OTTER TAIL CORP (OTTR) Stock Technical Analysis
NASDAQ:OTTR - Nasdaq - US6896481032 - Common Stock - Currency: USD
We assign a technical rating of 1 out of 10 to OTTR. OTTR scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
84% of all other stocks performed better in the past year than OTTR.
OTTR is one of the lesser performing stocks in the Electric Utilities industry. 86% of 47 stocks in the same industry do better.
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 75.21 - 80.98 range, which is quite wide. It is currently trading in the middle of this range where prices have been consolidating recently, this may present a good entry opportunity, but some resistance may be present above.
Both the short term and long term trends are neutral. So this is not the most entertaining stock around.
OTTR has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. A pullback is taking place, which may present a nice opportunity for an entry. There is a support zone below the current price at 77.87, a Stop Loss order could be placed below this zone.
More info and screens
71.71
84.21
When analyzing the support we can see 2 important areas.
- A support zone ranging from 76.17 to 77.87. 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 74.06. 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 77.99 to 78.25. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 79.51 to 81.94. This zone is formed by a combination of multiple trend lines 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 | 16.99 | NEGATIVE | OTTR has a low relative strength, it was outperformed by 83.01% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of OTTR is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of OTTR is above a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | MIXED | The current price of OTTR is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 49.78 | NEUTRAL | The RSI value for OTTR is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests OTTR has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 51.59 | NEUTRAL | The Stochastics value for OTTR is a neutral value. |
| Average True Range in percent/ATR (20) | 1.81 | LOW VOLATILITY | The low ATR as a percentage value for OTTR suggests low volalility. |
| Average Directional Index/ADX (14) | 8.9 | 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)
77.99
-0.23 (-0.29%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorUtilities
GICS IndustryElectric Utilities
Performance
% Chg-0.29%
1 Week-0.2%
2 Weeks2.44%
1 Month-1.34%
3 Month-3.74%
6 Month1.23%
12 Month-16.93%
2 Year-3.73%
3 Year10.99%
5 Year103.9%
10 Year200.89%
15 Year279.51%
Volatility
ATR(14)1.41
ATR(20)%1.81%
ATR Inc-31.24%
Range Today1.44
ADR(20)1.37
ADR(20)%1.76%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS16.99
Mansfield-0.96
10 Day High79.62
10 Day Low75.72
20 Day High80.98
20 Day Low75.21
52 Week High96.79
52 Week Low71.66
CS1 End77.87
CR1 Start77.99
Volume & EV
DER(3)-0.46%
DER(5)0.29%
Volume199.20K
Volume Incr-14.94%
Vol(5)188.18K
Vol(50)192.74K