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.
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Red day on Wednesday for Essential Utilities Inc. stock after losing 1.28%
(Updated on Nov 13, 2024)

Buy or Hold candidate since Nov 08, 2024 Loss -2.90%

The Essential Utilities Inc. stock price fell by -1.28% on the last day (Wednesday, 13th Nov 2024) from $39.03 to $38.53. During the last trading day the stock fluctuated 2.21% from a day low at $38.42 to a day high of $39.27. The price has been going up and down for this period, and there has been a -0.54% loss for the last 2 weeks. Volume has increased on the last day by 192 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, 978 thousand shares were bought and sold for approximately $37.70 million.

The stock is at the lower part of a horizontal trend in the short term, and normally this may pose a good buying opportunity, though a breakdown through the bottom trend line at $38.10 will give a strong sell signal and a trend shift may be expected. Given the current horizontal trend, you can expect Essential Utilities Inc. stock with a 90% probability to be traded between $38.31 and $40.83 at the end of this 3-month period. A break of a horizontal trend is often followed by a large increase in the volume, and stock seldom manage to go directly from the bottom of a trend up to the top. Stock turning up in the middle of a horizontal trend are therefore considered to be potential runners.

WTRG Signals & Forecast

There are few to no technical positive signals at the moment. The Essential Utilities Inc. stock holds sell signals from both short and long-term Moving Averages giving a more negative forecast for the stock. On corrections up, there will be some resistance from the lines at $39.52 and $39.17. A break-up above any of these levels will issue buy signals. A sell signal was issued from a pivot top point on Wednesday, November 06, 2024, and so far it has fallen -4.51%. 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 rose on falling prices yesterday. This may be an early warning and the stock should be followed more closely.

Sell
Special Signal Notification

Double Top Formation

Double Top Formation A sell signal from a double top formation was found on Wednesday, November 06, 2024 with a target of $38.60. Despite whether the objective of the signal formation has been reached the stock may continue to fall.

Support, Risk & Stop-loss for Essential Utilities Inc. stock

Essential Utilities Inc. finds support from accumulated volume at $38.32 and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested.

This stock is usually traded at a good volume, and with minor daily changes, the risk is considered to be low. During the last day, the stock moved $0.85 (2.21%) between high and low. For the last week, the stock has had daily average volatility of 2.16%.

Our recommended stop-loss: $36.81 (-4.47%) (This stock has low daily movements and this gives low risk. There is a sell signal from a pivot top found 5 days ago.)

Trading Expectations (WTRG) For The Upcoming Trading Day Of Thursday 14th

For the upcoming trading day on Thursday, 14th we expect Essential Utilities Inc. to open at $38.74, and during the day (based on 14 day Average True Range), to move between $37.71 and $39.35, which gives a possible trading interval of +/-$0.82 (+/-2.14%) up or down from last closing price. If Essential Utilities Inc. takes out the full calculated possible swing range there will be an estimated 4.28% move between the lowest and the highest trading price during the day.

Since the stock is closer to the resistance from accumulated volume at $38.74 (0.55%) than the support at $38.32 (0.55%), 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 Essential Utilities Inc. stock A Buy?

Essential Utilities Inc. holds several negative signals and this should be a sell candidate, but due to the general chance for a turnaround situation it should be considered as a hold candidate (hold or accumulate) in this position whilst awaiting further development.

Current score: -0.801 Hold/Accumulate Unchanged

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Predicted Fair Opening Price

Predicted fair opening price on November 14, 2024 - $38.74 ( 0.545%).

Trading levels for WTRG

Fibonacci Support & Resistance Levels

Level Price
R3 39.59 2.75%
R2 39.27 1.91%
R1 39.06 1.39%
Price 38.53
S1 38.42 -0.298%
S2 38.21 -0.82%
S3 37.89 -1.66%

Accumulated Volume Support & Resistance Levels

Level Price
R3 39.47 2.44%
R2 39.11 1.51%
R1 38.74 0.545%
Price 38.53
S1 38.32 -0.545%
S2 38.29 -0.623%
S3 38.00 -1.38%

WTRG Dividend Payout History


# Declaration Date Ex-Date Pay Date Amount Yield
1 Oct 30, 2024 Nov 12, 2024 Dec 02, 2024 $0.326 0.83%
2 Aug 12, 2024 Aug 12, 2024 Sep 03, 2024 $0.326 0.83%
3 Feb 22, 2024 May 09, 2024 Jun 01, 2024 $0.307 0.81%
4 Dec 12, 2023 Feb 08, 2024 Mar 01, 2024 $0.307 0.88%
5 Oct 25, 2023 Nov 09, 2023 Dec 01, 2023 $0.310 0.86%

FAQ

What is the symbol for Essential Utilities Inc. Stock and on which exchange is it traded?
The symbol for Essential Utilities Inc. is WTRG and it is traded on the NYSE (New York Stock Exchange).

Should I buy or sell Essential Utilities Inc. Stock?
Essential Utilities Inc. holds several negative signals and this should be a sell candidate, but due to the general chance for a turnaround situation it should be considered as a hold candidate (hold or accumulate) in this position whilst awaiting further development.

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

What's the current price of Essential Utilities Inc. Stock?
As of the end of day on the Nov 13, 2024, the price of an Essential Utilities Inc. (WTRG) share was $38.53.

What is the 52-week high and low for Essential Utilities Inc. Stock?
The 52-week high for Essential Utilities Inc. Stock is $41.77 and the 52-week low is $33.57.

What is the market capitalization of Essential Utilities Inc. Stock?
As of the Nov 13, 2024, the market capitalization of Essential Utilities Inc. is 10.924B.

When is the next earnings date for Essential Utilities Inc.?
The upcoming earnings date for Essential Utilities Inc. is Feb 27, 2025.
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ABOUT ESSENTIAL UTILITIES INC.
Essential Utilities.
Essential Utilities, Inc., through its subsidiaries, operates regulated utilities that provide water, wastewater, or natural gas services in the United States. It offers water services through operating and maintenance contract with municipal authorities and other parties. The company also provides non-utility raw water supply services for firms in the natural gas drilling industry; and water and sewer line protection solutions, and repair servic...
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