AMERICAN WATER WORKS CO. - Daily - Technical analysis published on 09/25/2022 (GMT)
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- Timeframe : Daily
- - Analysis generated on
- Status : TARGET REACHED
Summary of the analysis
Trends
Short term:
Strongly bearish
Underlying:
Strongly bearish
Technical indicators
17%
67%
17%
My opinion
Bearish under 144.86 USD
My targets
129.04 USD (-8.42%)
110.98 USD (-21.24%)
My analysis
The bearish trend is currently very strong for AMERICAN WATER WORKS CO.. As long as the price remains below the resistance at 144.86 USD, you could try to take advantage of the bearish rally. The first bearish objective is located at 129.04 USD. The bearish momentum would be revived by a break in this support. Sellers would then use the next support located at 110.98 USD as an objective. Crossing it would then enable sellers to target 93.71 USD. Be careful, given the powerful bearish rally underway, excesses could lead to a short-term rebound. If this is the case, remember that trading against the trend may be riskier. It would seem more appropriate to wait for a signal indicating reversal of the trend.
Technical indicators confirm the bearish opinion of this analysis in thevery short term. However, be careful of excessive bearish movements. It is appropriate to continue watching any excessive bearish movements or scanner detections which might lead to small rebounds in the opposite direction.
Force
0
10
7
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This analysis was given by Clay707. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
AMERICAN WATER WORKS CO. rating 140.91 USD. The price is lower by -1.32% since the last closing and was between 138.91 USD and 141.88 USD. This implies that the price is at +1.44% from its lowest and at -0.68% from its highest.138.91
141.88
140.91
A bearish gap was detected at the opening by the Central Gaps scanner. There are a lot of sellers and they have the upper hand in the very short term.
Opening Gap DOWN
Type : Bearish
Timeframe : Openning
So that you have an overall view of the price change, here is a table showing the variations over several periods:
New LOW record (1 month)
Type : Bearish
Timeframe : Weekly
Technical
Technical analysis of this Daily chart of AMERICAN WATER WORKS CO. indicates that the overall trend is strongly bearish. 85.71% of the signals given by moving averages are bearish. This strongly bearish trend is supported by the strong bearish signals given by short-term moving averages. The Central Indicators scanner does not detect any result on moving averages that would impact this trend.
Technical indicators are bearish. There is still some doubt about the decline in the price.
Caution: the Central Indicators scanner currently detects an excess:
CCI indicator is oversold : under -100
Type : Neutral
Timeframe : Daily
Williams %R indicator is oversold : under -80
Type : Neutral
Timeframe : Daily
Pivot points : price is under support 3
Type : Neutral
Timeframe : Daily
Pivot points : price is under support 3
Type : Neutral
Timeframe : Weekly
The analysis of the price chart with Central Patterns scanners does not return any result.
Central Candlesticks, the scanner specialised in Japanese candlesticks, detects a bearish signal that could support the hypothesis of a small drop in the very short term:
Downside gap
Type : Bearish
Timeframe : Daily
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 93.71 | 110.98 | 129.04 | 140.91 | 144.86 | 161.15 | 169.66 |
| Change (%) | -33.50% | -21.24% | -8.42% | - | +2.80% | +14.36% | +20.40% |
| Change | -47.20 | -29.93 | -11.87 | - | +3.95 | +20.24 | +28.75 |
| Level | Intermediate | Minor | Major | - | Major | Major | Intermediate |
To determine price objectives, it is also possible to use the pivot points. Here is the price position in relation to pivot points:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 136.28 | 137.60 | 139.25 | 140.57 | 142.22 | 143.54 | 145.19 |
| Camarilla | 140.09 | 140.37 | 140.64 | 140.91 | 141.18 | 141.46 | 141.73 |
| Woodie | 136.46 | 137.68 | 139.43 | 140.65 | 142.40 | 143.62 | 145.37 |
| Fibonacci | 137.60 | 138.73 | 139.43 | 140.57 | 141.70 | 142.40 | 143.54 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 127.23 | 133.07 | 136.99 | 142.83 | 146.75 | 152.59 | 156.51 |
| Camarilla | 138.23 | 139.12 | 140.02 | 140.91 | 141.81 | 142.70 | 143.59 |
| Woodie | 126.27 | 132.59 | 136.03 | 142.35 | 145.79 | 152.11 | 155.55 |
| Fibonacci | 133.07 | 136.80 | 139.10 | 142.83 | 146.56 | 148.86 | 152.59 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 132.88 | 140.60 | 144.52 | 152.24 | 156.16 | 163.88 | 167.80 |
| Camarilla | 145.25 | 146.32 | 147.38 | 148.45 | 149.52 | 150.58 | 151.65 |
| Woodie | 130.99 | 139.65 | 142.63 | 151.29 | 154.27 | 162.93 | 165.91 |
| Fibonacci | 140.60 | 145.04 | 147.79 | 152.24 | 156.68 | 159.43 | 163.88 |
Numerical data
The following are the details of the technical indicators and moving averages that were collected to generate this technical analysis:
Technical indicators
Moving averages
| RSI (14): | 32.25 | |
| MACD (12,26,9): | -2.5300 | |
| Directional Movement: | -19.56 | |
| AROON (14): | -64.29 | |
| DEMA (21): | 146.33 | |
| Parabolic SAR (0,02-0,02-0,2): | 152.90 | |
| Elder Ray (13): | -7.17 | |
| Super Trend (3,10): | 151.10 | |
| Zig ZAG (10): | 140.91 | |
| VORTEX (21): | 0.7700 | |
| Stochastique (14,3,5): | 5.18 | |
| TEMA (21): | 143.84 | |
| Williams %R (14): | -88.99 | |
| Chande Momentum Oscillator (20): | -12.43 | |
| Repulse (5,40,3): | -1.6800 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | -0.1300 | |
| Courbe Coppock: | 7.01 |
| MA7: | 145.47 | |
| MA20: | 149.66 | |
| MA50: | 152.03 | |
| MA100: | 149.19 | |
| MAexp7: | 145.24 | |
| MAexp20: | 149.06 | |
| MAexp50: | 150.73 | |
| MAexp100: | 151.82 | |
| Price / MA7: | -3.13% | |
| Price / MA20: | -5.85% | |
| Price / MA50: | -7.31% | |
| Price / MA100: | -5.55% | |
| Price / MAexp7: | -2.98% | |
| Price / MAexp20: | -5.47% | |
| Price / MAexp50: | -6.51% | |
| Price / MAexp100: | -7.19% |
Quotes :
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15 min delayed data
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NYSE Stocks
News
Don't forget to follow the news on AMERICAN WATER WORKS CO.. At the time of publication of this analysis, the latest news was as follows:
- Illinois American Water Acquires City of Villa Grove Water and Wastewater Systems
- American Water Charitable Foundation and New Jersey American Water Provide $30,000 to The Malcolm Jenkins Foundation to Help Fight Food Insecurity in the City of Camden
- California American Water Acquires Warring Water Service, Inc.
- American Water Charitable Foundation and American Water Military Services Group Partner with K9s For Warriors to Help Improve Veterans' Lives One Dog at a Time
- Local Business, Community Leaders, Environmental Groups, and Others Respond to Monterey Peninsula Water Supply Project Application Completion
This member declared not having a position on this financial instrument or a related financial instrument.
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