Weaker Buy Today WTS ranks #303 as BUY CANDIDATE. Stronger Buy
Today WTS ranks #303 as BUY CANDIDATE.

WTS stock Watts Water Technologies Inc

WTS stock
Watts Water Technologies Inc

April 24, 2019
Change 1.17%
Chart period: 2019-01-25 - 2019-04-24
VOLUME
Sell
TREND
Buy

MV LONG
Buy

MV SHORT
Buy

PIVOT
Buy

MACD
Buy

Social Sentiment for WTS

Today's data is from 1 opinions on StockTwits provided by IEX Cloud.
Bullish vs. Bearish opinions
100%
0%
Weighted Sentiment 0.00

Will WTS stock price go up or down on Fri, 26 Apr 2019?

Watts Water Technologies Inc Forecast and Stock Analysis

Technical WTS stock analysis for April 24, 2019.

Buy candidate since 2019-04-10 Gain 3.30%
Shorts 4.77% ( 2019-03-29 )
Cash n/a
Loans n/a
Beta 1.22
ROA 7.72

Watts Water Technologies Inc gained 1.17% in the last trading day, rising from $85.38 to $86.38 , 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 risen in 7 of the last 10 days and is up by 5.43% over the past 2 weeks. Volume fell in the last day by -10 914 shares, and in total, 106 682 shares bought and sold for approximately $9.22 million. You should take into consideration that a falling volume on higher prices causes divergence and may be an early warning about possible changes for the next couple of days.

Close price at the end of the last trading day (Wednesday, 24th Apr 2019) of the WTS stock was $86.38. This is 1.17% more than the trading day before Tuesday, 23rd Apr 2019.

During day the stock fluctuated 1.38% from a day low at $85.29 to a day high of $86.47.

30 day high of the WTS stock price was $86.47 and low was $76.15.
90 day high was $86.47 and low was $70.28.
52 week high for the Watts Water Technologies Inc - $93.35 and low - $61.17.

Trend

Watts Water Technologies Inc 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 11.4% during the next 3 months and, with 90% probability hold a price between $89.36 and $99.64 at the end of this period.

Click here for today's Top 5 Trending Companies

Signals

Only positive signals in the chart today. Watts Water Technologies Inc holds buy signals from both short- and long-term moving averages. In addition, 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 $85.08 and $81.47. A break down below any of these levels will issue sell signals. A buy signal was issued from a pivot bottom point on Tuesday April 09, 2019, which indicates further gains until a new top pivot has been found. Volume fell during the last trading day despite gaining prices. This causes a divergence between volume and price and may be an early warning. The stock should be watched closely.

The stock had a Golden Star Signal* on Wednesday March 27, 2019 in the short-term chart.

* 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.

Access today's Top 5 Golden Star Companies

Relative Strength Index (RSI)

RSI14 is 66 and the stock is currently not being overbought or oversold

Access full RSI 14 and RSI 21 lists

Support & Resistance

Watts Water Technologies Inc finds support from accumulated volume at $83.84.

Support: $83.84 Price: $86.38

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 $1.18 (1.38%) between high and low. For the last week, the stock has had a daily average volatility of 1.77%.

Our recommended stoploss: $82.58 (-4.39%) (This stock has low daily movements and this gives low risk. There is a buy signal from pivot bottom found 10 days ago.)

Overall risk:

Very Low Low Medium High Very High

Evaluation: Strong Buy Candidate

Watts Water Technologies Inc holds several positive signals and is within a strong rising trend. As the old saying says, "Let the trend be your friend.'". We therefore consider it to be a good choice at these current levels and we are expecting further gains during the next 3 months. We have upgraded our recommendation for this stock since last evaluation from a Buy Candidate to a Strong Buy Candidate.

Weaker Buy Today WTS ranks #303 as BUY CANDIDATE. Stronger Buy
Today WTS ranks #303 as BUY CANDIDATE.