UNITIL CORP (UTL) Stock Technical Analysis
NYSE:UTL - New York Stock Exchange, Inc. - US9132591077 - Common Stock - Currency: USD
Overall UTL gets a technical rating of 0 out of 10. UTL scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
When comparing the yearly performance of all stocks, UTL is a bad performer in the overall market: 85% of all stocks are doing better.
UTL is part of the Multi-Utilities industry. There are 25 other stocks in this industry, of which 104% are performing better than UTL.
UTL is currently trading near the lower end of its 52 week range, which is not a good sign. Certainly not because the S&P500 Index is trading near new 52 week highs at the moment.
In the last month UTL has a been trading in a tight range between 51.10 and 53.58.
Although the technical rating is bad, UTL does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. There is a support zone below the current price at 51.27, a Stop Loss order could be placed below this zone.
More info and screens
50.76
61.22
When analyzing the support we notice one important area.
- A support zone ranging from 51.27 to 51.27. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 4 important areas.
- A resistance zone ranging from 51.47 to 53.96. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @55.08 from a horizontal line in the daily time frame.
- Resistance @58.20 from a trend line in the weekly time frame.
- Resistance @60.61 from a horizontal line in the daily 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 | DOWN | NEGATIVE | The long term trend for UTL is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for UTL is down. |
| ChartMill Relative Strength | 15.47 | NEGATIVE | UTL has a low relative strength, it was outperformed by 84.53% 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) | DOWN | NEGATIVE | The current price of UTL is below a declining 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) | 39.16 | NEUTRAL | The RSI value for UTL is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.04 | POSITIVE | The MACD value suggests UTL has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 27.48 | NEUTRAL | The Stochastics value for UTL is a neutral value. |
| Average True Range in percent/ATR (20) | 2.1 | MEDIUM VOLATILITY | The ATR as a percentage value for UTL suggests some volalility. |
| Average Directional Index/ADX (14) | 24.15 | NEUTRAL | The ADX value for UTL suggests a possible start of a new 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)
51.28
-0.56 (-1.08%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorUtilities
GICS IndustryMulti-Utilities
Performance
% Chg-1.08%
1 Week-2.36%
2 Weeks-1.25%
1 Month-3.66%
3 Month-9.56%
6 Month-1.78%
12 Month-6.95%
2 Year-1.46%
3 Year-6.37%
5 Year18.84%
10 Year44.25%
15 Year134.69%
Volatility
ATR(14)1.05
ATR(20)%2.1%
ATR Inc-25.73%
Range Today0.76
ADR(20)1.05
ADR(20)%2.04%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS15.47
Mansfield-1.64
10 Day High53.29
10 Day Low51.12
20 Day High53.58
20 Day Low51.1
52 Week High63.52
52 Week Low51.1
CS1 End51.27
CR1 Start51.47
Volume & EV
DER(3)-1.31%
DER(5)-1.13%
Volume47.00K
Volume Incr-27.84%
Vol(5)52.94K
Vol(50)67.28K