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CHESAPEAKE UTILITIES CORP (CPK) Stock Technical Analysis

NYSE:CPK - New York Stock Exchange, Inc. - US1653031088 - Common Stock - Currency: USD

125.4  +2.12 (+1.72%)

After market: 125.4 0 (0%)

Technical Rating and Analysis

7

Overall CPK gets a technical rating of 7 out of 10. CPK has been one of the better performers in the overall market. Some doubts were observed in the medium time frame, but recent action was again very positive.

The long term trend is still neutral, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
When comparing the yearly performance of all stocks, we notice that CPK is one of the better performing stocks in the market, outperforming 73% of all stocks. On top of that, CPK also shows a nice and consistent pattern of rising prices.
CPK is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so CPK is lagging the market slightly.
In the last month CPK has a been trading in the 115.12 - 127.38 range, which is quite wide. It is currently trading near the high of this range.
CPK is part of the Gas Utilities industry. There are 14 other stocks in this industry, CPK did better than 46% of them.
Weekly and Daily overview Charts
CHESAPEAKE UTILITIES CORP / CPK Weekly stock chart
CHESAPEAKE UTILITIES CORP / CPK Daily stock chart
Setup Rating and Analysis

7

CPK has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately. There is a support zone below the current price at 124.13, a Stop Loss order could be placed below this zone.

Support and Resistance Analysis

112.41

134.52

When analyzing the support we can see 3 important areas.

  • A support zone ranging from 121.58 to 124.13. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • A support zone ranging from 116.55 to 118.51. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • Support @113.55 from a horizontal line in the daily time frame.

When analyzing the resistance we notice one important area.

  • A resistance zone ranging from 130.48 to 133.19. This zone is formed by a combination of multiple trend lines in multiple time frames.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS73.48
Mansfield0
10 Day High125.87
10 Day Low119.1
20 Day High127.38
20 Day Low115.12
52 Week High134.2
52 Week Low98.25
Performance
1 Week3.47%
2 Weeks3.75%
1 Month5.96%
3 Month0.62%
6 Month10.1%
12 Month21.25%
2 Year-2.1%
3 Year-5.68%
5 Year46.67%
10 Year165.68%
15 Year527.84%
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)
Technical Indicators
MACD(12,26,9)0.48
RSI(14)58.1
LBB120.04
UBB125.79
Example Setup

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.

ENTRYEXITDISTANCECAPITAL
125.88121.574.31 (3.42%)25.00%
An entry @125.88. This is a Buy Stop order right above the 10 day high.An exit @121.57. This is a Stop Loss order right below the support zone.The trade has a worst case loss of 4.31 points, which is 3.42%.When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.86%.

  • The distance between exit and entry is rather small compared to the average daily movement of CPK. Please evaluate whether better entry and exit points can be found.
  • 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.
CHESAPEAKE UTILITIES CORP / CPK Daily stock chart

CHESAPEAKE UTILITIES CORP

NYSE:CPK (2/5/2025, 7:46:48 PM)

After market: 125.4 0 (0%)

125.4

+2.12 (+1.72%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorUtilities
GICS IndustryGas Utilities
Performance
% Chg1.72%
1 Week3.47%
2 Weeks3.75%
1 Month5.96%
3 Month0.62%
6 Month10.1%
12 Month21.25%
2 Year-2.1%
3 Year-5.68%
5 Year46.67%
10 Year165.68%
15 Year527.84%
Volatility
ATR(14)2.9
ATR(20)%2.14%
ATR Inc3.39%
Range Today2.92
ADR(20)2.48
ADR(20)%1.98%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS73.48
Mansfield0
10 Day High125.87
10 Day Low119.1
20 Day High127.38
20 Day Low115.12
52 Week High134.2
52 Week Low98.25
CS1 End124.13
CR1 Start130.48
Volume & EV
DER(3)-1.49%
DER(5)-0.41%
Volume59.17K
Volume Incr0.98%
Vol(5)73.77K
Vol(50)87.74K