MIDDLESEX WATER CO (MSEX) Stock Technical Analysis
USA - NASDAQ:MSEX - US5966801087 - Common Stock
We assign a technical rating of 4 out of 10 to MSEX. In the past year, MSEX was a below average performing stock in the market. The medium term picture is also negative, but we see some improvement happening in recent action.
MSEX has an average technical rating and also the quality of the setup is only medium 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
49.63
We found 1 important support area.
- A support zone ranging from 50.13 to 50.29. This zone is formed by a combination of multiple trend lines in multiple time frames.
5 important resistance areas can be observed.
- A resistance zone ranging from 54.07 to 54.18. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @60.37 from a horizontal line in the weekly time frame.
- A resistance zone ranging from 61.77 to 61.97. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Resistance @63.26 from a horizontal line in the daily time frame.
- Resistance @69.69 from a horizontal line in the weekly 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 | NEUTRAL | NEUTRAL | The long term trend for MSEX is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for MSEX is neutral. |
| ChartMill Relative Strength | 23.42 | NEGATIVE | MSEX has a low relative strength, it was outperformed by 76.58% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of MSEX is below the rising 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) | UP | MIXED | The current price of MSEX is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 45.62 | NEUTRAL | The RSI value for MSEX is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.87 | NEGATIVE | The MACD value suggests MSEX has a negative trend. |
| Stochastics (14,3) | 39.75 | NEUTRAL | The Stochastics value for MSEX is a neutral value. |
| Average True Range in percent/ATR (20) | 4.96 | MEDIUM VOLATILITY | The ATR as a percentage value for MSEX suggests some volalility. |
| Average Directional Index/ADX (14) | 25.5 | POSITIVE | The high ADX value value for MSEX suggests a strong trend. |
53.07
-1.81 (-3.3%)
MIDDLESEX WATER CO / MSEX FAQ
Can you provide the ChartMill technical rating for MIDDLESEX WATER CO?
ChartMill assigns a technical rating of 4 / 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 45.6167. 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 -0.871215, 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.