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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Stronger technical forecast for Waters Corporation stock price after Wednesday trading.
(Updated on Mar 27, 2024)

Buy candidate since Mar 27, 2024 PDF

The Waters Corporation stock price gained 2.10% on the last trading day (Wednesday, 27th Mar 2024), rising from $338.10 to $345.19. During the last trading day the stock fluctuated 2.55% from a day low at $337.89 to a day high of $346.49. The price has fallen in 6 of the last 10 days and is down by -1.86% for this period. Volume has increased on the last day along with the price, which is a positive technical sign, and, in total, 77 thousand more shares were traded than the day before. In total, 423 thousand shares were bought and sold for approximately $145.85 million.

The stock lies in the middle of a wide and strong rising trend in the short term and a further rise within the trend is signaled. Given the current short-term trend, the stock is expected to rise 14.17% during the next 3 months and, with a 90% probability hold a price between $381.61 and $424.23 at the end of this 3-month period.

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WAT Signals & Forecast

The Waters Corporation stock holds a sell signal from the short-term Moving Average; at the same time, however, there is a buy signal from the long-term average. Since the short-term average is above the long-term average there is a general buy signal in the stock giving a positive forecast for the stock. On further gains, the stock will meet resistance from the short-term Moving Average at approximately $346.16. On a fall, the stock will find some support from the long-term average at approximately $338.52. A break-up through the short-term average will send a buy signal, whereas a breakdown through the long-term average will send a sell signal. A buy signal was issued from a pivot bottom point on Tuesday, March 26, 2024, and so far it has risen 2.10%. Further rise is indicated until a new top pivot has been found. Volume is rising along with the price. This is considered to be a good technical signal. Some negative signals were issued as well, and these may have some influence on the near short-term development. Furthermore, there is currently a sell signal from the 3 month Moving Average Convergence Divergence (MACD). 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 $330.38 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 $8.61 between high and low, or 2.55%. For the last week the stock has had daily average volatility of 2.45%.

Our recommended stop-loss: $326.33 (-5.46%) (This stock has low daily movements and this gives low risk. There is a buy signal from a pivot bottom found 1 day ago.)

Trading Expectations (WAT) For The Upcoming Trading Day Of Thursday 28th

For the upcoming trading day on Thursday, 28th we expect Waters Corporation to open at $343.19, and during the day (based on 14 day Average True Range), to move between $336.75 and $353.63, which gives a possible trading interval of +/-$8.44 (+/-2.44%) up or down from last closing price. If Waters Corporation takes out the full calculated possible swing range there will be an estimated 4.89% move between the lowest and the highest trading price during the day.

Since the stock is closer to the resistance from accumulated volume at $352.90 (2.23%) than the support at $330.38 (4.29%), 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 Waters Corporation stock A Buy?

Waters Corporation holds several positive signals and is within a strong rising trend. As the old saying says, "Let the trend be your friend.'". We therefore consider it to be a good choice at these current levels and we are expecting further gains during the next 3 months. We have upgraded our analysis conclusion for this stock since the last evaluation from a Sell to a Strong Buy candidate.

Current score: 5.635 Strong Buy Candidate Upgraded

Predicted Opening Price for Waters Corporation of Thursday, March 28, 2024

Fair opening price March 28, 2024 Current price
$343.19 ( 0.580%) $345.19

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
Resistance R3 351.79 1.91 %
R2 348.51 0.96 %
R1 346.48 0.372 %
Current price: 345.19
Support S1 339.90 -1.53 %
S2 337.87 -2.12 %
S3 334.58 -3.07 %

Accumulated Volume Support & Resistance Levels

Level Price
Resistance R3 361.00 4.58 %
R2 355.94 3.11 %
R1 352.90 2.23 %
Current price 345.19
Support S1 330.38 -4.29%
S2 324.85 -5.89%
S3 305.88 -11.39%

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 positive signals and is within a strong rising trend. As the old saying says, "Let the trend be your friend.'". We therefore consider it to be a good choice at these current levels and we are expecting further gains during the next 3 months. We have upgraded our analysis conclusion for this stock since the last evaluation from a Sell to a Strong Buy candidate.

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 2024-03-27, the price of an Waters Corporation (WAT) share was $345.19.

What is the 52-week high and low for Waters Corporation Stock?
The 52-week high for Waters Corporation Stock is $363.79 and the 52-week low is $231.90.

What is the market capitalization of Waters Corporation Stock?
As of the 2024-03-27, the market capitalization of Waters Corporation is 20.016B.

When is the next earnings date for Waters Corporation?
The upcoming earnings date for Waters Corporation is May 14, 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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