold candidate since Mar 27, 2024 Loss -0.41% PDF

The California Water Service Group Holding stock price fell by -0.407% on the last day (Thursday, 28th Mar 2024) from $46.67 to $46.48. During the last trading day the stock fluctuated 1.40% from a day low at $46.43 to a day high of $47.08. The price has fallen in 6 of the last 10 days and is down by -0.3% for this period. Volume has increased on the last day by 83 thousand shares but on falling prices. This may be an early warning and the risk will be increased slightly over the next couple of days. In total, 256 thousand shares were bought and sold for approximately $11.90 million.

The stock lies in the middle of a wide and falling trend in the short term and further fall within the trend is signaled. Given the current short-term trend, the stock is expected to fall -6.33% during the next 3 months and, with a 90% probability hold a price between $40.37 and $45.57 at the end of this 3-month period. Do note, that if the stock price manages to stay at current levels or higher, our prediction target will start to change positively over the next few days as the conditions for the current predictions will be broken.

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CWT Signals & Forecast

The California Water Service Group Holding stock holds buy signals from both short and long-term Moving Averages giving a positive forecast for the stock, but the stock has a general sell signal from the relation between the two signals where the long-term average is above the short-term average. On corrections down, there will be some support from the lines at $46.22 and $46.41. A breakdown below any of these levels will issue sell signals. A buy signal was issued from a pivot bottom point on Monday, February 05, 2024, and so far it has risen 3.08%. Further rise is indicated until a new top pivot has been found. Furthermore, there is a buy signal from the 3 month Moving Average Convergence Divergence (MACD). Some negative signals were issued as well, and these may have some influence on the near short-term development. Volume rose on falling prices yesterday. This may be an early warning and the stock should be followed more closely.

Support, Risk & Stop-loss for California Water Service Group Holding stock

California Water Service Group Holding finds support from accumulated volume at $46.17 and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested.

In general the stock tends to have very controlled movements and with good liquidity the risk is considered very low in this stock. During the last day, the stock moved $0.650 between high and low, or 1.40%. For the last week the stock has had daily average volatility of 2.33%.

Our recommended stop-loss: $44.65 (-3.93%) (This stock has low daily movements and this gives low risk. There is a buy signal from a pivot bottom found 37 days ago.)

Trading Expectations (CWT) For The Upcoming Trading Day Of Monday 1st

For the upcoming trading day on Monday, 1st we expect California Water Service Group Holding to open at $46.66, and during the day (based on 14 day Average True Range), to move between $45.38 and $47.58, which gives a possible trading interval of +/-$1.10 (+/-2.36%) up or down from last closing price. If California Water Service Group Holding takes out the full calculated possible swing range there will be an estimated 4.72% move between the lowest and the highest trading price during the day.

Since the stock is closer to the resistance from accumulated volume at $46.62 (0.30%) than the support at $46.17 (0.67%), our systems don't find the trading risk/reward intra-day attractive and any bets should be held until the stock is closer to the support level.

Is California Water Service Group Holding stock A Buy?

California Water Service Group Holding holds several positive signals, but we still don't find these to be enough for a buy candidate. At the current level, it should be considered as a hold candidate (hold or accumulate) in this position whilst awaiting further development.

Current score: 0.224 Hold/Accumulate Unchanged

Predicted Opening Price for California Water Service Group Holding of Monday, April 1, 2024

Fair opening price April 1, 2024 Current price
$46.66 ( 0.394%) $46.48

The predicted opening price is based on yesterday's movements between high, low, and closing price.

Trading levels for CWT

Fibonacci Support & Resistance Levels

Level Price
Resistance R3 47.31 1.79 %
R2 47.07 1.26 %
R1 46.91 0.93 %
Current price: 46.48
Support S1 46.42 -0.140 %
S2 46.26 -0.470 %
S3 46.01 -1.00 %

Accumulated Volume Support & Resistance Levels

Level Price
Resistance R3 47.58 2.37 %
R2 47.30 1.76 %
R1 46.62 0.301 %
Current price 46.48
Support S1 46.17 -0.667%
S2 45.92 -1.20%
S3 45.60 -1.89%

CWT Dividend Payout History


# Declaration Date Ex-Date Pay Date Amount Yield
1 Jan 25, 2024 Feb 09, 2024 Feb 23, 2024 $0.260 0.564%
2 Oct 25, 2023 Nov 03, 2023 Nov 17, 2023 $0.260 0.505%
3 Jul 26, 2023 Aug 04, 2023 Aug 18, 2023 $0.260 0.503%
4 Apr 26, 2023 May 05, 2023 May 19, 2023 $0.260 0.476%
5 Jan 25, 2023 Feb 03, 2023 May 19, 2023 $0.260 0.476%

FAQ

What is the symbol for California Water Service Group Holding Stock and on which exchange is it traded?
The symbol for California Water Service Group Holding is CWT and it is traded on the NYSE (New York Stock Exchange).

Should I buy or sell California Water Service Group Holding Stock?
California Water Service Group Holding holds several positive signals, but we still don't find these to be enough for a buy candidate. At the current level, it should be considered as a hold candidate (hold or accumulate) in this position whilst awaiting further development.

How to buy California Water Service Group Holding Stock?
California Water Service Group Holding Stock can be purchased through just about any brokerage firm, including online brokerage services.
Click here for our free guide on how to buy California Water Service Group Holding Stock.

What's the current price of California Water Service Group Holding Stock?
As of the end of day on the 2024-03-28, the price of an California Water Service Group Holding (CWT) share was $46.48.

What is the 52-week high and low for California Water Service Group Holding Stock?
The 52-week high for California Water Service Group Holding Stock is $61.59 and the 52-week low is $44.84.

What is the market capitalization of California Water Service Group Holding Stock?
As of the 2024-03-28, the market capitalization of California Water Service Group Holding is 2.681B.

When is the next earnings date for California Water Service Group Holding?
The upcoming earnings date for California Water Service Group Holding is Apr 25, 2024.
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About California Water Service Group Holding

California Water  Service Group Holding California Water Service Group, through its subsidiaries, provides water utility and other related services in California, Washington, New Mexico, Hawaii, and Texas. The company is involved in the production, purchase, storage, treatment, testing, distribution, and sale of water for domestic, industrial, public, and irrigation uses, as well as for fire protection. It offers its services to approximately 494,500 customer connections in 100 Califor... CWT Profile

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