CHESAPEAKE UTILITIES CORP (CPK) Stock Technical Analysis
NYSE:CPK - US1653031088 - Common Stock
125.58 USD
+1.12 (+0.9%)
125.58 USD
0 (0%)
We assign a technical rating of 4 out of 10 to CPK. In the past year, CPK was only an average performing stock in the market. The medium term picture is unclear, although we see some positive events in recent action.
CPK is one of the lesser performing stocks in the Gas Utilities industry. 61% of 14 stocks in the same industry do better.
In the last month CPK has a been trading in the 120.03 - 127.72 range, which is quite wide. It is currently trading in the middle of this range where prices have been consolidating recently, this may present a good entry opportunity, but some resistance may be present above.
Both the short term and long term trends are neutral. So this is not the most entertaining stock around.
When compared to the yearly performance of all other stocks, CPK outperforms 50% of them, which is more or less in line with the market.
CPK is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so CPK is lagging the market.
Although the technical rating is only medium, CPK does present a nice setup opportunity. Prices have been consolidating lately. There is a support zone below the current price at 125.22, a Stop Loss order could be placed below this zone.
More info and screens
114.84
136.87
2 important support areas can be observed.
- A support zone ranging from 121.32 to 125.22. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 116.00 to 118.70. This zone is formed by a combination of multiple trend lines in multiple time frames.
3 important resistance areas can be observed.
- Resistance @126.33 from a trend line in the daily time frame.
- A resistance zone ranging from 132.32 to 133.18. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 135.51 to 135.51. 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 CPK is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for CPK is neutral. |
| ChartMill Relative Strength | 50.1 | NEUTRAL | CPK is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of CPK is above the rising 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) | DOWN | MIXED | The current price of CPK is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 59 | NEUTRAL | The RSI value for CPK is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.04 | NEGATIVE | The MACD value suggests CPK has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 41.49 | NEUTRAL | The Stochastics value for CPK is a neutral value. |
| Average True Range in percent/ATR (20) | 1.63 | LOW VOLATILITY | The low ATR as a percentage value for CPK suggests low volalility. |
| Average Directional Index/ADX (14) | 12.42 | NEGATIVE | The low ADX value for CPK 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)
125.58
+1.12 (+0.9%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorUtilities
GICS IndustryGas Utilities
Performance
% Chg0.9%
1 Week1.73%
2 Weeks0.78%
1 Month3.52%
3 Month5.8%
6 Month-3.67%
12 Month6.14%
2 Year28.47%
3 Year8.83%
5 Year48.97%
10 Year136.59%
15 Year420.07%
Volatility
ATR(14)1.98
ATR(20)%1.63%
ATR Inc8.35%
Range Today2.05
ADR(20)1.99
ADR(20)%1.58%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS50.1
Mansfield-0.79
10 Day High127.72
10 Day Low122
20 Day High127.72
20 Day Low120.03
52 Week High136.73
52 Week Low115.12
CS1 End125.22
CR1 Start126.33
Volume & EV
DER(3)-0.27%
DER(5)-1.08%
Volume97.30K
Volume Incr2.87%
Vol(5)105.34K
Vol(50)114.76K