(AWK) Investment Analysis and Advice

November 21, 2024, 12:04 pm ET, BY Neal- Contributor| Editor: Thomas H. Kee Jr. (Follow on LinkedIn)

Longer Term Trading Plans for AWK

• Buy AWK near 130.93 target 140.59 stop loss @ 130.55 Details

The technical summary data tells us to buy AWK near 130.93 with an upside target of 140.59. This data also tells us to set a stop loss @ 130.55 to protect against excessive loss in case the stock begins to move against the trade. 130.93 is the first level of support below 138.665 , and by rule, any test of support is a buy signal. In this case, support 130.93 would be being tested, so a buy signal would exist.

• Short AWK slightly under 140.59, target 130.93, stop loss @ 141 Details

The technical summary data is suggesting a short of AWK as it gets near 140.59 with a downside target of 130.93. We should have a stop loss in place at 141though. 140.59 is the first level of resistance above 138.665, and by rule, any test of resistance is a short signal. In this case, if resistance 140.59 is being tested, so a short signal would exist.

Swing Trading Plans for AWK

• Buy AWK slightly over 140.59, target 150.2, Stop Loss @ 140.18 Details

If 140.59 begins to break higher, the technical summary data tells us to buy AWK just slightly over 140.59, with an upside target of 150.2. The data also tells us to set a stop loss @ 140.18 in case the stock turns against the trade. 140.59 is the first level of resistance above 138.665, and by rule, any break above resistance is a buy signal. In this case, 140.59, initial resistance, would be breaking higher, so a buy signal would exist. Because this plan is based on a break of resistance, it is referred to as a Long Resistance Plan.

• Short AWK slightly near 140.59, target 138.19, Stop Loss @ 141. Details

The technical summary data is suggesting a short of AWK if it tests 140.59 with a downside target of 138.19. We should have a stop loss in place at 141 though in case the stock begins to move against the trade. By rule, any test of resistance is a short signal. In this case, if resistance, 140.59, is being tested a short signal would exist. Because this plan is a short plan based on a test of resistance it is referred to as a Short Resistance Plan.

Day Trading Plans for AWK

• Buy AWK slightly over 140.11, target 140.59, Stop Loss @ 139.78 Details

If 140.11 begins to break higher, the technical summary data tells us to buy AWK just slightly over 140.11, with an upside target of 140.59. The data also tells us to set a stop loss @ 139.78 in case the stock turns against the trade. 140.11 is the first level of resistance above 138.665, and by rule, any break above resistance is a buy signal. In this case, 140.11, initial resistance, would be breaking higher, so a buy signal would exist. Because this plan is based on a break of resistance, it is referred to as a Long Resistance Plan.

• Short AWK slightly near 140.11, target 138.36, Stop Loss @ 140.44. Details

The technical summary data is suggesting a short of AWK if it tests 140.11 with a downside target of 138.36. We should have a stop loss in place at 140.44 though in case the stock begins to move against the trade. By rule, any test of resistance is a short signal. In this case, if resistance, 140.11, is being tested a short signal would exist. Because this plan is a short plan based on a test of resistance it is referred to as a Short Resistance Plan.

Check the time stamp on this data. Updated AI-Generated Signals for American Water Works Company Inc. (AWK) available here: AWK.

AWK Ratings for November 21:

Term →	Near	Mid	Long
Rating	Strong	Neutral	Strong
P1	0	0	130.93
P2	138.36	134.29	140.59
P3	140.11	138.19	150.2

AI Generated Signals for AWK

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Prudent Investment Analysis requires observations of the support and resistance levels for American Water Works Company Inc. (NYSE: AWK) too.  These define prudent trading plans.

Warning:

This is a static report, the data below was valid at the time of the publication, but support and resistance levels for AWK change over time, so the report should be updated regularly.  Real Time updates are provided to subscribers.  Unlimited Real Time Reports.

Subscribers also receive market analysis, stock correlation tools, macroeconomic observations, timing tools, and protection from market crashes using Evitar Corte.  

Instructions:

The rules that govern the data in this report are the rules of Technical Analysis.  For example, if AWK is testing support buy signals surface, and resistance is the target.  Conversely, if resistance is being tested, that is a sign to control risk or short, and support would be the downside target accordingly.  In each case, the trigger point is designed to be both an ideal place to enter a position (avoid trading in the middle of a trading channel), and it acts as a level of risk control too.

Swing Trades, Day Trades, and Longer term Trading Plans:

This data is refined to differentiate trading plans for Day Trading, Swing Trading, and Long Term Investing plans for AWK too.  All of these are offered below the Summary Table.