CHESAPEAKE UTILITIES CORP (CPK) Stock Technical Analysis
NYSE:CPK - New York Stock Exchange, Inc. - US1653031088 - Common Stock - Currency: USD
Overall CPK gets a technical rating of 1 out of 10. CPK 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.
The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
CPK is one of the lesser performing stocks in the Gas Utilities industry. 69% of 14 stocks in the same industry do better.
When compared to the yearly performance of all other stocks, CPK outperforms 56% 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 trading in the upper part of its 52 week range, so CPK is lagging the market slightly.
In the last month CPK has a been trading in the 115.24 - 136.28 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Considerably lower volume is observed in the last couple of days.
CPK has a poor technical rating and the quality of the setup is also 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
114.84
136.87
When analyzing the support we notice one important area.
- A support zone ranging from 116.00 to 117.99. This zone is formed by a combination of multiple trend lines in multiple time frames.
3 important resistance areas can be observed.
- A resistance zone ranging from 124.17 to 128.04. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @133.18 from a horizontal line in the daily time frame.
- 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 | DOWN | NEGATIVE | The long term trend for CPK is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for CPK is down. |
| ChartMill Relative Strength | 56.68 | 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) | DOWN | NEGATIVE | The current price of CPK is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | MIXED | The current price of CPK is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 39.42 | NEUTRAL | The RSI value for CPK is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.32 | NEGATIVE | The MACD value suggests CPK has a negative trend. |
| Stochastics (14,3) | 30.87 | NEUTRAL | The Stochastics value for CPK is a neutral value. |
| Average True Range in percent/ATR (20) | 2.74 | MEDIUM VOLATILITY | The ATR as a percentage value for CPK suggests some volalility. |
| Average Directional Index/ADX (14) | 24.64 | NEUTRAL | The ADX value for CPK suggests a possible start of a new 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)
120.33
-2.67 (-2.17%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorUtilities
GICS IndustryGas Utilities
Performance
% Chg-2.17%
1 Week-3.77%
2 Weeks1.09%
1 Month-8.83%
3 Month-5.2%
6 Month-8.67%
12 Month7.43%
2 Year-5.77%
3 Year-9.91%
5 Year33.2%
10 Year128.63%
15 Year500.25%
Volatility
ATR(14)3.62
ATR(20)%2.74%
ATR Inc-36.83%
Range Today2.77
ADR(20)3.22
ADR(20)%2.68%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS56.68
Mansfield-0.41
10 Day High126.5
10 Day Low115.24
20 Day High136.28
20 Day Low115.24
52 Week High136.73
52 Week Low102.64
CS1 End117.99
CR1 Start124.17
Volume & EV
DER(3)1.61%
DER(5)1.28%
Volume71.09K
Volume Incr-46.01%
Vol(5)69.34K
Vol(50)137.43K