OTTER TAIL CORP (OTTR) Stock Technical Analysis
NASDAQ:OTTR - Nasdaq - US6896481032 - Common Stock - Currency: USD
We assign a technical rating of 2 out of 10 to OTTR. OTTR has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.
OTTR is part of the Electric Utilities industry. There are 46 other stocks in this industry, of which 75% are performing better than OTTR.
OTTR is currently trading in the lower part of its 52 week range, which is not a good signal. Agreed, the S&P500 Index is also not doing fantastic, but it still sitting in the middle of its 52 week range.
In the last month OTTR has a been trading in the 71.79 - 81.73 range, which is quite wide. It is currently trading near the high of this range.
Prices have been consolidating recently, this may present a good entry opportunity.
Both the short term and long term trends are neutral. So this is not the most entertaining stock around.
When compared to the yearly performance of all other stocks, OTTR outperforms 46% of them, which is more or less in line with the market.
Although the technical rating is bad, OTTR does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. There is a resistance zone just above the current price starting at 79.75. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 79.03, a Stop Loss order could be placed below this zone.
More info and screens
71.71
99.08
3 important support areas can be observed.
- A support zone ranging from 78.06 to 79.03. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @76.17 from a horizontal line in the daily time frame.
- A support zone ranging from 72.43 to 73.59. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 5 important areas.
- A resistance zone ranging from 79.75 to 80.27. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- 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.
- Resistance @85.52 from a horizontal line in the daily time frame.
- Resistance @98.10 from a horizontal line in the weekly time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS46.46
Mansfield-0.25
10 Day High80.19
10 Day Low77.25
20 Day High81.73
20 Day Low71.79
52 Week High100.84
52 Week Low71.66
Performance
1 Week0.29%
2 Weeks1.06%
1 Month-2.94%
3 Month3.01%
6 Month1.63%
12 Month-9.63%
2 Year6.94%
3 Year21.36%
5 Year84.95%
10 Year193.71%
15 Year301.01%
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)0.15
RSI(14)51.24
LBB77.56
UBB80.19
79.36
-0.02 (-0.03%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorUtilities
GICS IndustryElectric Utilities
Performance
% Chg-0.03%
1 Week0.29%
2 Weeks1.06%
1 Month-2.94%
3 Month3.01%
6 Month1.63%
12 Month-9.63%
2 Year6.94%
3 Year21.36%
5 Year84.95%
10 Year193.71%
15 Year301.01%
Volatility
ATR(14)1.65
ATR(20)%2.99%
ATR Inc-15.56%
Range Today1.35
ADR(20)2.31
ADR(20)%2.91%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS46.46
Mansfield-0.25
10 Day High80.19
10 Day Low77.25
20 Day High81.73
20 Day Low71.79
52 Week High100.84
52 Week Low71.66
CS1 End79.03
CR1 Start79.75
Volume & EV
DER(3)-2%
DER(5)-0.84%
Volume227.52K
Volume Incr-12.62%
Vol(5)229.44K
Vol(50)280.89K