MIDDLESEX WATER CO (MSEX) Stock Technical Analysis
NASDAQ:MSEX - Nasdaq - US5966801087 - Common Stock - Currency: USD
Overall MSEX gets a technical rating of 0 out of 10. MSEX'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.
Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
85% of all other stocks performed better in the past year than MSEX.
MSEX is part of the Water Utilities industry. There are 14 other stocks in this industry, of which 100% are performing better than MSEX.
MSEX is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
In the last month MSEX has a been trading in the 48.18 - 53.95 range, which is quite wide. It is currently trading in the middle of this range where prices have been consolidating recently, this may present a good entry opportunity, but some resistance may be present above.
Although the technical rating is bad, MSEX does present a nice setup opportunity. 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 51.01. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 49.42, a Stop Loss order could be placed below this zone.
More info and screens
48.93
70.39
When analyzing the support we notice one important area.
- Support @49.42 from a horizontal line in the daily time frame.
When analyzing the resistance we notice 3 important areas.
- A resistance zone ranging from 51.01 to 51.80. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 67.09 to 68.04. This zone is formed by a combination of multiple trend lines in the weekly time frame.
- Resistance @69.69 from a horizontal line in the weekly time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS15.58
Mansfield-1.83
10 Day High52.39
10 Day Low48.36
20 Day High53.95
20 Day Low48.18
52 Week High70.73
52 Week Low45.42
Performance
1 Week4.42%
2 Weeks2.6%
1 Month-3.56%
3 Month-21.86%
6 Month-23.72%
12 Month-9.04%
2 Year-39.18%
3 Year-49.62%
5 Year-21.85%
10 Year133.2%
15 Year195.65%
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)0.56
RSI(14)43.45
LBB48.06
UBB52.35
MIDDLESEX WATER CO
NASDAQ:MSEX (1/29/2025, 8:00:02 PM)
After market: 51 0 (0%)51
-0.79 (-1.53%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorUtilities
GICS IndustryWater Utilities
Performance
% Chg-1.53%
1 Week4.42%
2 Weeks2.6%
1 Month-3.56%
3 Month-21.86%
6 Month-23.72%
12 Month-9.04%
2 Year-39.18%
3 Year-49.62%
5 Year-21.85%
10 Year133.2%
15 Year195.65%
Volatility
ATR(14)1.6
ATR(20)%3.22%
ATR Inc-13.9%
Range Today1.26
ADR(20)1.58
ADR(20)%3.11%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS15.58
Mansfield-1.83
10 Day High52.39
10 Day Low48.36
20 Day High53.95
20 Day Low48.18
52 Week High70.73
52 Week Low45.42
CS1 End49.42
CR1 Start51.01
Volume & EV
DER(3)-0.74%
DER(5)-0.72%
Volume105.20K
Volume Incr-38.43%
Vol(5)119.56K
Vol(50)139.16K