UNITIL CORP (UTL) Stock Technical Analysis
NYSE:UTL • US9132591077
Taking everything into account, UTL scores 7 out of 10 in our technical rating. This is due to a decent performance in both the short and longer term time frames. Compared to the overall market however, UTL is a bad performer.
- 71% 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. 92% of 26 stocks in the same industry do better.
- Both the short term and long term trends are positive. This is a very positive sign.
- 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 the 48.84 - 53.72 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
UTL has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 53.15. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 51.52, a Stop Loss order could be placed below this zone.
More info and screens
47.01
2 important support areas can be observed.
- A support zone ranging from 49.57 to 51.52. 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.
When analyzing the resistance we notice 3 important areas.
- A resistance zone ranging from 53.15 to 53.30. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @56.08 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 | UP | POSITIVE | The long term trend for UTL is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for UTL is up. |
| ChartMill Relative Strength | 29.42 | NEGATIVE | UTL has a low relative strength, it was outperformed by 70.58% 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 | MIXED | The current price of UTL is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 56.73 | 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) | 47.32 | NEUTRAL | The Stochastics value for UTL is a neutral value. |
| Average True Range in percent/ATR (20) | 2.77 | MEDIUM VOLATILITY | The ATR as a percentage value for UTL suggests some volalility. |
| Average Directional Index/ADX (14) | 21.54 | NEUTRAL | The ADX value for UTL suggests a possible start of a new trend. |
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 53.31 | 49.83 | 3.48 (6.53%) | 15.32% |
| An entry @53.31. This is a Buy Stop order right above the resistance zone. | An exit @49.83. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 3.48 points, which is 6.53%. | For a 1.00% total portfolio risk, you can invest 15.32% of your capital in this trade. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
51.71
+0.15 (+0.29%)
UNITIL CORP / UTL FAQ
Can you provide the ChartMill technical rating for UNITIL CORP?
ChartMill assigns a technical rating of 7 / 10 to UTL.
What is the current trend direction of UNITIL CORP (UTL) stock?
The current trend direction for UNITIL CORP (UTL) is Bullish.
Can you provide the RSI signal for UNITIL CORP?
UNITIL CORP (UTL) has an RSI value of 56.7333. 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 positive.
Can you provide the buy/sell signal for UNITIL CORP?
The buy/sell signal for UNITIL CORP (UTL) is buy as both the short term and long term trends are positive.