MDU RESOURCES GROUP INC (MDU) Stock Technical Analysis
NYSE:MDU - New York Stock Exchange, Inc. - US5526901096 - Common Stock - Currency: USD
Overall MDU gets a technical rating of 1 out of 10. MDU'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.
The short term trend is neutral, while the long term trend is still negative. We need to see a little more continued positive action to make this really interesting.
When comparing the yearly performance of all stocks, MDU is a bad performer in the overall market: 79% of all stocks are doing better.
MDU is part of the Gas Utilities industry. There are 14 other stocks in this industry, of which 100% are performing better than MDU.
MDU is currently trading in the lower part of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so MDU is lagging the market.
In the last month MDU has a been trading in the 16.52 - 17.90 range, which is quite wide. It is currently trading in the middle of this range where prices have been consolidating recently, this may present a good entry opportunity, but some resistance may be present above.
MDU has an average volume of 1694250 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
MDU has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. There is a support zone below the current price at 17.06, 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
16.18
18.17
We found 2 important support areas.
- A support zone ranging from 16.92 to 17.06. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 16.34 to 16.40. 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 17.19 to 17.24. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 17.52 to 17.99. 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 MDU is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for MDU is neutral. |
| ChartMill Relative Strength | 21.13 | NEGATIVE | MDU has a low relative strength, it was outperformed by 78.87% 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 | POSITIVE | The current price of MDU is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of MDU is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 51.34 | NEUTRAL | The RSI value for MDU is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.04 | NEGATIVE | The MACD value suggests MDU has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 36.3 | NEUTRAL | The Stochastics value for MDU is a neutral value. |
| Average True Range in percent/ATR (20) | 2.25 | MEDIUM VOLATILITY | The ATR as a percentage value for MDU suggests some volalility. |
| Average Directional Index/ADX (14) | 14.76 | NEGATIVE | The low ADX value for MDU 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)
17.19
+0.06 (+0.35%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorUtilities
GICS IndustryGas Utilities
Performance
% Chg0.35%
1 Week1.78%
2 Weeks-0.29%
1 Month-0.87%
3 Month-0.35%
6 Month-14.22%
12 Month-31.89%
2 Year-41.09%
3 Year-37.22%
5 Year-21%
10 Year-17.91%
15 Year-8.07%
Volatility
ATR(14)0.43
ATR(20)%2.25%
ATR Inc12.13%
Range Today0.32
ADR(20)0.37
ADR(20)%2.18%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS21.13
Mansfield-2.12
10 Day High17.8
10 Day Low16.52
20 Day High17.9
20 Day Low16.52
52 Week High30.52
52 Week Low14.92
CS1 End17.06
CR1 Start17.19
Volume & EV
DER(3)0.4%
DER(5)1.12%
Volume2.35M
Volume Incr0.93%
Vol(5)1.46M
Vol(50)1.69M