CHESAPEAKE UTILITIES CORP (CPK) Stock Technical Analysis
NYSE:CPK - New York Stock Exchange, Inc. - US1653031088 - Common Stock - Currency: USD
Taking everything into account, CPK scores 6 out of 10 in our technical rating. In the last year, CPK was an average performer in the market. There are positive signs in the very recent evolution, but the medium term picture is still mixed.
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 118.83 - 126.13 range, which is quite wide. It is currently trading near the high of this range.
When compared to the yearly performance of all other stocks, CPK outperforms 53% 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 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.
CPK has an average technical rating and also the quality of the setup is 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
We found 1 important support area.
- A support zone ranging from 116.00 to 122.91. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
3 important resistance areas can be observed.
- A resistance zone ranging from 125.04 to 125.22. This zone is formed by a combination of multiple trend lines 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 | UP | POSITIVE | The short term trend for CPK is up. |
| ChartMill Relative Strength | 53.45 | 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) | UP | POSITIVE | The current price of CPK is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 60.45 | NEUTRAL | The RSI value for CPK is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.56 | POSITIVE | The MACD value suggests CPK has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 90.53 | OVERBOUGHT | The high Stochastics value suggests CPK may be overbought. |
| Average True Range in percent/ATR (20) | 1.61 | LOW VOLATILITY | The low ATR as a percentage value for CPK suggests low volalility. |
| Average Directional Index/ADX (14) | 15.19 | 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)
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 |
|---|---|---|---|
| 125.23 | 118.82 | 6.41 (5.11%) | 19.55% |
| An entry @125.23. This is a Buy Stop order right above the resistance zone. | An exit @118.82. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 6.41 points, which is 5.11%. | For a 1.00% total portfolio risk, you can invest 19.55% of your capital in this trade. |
- 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.
124.81
-1.15 (-0.91%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorUtilities
GICS IndustryGas Utilities
Performance
% Chg-0.91%
1 Week2.89%
2 Weeks4.11%
1 Month2.77%
3 Month1.38%
6 Month2.47%
12 Month8.94%
2 Year13.36%
3 Year-1.18%
5 Year52.58%
10 Year153.32%
15 Year443.6%
Volatility
ATR(14)1.91
ATR(20)%1.61%
ATR Inc-6.86%
Range Today1.72
ADR(20)1.99
ADR(20)%1.6%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS53.45
Mansfield-0.86
10 Day High126.13
10 Day Low118.84
20 Day High126.13
20 Day Low118.84
52 Week High136.73
52 Week Low112.92
CS1 End122.91
CR1 Start125.04
Volume & EV
DER(3)-0.21%
DER(5)-0.09%
Volume107.60K
Volume Incr22.61%
Vol(5)132.39K
Vol(50)128.66K