Aqua America Inc Forecast and Stock Analysis
Technical WTR stock analysis for February 15, 2019.
|Shorts||10.23% ( 2019-01-31 )|
Aqua America Inc fell by -0.67% in the last day from $35.86 to $35.62 The price has risen in 5 of the last 10 days and is up by 2.68% over the past 2 weeks. Volume has increased in the last day by 886 723 shares, but on falling prices. This may be an early warning and the risk will be increased slightly for the next couple of days. In total, 886 723 shares bought and sold for approximately $31.59 million.
Close price at the end of the last trading day (Friday, 15th Feb 2019) of the WTR stock was $35.62. This is 0.67% less than the trading day before Thursday, 14th Feb 2019.
During day the stock fluctuated 1.21% from a day low at $35.51 to a day high of $35.94.
30 day high of the WTR stock price was $36.28 and low was $33.72.
90 day high was $36.28 and low was $32.16.
52 week high for the Aqua America Inc - $38.24 and low - $32.09.
Aqua America Inc lies in the middle of a wide and weak 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 3.1% during the next 3 months and, with 90% probability hold a price between $34.06 and $37.71 at the end of this period.
There are mixed signals in the stock today. A sales signal was issued from a pivot top point on Monday February 11, 2019, which indicates further falls until a new bottom pivot has been found. Volume rose on falling prices yesterday. This may be an early warning and the stock should be followed more closely. Aqua America Inc holds a sales 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. On further gains, the stock will meet resistance from the short-term moving average at approximately $35.85. On a fall, the stock will find some support from the long-term average at approximately $34.39. A break-up through the short-term average will send a buy signal, whereas a breakdown through the long-term average will send a sales signal.
* 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.
Relative Strength Index (RSI)
The stock holds a RSI14 at 73 and is currently being overbought on RSI. This does not have to be a sales signal as many stocks may go both long and hard while being overbought on the RSI. It is therefore important to evaluate the history of the share as it may tell you something about the RSI-sensitiveness.
Support & Resistance
Aqua America Inc finds support from accumulated volume at $35.05.
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 $0.43 (1.21%) between high and low. For the last week, the stock has had a daily average volatility of 0.89%.
Our recommended stoploss: $34.49 (-3.18%) (This stock has low daily movements and this gives low risk. The RSI14 is 73 and this increases the risk substantially. There is a sell signal from pivot top found 4 days ago.)
Very Low Low Medium High Very High
Aqua America Inc 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. 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 Hold/Accumulate.