Consolidated Water Co. Ltd. stock price ended on $11.24 on Friday after losing 1.49%
(Updated on Oct 15, 2021)
Sell candidate since 2021-10-12 Loss -3.10% PDF
The Consolidated Water Co. Ltd. stock price fell by -1.49% on the last day (Friday, 15th Oct 2021) from $11.41 to $11.24. and has now fallen 3 days in a row. During the day the stock fluctuated 2.31% from a day low at $11.24 to a day high of $11.50. The price has fallen in 6 of the last 10 days and is down by -2.94% for this period. Volume fell on the last day along with the stock, which is actually a good sign as volume should follow the stock. On the last day, the trading volume fell by -23 thousand shares and in total, 86 thousand shares were bought and sold for approximately $964.64 thousand.
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 -8.70% during the next 3 months and, with a 90% probability hold a price between $9.87 and $10.90 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.
Signals & Forecast
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. The Consolidated Water Co. Ltd. stock holds sell signals from both short and long-term moving averages giving a more negative forecast for the stock. Also, there is a general sell signal from the relation between the two signals where the long-term average is above the short-term average. On corrections up, there will be some resistance from the lines at $11.53 and $11.75. A break-up above any of these levels will issue buy signals. A sell signal was issued from a pivot top point on Friday, October 08, 2021, and so far it has fallen -5.31%. Further fall is indicated until a new bottom pivot has been found. Volume fell along with the price during the last trading day, which is technical positive. One should, however, note that this stock may have low liquidity in periods, which increases the general risk.
Support, Risk & Stop-loss
There is no support from accumulated volume below today's level and given the right condition the stock may perform very badly in the next couple of days.
In general the stock tends to have very controlled movements and therefore the general risk is considered very low. However, be aware of low or falling volume and make sure to keep an eye on the stock During the last day, the stock moved $0.26 between high and low, or 2.31%. For the last week the stock has had a daily average volatility of 2.50%
Our recommended stop-loss: We hold an negative evaluation for this stock. No stop-loss is set.
Is Consolidated Water Co. Ltd. stock A Buy?
Consolidated Water Co. Ltd. holds several negative signals and is within a wide and falling trend, so we believe it will still perform weakly in the next couple of days or weeks. We therefore hold a negative evaluation of this stock.
Current score: -4.771
Predicted Opening Price for Consolidated Water Co. Ltd. of Monday, October 18, 2021
The predicted opening price is based on yesterday's movements between high, low, and the closing price.
|Fair opening price October 18, 2021||Current price|
Remember To Visit Our YouTube Channel
Janney Montgomery Scott does not see either upside or downside right now giving CWCO "Buy - Neutral" on their last update on Jul 07, 2020. The price target was changed from $17.00 to $14.00.
CWCO Insider Trading
|Jul 15, 2021||Buy||444||Redding Todd||Common Stock|
|Jul 15, 2021||Sell||444||Redding Todd||Redeemable Preferred Stock|
|Jun 15, 2021||Sell||2 178||Flowers Clarence B.||Common Stock|
|Apr 22, 2021||Sell||149||Flowers Clarence B.||Common Stock|
|Apr 21, 2021||Sell||2 500||Finlay Richard||Common Stock|
Fibonacci Support & Resistance Levels
Accumulated Volume Support & Resistance Levels
Click to get the best stock tips daily for free!
Golden Star Signal
This unique signal uses moving averages and adds special requirements that convert the very good Golden Cross into a Golden Star.
This signal is rare and, in most cases, gives substantial returns. From 10 000+ stocks usually only a few will trigger a Golden Star Signal per day!
Join 95.000+ Happy SubscribersDon't miss out on the runners!
Top Fintech Company
featured in The Global Fintech Index 2020 as the top Fintech company of the country.