Essential Utilities WTRG Stock & Option Trade Ideas

Based on the technical data for WTRG, we can determine the bullish or bearish sentiment and suggest potential stock or option trades:

Bullish or Bearish Sentiment:

MACD (Moving Average Convergence Divergence): The MACD line has been consistently above the signal line since early May, indicating a bullish sentiment.

RSI (Relative Strength Index): The RSI has shown periods of oversold and overbought conditions, but overall, it has been trending upwards, suggesting a bullish sentiment.

Potential Stock or Option Trades:

Stock Trade: Consider buying WTRG stock as it shows a bullish sentiment with the MACD and RSI indicating positive momentum. Look for entry points near the lower Bollinger Band for a potential buying opportunity.

Option Trade: For a more leveraged play, consider buying call options on WTRG. Look for options with a strike price near the current stock price and with an expiration date that aligns with your trading timeframe.

Remember to conduct further analysis and risk management before executing any trades based on this information.