Waters Technical Analysis (NYSE:WAT)
Technical analysis is the study of stock price and volume data through technical charts. This analysis does not take into account the intrinsic value of a stock. The Waters stock price data and volume are plotted in WAT stock charts and these trading charts form the basis of technical analysis.
View technical indicators like moving averages - SMA and EMA, and bollinger bands for Waters. The technical analysis form of Waters stock analysis tries to understand the market by studying the stock market trend itself as opposed to other aspects like the company's fundamentals.
Waters Moving Average
Moving averages show the average price of WAT stock over a set time period and help traders see the overall trend by smoothening out the daily variation in price movement. The 20 day moving average of $198.29 is below the last closing price of $201.25 and the 50 day moving average of $197.4 is below the last closing price of $201.25. The 10 and 20 day periods can predict short term moving average trends.
Waters Bollinger Bands
Bollinger bands consist of two price bands above and below a center line for any company stock like Waters. The tightening of bands is considered by most traders to be a precursor to sudden increase in volatility. Waters bollinger bands show that the stock price is $201.25, upper band is 209.79, lower band is 186.78, and the average is 198.29.
Waters Moving Average Convergence Divergence or MACD
The moving average convergence divergence or MACD is a technical indicator which helps gauge the stock price trend, as the indicator is useful in understanding the strength, direction and momentum of the stock price. The Waters MACD indicator is above 0 indicating a bullish trend.
Waters Relative Strength Index
This technical indicator compares the relative strength or weakness of a stock. It measures the magnitude of rise or fall in stock price movements . 66.45 is the RSI value of WAT stock.