CHESAPEAKE UTILITIES CORP (CPK) Stock Technical Analysis
NYSE:CPK - New York Stock Exchange, Inc. - US1653031088 - Common Stock - Currency: USD
Overall CPK gets a technical rating of 10 out of 10. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, CPK is showing a nice and steady performance.
The long and short term trends are both positive. This is looking good!
When comparing the yearly performance of all stocks, we notice that CPK is one of the better performing stocks in the market, outperforming 91% of all stocks. We also observe that the gains produced by CPK over the past year are nicely spread over this period.
CPK is currently making a new 52 week high. This is a strong signal, certainly because the S&P500 Index is not trading near new highs.
In the last month CPK has a been trading in the 121.77 - 136.52 range, which is quite wide. It is currently trading near the high of this range.
Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.
CPK is part of the Gas Utilities industry. There are 14 other stocks in this industry, CPK did better than 61% of them.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
Besides having an excellent technical rating, CPK also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is a resistance zone just above the current price starting at 135.51. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 130.56, a Stop Loss order could be placed below this zone.
More info and screens
115.37
136.87
We found 3 important support areas.
- A support zone ranging from 127.02 to 130.56. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 121.80 to 124.17. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 116.54 to 117.99. This zone is formed by a combination of multiple trend lines in multiple time frames.
We found 1 important resistance area.
- A resistance zone ranging from 135.51 to 135.51. This zone is formed by a combination of multiple trend lines in multiple time frames.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS91.47
Mansfield2.12
10 Day High136.52
10 Day Low121.77
20 Day High136.52
20 Day Low121.77
52 Week High136.52
52 Week Low102.64
Performance
1 Week6.27%
2 Weeks1.57%
1 Month7.93%
3 Month9.42%
6 Month10.87%
12 Month29.28%
2 Year9.72%
3 Year8.25%
5 Year54.19%
10 Year183.59%
15 Year574.8%
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)0.71
RSI(14)64.16
LBB123.88
UBB137.11
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 |
|---|---|---|---|
| 135.52 | 127.01 | 8.51 (6.28%) | 15.92% |
| An entry @135.52. This is a Buy Stop order right above the resistance zone. | An exit @127.01. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 8.51 points, which is 6.28%. | When investing 15.92% of your capital in this trade, your total portfolio risk will be 1.00%. |
- 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.
135.5
+2.01 (+1.51%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorUtilities
GICS IndustryGas Utilities
Performance
% Chg1.51%
1 Week6.27%
2 Weeks1.57%
1 Month7.93%
3 Month9.42%
6 Month10.87%
12 Month29.28%
2 Year9.72%
3 Year8.25%
5 Year54.19%
10 Year183.59%
15 Year574.8%
Volatility
ATR(14)4.47
ATR(20)%2.98%
ATR Inc-27.34%
Range Today3.78
ADR(20)3.99
ADR(20)%2.94%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS91.47
Mansfield2.12
10 Day High136.52
10 Day Low121.77
20 Day High136.52
20 Day Low121.77
52 Week High136.52
52 Week Low102.64
CS1 End130.56
CR1 Start135.51
Volume & EV
DER(3)-1.02%
DER(5)-0.76%
Volume171.70K
Volume Incr21.45%
Vol(5)179.72K
Vol(50)120.58K