AWK Forecast and Technical Stock Analysis
Sell candidate since 2019-09-13 PDF
American Water Works fell by -0.44% in the last day ( Friday, 13th Sep 2019 ) from $121.76 to $121.22 During the day the stock fluctuated 1.06% from a day low at $120.71 to a day high of $121.99. The price has fallen in 6 of the last 10 days and is down by -4.48% for this period. Volume fell in the last day along with the stock, which is actually a good sign as volume should follow the stock. In the last day the trading volume fell by -0.21 million shares and in total 1.05 million shares bought and sold for approximately $127.05 million.
- 30 day high of the AWK stock price was $129.89 and low was $119.38.
- 90 day high was $129.89 and low was $113.18.
- 52 week high for American Water Works - $129.89 and low - $85.88.
American Water Works lies in the lower part of a weak rising trend in the short term, and this will normally pose a very good buying opportunity. A break down the bottom trend line at $119.43 will firstly indicate a slower raising rate, but may also be a early warning for a trend shift. Given the current short-term trend, the stock is expected to rise 8.3% during the next 3 months and, with 90% probability hold a price between $129.34 and $141.62 at the end of this period.
There are mixed signals in the stock today. American Water Works holds sales signals from both short- and long-term moving averages. On corrections up there will be some resistance from the lines at $122.81 and $121.92. A break-up above any of these levels will issue buy signals. Volume fell together with the price during the last trading day and this reduces the overall risk as volume should follow the price movements. A buy signal was issued from a pivot bottom point on Tuesday September 10, 2019, which indicates further gains until a new top pivot has been found.
Relative Strength Index (RSI)
RSImin/max Values: [ 25 - 75 ]
RSI14 is 45 and the stock is currently not being overbought or oversold
* Stockinvest.us uses dynamical calculated RSI max/min levels to determine when stock is oversold or overbought based on historical behaviour.
Support & Resistance
American Water Works finds support from accumulated volume at $118.07.
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 $1.28 (1.06%) between high and low. For the last week, the stock has had daily average volatility of 2.00%.
Our recommended stop-loss: We hold a sell evaluation for this stock. No stop-loss set.
2.00 %Average volatility
Very Low Low Medium High Very High
American Water Works holds several negative signals and we believe that it will still perform weakly in the next couple of days or weeks. We therefore hold a negative evaluation of this stock. Due to some small weaknesses in the technical picture we have downgraded our recommendation for this stock since last evaluation from a Buy Candidate to a Sell Candidate.
|AWK $121.22 ($-0.54 -0.44%)|
AWK is down $0.54 today, but where's it headed in 2019?
|Zacks Investment Research is releasing its prediction for AWK based on the 1-3 month system that more than doubles the S&P 500.
This report is free today for StockInvest.us readers.
Click here – the AWK analysis is 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 8.000 stocks usually only a few will trigger a Golden Star Signal per day!