MIDDLESEX WATER CO (MSEX) Technical Analysis
NASDAQ:MSEX • US5966801087
Current stock price
MSEX Technical Rating and Analysis
We assign a technical rating of 1 out of 10 to MSEX. MSEX'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, MSEX is a bad performer in the overall market: 75% of all stocks are doing better.
- MSEX is one of the lesser performing stocks in the Water Utilities industry. 84% of 14 stocks in the same industry do better.
- MSEX 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 MSEX is lagging the market.
- In the last month MSEX has a been trading in the 49.65 - 56.11 range, which is quite wide. It is currently trading near the lows of this range.
- The long term trend is neutral, but the short term trend is negative. Better to stay away from this!
MSEX Weekly and Daily overview Charts
MSEX Setup Rating and Analysis
Although the technical rating is bad, MSEX does present a nice setup opportunity. Prices have been consolidating lately. There is a support zone below the current price at 50.01, a Stop Loss order could be placed below this zone.
More info and screens
MSEX Support and Resistance Analysis
48.09
When analyzing the support we can see 2 important areas.
- A support zone ranging from 49.92 to 50.01. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 48.58 to 48.68. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 52.06 to 55.47. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @56.48 from a trend line in the weekly time frame.
MSEX 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 MSEX is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for MSEX is down. |
| ChartMill Relative Strength | 25.95 | NEGATIVE | MSEX has a low relative strength, it was outperformed by 74.05% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of MSEX is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of MSEX is below the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of MSEX is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 40.35 | NEUTRAL | The RSI value for MSEX is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.4 | NEGATIVE | The MACD value suggests MSEX has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 15.09 | OVERSOLD | The low Stochastics value suggests MSEX may be oversold. |
| Average True Range in percent/ATR (20) | 3.18 | MEDIUM VOLATILITY | The ATR as a percentage value for MSEX suggests some volalility. |
| Average Directional Index/ADX (14) | 20.69 | NEUTRAL | The ADX value for MSEX suggests a possible start of a new trend. |
MSEX Chart- and CandleStick Pattern Analysis
MSEX Technicals: Chart, Performance Metrics, Trend & Indicators
51
+0.7 (+1.39%)
MIDDLESEX WATER CO / MSEX TA FAQ
Can you provide the ChartMill technical rating for MIDDLESEX WATER CO?
ChartMill assigns a technical rating of 1 / 10 to MSEX.
Can you provide the trend direction for MIDDLESEX WATER CO?
The current trend direction for MIDDLESEX WATER CO (MSEX) is Bearish.
What is the RSI signal for MIDDLESEX WATER CO (MSEX) stock?
MIDDLESEX WATER CO (MSEX) has an RSI value of 40.3498. This indicates that the stock is currently neutral.
What is the MACD signal for MSEX stock?
The MACD indicator for MIDDLESEX WATER CO (MSEX) has a value of -0.400948, indicating a bearish trend.
Can you provide the short term momentum for MIDDLESEX WATER CO?
The short term momentum for MIDDLESEX WATER CO (MSEX) is negative.