Previous Hold Today WTTR ranks #2212 as HOLD CANDIDATE. Next Hold
Today WTTR ranks #2212 as HOLD CANDIDATE.

WTTR stock Select Energy Services Inc. Class A

WTTR stock
Select Energy Services Inc. Class A

April 24, 2019
Change -4.55%
Chart period: 2019-01-25 - 2019-04-24





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

Select Energy Services Inc. Class A Forecast and Stock Analysis

Technical WTTR stock analysis for April 24, 2019.

Hold candidate since 2019-04-24
Shorts 6.48% ( 2019-03-29 )
Cash n/a
Loans n/a
Beta 3.19
ROA 2.75

Select Energy Services Inc. Class A fell by -4.55% in the last day from $12.52 to $11.95 The price has risen in 6 of the last 10 days and is up by 1.27% over the past 2 weeks. 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 -41 226 shares and in total 701 119 shares bought and sold for approximately $8.38 million.

Close price at the end of the last trading day (Wednesday, 24th Apr 2019) of the WTTR stock was $11.95. This is 4.55% less than the trading day before Tuesday, 23rd Apr 2019.

During day the stock fluctuated 5.56% from a day low at $11.87 to a day high of $12.53.

30 day high of the WTTR stock price was $12.60 and low was $10.92.
90 day high was $12.60 and low was $8.00.
52 week high for the Select Energy Services Inc. Class A - $17.86 and low - $6.05.


Select Energy Services Inc. Class A lies in the lower part of a wide and strong rising trend in the short term, and this will normally pose a very good buying opportunity. A break down the bottom trend line at $11.85 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 49.68% during the next 3 months and, with 90% probability hold a price between $17.74 and $19.86 at the end of this period.

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Select Energy Services Inc. Class A 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 $12.17. On a fall, the stock will find some support from the long-term average at approximately $11.56. 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. Some negative signals were issued as well, and these may have some influence on the near short-term development. A sales signal was issued from a pivot top point on Tuesday April 23, 2019, which indicates further falls until a new bottom pivot has been found. Volume fell together with the price during the last trading day and this reduces the overall risk as volume should follow the price movements.

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A sell signal from a double bottom formation was found on Tuesday April 16, 2019 with a target of $12.06. Despite the objective of the signal formation has been reached the stock may continue to fall.

Relative Strength Index (RSI)

RSI14 is 52 and the stock is currently not being overbought or oversold

Access full RSI 14 and RSI 21 lists

Support & Resistance

On the downside, the stock finds support just below today's level from accumulated volume at $11.13 and $10.77.

There is natural risk involved when a stock is testing a support level, since if this is broken, the stock then may fall to the next support level. In this case, Select Energy Services Inc. Class A finds support just below today's level at $11.13. If this is broken, then the next support from accumulated volume will be at $10.77 and $10.09.

Support: $11.13 Price: $11.95 Resistance: $12.02


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 $0.66 (5.56%) between high and low. For the last week, the stock has had a daily average volatility of 3.93%.

Our recommended stoploss: $11.24 (-5.96%) (This stock has low daily movements and this gives low risk. There is a sell signal from pivot top found 1 days ago.)

Overall risk:

Very Low Low Medium High Very High

Evaluation: Hold/Accumulate

Select Energy Services Inc. Class A 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 Strong Buy Candidate to a Hold/Accumulate.

Previous Hold Today WTTR ranks #2212 as HOLD CANDIDATE. Next Hold
Today WTTR ranks #2212 as HOLD CANDIDATE.