California Water Service Group

CWT remains in a Stage 2 advancing regime with clear higher highs and higher lows, underpinned by a bullish Parabola pattern. Medium- and long-term biases are bullish, supported by rising moving averages and structural momentum, but price is currently extended above EMAs and in extreme overbought territory. Given the Stable strategy’s preference for controlled engagement and the vulnerability inherent in steep parabolic moves, it is prudent to defer execution until a consolidation or pullback into rising support areas.

• ↑Q1 capex rose 17%; 2026 infrastructure spend guided at $627M
• ↑Nexus Water acquisition adds up to 100,000 Texas connections
• ↓Q1 net income fell to $4M ($0.07/share) vs. $13.3M ($0.22/share) prior year