Londinia Opportunities Analyses - 07/25/2024 (GMT) SELECT WATER SOLUTIONS - Daily

SELECT WATER SOLUTIONS
- USD (-)
- 15 min delayed data - NYSE Stocks
Type: Stocks
Ticker: WTTR
ISIN:

I am delighted to see that my first price objective has been achieved. I hope you've taken advantage of it.
  • U.S. Stocks
  • Timeframe : Daily
  • - Analysis generated on
  • Status : TARGET REACHED

Summary of the analysis

Trends
Short term: Strongly bullish
Underlying: Strongly bullish
Technical indicators
67%
6%
28%
My opinion
Bullish above 10.93 USD
My targets
11.55 USD (+3.28%)
12.10 USD (+8.26%)
My analysis
The bullish trend is currently very strong on SELECT WATER SOLUTIONS. As long as the price remains above the support at 10.93 USD, you could try to benefit from the boom. The first bullish objective is located at 11.55 USD. The bullish momentum would be boosted by a break in this resistance. Buyers would then use the next resistance located at 12.10 USD as an objective. Be careful, given the powerful bullish rally underway, excesses could lead to a possible correction in the short term. 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.

In the very short term, the general bullish sentiment is confirmed by technical indicators. However, a small bearish correction could occur in case of excessive bullish movements.
Force
0
10
8

Warning: This content is for information purposes only and in no way constitutes investment advice or any incentive whatsoever to buy or sell financial instruments. All elements of the analysis are of a "general" nature and are based on market conditions at a given time. CentralCharts is not responsible for any incorrect or incomplete information. Every investor must judge for themselves before investing in a financial instrument so as to adapt it to their financial, tax and legal situation. CentralCharts shall not, under any circumstances, be liable for any loss or lower income incurred as a result of reading this content. Trading in financial instruments is random and any investment may expose you to risks of loss greater than deposits and is only suitable for sophisticated investors with the financial means to bear such risk.

Additional analysis

Quotes

SELECT WATER SOLUTIONS rating 11.18 USD. On the day, this instrument gained +3.61% and was traded between 10.77 USD and 11.24 USD over the period. The price is currently at +3.81% from its lowest and -0.53% from its highest.

10.77
11.24
11.18

The Central Gaps scanner detects a bullish opening marking the presence of buyers ahead of sellers at the opening but not sufficiently marked to allow the price to register a quotation gap.

Central Gaps

Bullish opening

Type : Bullish

Timeframe : Openning



So that you have an overall view of the price change, here is a table showing the variations over several periods:
The study of the highest / lowest by the Central Records scanner shows the following results:

Central Records

Near a new HIGH record (5 years)

Type : Bullish

Timeframe : Weekly


Near a new HIGH record (1 year)

Type : Bullish

Timeframe : Weekly


Near a new HIGH record (1st january)

Type : Bullish

Timeframe : Weekly


Near a new HIGH record (1 month)

Type : Bullish

Timeframe : Weekly



Technical


Technical analysis of SELECT WATER SOLUTIONS in Journalier shows a strongly overall bullish trend. The signals given by the moving averages are 92.86% bullish. This strong bullish trend is confirmed by the strong signals currently being given by short-term moving averages. There is no crossing of moving average by the price or crossing of moving averages between themselves.

In fact, 12 technical indicators on 18 studied are currently positioned bullish. Caution: the Central Indicators scanner currently detects an excess:

Central Indicators

Williams %R indicator is overbought : over -20

Type : Neutral

Timeframe : Daily

Central Indicators, the detector scanner for these technical indicators has recently detected several signals:

Central Indicators

Pivot points : price is over resistance 1

Type : Neutral

Timeframe : Daily


Parabolic SAR indicator bearish reversal

Type : Bearish

Timeframe : Daily


Price is back under the pivot point

Type : Bearish

Timeframe : Weekly



The analysis of the price chart with Central Patterns scanners does not return any result.

The Central Candlesticks scanner which studies Japanese candlesticks did not detect anything.


ProTrendLines
S3
S2
S1
Price


S3S2S1Price
ProTrendLines 9.24 10.19 10.93 11.18
Change (%) -17.35% -8.86% -2.24% -
Change -1.94 -0.99 -0.25 -
Level Major Major Intermediate -



Pivot points can also be used to set your price objectives. Here is the price situation in relation to pivot points:

Daily
Pivot points S3 S2 S1 PP R1 R2 R3
Standard10.2310.5110.6510.9311.0711.3511.49
Camarilla10.6810.7110.7510.7910.8310.8710.91
Woodie10.1610.4810.5810.9011.0011.3211.42
Fibonacci10.5110.6710.7710.9311.0911.1911.35


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard9.9810.3110.8011.1311.6211.9512.44
Camarilla11.0711.1411.2211.2911.3711.4411.52
Woodie10.0610.3510.8811.1711.7011.9912.52
Fibonacci10.3110.6210.8211.1311.4411.6411.95


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard9.169.5910.1410.5711.1211.5512.10
Camarilla10.4310.5210.6110.7010.7910.8810.97
Woodie9.239.6210.2110.6011.1911.5812.17
Fibonacci9.599.9610.1910.5710.9411.1711.55

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): 58.86
MACD (12,26,9): 0.2000
Directional Movement: 5.84
AROON (14): 50.00
DEMA (21): 11.10
Parabolic SAR (0,02-0,02-0,2): 11.46
Elder Ray (13): 0.05
Super Trend (3,10): 10.53
Zig ZAG (10): 11.21
VORTEX (21): 1.0100
Stochastique (14,3,5): 69.61
TEMA (21): 11.16
Williams %R (14): -18.16
Chande Momentum Oscillator (20): 1.00
Repulse (5,40,3): 2.2600
ROCnROLL: 1
TRIX (15,9): 0.2400
Courbe Coppock: 12.46
MA7: 11.16
MA20: 10.76
MA50: 10.56
MA100: 9.82
MAexp7: 11.05
MAexp20: 10.84
MAexp50: 10.46
MAexp100: 9.88
Price / MA7: +0.18%
Price / MA20: +3.90%
Price / MA50: +5.87%
Price / MA100: +13.85%
Price / MAexp7: +1.18%
Price / MAexp20: +3.14%
Price / MAexp50: +6.88%
Price / MAexp100: +13.16%

Quotes : - 15 min delayed data - Actions NYSE