MDU RESOURCES GROUP INC (MDU) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:MDU - US5526901096 - Common Stock
19.26 USD
-0.2 (-1.03%)
19.26 USD
0 (0%)
We assign a technical rating of 6 out of 10 to MDU. MDU has been an average performer in the overall market. We also notice some doubts in the very recent evolution, but in the medium term things are still fine.
In the last month MDU has a been trading in the 19.21 - 21.49 range, which is quite wide. It is currently trading near the lows of this range.
Prices have been falling strongly lately, it is better to avoid new long positions here.
The short term is neutral, but the long term trend is still positive. Not much to worry about for now.
MDU has an average volume of 2625420 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
When comparing the yearly performance of all stocks, we notice that MDU is one of the better performing stocks in the market, outperforming 71% of all stocks. However, this relatively good performance is mostly due to a recent big move.
MDU is part of the Gas Utilities industry. There are 14 other stocks in this industry, MDU did better than 53% of them.
MDU is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so MDU is lagging the market.
MDU has an average technical rating and it also does not offer a high quality setup 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
15.44
21.54
4 important support areas can be observed.
- A support zone ranging from 19.25 to 19.25. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 16.64 to 16.71. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 15.99 to 16.01. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @15.60 from a horizontal line in the daily time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 21.32 to 21.33. 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 | UP | POSITIVE | The long term trend for MDU is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for MDU is neutral. |
| ChartMill Relative Strength | 71.82 | POSITIVE | MDU has a high relative strength, it outperformed 71.82% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of MDU is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of MDU is below the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of MDU is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 36.65 | NEUTRAL | The RSI value for MDU is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.24 | NEGATIVE | The MACD value suggests MDU has a negative trend. |
| Stochastics (14,3) | 2.47 | OVERSOLD | The low Stochastics value suggests MDU may be oversold. |
| Average True Range in percent/ATR (20) | 2.15 | MEDIUM VOLATILITY | The ATR as a percentage value for MDU suggests some volalility. |
| Average Directional Index/ADX (14) | 31.19 | POSITIVE | The high ADX value value for MDU suggests a strong 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)
19.26
-0.2 (-1.03%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorUtilities
GICS IndustryGas Utilities
Performance
% Chg-1.03%
1 Week-9.66%
2 Weeks-5.96%
1 Month-6.6%
3 Month19.04%
6 Month14.64%
12 Month-1.08%
2 Year-2.73%
3 Year-36.52%
5 Year-26.88%
10 Year5.13%
15 Year-4.98%
Volatility
ATR(14)0.42
ATR(20)%2.15%
ATR Inc41.12%
Range Today0.2
ADR(20)0.37
ADR(20)%1.91%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS71.82
3 months CRS88.21
6 months CRS72.96
Mansfield-0.2
10 Day High21.34
10 Day Low19.22
20 Day High21.49
20 Day Low19.22
52 Week High21.49
52 Week Low15.04
CS1 End19.25
CR1 Start21.32
Volume & EV
DER(3)0.3%
DER(5)1.04%
Volume2.55M
Volume Incr20.91%
Vol(5)2.98M
Vol(50)2.63M
MDU RESOURCES GROUP INC / MDU FAQ
What is the ChartMill technical rating of MDU RESOURCES GROUP INC (MDU) stock?
ChartMill assigns a technical rating of 6 / 10 to MDU.
What is the current trend direction of MDU RESOURCES GROUP INC (MDU) stock?
The current trend direction for MDU RESOURCES GROUP INC (MDU) is Bullish.
Can you provide the RSI signal for MDU RESOURCES GROUP INC?
MDU RESOURCES GROUP INC (MDU) has an RSI value of 36.6504. This indicates that the stock is currently neutral.
Can you provide the short term momentum for MDU RESOURCES GROUP INC?
The short term momentum for MDU RESOURCES GROUP INC (MDU) is neutral.