CHESAPEAKE UTILITIES CORP (CPK) Stock Technical Analysis
USA - NYSE:CPK - US1653031088 - Common Stock
132.03 USD
-2.29 (-1.7%)
132.03 USD
0 (0%)
We assign a technical rating of 6 out of 10 to CPK. In the last year, CPK was a medium performer in the overall market. The medium term is still looking fine, but we see some doubts in the very recent evolution.
In the last month CPK has a been trading in the 130.50 - 140.59 range, which is quite wide. It is currently trading near the lows of this range.
The long term trend is positive and the short term trend is neutral. The long term trend may just continue or reversal may be around the corner!
CPK 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 CPK is lagging the market slightly.
When compared to the yearly performance of all other stocks, CPK outperforms 66% of them, which is more or less in line with the market.
CPK is part of the Gas Utilities industry. There are 14 other stocks in this industry, CPK did better than 46% of them.
CPK has only a medium technical rating, but it does show a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. A pullback is taking place, which may present a nice opportunity for an entry.
More info and screens
114.84
140.21
We found 3 important support areas.
- Strong support @125.22 from a horizontal line in the daily time frame.
- A support zone ranging from 122.65 to 123.16. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 116.00 to 120.22. This zone is formed by a combination of multiple trend lines in multiple time frames.
We found 1 important resistance area.
- A resistance zone ranging from 137.59 to 138.82. 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 | UP | POSITIVE | The long term trend for CPK is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for CPK is neutral. |
| ChartMill Relative Strength | 66.08 | NEUTRAL | CPK is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of CPK is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of CPK is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of CPK is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 48.11 | NEUTRAL | The RSI value for CPK is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.82 | NEGATIVE | The MACD value suggests CPK has a negative trend. |
| Stochastics (14,3) | 19.15 | OVERSOLD | The low Stochastics value suggests CPK may be oversold. |
| Average True Range in percent/ATR (20) | 1.96 | LOW VOLATILITY | The low ATR as a percentage value for CPK suggests low volalility. |
| Average Directional Index/ADX (14) | 25.57 | POSITIVE | The high ADX value value for CPK suggests a strong 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)
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 134.98 | 131.51 | 3.47 (2.57%) | 25.00% |
| An entry @134.98. This is a Buy Stop order right above the 10 day moving average. | An exit @131.51. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 3.47 points, which is 2.57%. | For a 0.64% total portfolio risk, you can invest 25.00% of your capital in this trade. |
- The distance between exit and entry is rather small compared to the average daily movement of CPK. Please evaluate whether better entry and exit points can be found.
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
132.03
-2.29 (-1.7%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorUtilities
GICS IndustryGas Utilities
Performance
% Chg-1.7%
1 Week-1.7%
2 Weeks-4.41%
1 Month-0.67%
3 Month8.61%
6 Month-0.13%
12 Month9.43%
2 Year49%
3 Year6.15%
5 Year35.82%
10 Year152.88%
15 Year439.78%
Volatility
ATR(14)2.76
ATR(20)%1.96%
ATR Inc-9.25%
Range Today3.19
ADR(20)2.58
ADR(20)%1.96%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS66.08
Mansfield-0.59
10 Day High140.59
10 Day Low131.52
20 Day High140.59
20 Day Low130.5
52 Week High140.59
52 Week Low115.12
CS1 End125.22
CR1 Start137.59
Volume & EV
DER(3)1.05%
DER(5)0.72%
Volume108.30K
Volume Incr2.69%
Vol(5)160.24K
Vol(50)129.98K