UNITIL CORP (UTL) Stock Technical Analysis
NYSE:UTL - New York Stock Exchange, Inc. - US9132591077 - Common Stock - Currency: USD
We assign a technical rating of 0 out of 10 to UTL. UTL's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
86% of all other stocks performed better in the past year than UTL.
UTL is one of the lesser performing stocks in the Multi-Utilities industry. 104% of 25 stocks in the same industry do better.
UTL is currently making a new 52 week low. This is a very bad signal. Certainly because the S&P500 Index is trading near new highs.
In the last month UTL has a been trading in the 48.72 - 53.37 range, which is quite wide. It is currently trading near the lows of this range.
The technical rating of UTL is bad and it also does not present a quality setup at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
48.50
61.30
When analyzing the support we notice one important area.
- A support zone ranging from 48.99 to 49.15. 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 50.87 to 53.30. 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 @57.94 from a trend line in the weekly time frame.
- A resistance zone ranging from 60.39 to 60.69. 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 | 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 | 14.02 | NEGATIVE | UTL has a low relative strength, it was outperformed by 85.98% 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) | 36.76 | NEUTRAL | The RSI value for UTL is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.19 | NEGATIVE | The MACD value suggests UTL has a negative trend. |
| Stochastics (14,3) | 9.41 | OVERSOLD | The low Stochastics value suggests UTL may be oversold. |
| Average True Range in percent/ATR (20) | 2.21 | MEDIUM VOLATILITY | The ATR as a percentage value for UTL suggests some volalility. |
| Average Directional Index/ADX (14) | 19.19 | NEGATIVE | The low ADX value for UTL 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)
49.16
-0.47 (-0.95%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorUtilities
GICS IndustryMulti-Utilities
Performance
% Chg-0.95%
1 Week-4.69%
2 Weeks-4.73%
1 Month-5.17%
3 Month-13.37%
6 Month-9.95%
12 Month-15.11%
2 Year0.7%
3 Year-5.62%
5 Year16.49%
10 Year36.52%
15 Year131.02%
Volatility
ATR(14)1.19
ATR(20)%2.21%
ATR Inc25.04%
Range Today1.28
ADR(20)1.06
ADR(20)%2.16%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS14.02
Mansfield-1.91
10 Day High52.38
10 Day Low48.72
20 Day High53.37
20 Day Low48.72
52 Week High63.52
52 Week Low48.72
CS1 End49.15
CR1 Start50.87
Volume & EV
DER(3)-1.21%
DER(5)-0.7%
Volume67.20K
Volume Incr35.5%
Vol(5)85.10K
Vol(50)70.50K