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Technical Analysis
- 11/5/2009 8:32:41 AM
By Chip Brian, SmarTrend Analytics Team
Aqua America (NYSE:WTR) upgraded to Outperform from Neutral at Macquarie. The stock closed yesterday at $15.71 on volume of 1,237,100 shares, above average daily volume of 825,163.
Aqua America is currently below its 50-day moving average of $16.72 and below its 200-day moving average of $17.83.
SmarTrend is bearish on shares of WTR and our subscribers received a Downtrend alert on October 20, 2009 at $16.45, which has returned 4.5% to date.
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