California Water Service Group (CWT)

California Water Service Group is trading at $49.93, up 0.54% on the session. The 50 day average sits at $48.86 and the 200 day at $n/a, which puts the stock in a mixed technical position. RSI is at 53.6, which reads as neutral, and MACD is bearish crossover. Volume is below average.

The nearest support is around $50.05 with resistance near $50.71, so that band frames the current range. Average daily movement is roughly $1.23, or about 2.5% of the share price, which is what any stop placement has to allow for. The overall health score of 62 out of 100 combines a trend score of 72, momentum of 41 and a risk score of 77.

California Water Service Group, through its subsidiaries, provides water utility and other related services in California, Washington, New Mexico, Hawaii, and Texas. It is involved in the production, purchase, storage, treatment, testing, distribution, and sale of water for domestic, industrial, public, and irrigation uses, as well as for fire protection services. The company offers its services to approximately 500,000 customer connections in 20 separate districts; approximately 6,800 water and wastewater customer connections on the islands of Kauai, Maui, Oahu, and Hawaii; approximately 38,500 customer connections in the Tacoma, Olympia, Graham, Spanaway, Puyallup, Rainier, Yelm, and Gig Harbor areas; and approximately 11,800 water and wastewater customer connections in Rio Communities, Rio Del Oro, Meadow Lake, Indian Hills, Squaw Valley, Elephant Butte, Morningstar, Sandia Knolls, Juan Tomas, Monterey, and Cypress Gardens systems. The company also engages in the provision of non-regulated water-related services, including operating of municipally owned water systems, privately owned water, and recycled water distribution systems; water system operation, meter reading, and billing services to private companies and municipalities; leasing of communication antenna sites on its properties; and billing of optional third-party insurance programs to its residential customers. In addition, it provides wastewater collection and treatment services. California Water Service Group was founded in 1926 and is headquartered in San Jose, California.