BLACK HILLS CORP (BKH) Stock Technical Analysis
USA - NYSE:BKH - US0921131092 - Common Stock
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.
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.
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55.18
When analyzing the support we can see 6 important areas.
- A support zone ranging from 65.85 to 66.73. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 62.78 to 63.57. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @61.35 from a horizontal line in the daily time frame.
- A support zone ranging from 58.46 to 60.36. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @57.34 from a trend line in the weekly time frame.
- Support @55.74 from a horizontal line in the weekly time frame.
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 | 76.04 | POSITIVE | BKH has a high relative strength, it outperformed 76.04% off all stocks 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) | 67.34 | NEUTRAL | The RSI value for BKH is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.43 | POSITIVE | The MACD value suggests BKH has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 85.77 | OVERBOUGHT | The high Stochastics value suggests BKH may be overbought. |
| Average True Range in percent/ATR (20) | 2.14 | MEDIUM VOLATILITY | The ATR as a percentage value for BKH suggests some volalility. |
| Average Directional Index/ADX (14) | 34.89 | POSITIVE | The high ADX value value for BKH suggests a strong trend. |
69.94
-0.36 (-0.51%)
BLACK HILLS CORP / BKH FAQ
What is the technical rating for BKH stock?
ChartMill assigns a technical rating of 8 / 10 to BKH.
What is the trend direction for BKH stock?
The current trend direction for BLACK HILLS CORP (BKH) is Bullish.
What is the RSI signal for BKH stock?
BLACK HILLS CORP (BKH) has an RSI value of 67.3446. This indicates that the stock is currently neutral.
What is the buy/sell signal for BLACK HILLS CORP (BKH) stock?
The buy/sell signal for BLACK HILLS CORP (BKH) is buy as both the short term and long term trends are positive.
Can you provide the support and resistance levels for BLACK HILLS CORP?
BLACK HILLS CORP (BKH) has a support level at 66.73. Check the full technical report for our detailed analysis of BKH support and resistance levels.