BLACK HILLS CORP (BKH) Stock Technical Analysis
NYSE:BKH - New York Stock Exchange, Inc. - US0921131092 - Common Stock - Currency: USD
Taking everything into account, BKH scores 5 out of 10 in our technical rating. BKH has been an average performer in the overall market. Recently some decent action could be observed, but in the medium term time frame this is still negative.
BKH is one of the lesser performing stocks in the Multi-Utilities industry. 62% of 25 stocks in the same industry do better.
The long term trend is still neutral, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
When comparing the performance of all stocks over the past year, BKH turns out to be only a medium performer in the overall market: it outperformed 43% of all stocks.
BKH is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so BKH is lagging the market.
In the last month BKH has a been trading in a tight range between 55.79 and 59.08.
BKH has an average technical rating and also the quality of the setup is only medium 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
55.09
62.48
When analyzing the support we notice one important area.
- A support zone ranging from 55.65 to 57.66. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 59.44 to 61.86. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 | NEUTRAL | NEUTRAL | The long term trend for BKH is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for BKH is up. |
| ChartMill Relative Strength | 43.61 | 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) | DOWN | NEGATIVE | The current price of BKH is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 62.73 | NEUTRAL | The RSI value for BKH is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.21 | POSITIVE | The MACD value suggests BKH has a positive trend. |
| Stochastics (14,3) | 82.21 | OVERBOUGHT | The high Stochastics value suggests BKH may be overbought. |
| Average True Range in percent/ATR (20) | 1.57 | LOW VOLATILITY | The low ATR as a percentage value for BKH suggests low volalility. |
| Average Directional Index/ADX (14) | 12.91 | NEGATIVE | The low ADX value for BKH suggests a weak or negative trend. |
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
58.88
+1.06 (+1.83%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorUtilities
GICS IndustryMulti-Utilities
Performance
% Chg1.83%
1 Week5.39%
2 Weeks2.2%
1 Month4.32%
3 Month0.62%
6 Month-0.98%
12 Month3.05%
2 Year7.05%
3 Year-21.99%
5 Year4.99%
10 Year48.01%
15 Year93.49%
Volatility
ATR(14)0.95
ATR(20)%1.57%
ATR Inc8.62%
Range Today1.19
ADR(20)0.92
ADR(20)%1.56%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS43.61
Mansfield-0.81
10 Day High59.08
10 Day Low55.79
20 Day High59.08
20 Day Low55.79
52 Week High65.59
52 Week Low54.92
CS1 End57.66
CR1 Start59.44
Volume & EV
DER(3)0.48%
DER(5)0.35%
Volume644.10K
Volume Incr26.09%
Vol(5)761.12K
Vol(50)588.52K