AWK stock: buy or sell
Updated on:
Apr 22nd, 2021
1
AWK stock brief
- American Water Works stock slightly moved -0.19% to close at $161.00 on the stock market on Wednesday.
- From the chart point view, price is drawing an scaled downtrend since November 2020 with lower tops and lower bottoms. shares price lost a -6.38% since the downtrend started.
- 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 rise higher. Simply, it doesn't match our recommended trading systems
Should I sell American Water Works stock?
Do you know when is it time to sell American Water Works?. Like when we have to buy shares, deciding when is the best time to sell is not a fickle decision, and we must adhere our own trading style. We like very simple strategies to guide us on when is a good time to sell our shares. Be aware that these strategies are not intended for shorting American Water Works stock
A guiding principle is that you must never hold an investment that results in greater losses than those expected by the time of purchase. When 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 profit can keep their positions
American Water Works ratings
In the previous 30 days we couldn't find any rating for American Water Works
American Water Works stock analysis
American Water Works continues in downtrend since November 2020, and has accumulated a selloff of -6.38%. The stock plotted 2 consecutive lower tops.
SMAs overview
Supports and resistances
The current resistances are:
The current supports are:
Bollinger bands
Since the price surpassed the upper band on Tuesday, the price has corrected downwards by 0.86%. The price is trading near to the upper Bollinger band, poiting some level of overbought in recent sessions. This is not a sell point, as price can trade in these levels for many days and weeks
Relative strength index
Climbed over the 70 level Wednesday, marking a value of 72.42. Contrary to what many investors may think, the fact that the value is above 70 does not imply a sell point, as stocks can climb during several weeks being above 70
American Water Works stock price history
American Water Works IPO was on Apr 23rd, 2008 at $14.76 per share1. Since then, AWK stock has risen by 990.79%, with an average of 76.21% per year. An investment of $1,000USD on Apr 2008 would worth $10,907.86 today.
1: Adjusted price after possible price splits or reverse-splits
Price target for American Water Works stock
Nobody knows how much a share will be priced in the future. However, many stock price predictions are published every day by banks, financial institutions and independent analysts.
Along with buy or sell recommendations, brokerage institutions publish their price estimates based on the stock price action and the company fundamental data. Most of these predictions follow the publication of new fundamental information by the company, and usually. If you are a small trader you don't have to invest based on these forecasts.
In the previous month we couldn't find any price target posted for American Water Works stock.
Earnings and financials
American Water Works Company, Inc. ($AWK) came out with earnings of $0.80 per share last February, meeting the Wall St consensus estimate of $0.80 per share. Revenue resulted of $923.0 million in contrast to $975.0 million predicted by analysts.
This compares to Earnings of $0.73 per share a year ago, so current EPS is an increase of 9.59%. Looking at sales, figures barely changed compared to $9.0B same quarter 12 months ago.AWK ($AWK) is presenting financial report next Wednesday. Forecasted for this quarter is $0.73, compared to $0.80 that was reported for Q4.
American Water Works performance
| Company | 1m | 3m | 6m |
|---|---|---|---|
| American Water Works ($AWK) | 14.80% | -1.00% | 4.40% |
Important:
The thoughts written in this post are personal and should not be followed as recommendations for you to buy or sell shares. The author of this document does not know the individual 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 Opinions are posted for education reasons onlyAWK summary
| Wednesday, April 21st, 2021 | |
|---|---|
| Open | $162.29 |
| Close | $161 |
| Day range | $159.83 - $162.5 |
| Previous close | $161.31 |
| Session gain | -0.19% |
| Average true range | $3.18 |
| 50d mov avg | $148.69 |
| 100d mov avg | $151.54 |
| 200d mov avg | $149.04 |
| Earnings date | May 5th, 2021 |