UNITIL CORP (UTL) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:UTL - US9132591077 - Common Stock
Overall UTL gets a technical rating of 4 out of 10. In the last year, UTL 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.
- 72% of all other stocks performed better in the past year than UTL.
- UTL is part of the Multi-Utilities industry. There are 26 other stocks in this industry, of which 88% are performing better than UTL.
- The long and short term trends are both neutral. This gives a pretty neutral overall picture!
- 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.
- In the last month UTL has a been trading in a tight range between 48.10 and 50.97.
UTL has only a medium 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 49.26, a Stop Loss order could be placed below this zone.
More info and screens
44.37
3 important support areas can be observed.
- A support zone ranging from 48.99 to 50.45. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @47.48 from a horizontal line in the daily time frame.
- A support zone ranging from 44.82 to 45.30. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 4 important resistance areas.
- A resistance zone ranging from 50.72 to 51.06. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Resistance @52.13 from a horizontal line in the daily time frame.
- Resistance @56.28 from a trend line in the weekly time frame.
- Resistance @60.39 from a horizontal line in the weekly time frame.
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 UTL is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for UTL is neutral. |
| ChartMill Relative Strength | 28.3 | NEGATIVE | UTL has a low relative strength, it was outperformed by 71.7% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of UTL is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of UTL is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of UTL is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 48.49 | NEUTRAL | The RSI value for UTL is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.04 | NEGATIVE | The MACD value suggests UTL has a negative trend. |
| Stochastics (14,3) | 49.1 | NEUTRAL | The Stochastics value for UTL is a neutral value. |
| Average True Range in percent/ATR (20) | 1.88 | LOW VOLATILITY | The low ATR as a percentage value for UTL suggests low volalility. |
| Average Directional Index/ADX (14) | 14.16 | NEGATIVE | The low ADX value for UTL suggests a weak or negative trend. |
50.54
+1.28 (+2.6%)
UNITIL CORP / UTL 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 Bearish.
Can you provide the RSI signal for UNITIL CORP?
UNITIL CORP (UTL) has an RSI value of 48.4907. This indicates that the stock is currently neutral.
What is the short term momentum for UTL stock?
The short term momentum for UNITIL CORP (UTL) is neutral.