MDU RESOURCES GROUP INC (MDU) Technical Analysis
NYSE:MDU • US5526901096
Current stock price
MDU Technical Rating and Analysis
Overall MDU gets a technical rating of 10 out of 10. Both in the recent history as in the last year, MDU has proven to be a steady performer, scoring decent points in every aspect analyzed.
- The long and short term trends are both positive. This is looking good!
- When comparing the yearly performance of all stocks, we notice that MDU is one of the better performing stocks in the market, outperforming 73% of all stocks. We also observe that the gains produced by MDU over the past year are nicely spread over this period.
- MDU is part of the Gas Utilities industry. There are 15 other stocks in this industry. MDU outperforms 85% of them.
- MDU is currently trading near its 52 week high, which is a good sign. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
- In the last month MDU has a been trading in the 20.34 - 22.47 range, which is quite wide. It is currently trading near the high of this range.
- Prices have been consolidating recently, this may present a good entry opportunity.
- MDU has an average volume of 1686760 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
MDU Weekly and Daily overview Charts
MDU Setup Rating and Analysis
Besides having an excellent technical rating, MDU also presents a decent setup pattern. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 22.34. Right above this resistance zone may be a good entry point.
More info and screens
MDU Support and Resistance Analysis
15.85
When analyzing the support we can see 5 important areas.
- A support zone ranging from 20.20 to 20.37. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 19.65 to 19.65. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @19.18 from a horizontal line in the daily time frame.
- Support @17.18 from a trend line in the weekly time frame.
- Support @16.01 from a horizontal line in the weekly time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 22.34 to 22.34. This zone is formed by a combination of multiple trend lines in multiple time frames.
MDU 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 | UP | POSITIVE | The long term trend for MDU is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for MDU is up. |
| ChartMill Relative Strength | 73.73 | POSITIVE | MDU has a high relative strength, it outperformed 73.73% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of MDU is above the rising 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) | UP | POSITIVE | The current price of MDU is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 55.92 | 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) | 46.18 | NEUTRAL | The Stochastics value for MDU is a neutral value. |
| Average True Range in percent/ATR (20) | 1.94 | LOW VOLATILITY | The low ATR as a percentage value for MDU suggests low volalility. |
| Average Directional Index/ADX (14) | 12.87 | NEGATIVE | The low ADX value for MDU suggests a weak or negative trend. |
MDU Chart- and CandleStick Pattern Analysis
MDU Example Setup
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 |
|---|---|---|---|
| 22.35 | 21.14 | 1.21 (5.41%) | 18.47% |
| An entry @22.35. This is a Buy Stop order right above the resistance zone. | An exit @21.14. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 1.21 points, which is 5.41%. | For a 1.00% total portfolio risk, you can invest 18.47% 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.
MDU Technicals: Chart, Performance Metrics, Trend & Indicators
21.79
-0.15 (-0.68%)
MDU RESOURCES GROUP INC / MDU TA FAQ
What is the ChartMill technical rating of MDU RESOURCES GROUP INC (MDU) stock?
ChartMill assigns a technical rating of 10 / 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 stock?
MDU RESOURCES GROUP INC (MDU) has an RSI value of 55.9235. This indicates that the stock is currently neutral.
What is the MACD signal for MDU stock?
The MACD indicator for MDU RESOURCES GROUP INC (MDU) has a value of -0.0399721, indicating a bearish trend.
What is the short term momentum for MDU stock?
The short term momentum for MDU RESOURCES GROUP INC (MDU) is positive.