Essential Utilities, Inc. (WTRG)

Essential Utilities, Inc. is trading at $41.06, up 1.76% on the session. The 50 day average sits at $38.85 and the 200 day at $n/a, which puts the stock in a mixed technical position. RSI is at 57, which reads as strong, and MACD is bearish crossover. Volume is below average.

The nearest support is around $38.97 with resistance near $40.57, so that band frames the current range. Average daily movement is roughly $0.91, or about 2.2% of the share price, which is what any stop placement has to allow for. The overall health score of 67 out of 100 combines a trend score of 72, momentum of 54 and a risk score of 79.

Essential Utilities, Inc., through its subsidiaries, operates regulated utilities that provide water, wastewater, and natural gas services in the United States. The company operates through Regulated Water; and Regulated Natural Gas segments. It also provides utility service line protection solutions and repair services to households; gas marketing and production activities; and natural gas distribution services. The company serves approximately 5.5 million residential water, commercial water, fire protection, industrial water, wastewater, and other water and utility customers in Pennsylvania, Ohio, Texas, Illinois, North Carolina, New Jersey, Indiana, Virginia, and Kentucky under the Aqua and Peoples brands. The company was formerly known as Aqua America, Inc. and changed its name to Essential Utilities, Inc. in February 2020. Essential Utilities, Inc. was founded in 1886 and is headquartered in Bryn Mawr, Pennsylvania.