OTTER TAIL CORP (OTTR)

US6896481032 - Common Stock

92.22  +0.21 (+0.23%)

After market: 92.22 0 (0%)

Technical Rating and Analysis

8

Overall OTTR gets a technical rating of 8 out of 10. This is due to a decent performance in both the short and medium term time frames. Compared to the overall market, OTTR is only an average performer.

The long and short term trends are both positive. This is looking good!
OTTR is part of the Electric Utilities industry. There are 45 other stocks in this industry. OTTR outperforms 75% of them.
OTTR is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so OTTR is lagging the market slightly.
OTTR is currently showing a bull flag pattern! A bull flag pattern occurs when prices pull back slightly after a strong rise up. This may be a nice opportunity for an entry.
Considerably lower volume is observed in the last couple of days, which is a good thing during a pullback.
When compared to the yearly performance of all other stocks, OTTR outperforms 66% of them, which is more or less in line with the market.
Weekly and Daily overview Charts
OTTR Weekly chart
OTTR Daily chart
Setup Rating and Analysis

6

Besides having an excellent technical rating, OTTR also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is very little resistance above the current price.

Support and Resistance Analysis

78.98

93.49

3 important support areas can be observed.

  • A support zone ranging from 84.97 to 85.37. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • Support @82.44 from a horizontal line in the daily time frame.
  • A support zone ranging from 79.78 to 80.84. This zone is formed by a combination of multiple trend lines in multiple time frames.

When analyzing the resistance we notice one important area.

  • Resistance @92.56 from a trend line in the daily time frame.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS66.31
Mansfield-0.1
10 Day High97.19
10 Day Low87.08
20 Day High97.19
20 Day Low82.19
52 Week High99.49
52 Week Low68.96
Performance
1 Week0.47%
2 Weeks5.94%
1 Month12.07%
3 Month2.27%
6 Month17.16%
12 Month21.07%
2 Year41.03%
3 Year92.25%
5 Year85.67%
10 Year222.67%
15 Year386.65%
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)
Technical Indicators
MACD(12,26,9)0.39
RSI(14)67.48
LBB84.65
UBB95.35
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.

ENTRYEXITDISTANCECAPITAL
92.5787.075.50 (5.94%)16.83%
An entry @92.57. This is a Buy Stop order right above the resistance zone.An exit @87.07. This is a Stop Loss order right below the 10 day low.The trade has a worst case loss of 5.50 points, which is 5.94%.For a 1.00% total portfolio risk, you can invest 16.83% 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.
OTTR Daily chart

OTTER TAIL CORP

NASDAQ:OTTR (5/16/2024, 7:09:16 PM)

After market: 92.22 0 (0%)

92.22

+0.21 (+0.23%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorUtilities
GICS IndustryElectric Utilities
Performance
% Chg0.23%
1 Week0.47%
2 Weeks5.94%
1 Month12.07%
3 Month2.27%
6 Month17.16%
12 Month21.07%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)2.35
ATR(20)%2.31%
ATR Inc
Range Today1.06
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High97.19
10 Day Low87.08
20 Day High97.19
20 Day Low82.19
52 Week High99.49
52 Week Low68.96
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume89.70K
Volume Incr-24.22%
Vol(5)125.80K
Vol(50)233.65K