BLACK HILLS CORP (BKH) Technical Analysis
NYSE:BKH • US0921131092
Current stock price
BKH Technical Rating and Analysis
Taking everything into account, BKH scores 8 out of 10 in our technical rating. Although BKH is only a medium performer in the overall market, the technical picture looks good in both the medium and short term time frames.
- The long and short term trends are both positive. This is looking good!
- BKH is part of the Multi-Utilities industry. There are 26 other stocks in this industry. BKH outperforms 88% of them.
- BKH is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so BKH is lagging the market slightly.
- In the last month BKH has a been trading in the 67.45 - 78.69 range, which is quite wide. It is currently trading near the high of this range.
- BKH has an average volume of 1040490 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- When compared to the yearly performance of all other stocks, BKH outperforms 61% of them, which is more or less in line with the market.
- Volume is considerably higher in the last couple of days.
BKH Weekly and Daily overview Charts
BKH Setup Rating and Analysis
Although BKH has an excellent technical rating, it does not present a decent entry opportunity at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
BKH Support and Resistance Analysis
57.81
We found 3 important support areas.
- A support zone ranging from 71.70 to 72.39. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 67.50 to 69.54. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @58.39 from a trend line in the weekly time frame.
BKH Technical Indicator Signal Analysis
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | UP | POSITIVE | The long term trend for BKH is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for BKH is up. |
| ChartMill Relative Strength | 61.16 | NEUTRAL | BKH is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of BKH is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of BKH is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of BKH is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 64.41 | NEUTRAL | The RSI value for BKH is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.71 | POSITIVE | The MACD value suggests BKH has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 80.17 | OVERBOUGHT | The high Stochastics value suggests BKH may be overbought. |
| Average True Range in percent/ATR (20) | 2.48 | MEDIUM VOLATILITY | The ATR as a percentage value for BKH suggests some volalility. |
| Average Directional Index/ADX (14) | 23.06 | NEUTRAL | The ADX value for BKH suggests a possible start of a new trend. |
BKH Chart- and CandleStick Pattern Analysis
BKH Technicals: Chart, Performance Metrics, Trend & Indicators
76.07
-0.76 (-0.99%)
BLACK HILLS CORP / BKH TA FAQ
What is the technical rating for BKH stock?
ChartMill assigns a technical rating of 8 / 10 to BKH.
What is the current trend direction of BLACK HILLS CORP (BKH) stock?
The current trend direction for BLACK HILLS CORP (BKH) is Bullish.
What is the RSI signal for BLACK HILLS CORP (BKH) stock?
BLACK HILLS CORP (BKH) has an RSI value of 64.4137. This indicates that the stock is currently neutral.
Can you provide the short term momentum for BLACK HILLS CORP?
The short term momentum for BLACK HILLS CORP (BKH) is positive.
What is the buy/sell signal for BKH stock?
The buy/sell signal for BLACK HILLS CORP (BKH) is buy as both the short term and long term trends are positive.