Waters Corporation (WAT)

Waters Corporation is trading at $403.47, down 1.05% on the session. The 50 day average sits at $377.22 and the 200 day at $n/a, which puts the stock in a mixed technical position. RSI is at 67.1, which reads as strong, and MACD is bullish crossover. Volume is below average.

The nearest support is around $367.06 with resistance near $420.26, so that band frames the current range. Average daily movement is roughly $11.90, or about 2.9% of the share price, which is what any stop placement has to allow for. The overall health score of 75 out of 100 combines a trend score of 75, momentum of 83 and a risk score of 65.

Waters Corporation provides analytical workflow solutions in Asia, the Americas, and Europe. The company operates through two segments, Waters and TA. The company designs, manufactures, sells, and services liquid chromatography, as well as mass spectrometry (MS) technology systems and supports products, including chromatography columns, and other consumable products. It also designs, manufactures, sells, and services thermal analysis, rheometry, and calorimetry instruments for use in predicting the suitability and stability of fine chemicals, pharmaceuticals, water, polymers, metals, and viscous liquids for various industrial, consumer goods, and healthcare products, as well as for life science research; and develops and supplies software-based products that interface with its instruments, as well as other manufacturers' instruments. In addition, the company offers MS technology, which is used in drug discovery and development comprising clinical trial testing, the analysis of proteins in disease processes, nutritional safety analysis, and environmental testing. Its products are used by clinical, pharmaceutical, biochemical, industrial, nutritional safety, environmental, academic, and governmental customers working in research and development, quality assurance, and other laboratory applications. The company was founded in 1958 and is headquartered in Milford, Massachusetts.