Earnings ahead, the double bottom holds
American Water Works slips 0.3% into earnings week as the double bottom near 124 holds
Earnings ahead, the double bottom holds
Our view last week
American Water Works rebounds 3.4% off a double bottom in the 123 area, but volume doesn't fully back it: sellers ruled the last session and buyer dominance is fading. The second week of the buy signal closes with the trade still slightly negative since entry (-1.28%), and the model has flagged an early exit warning: the position continues with a tighter dynamic stop.
This week's summary
American Water Works bounces off a double bottom in the 124 area, but volume isn't confirming it: buyers remain under 40% of trading activity and cash flow is mildly negative. The week just closed slipped 0.3%, and the structure stays bullish but soft. The stock reports quarterly earnings this very week, an event worth watching closely. The trade is three weeks in, sitting at a slight loss since entry.
IQS Phase
49
ordinary
Signal Strength
33
medium · weak
Sizing
REDUCED
Ranking
#110 / 124
US stocks in progress
Trade P&L %
-1.61%
from signal to today
Rank position
ranks 110th among the 124 Longs already running for US stocks in our ranking, with a signal strength of 33 out of 100.
Sector context
SectorUtilities
Benchmark ETFXLU
Sector regimein positive regime
Performanceweekly +2.48% · monthly +1.65%
AWK belongs to the utilities sector (reference ETF XLU). The sector is classified in positive regime according to our weekly reading.
restricted Platinum content