CHESAPEAKE UTILITIES CORP (CPK) Technical Analysis
NYSE:CPK • US1653031088
Current stock price
CPK Technical Rating and Analysis
We assign a technical rating of 1 out of 10 to CPK. CPK's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
- When comparing the yearly performance of all stocks, CPK is a bad performer in the overall market: 74% of all stocks are doing better.
- CPK is part of the Gas Utilities industry. There are 15 other stocks in this industry, of which 92% are performing better than CPK.
- In the last month CPK has a been trading in the 122.47 - 133.47 range, which is quite wide. It is currently trading near the lows of this range.
- The short term trend is negative, the long term trend is neutral. Not much exciting going on here.
- 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 Weekly and Daily overview Charts
CPK Setup Rating and Analysis
CPK has a poor technical rating and the quality of the setup is also not perfect 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
CPK Support and Resistance Analysis
114.84
We found 2 important support areas.
- A support zone ranging from 121.41 to 124.57. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 116.00 to 117.50. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 3 important areas.
- A resistance zone ranging from 127.56 to 130.10. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 135.50 to 135.80. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 138.81 to 139.07. This zone is formed by a combination of multiple trend lines in multiple time frames.
CPK Technical Indicator Signal Analysis
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 | DOWN | NEGATIVE | The short term trend for CPK is down. |
| ChartMill Relative Strength | 26.02 | NEGATIVE | CPK has a low relative strength, it was outperformed by 73.98% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of CPK is below the rising 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) | 39.2 | NEUTRAL | The RSI value for CPK is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.4 | NEGATIVE | The MACD value suggests CPK has a negative trend. |
| Stochastics (14,3) | 13.98 | OVERSOLD | The low Stochastics value suggests CPK may be oversold. |
| Average True Range in percent/ATR (20) | 2.2 | MEDIUM VOLATILITY | The ATR as a percentage value for CPK suggests some volalility. |
| Average Directional Index/ADX (14) | 16.93 | NEGATIVE | The low ADX value for CPK suggests a weak or negative trend. |
CPK Chart- and CandleStick Pattern Analysis
CPK Technicals: Chart, Performance Metrics, Trend & Indicators
124.64
+0.2 (+0.16%)
CHESAPEAKE UTILITIES CORP / CPK TA FAQ
What is the technical rating for CPK stock?
ChartMill assigns a technical rating of 1 / 10 to CPK.
What is the trend direction for CPK stock?
The current trend direction for CHESAPEAKE UTILITIES CORP (CPK) is Bearish.
Can you provide the RSI signal for CHESAPEAKE UTILITIES CORP?
CHESAPEAKE UTILITIES CORP (CPK) has an RSI value of 39.1955. This indicates that the stock is currently neutral.
What is the short term momentum for CPK stock?
The short term momentum for CHESAPEAKE UTILITIES CORP (CPK) is negative.