MDU RESOURCES GROUP INC (MDU) Stock Technical Analysis
USA • New York Stock Exchange • NYSE:MDU • US5526901096
Overall MDU gets a technical rating of 5 out of 10. 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.
- The long term trend is positive and the short term trend is neutral. The long term trend gets the benefit of the doubt for now.
- MDU is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so MDU is lagging the market slightly.
- MDU has an average volume of 2296400 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- When compared to the yearly performance of all other stocks, MDU outperforms 67% of them, which is more or less in line with the market.
- MDU is an average performer in the Gas Utilities industry, it outperforms 53% of 14 stocks in the same industry.
- In the last month MDU has a been trading in the 19.67 - 21.28 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
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
15.83
3 important support areas can be observed.
- A support zone ranging from 19.17 to 19.18. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 16.71 to 16.88. 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.
2 important resistance areas can be observed.
- A resistance zone ranging from 20.22 to 20.51. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- 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 | 67.06 | NEUTRAL | MDU is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of MDU is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of MDU is above a declining 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) | 47.13 | NEUTRAL | The RSI value for MDU is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests MDU has a negative trend. |
| Stochastics (14,3) | 61.01 | NEUTRAL | The Stochastics value for MDU is a neutral value. |
| Average True Range in percent/ATR (20) | 2.01 | MEDIUM VOLATILITY | The ATR as a percentage value for MDU suggests some volalility. |
| Average Directional Index/ADX (14) | 21.34 | NEUTRAL | The ADX value for MDU suggests a possible start of a new trend. |
20.16
-0.87 (-4.14%)
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 5 / 10 to MDU.
Can you provide the trend direction for MDU RESOURCES GROUP INC?
The current trend direction for MDU RESOURCES GROUP INC (MDU) is Bullish.
What is the RSI signal for MDU RESOURCES GROUP INC (MDU) stock?
MDU RESOURCES GROUP INC (MDU) has an RSI value of 47.1312. This indicates that the stock is currently neutral.
What is the support and resistance level for MDU stock?
MDU RESOURCES GROUP INC (MDU) has a support level at 19.18 and a resistance level at 20.22. Check the full technical report for our detailed analysis of MDU support and resistance levels.