Learn to Evaluate (AWK) using the Charts
October 09, 2024, 08:30 am ET, BY Barry C.- Contributor| Editor: Thomas H. Kee Jr. (Follow on LinkedIn)
Longer Term Trading Plans for AWK
- Buy AWK near 130.71 target 140.15 stop loss @ 130.33 Details
The technical summary data tells us to buy AWK near 130.71 with an upside target of 140.15. This data also tells us to set a stop loss @ 130.33 to protect against excessive loss in case the stock begins to move against the trade. 130.71 is the first level of support below 137.39 , and by rule, any test of support is a buy signal. In this case, support 130.71 would be being tested, so a buy signal would exist.
- Short AWK slightly under 140.15, target 130.71, stop loss @ 140.55 Details
The technical summary data is suggesting a short of AWK as it gets near 140.15 with a downside target of 130.71. We should have a stop loss in place at 140.55though. 140.15 is the first level of resistance above 137.39, and by rule, any test of resistance is a short signal. In this case, if resistance 140.15 is being tested, so a short signal would exist.
Swing Trading Plans for AWK
- Buy AWK slightly over 140.15, target 142.46, Stop Loss @ 139.75 Details
If 140.15 begins to break higher, the technical summary data tells us to buy AWK just slightly over 140.15, with an upside target of 142.46. The data also tells us to set a stop loss @ 139.75 in case the stock turns against the trade. 140.15 is the first level of resistance above 137.39, and by rule, any break above resistance is a buy signal. In this case, 140.15, 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 140.15, target 137.39, Stop Loss @ 140.55. Details
The technical summary data is suggesting a short of AWK if it tests 140.15 with a downside target of 137.39. We should have a stop loss in place at 140.55 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, 140.15, 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 140.15, target 142.46, Stop Loss @ 139.82 Details
If 140.15 begins to break higher, the technical summary data tells us to buy AWK just slightly over 140.15, with an upside target of 142.46. The data also tells us to set a stop loss @ 139.82 in case the stock turns against the trade. 140.15 is the first level of resistance above 137.39, and by rule, any break above resistance is a buy signal. In this case, 140.15, 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 140.15, target 137.39, Stop Loss @ 140.48. Details
The technical summary data is suggesting a short of AWK if it tests 140.15 with a downside target of 137.39. We should have a stop loss in place at 140.48 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, 140.15, 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 October 09:
Term → | Near |
Mid |
Long |
Rating |
Weak |
Weak |
Strong |
P1 |
0 |
0 |
130.71 |
P2 |
134.33 |
137.39 |
140.15 |
P3 |
137.29 |
142.46 |
149.69 |
AI Generated Signals for AWK
Blue = Current Price
Red= Resistance
Green = Support
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When #institutionalinvestors make decisions to buy and sell #stocks they normally want to keep it quiet. However, if we pay close attention we can see what is going on, and make good decisions.. The American Water Works Company Inc. (NYSE: AWK) report below can help you understand how to do this. The trading plans for AWK, are updated in real time for subscribers, but this report is static. If you want an update, or a different report on a different stock, please get one here Unlimited Real Time Reports.
Fundamental Charts for AWK: