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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 WAT
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Red day on Friday for Waters Corporation stock after losing 0.193%
(Updated on Jun 14, 2024)

Sell candidate since May 29, 2024 Loss -9.98% PDF

The Waters Corporation stock price fell by -0.193% on the last day (Friday, 14th Jun 2024) from $295.51 to $294.94. During the last trading day the stock fluctuated 2.02% from a day low at $289.71 to a day high of $295.57. The price has fallen in 7 of the last 10 days and is down by -4.52% 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 -120 thousand shares and in total, 235 thousand shares were bought and sold for approximately $69.19 million.

The stock lies in the middle of a very 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 -7.80% during the next 3 months and, with a 90% probability hold a price between $253.85 and $324.42 at the end of this 3-month period.

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WAT Signals & Forecast

There are few to no technical positive signals at the moment. The Waters Corporation 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 $299.43 and $324.46. A break-up above any of these levels will issue buy signals. A sell signal was issued from a pivot top point on Wednesday, May 15, 2024, and so far it has fallen -18.48%. Further fall is indicated until a new bottom pivot has been found. Furthermore, there is currently a sell signal from the 3 month Moving Average Convergence Divergence (MACD). Volume fell together with the price during the last trading day and this reduces the overall risk as volume should follow the price movements. The stock had a Golden Star Signal on Monday, September 18, 2023 in the long-term chart.

Golden Star Signal is when the short-term moving average, the long-term moving average, and price line meet in a special combination. This combination is very rare and often followed by long and strong gains for the stock in question.

Buy
Special Signal Notification

Golden Star 12 Months

The stock had a Golden Star Signal on Monday, September 18, 2023 in the long-term chart.

Golden Star Signal is when the short-term moving average, the long-term moving average, and price line meet in a special combination. This combination is very rare and often followed by long and strong gains for the stock in question.

Support, Risk & Stop-loss for Waters Corporation stock

Waters Corporation finds support from accumulated volume at $294.23 and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested.

This stock may move much during the day (volatility) and with a large prediction interval from the Bollinger Band this stock is considered to be "high risk". During the last day, the stock moved $5.86 between high and low, or 2.02%. For the last week, the stock has had daily average volatility of 1.85%.

Waters Corporation is oversold on RSI14 (9). Some stocks may fall long and hard while being oversold on RSI, but stocks that are heavily oversold on RSI often pose good re-bounce chance and played well it can be a buy candidate.

Our recommended stop-loss: We hold a negative evaluation for this stock. No stop-loss is set.

Trading Expectations (WAT) For The Upcoming Trading Day Of Monday 17th

For the upcoming trading day on Monday, 17th we expect Waters Corporation to open at $293.41, and during the day (based on 14 day Average True Range), to move between $286.94 and $302.94, which gives a possible trading interval of +/-$8.00 (+/-2.71%) up or down from last closing price. If Waters Corporation takes out the full calculated possible swing range there will be an estimated 5.43% move between the lowest and the highest trading price during the day.

Since the stock is closer to the support from accumulated volume at $294.23 (0.24%) than the resistance at $307.62 (4.30%), our systems sees the trading risk/reward intra-day as attractive and believe profit can be made before the stock reaches first resistance..

Is Waters Corporation stock A Buy?

Waters Corporation holds several negative signals and is within a very 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: -3.029 Sell Candidate Unchanged

Predicted Opening Price for Waters Corporation of Monday, June 17, 2024

Fair opening price June 17, 2024 Current price
$293.41 ( 0.520%) $294.94

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

Trading levels for WAT

Fibonacci Support & Resistance Levels

Level Price
R3 299.27 1.47%
R2 297.03 0.708%
R1 295.65 0.239%
Price 294.94
S1 291.17 -1.28%
S2 289.79 -1.75%
S3 287.55 -2.51%

Accumulated Volume Support & Resistance Levels

Level Price
R3 326.06 10.55%
R2 308.90 4.73%
R1 307.62 4.30%
Price 294.94
S1 294.23 -0.241%
S2 0 -
S3 0 -

WAT Dividend Payout History


# Declaration Date Ex-Date Pay Date Amount Yield
1 Nov 26, 1996 Nov 26, 1996 Nov 26, 1996 $0.0400 0.593%

FAQ

What is the symbol for Waters Corporation Stock and on which exchange is it traded?
The symbol for Waters Corporation is WAT and it is traded on the NYSE (New York Stock Exchange).

Should I buy or sell Waters Corporation Stock?
Waters Corporation holds several negative signals and is within a very 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.

How to buy Waters Corporation Stock?
Waters Corporation Stock can be purchased through just about any brokerage firm, including online brokerage services.
Click here for our free guide on how to buy Waters Corporation Stock.

What's the current price of Waters Corporation Stock?
As of the end of day on the Jun 14, 2024, the price of an Waters Corporation (WAT) share was $294.94.

What is the 52-week high and low for Waters Corporation Stock?
The 52-week high for Waters Corporation Stock is $367.21 and the 52-week low is $231.90.

What is the market capitalization of Waters Corporation Stock?
As of the Jun 14, 2024, the market capitalization of Waters Corporation is 17.496B.

When is the next earnings date for Waters Corporation?
The upcoming earnings date for Waters Corporation is Aug 07, 2024.
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About Waters Corporation

Waters Waters Corporation, a specialty measurement company, provides analytical workflow solutions in Asia, the Americas, and Europe. It operates through two segments, Waters and TA. The company designs, manufactures, sells, and services high and ultra-performance liquid chromatography, as well as mass spectrometry (MS) technology systems and support products, including chromatography columns, other consumable products, and post-warranty service plans. ... WAT Profile

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