UNITIL CORP (UTL) Technical Analysis
NYSE:UTL • US9132591077
Current stock price
UTL Technical Rating and Analysis
We assign a technical rating of 4 out of 10 to UTL. UTL was a bad performer in the overall market. We also notice some doubts in the very recent evolution, but in the medium term this still looks good.
- When comparing the yearly performance of all stocks, UTL is a bad performer in the overall market: 77% of all stocks are doing better.
- UTL is part of the Multi-Utilities industry. There are 26 other stocks in this industry, of which 100% are performing better than UTL.
- In the last month UTL has a been trading in the 51.41 - 55.08 range, which is quite wide. It is currently trading near the lows of this range.
- The long term trend is positive and the short term trend is neutral. The long term trend gets the benefit of the doubt for now.
- UTL is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so UTL is lagging the market.
UTL Weekly and Daily overview Charts
UTL Setup Rating and Analysis
UTL has only a medium technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. There is a support zone below the current price at 51.51, a Stop Loss order could be placed below this zone.
More info and screens
UTL Support and Resistance Analysis
50.17
We found 2 important support areas.
- A support zone ranging from 51.50 to 51.51. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Strong support @50.68 from a horizontal line in the daily time frame.
2 important resistance areas can be observed.
- A resistance zone ranging from 52.19 to 53.15. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 54.59 to 55.42. This zone is formed by a combination of multiple trend lines in multiple time frames.
UTL Technical Indicator Signal Analysis
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 | UP | POSITIVE | The long term trend for UTL is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for UTL is neutral. |
| ChartMill Relative Strength | 23.77 | NEGATIVE | UTL has a low relative strength, it was outperformed by 76.23% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of UTL is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of UTL is below the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of UTL is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 44.07 | NEUTRAL | The RSI value for UTL is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.17 | NEGATIVE | The MACD value suggests UTL has a negative trend. |
| Stochastics (14,3) | 22.95 | NEUTRAL | The Stochastics value for UTL is a neutral value. |
| Average True Range in percent/ATR (20) | 2.17 | MEDIUM VOLATILITY | The ATR as a percentage value for UTL suggests some volalility. |
| Average Directional Index/ADX (14) | 8.88 | NEGATIVE | The low ADX value for UTL suggests a weak or negative trend. |
UTL Chart- and CandleStick Pattern Analysis
UTL Technicals: Chart, Performance Metrics, Trend & Indicators
51.85
-0.61 (-1.16%)
UNITIL CORP / UTL TA FAQ
Can you provide the ChartMill technical rating for UNITIL CORP?
ChartMill assigns a technical rating of 4 / 10 to UTL.
What is the current trend direction of UNITIL CORP (UTL) stock?
The current trend direction for UNITIL CORP (UTL) is Bullish.
What is the RSI signal for UTL stock?
UNITIL CORP (UTL) has an RSI value of 44.0708. This indicates that the stock is currently neutral.
Can you provide the MACD signal for UNITIL CORP?
The MACD indicator for UNITIL CORP (UTL) has a value of -0.169869, indicating a bearish trend.
What is the support and resistance level for UTL stock?
UNITIL CORP (UTL) has a support level at 51.51 and a resistance level at 52.19. Check the full technical report for our detailed analysis of UTL support and resistance levels.