51.7 USD
-1.82 (-3.4%)
51.7 USD
0 (0%)
We assign a technical rating of 1 out of 10 to MSEX. MSEX scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
The long term trend is still negative, but the short term trend is neutral. It is advised to wait a little bit longer to see how this turns out.
When comparing the yearly performance of all stocks, MSEX is a bad performer in the overall market: 70% of all stocks are doing better.
MSEX is part of the Water Utilities industry. There are 14 other stocks in this industry, of which 69% are performing better than MSEX.
MSEX is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so MSEX is lagging the market.
In the last month MSEX has a been trading in the 48.44 - 54.25 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Although the technical rating is bad, MSEX does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is a support zone below the current price at 50.53, a Stop Loss order could be placed below this zone.
More info and screens
48.09
63.89
2 important support areas can be observed.
- A support zone ranging from 50.00 to 50.53. This zone is formed by a combination of multiple trend lines in the weekly time frame.
- 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.
We can see 4 important resistance areas.
- A resistance zone ranging from 52.35 to 54.18. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @58.88 from a trend line in the weekly time frame.
- Resistance @60.73 from a trend line in the daily time frame.
- Resistance @63.26 from a horizontal line in the daily time frame.
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 MSEX is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for MSEX is neutral. |
| ChartMill Relative Strength | 30.83 | NEUTRAL | MSEX is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of MSEX is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of MSEX is below a declining 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) | 45.92 | NEUTRAL | The RSI value for MSEX is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.31 | POSITIVE | The MACD value suggests MSEX has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 65.23 | NEUTRAL | The Stochastics value for MSEX is a neutral value. |
| Average True Range in percent/ATR (20) | 3.09 | MEDIUM VOLATILITY | The ATR as a percentage value for MSEX suggests some volalility. |
| Average Directional Index/ADX (14) | 19.48 | NEGATIVE | The low ADX value for MSEX 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)
51.7
-1.82 (-3.4%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorUtilities
GICS IndustryWater Utilities
Performance
% Chg-3.4%
1 Week-2.54%
2 Weeks-0.4%
1 Month6.4%
3 Month-2.08%
6 Month-7.84%
12 Month-5.61%
2 Year-21.21%
3 Year-34.28%
5 Year-28.66%
10 Year94.8%
15 Year181.74%
Volatility
ATR(14)1.6
ATR(20)%3.09%
ATR Inc-4.61%
Range Today1.73
ADR(20)1.57
ADR(20)%3.03%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS30.83
3 months CRS38.67
6 months CRS21.15
Mansfield-1.59
10 Day High54.25
10 Day Low50.32
20 Day High54.25
20 Day Low48.44
52 Week High67.09
52 Week Low44.17
CS1 End50.53
CR1 Start52.35
Volume & EV
DER(3)1.96%
DER(5)2.42%
Volume297.30K
Volume Incr27.08%
Vol(5)184.84K
Vol(50)159.98K
MIDDLESEX WATER CO / MSEX FAQ
Can you provide the ChartMill technical rating for MIDDLESEX WATER CO?
ChartMill assigns a technical rating of 1 / 10 to MSEX.
What is the trend direction for MSEX stock?
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 45.9229. This indicates that the stock is currently neutral.
What is the MACD signal for MIDDLESEX WATER CO (MSEX) stock?
The MACD indicator for MIDDLESEX WATER CO (MSEX) has a value of 0.308519, indicating a bearish trend.
What is the short term momentum for MIDDLESEX WATER CO (MSEX) stock?
The short term momentum for MIDDLESEX WATER CO (MSEX) is neutral.