OTTER TAIL CORP (OTTR) Stock Technical Analysis
NASDAQ:OTTR - Nasdaq - US6896481032 - Common Stock - Currency: USD
We assign a technical rating of 4 out of 10 to OTTR. In the last year, OTTR was a below average performer in the market. There are positive signs in the very recent evolution, but the medium term picture is still mixed.
77% of all other stocks performed better in the past year than OTTR.
OTTR is part of the Electric Utilities industry. There are 47 other stocks in this industry, of which 76% are performing better than OTTR.
OTTR is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
In the last month OTTR has a been trading in the 75.27 - 80.58 range, which is quite wide. It is currently trading near the high of this range.
Both the short term and long term trends are neutral. So this is not the most entertaining stock around.
Volume is considerably higher in the last couple of days.
OTTR has only a medium technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 79.98. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 78.38, a Stop Loss order could be placed below this zone.
More info and screens
71.71
84.21
We found 2 important support areas.
- A support zone ranging from 76.17 to 78.94. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 72.43 to 73.90. This zone is formed by a combination of multiple trend lines in multiple time frames.
3 important resistance areas can be observed.
- A resistance zone ranging from 79.51 to 79.98. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Strong resistance @81.94 from a horizontal line in the daily time frame.
- A resistance zone ranging from 83.38 to 83.38. 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 | NEUTRAL | NEUTRAL | The long term trend for OTTR is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for OTTR is neutral. |
| ChartMill Relative Strength | 23.13 | NEGATIVE | OTTR has a low relative strength, it was outperformed by 76.87% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of OTTR is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of OTTR is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of OTTR is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 56.75 | NEUTRAL | The RSI value for OTTR is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.21 | POSITIVE | The MACD value suggests OTTR has a positive trend. |
| Stochastics (14,3) | 64.4 | NEUTRAL | The Stochastics value for OTTR is a neutral value. |
| Average True Range in percent/ATR (20) | 1.91 | LOW VOLATILITY | The low ATR as a percentage value for OTTR suggests low volalility. |
| Average Directional Index/ADX (14) | 12.26 | NEGATIVE | The low ADX value for OTTR 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)
79.42
+0.37 (+0.47%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorUtilities
GICS IndustryElectric Utilities
Performance
% Chg0.47%
1 Week1.91%
2 Weeks5.23%
1 Month2.42%
3 Month3.45%
6 Month7.98%
12 Month-7.44%
2 Year-1.96%
3 Year13.02%
5 Year107.63%
10 Year206.4%
15 Year286.47%
Volatility
ATR(14)1.54
ATR(20)%1.91%
ATR Inc77.73%
Range Today1.67
ADR(20)1.49
ADR(20)%1.87%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS23.13
Mansfield-0.83
10 Day High80
10 Day Low75.27
20 Day High80.58
20 Day Low75.27
52 Week High100.84
52 Week Low71.66
CS1 End78.38
CR1 Start79.98
Volume & EV
DER(3)-1.84%
DER(5)0.1%
Volume178.20K
Volume Incr92.58%
Vol(5)337.31K
Vol(50)210.32K