BLACK HILLS CORP (BKH) Technical Analysis
NYSE:BKH • US0921131092
Current stock price
67.84 USD
-3.08 (-4.34%)
At close:
67.84 USD
0 (0%)
After Hours:
BKH Technical Rating and Analysis
Overall BKH gets a technical rating of 1 out of 10. BKH has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.
- In the last month BKH has a been trading in the 67.45 - 75.83 range, which is quite wide. It is currently trading near the lows of this range.
- Prices have been falling strongly lately, it is better to avoid new long positions here.
- BKH is one of the better performing stocks in the Multi-Utilities industry, it outperforms 72% of 26 stocks in the same industry.
- BKH has an average volume of 1025790 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- The short term trend is negative, the long term trend is neutral. Not much exciting going on here.
- Looking at the yearly performance, BKH did better than 71% of all other stocks. However, this overall performance is mostly based on the strong move around 4 months ago.
- BKH is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so BKH is lagging the market slightly.
BKH Weekly and Daily overview Charts
BKH Setup Rating and Analysis
The technical rating of BKH is bad and it also does not present a quality setup at the moment. Prices have been extended to the downside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
BKH Support and Resistance Analysis
55.18
76.52
We found 3 important support areas.
- A support zone ranging from 67.83 to 67.83. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @58.15 from a trend line in the weekly time frame.
- Support @55.74 from a horizontal line in the weekly time frame.
When analyzing the resistance we notice 3 important areas.
- Resistance @69.54 from a horizontal line in the daily time frame.
- A resistance zone ranging from 73.79 to 74.05. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @75.76 from a horizontal line in the daily 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 | NEUTRAL | NEUTRAL | The long term trend for BKH is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for BKH is down. |
| ChartMill Relative Strength | 71.25 | POSITIVE | BKH has a high relative strength, it outperformed 71.25% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of BKH is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of BKH is below a declining 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) | 31.46 | NEUTRAL | The RSI value for BKH is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.45 | NEGATIVE | The MACD value suggests BKH has a negative trend. |
| Stochastics (14,3) | 22.23 | NEUTRAL | The Stochastics value for BKH is a neutral value. |
| Average True Range in percent/ATR (20) | 2.72 | MEDIUM VOLATILITY | The ATR as a percentage value for BKH suggests some volalility. |
| Average Directional Index/ADX (14) | 19.81 | NEGATIVE | The low ADX value for BKH suggests a weak or negative trend. |
BKH Chart- and CandleStick Pattern Analysis
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)
BKH Technicals: Chart, Performance Metrics, Trend & Indicators
67.84
-3.08 (-4.34%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorUtilities
GICS IndustryMulti-Utilities
Performance
% Chg-4.34%
1 Week-6.38%
2 Weeks-7.71%
1 Month-7.51%
3 Month0.5%
6 Month15.75%
12 Month14.54%
2 Year24.25%
3 Year7.51%
5 Year1.6%
10 Year12.82%
15 Year102.87%
Volatility
ATR(14)2.08
ATR(20)%2.72%
ATR Inc29.99%
Range Today3.69
ADR(20)1.78
ADR(20)%2.62%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS71.25
3 months CRS72.08
6 months CRS86.44
Mansfield0.45
10 Day High73.43
10 Day Low67.45
20 Day High75.83
20 Day Low67.45
52 Week High75.87
52 Week Low54.92
CS1 End67.83
CR1 Start69.54
Volume & EV
DER(3)1.65%
DER(5)-0.07%
Volume2.51M
Volume Incr20.48%
Vol(5)1.13M
Vol(50)1.03M
BLACK HILLS CORP / BKH TA FAQ
What is the technical rating for BKH stock?
ChartMill assigns a technical rating of 1 / 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 Bearish.
Can you provide the RSI signal for BLACK HILLS CORP?
BLACK HILLS CORP (BKH) has an RSI value of 31.4558. This indicates that the stock is currently neutral.
What are the support and resistance levels for BLACK HILLS CORP (BKH) stock?
BLACK HILLS CORP (BKH) has a support level at 67.83 and a resistance level at 69.54. Check the full technical report for our detailed analysis of BKH support and resistance levels.