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Asset Summary

Weekly Performance Report for AWK ETF: Week 45, 2024

Summary: The Weekly started with AWK ETF opening at $136.45 and closing at $133.58. The ETF showed weakness throughout the Weekly, with the highest price observed at $137.13 and the lowest at $131.52. The underlying asset had a trading range of $5.61 Overall, it was a negative trading Weekly for AWK ETF, reflecting investor pessimism and market activity.

Change in Closing Price: There was a net decrease of $-2.87 or -2.10% in the closing price from the opening to the closing price over the Weekly.

Volume Analysis: Trading volume for AWK ETF was 4,621,670 units during Week 45, indicating active market participation and investor interest.

Opening Price: The Weekly started at $136.45.

Highest Price: The highest price observed during the Weekly was $137.13.

Lowest Price: The lowest price observed during the Weekly was $131.52.

Closing Price: The Weekly ended at $133.58.

Asset Performance Metrics and Risk Characteristics:

Understanding asset performance is crucial for evaluating investment quality and making informed decisions. Metrics like trailing return and drawdown provide insights into how an asset has performed over time, its volatility, and the efficiency of its returns relative to risk. Performance indicators help assess the stability, risk, and reward of an investment, allowing investors and portfolio managers to make comparisons and strategize accordingly.

Asset Technical Analysis

Technical analysis involves evaluating an asset's price and volume data to forecast future movements and make informed trading decisions. By using various technical indicators and chart patterns, investors can gain insights into market trends, price momentum, and potential turning points. This section delves into essential technical metrics, including moving averages, pivot points, and other indicators that provide a snapshot of an asset's current technical stance. Analyzing these indicators helps investors identify entry and exit points, assess market sentiment, and refine their trading strategies. Explore the following technical analysis data to understand the asset's performance dynamics and make better-informed decisions.

Moving Averages

Moving Averages are commonly used to smooth out price data and identify trends over a specific period. Here’s a summary of the latest moving averages for various periods:

  • SMA (Simple Moving Average): Reflects the average price over a specific number of periods.
  • EMA (Exponential Moving Average): Gives more weight to recent prices, making it more responsive to new information.
  • WMA (Weighted Moving Average): Assigns a weight to each price, emphasizing more recent prices.
  • WEMA (Weighted Exponential Moving Average): Combines elements of both WMA and EMA for a more responsive moving average.

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Frequently Asked Questions

Yes, AWK can be held in retirement accounts such as IRAs or 401(k)s, allowing for tax-advantaged growth.

AWK reports its financial performance quarterly and annually, providing updates on earnings, revenue, and operational performance to shareholders and the public.

Historically, AWK has demonstrated steady growth and has been resilient in various market conditions due to the essential nature of its services.

American Water provides water and wastewater services to residential, commercial, and industrial customers, ensuring safe and reliable water supply and sanitation.

American Water has a history of paying dividends and aims to provide consistent dividend growth, reflecting its stable cash flow and operational performance.

AWK adheres to strict regulatory standards and implements comprehensive monitoring and treatment processes to ensure the safety and quality of its water supply.

AWK invests in infrastructure improvements and conservation programs to promote efficient water use and reduce environmental impact, including initiatives for water quality and conservation.

Risks include regulatory changes, weather-related impacts on water supply, infrastructure investment requirements, and potential competition in certain markets.

Investing in AWK may be considered stable due to its consistent demand for water services, but investors should evaluate their financial goals and market conditions before investing.

American Water is headquartered in Camden, New Jersey, USA.

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Disclaimers

The information displayed on this site is sourced from third-party providers and is believed to be reliable. RankMyTrade (RMT) has not independently verified this data and does not guarantee its accuracy. The information and calculations provided by RankMyTrade are for educational and informational purposes only and should not be construed as financial or investment advice.

With any investment, your capital is at risk. The value of your portfolio go down as well as up. Past performance is no guarantee of future results. By using this website, you accept our Terms of Service, Privacy Policy, and Payment Agreement.

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