CHESAPEAKE UTILITIES CORP (CPK)
US1653031088 - Common Stock
We assign a technical rating of 4 out of 10 to CPK. CPK has been a bad performer in the overall market. Some doubts are observed in the medium term time frame, but recent action was again very positive.
When comparing the yearly performance of all stocks, CPK is a bad performer in the overall market: 72% of all stocks are doing better.
The short term trend is positive, while the long term trend is neutral. So this is evolving in the right direction.
In the last month CPK has a been trading in the 98.32 - 107.75 range, which is quite wide. It is currently trading near the high of this range.
Prices have been consolidating recently, this may present a good entry opportunity.
CPK is an average performer in the Gas Utilities industry, it outperforms 53% of 14 stocks in the same industry.
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.
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. There is a resistance zone just above the current price starting at 106.42. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 105.09, a Stop Loss order could be placed below this zone. Very recently a Pocket Pivot signal was observed. This is another positive sign.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
98.66
123.39
We found 2 important support areas.
- A support zone ranging from 103.69 to 105.09. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 99.66 to 100.64. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 2 important resistance areas.
- A resistance zone ranging from 106.42 to 107.30. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @122.17 from a trend line in the weekly time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS28.41
Mansfield-1.22
10 Day High107.16
10 Day Low98.32
20 Day High107.75
20 Day Low98.32
52 Week High132.91
52 Week Low83.8
Performance
1 Week0.31%
2 Weeks3.01%
1 Month-2.02%
3 Month3.22%
6 Month18.95%
12 Month-14.87%
2 Year-16.01%
3 Year-11.3%
5 Year13.48%
10 Year149.28%
15 Year438.39%
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)
Technical Indicators
MACD(12,26,9)0.42
RSI(14)53.93
LBB98.45
UBB108.17
CHESAPEAKE UTILITIES CORP
NYSE:CPK (4/26/2024, 7:04:00 PM)
After market: 105.13 0 (0%)105.13
-1.04 (-0.98%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorUtilities
GICS IndustryGas Utilities
Performance
% Chg-0.98%
1 Week0.31%
2 Weeks3.01%
1 Month-2.02%
3 Month3.22%
6 Month18.95%
12 Month-14.87%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)2.05
ATR(20)%1.87%
ATR Inc
Range Today1.37
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High107.16
10 Day Low98.32
20 Day High107.75
20 Day Low98.32
52 Week High132.91
52 Week Low83.8
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume72.10K
Volume Incr-11.54%
Vol(5)83.82K
Vol(50)120.24K