UU. building above its 200-dayA price action above 1029 supports a bullish trend direction.
Negate the bullish bias for a break below 996 (stop-loss).
Increase long exposure for a break above 1069.
Upside target is at 1165 (upper range of the linear regression channel pattern.
When a stock is building a base just above its 200-d
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0.99 USD
337.67 M USD
2.74 B USD
332.26 M
About United Utilities Group PLC
Sector
Industry
CEO
Louise Beardmore
Website
Headquarters
Warrington
Founded
2008
ISIN
US91311E1029
FIGI
BBG000BZFJQ3
United Utilities Group Plc engages in the provision of water and wastewater services. It collects water from the environment, which the firm cleans and stores before distributing it to customers for their use then collect it as wastewater and treat it before returning clean water back to the environment. The firm's wastewater treatment captures sludge which is then transported to its Bioresources treatment facilities. The firm's main treatment process uses digestion technologies to safely and compliantly treat the sewage sludge. The digestion treatment produces biogas which it uses to generate renewable energy and biosolids for onward use. The company was founded on April 1, 1989 and is headquartered in Warrington, the United Kingdom.
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United Utilities - Something in the water?Buy United Utilities (UU.L)
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Long, rising trend channel on the weekly chartHi all,
I only take positions on the daily/weekly chart when trading equity as they are not open 24/7 and I find my win rate is higher historically. I have taken this setup.
Reasons to go long
- 200 MA is being respected
- support at 889 level
- ascending channel touches support level at the 8
See all ideas
Summarizing what the indicators are suggesting.
Neutral
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Neutral
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Neutral
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Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
An aggregate view of professional's ratings.
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Neutral
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Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Displays a symbol's price movements over previous years to identify recurring trends.
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