Previous Hold Today CWT ranks #2792 as HOLD CANDIDATE. Next Hold
Today CWT ranks #2792 as HOLD CANDIDATE.

CWT stock California Water Service Group Holding

CWT stock
California Water Service Group Holding

April 24, 2019
Change 0.87%
Chart period: 2019-01-25 - 2019-04-24
VOLUME
Buy
TREND
Buy

MV LONG
Sell

MV SHORT
Buy

PIVOT
Buy

MACD
Sell

Social Sentiment for CWT

Today's data is from 2 opinions on StockTwits provided by IEX Cloud.
Bullish vs. Bearish opinions
100%
0%
Weighted Sentiment 0.00

Will CWT stock price go up or down on Thu, 25 Apr 2019?

California Water Service Group Holding Forecast and Stock Analysis

Technical CWT stock analysis for April 24, 2019.

Hold candidate since 2019-04-24
Shorts 5.77% ( 2019-03-29 )
Cash n/a
Loans n/a
Beta 0.36
ROA 2.40

California Water Service Group Holding gained 0.87% in the last trading day, rising from $49.52 to $49.95 , and has now gained 3 days in a row. It will be exciting to see whether it manages to continue gaining or take a minor break for the next few days. The price has been going up and down for this period, and there has been a -1.67% loss for the last 2 weeks. Volume has increased in the last day along with the price, which is a positive technical sign, and, in total, 28 554 more shares were traded than the day before. In total, 256 822 shares bought and sold for approximately $12.83 million.

Close price at the end of the last trading day (Wednesday, 24th Apr 2019) of the CWT stock was $49.95. This is 0.87% more than the trading day before Tuesday, 23rd Apr 2019.

During day the stock fluctuated 1.93% from a day low at $49.34 to a day high of $50.29.

30 day high of the CWT stock price was $54.87 and low was $49.06.
90 day high was $55.05 and low was $46.24.
52 week high for the California Water Service Group Holding - $55.05 and low - $37.70.

Trend

California Water Service Group Holding lies in the lower part of a wide and 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 $49.58 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 4.22% during the next 3 months and, with 90% probability hold a price between $51.67 and $57.77 at the end of this period.

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Signals

A buy signal was issued from a pivot bottom point on Wednesday April 17, 2019, which indicates further gains 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. California Water Service Group Holding holds a buysignal from the short-term moving average; at the same time, however, a sales signal from the long-term average. Since the longterm average is above the short-term average there is a general sales signal in the stock. On further gains, the stock will meet resistance from the long-term moving average at $52.28. On a fall, the stock will find some support from the short-term average at $49.76. A break-up through the long-term average will give another buy signal, while a fall below the short-term average will add another sales signal and strengthen the general signal.

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Relative Strength Index (RSI)

RSI14 is 31 and the stock is currently not being overbought or oversold

Access full RSI 14 and RSI 21 lists

Support & Resistance

California Water Service Group Holding finds support from accumulated volume at $49.52.

Support: $49.52 Price: $49.95 Resistance: $50.93

Risk

This stock is usually traded at good volume, and with minor daily changes the risk is considered to be low. During the last day, the stock moved $0.95 (1.93%) between high and low. For the last week, the stock has had a daily average volatility of 1.75%.

Our recommended stoploss: $46.74 (-6.43%) (This stock has medium daily movements and this gives medium risk. There is a buy signal from pivot bottom found 4 days ago.)

Overall risk:

Very Low Low Medium High Very High

Evaluation: Hold/Accumulate

California Water Service Group Holding holds several positive signals, but we still don't find these to be enough for a buy-recommendation. At the current level we recommend to hold or accumulate in this position whilst awaiting for further development. We have upgraded our recommendation for this stock since last evaluation from a Sell Candidate to a Hold/Accumulate.

Previous Hold Today CWT ranks #2792 as HOLD CANDIDATE. Next Hold
Today CWT ranks #2792 as HOLD CANDIDATE.