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 ZWS
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Green day on Wednesday for Zurn Water Solutions Corporation
(Updated on Mar 27, 2024)

Buy candidate since Mar 19, 2024 Gain 1.96% PDF

The Zurn Water Solutions Corporation stock price gained 1.39% on the last trading day (Wednesday, 27th Mar 2024), rising from $32.31 to $32.76. During the last trading day the stock fluctuated 1.39% from a day low at $32.33 to a day high of $32.78. The price has been going up and down for this period, and there has been a 3.47% gain for the last 2 weeks. Volume has increased on the last day along with the price, which is a positive technical sign, and, in total, 111 thousand more shares were traded than the day before. In total, 628 thousand shares were bought and sold for approximately $20.58 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 14.38% during the next 3 months and, with a 90% probability hold a price between $36.20 and $40.81 at the end of this 3-month period.

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ZWS Signals & Forecast

The Zurn Water Solutions Corporation stock holds buy signals from both short and long-term Moving Averages giving a positive forecast for the stock. Also, there is a general buy signal from the relation between the two signals where the short-term average is above the long-term average. On corrections down, there will be some support from the lines at $32.51 and $31.87. A breakdown below any of these levels will issue sell signals. Furthermore, there is a buy signal from the 3 month Moving Average Convergence Divergence (MACD). 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. A sell signal was issued from a pivot top point on Thursday, February 08, 2024, and so far it has fallen -1.47%. Further fall is indicated until a new bottom pivot has been found.

Support, Risk & Stop-loss for Zurn Water Solutions Corporation stock

Zurn Water Solutions Corporation finds support from accumulated volume at $32.07 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 $0.450 between high and low, or 1.39%. For the last week the stock has had daily average volatility of 1.53%.

Our recommended stop-loss: $31.38 (-4.22%) (This stock has low daily movements and this gives low risk. There is a sell signal from a pivot top found 33 days ago.)

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

For the upcoming trading day on Thursday, 28th we expect Zurn Water Solutions Corporation to open at $32.62, and during the day (based on 14 day Average True Range), to move between $32.14 and $33.38, which gives a possible trading interval of +/-$0.621 (+/-1.90%) up or down from last closing price. If Zurn Water Solutions Corporation takes out the full calculated possible swing range there will be an estimated 3.79% move between the lowest and the highest trading price during the day.

Since the stock is closer to the resistance from accumulated volume at $32.89 (0.40%) than the support at $32.07 (2.11%), 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 Zurn Water Solutions Corporation stock A Buy?

Several short-term signals, along with a general good trend, are positive and we conclude that the current level may hold a buying opportunity as there is a fair chance for Zurn Water Solutions Corporation stock to perform well in the short-term.

Current score: 4.612 Buy Candidate Unchanged

Predicted Opening Price for Zurn Water Solutions Corporation of Thursday, March 28, 2024

Fair opening price March 28, 2024 Current price
$32.62 ( 0.417%) $32.76

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

Trading levels for ZWS

Fibonacci Support & Resistance Levels

Level Price
Resistance R3 33.07 0.96 %
R2 32.90 0.432 %
R1 32.80 0.108 %
Current price: 32.76
Support S1 32.45 -0.94 %
S2 32.35 -1.27 %
S3 32.17 -1.79 %

Accumulated Volume Support & Resistance Levels

Level Price
Resistance R3 33.25 1.50 %
R2 33.20 1.34 %
R1 32.89 0.397 %
Current price 32.76
Support S1 32.07 -2.11%
S2 31.87 -2.72%
S3 31.19 -4.79%

ZWS Dividend Payout History


# Declaration Date Ex-Date Pay Date Amount Yield
1 Feb 01, 2024 Feb 16, 2024 Mar 07, 2024 $0.0800 0.250%
2 Oct 19, 2023 Nov 17, 2023 Dec 07, 2023 $0.0800 0.271%
3 Jul 20, 2023 Aug 17, 2023 Sep 07, 2023 $0.0700 0.242%
4 May 04, 2023 May 18, 2023 Sep 07, 2023 $0.0700 0.242%
5 Feb 01, 2023 Feb 17, 2023 Mar 07, 2023 $0.0700 0.311%

FAQ

What is the symbol for Zurn Water Solutions Corporation Stock and on which exchange is it traded?
The symbol for Zurn Water Solutions Corporation is ZWS and it is traded on the NYSE (New York Stock Exchange).

Should I buy or sell Zurn Water Solutions Corporation Stock?
Several short-term signals, along with a general good trend, are positive and we conclude that the current level may hold a buying opportunity as there is a fair chance for Zurn Water Solutions Corporation stock to perform well in the short-term.

How to buy Zurn Water Solutions Corporation Stock?
Zurn Water Solutions 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 Zurn Water Solutions Corporation Stock.

What's the current price of Zurn Water Solutions Corporation Stock?
As of the end of day on the 2024-03-27, the price of an Zurn Water Solutions Corporation (ZWS) share was $32.76.

What is the 52-week high and low for Zurn Water Solutions Corporation Stock?
The 52-week high for Zurn Water Solutions Corporation Stock is $33.95 and the 52-week low is $19.83.

What is the market capitalization of Zurn Water Solutions Corporation Stock?
As of the 2024-03-27, the market capitalization of Zurn Water Solutions Corporation is 5.635B.

When is the next earnings date for Zurn Water Solutions Corporation?
The upcoming earnings date for Zurn Water Solutions Corporation is Apr 23, 2024.
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About Zurn Water Solutions Corporation

Zurn Water Solutions Zurn Elkay Water Solutions Corporation designs, procures, manufactures, and markets water system solutions that provide and enhance water quality, safety, flow control, and conservation in and around non-residential buildings. It offers finish plumbing, drainage and interceptors, water control and backflow, fire protection, PEX pipe fittings and accessories, and repair parts under the Zurn brand name; and hand and hair dryers, and baby changing s... ZWS Profile

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