AWK stock: buy or sell
Updated on:
Jan 16th, 2021
1
AWK stock brief
- American Water Works stock inched 1.09% to close at $159.72 on the stock market on Friday.
- The price is currently higher than the upper Bollinger band, which often indicates a near-term correction
- American Water Works Company, Inc., through its subsidiaries, provides water and wastewater services in the United States.
Should I buy American Water Works stock?
All successful traders recommend adhering to a trading strategy and not make decisions based on subjective opinions, rumors or feelings. Trading strategies are meant for helping you in the decision process of what stocks to pick and when is the best moment to buy them. At Stocks2.com, we like to use very simple but trusted and powerful trend following trading strategies. Simple things usually work the best
Is $AWK stock a buy?
In the current situation of American Water Works there is not any eligible buy setup. This doesn't mean we expect a selloff for $AWK in the next few days, or that it may not climb higher. Simply, it doesn't match our recommended trading systems
Should I sell American Water Works stock?
Knowing when to sell a stock is even harder than knowing when to buy it. Trading strategies let us to avoid impetuous decisions based on our feelings or the buzz that surrounds the market. When selling, as well as buying, detailed setups are very easy to follow and are only applicable for selling stocks you already own, not for shorting American Water Works stock
A golden rule is that you should not hold an operation that yields losses greater than those expected at the time of the buy. The moment to sell your stock should always be ruled by the stop-loss (automatic or manual)
Is it time to sell American Water Works stock?
In the current situation of American Water Works there is not any eligible sell setup, so American Water Works stock holders with operations in green can keep their positions
American Water Works ratings
In the last 30 days, just one brokerage rating was published for American Water Works
| Brokerage firm | Rating |
|---|---|
| Jan 7th, 2021 | |
| Atlantic Securities | Buy |
American Water Works stock analysis
SMAs overview
Supports and resistances
The current resistance levels are:
The current support levels are:
Bollinger bands
Price levels both above or below the Bollinger Bands indicate that the price has has trended strongly to extreme upward or downward values. In this case, the price is beyond the upper band, and that should mean a near-term correction (at least) until it is below the band
Relative strength index
The RSI dropped below the overbought level of 70 last November after just crossing to the overbough zone for a single day (weak signal). The RSI reading on Friday was 64.13. Since that level was lost, American Water Works price sank a 2.83%
American Water Works stock price history
American Water Works went public on Apr 23rd, 2008 at $14.73 per share1. Since then, AWK stock has risen by 984.32%, with an average of 82.03% per year. An investment of thousand dollars on Apr 2008 would worth $10,843.18 today.
1: Adjusted price after possible price splits or reverse-splits
Price target for American Water Works stock
How much a stock will be priced tomorrow or next week is quite unpredictable. Banks and financial organisations post their analysis forecasting how a particular stock will performance in the future.
Along with buy or sell recommendations, financial institutions publish their price estimates based on the stock price action and the company fundamental data. Most of these predictions follow the publication of new fundamental data by the company, and many times. Again, these targets are not direct recommendations for individual investors and must not be trusted blindly.
There is just one price target issued for American Water Works that forecasts a price of $173.00.
| Brokerage firm | Price target |
|---|---|
| Jan 7th, 2021 | |
| Atlantic Securities | $173.00 → $173.00 |
Earnings and financials
American Water Works ($AWK) hosted the quarterly investors event and released the report last November. AWK presented earnings of $1.46 per share on revenue of $1.1 billion. The consensus earnings estimate was $1.38 per share on revenue of $1.1 billion.
Compared to the same quarter one year ago, EPS was $1.33, so current EPS is a improvement of 9.77%. Looking at revenue, figures moved up a 6.52% compared to $10.1B same quarter 12 months ago.AWK ($AWK) will host the Q4 earnings call mid next February. Wall Street predicts of $0.81, compared to previous quarter that made $1.46.
American Water Works performance
| Company | 1m | 3m | 6m |
|---|---|---|---|
| American Water Works ($AWK) | 3.80% | 2.40% | 14.20% |
Disclaimer:
The viewpoints written in this article are personal and not recommendations for you to buy or sell shares. The author of this article does not have any knowledge of the specific positions of the reader, his or her financial statements or what is in his or her best interest at any given time. All users should speak with their financial advisor before buying or selling any securities Viewpoints are expressed for learning purposes onlyAWK summary
| Friday, January 15th, 2021 | |
|---|---|
| Open | $157.56 |
| Close | $159.72 |
| Day range | $157 - $160.3 |
| Previous close | $158 |
| Session gain | 1.09% |
| Average true range | $4.07 |
| 50d mov avg | $154.10 |
| 100d mov avg | $150.57 |
| 200d mov avg | $140.31 |
| Earnings date | February 16th, 2021 |