Londinia Opportunities Analyses - 12/01/2023 (GMT) CHESAPEAKE UTILITIES - 1H

- USD (-)

- 15 min delayed data - NYSE Stocks

Type:	Stocks
Ticker:	CPK
ISIN:

Londinia

I am delighted to see that my first price objective has been achieved. I hope you've taken advantage of it.

U.S. Stocks
Timeframe : 1H
- Analysis generated on
Status : TARGET REACHED

Summary of the analysis

Trends

Short term: Strongly bullish

Underlying: Strongly bullish

Technical indicators

72%

22%

My opinion

Bullish above 94.48 USD

My targets

97.36 USD (+1.82%)

104.74 USD (+9.54%)

My analysis

All elements being clearly bullish, it would be possible for traders to trade only long positions (at the time of purchase) on CHESAPEAKE UTILITIES as long as the price remains well above 94.48 USD. The buyers' bullish objective is set at 97.36 USD. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 104.74 USD. If there is any crossing, the next objective would be the resistance located at 111.12 USD. However, beware of bullish excesses that could lead to a possible short-term correction; but this possible correction would not be tradeable.

Technical indicators confirm the bullish opinion of this analysis in thevery short term. However, be careful of excessive bullish movements. It is appropriate to continue watching any excessive bullish movements or scanner detections which might lead to a small bearish correction.

Force

8.2

Analysis too old. There are no more charts available.

Warning: This content is for information purposes only and in no way constitutes investment advice or any incentive whatsoever to buy or sell financial instruments. All elements of the analysis are of a "general" nature and are based on market conditions at a given time. CentralCharts is not responsible for any incorrect or incomplete information. Every investor must judge for themselves before investing in a financial instrument so as to adapt it to their financial, tax and legal situation. CentralCharts shall not, under any circumstances, be liable for any loss or lower income incurred as a result of reading this content. Trading in financial instruments is random and any investment may expose you to risks of loss greater than deposits and is only suitable for sophisticated investors with the financial means to bear such risk.

Additional analysis

Quotes

CHESAPEAKE UTILITIES rating 95.62 USD. On the day, this instrument gained +0.02% and was between 94.69 USD and 96.14 USD. This implies that the price is at +0.98% from its lowest and at -0.54% from its highest.

94.69

96.14

95.62

The Central Gaps scanner detects a bearish opening. A small advantage for sellers in the very short term.

Bearish opening

Type : Bearish

Timeframe : Openning

A study of price movements over other periods shows the following variations:

The Central Records scanner for higher/lower results shows an item:

Near a new HIGH record (1 month)

Type : Bullish

Timeframe : Weekly

Abnormal volumes on CHESAPEAKE UTILITIES were detected by the Central Volumes scanner:

Abnormal volumes

Timeframe : 20 days

Abnormal volumes

Timeframe : 50 days

Technical

A technical analysis in 1H of this CHESAPEAKE UTILITIES chart shows a strongly bullish trend. 92.86% of the signals given by moving averages are bullish. The overall trend is supported by the strong bullish signals from short-term moving averages. The Central Indicators scanner does not detect any result on moving averages that would impact this trend.

In fact, according to the parameters integrated into the Central Analyzer system, 13 technical indicators out of 18 analysed are currently bullish. But beware of excesses. The Central Indicators scanner currently detects this:

Williams %R indicator is overbought : over -20

Type : Neutral

Timeframe : 1 hour

Central Indicators, the scanner specialised in technical indicators, has identified this signal:

Pivot points : price is over resistance 1

Type : Neutral

Timeframe : Weekly

No signals are given by Central Patterns, a market scanner specialised in chart patterns, resistances and supports.

From the Japanese candlestick perspective, the Central Candlesticks scanner notes the presence of these results that could impact the short-term trend:

White morning star

Type : Bullish

Timeframe : 1 hour

Downside Tasuki gap

Type : Bearish

Timeframe : 1 hour

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	90.26	92.74	94.48	95.62	96.00	104.74	111.12
Change (%)	-5.61%	-3.01%	-1.19%	-	+0.40%	+9.54%	+16.21%
Change	-5.36	-2.88	-1.14	-	+0.38	+9.12	+15.50
Level	Intermediate	Intermediate	Major	-	Intermediate	Major	Minor

Attention could also be paid to pivot points to set price objectives:

Daily

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	87.78	89.61	92.61	94.44	97.44	99.27	102.27
Camarilla	94.27	94.72	95.16	95.60	96.04	96.49	96.93
Woodie	88.36	89.90	93.19	94.73	98.02	99.56	102.85
Fibonacci	89.61	91.46	92.60	94.44	96.29	97.43	99.27

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	87.46	88.84	90.76	92.14	94.06	95.44	97.36
Camarilla	91.78	92.09	92.39	92.69	92.99	93.30	93.60
Woodie	87.74	88.98	91.04	92.28	94.34	95.58	97.64
Fibonacci	88.84	90.10	90.88	92.14	93.40	94.18	95.44

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	75.01	79.40	87.50	91.89	99.99	104.38	112.48
Camarilla	92.17	93.31	94.46	95.60	96.75	97.89	99.04
Woodie	76.87	80.33	89.36	92.82	101.85	105.31	114.34
Fibonacci	79.40	84.17	87.12	91.89	96.66	99.61	104.38

Numerical data

The following is the status of the technical indicators and moving averages at the time of publication of this technical analysis:

Technical indicators

Moving averages

RSI (14):	63.87
MACD (12,26,9):	0.8400
Directional Movement:	12.72
AROON (14):	28.57
DEMA (21):	94.93
Parabolic SAR (0,02-0,02-0,2):	92.69
Elder Ray (13):	0.98
Super Trend (3,10):	93.01
Zig ZAG (10):	95.68
VORTEX (21):	1.0600
Stochastique (14,3,5):	83.51
TEMA (21):	95.54
Williams %R (14):	-7.25
Chande Momentum Oscillator (20):	3.29
Repulse (5,40,3):	1.3700
ROCnROLL:	1
TRIX (15,9):	0.0900
Courbe Coppock:	5.25

MA7:	93.29
MA20:	91.83
MA50:	93.19
MA100:	103.16
MAexp7:	95.05
MAexp20:	93.95
MAexp50:	92.98
MAexp100:	92.24
Price / MA7:	+2.50%
Price / MA20:	+4.13%
Price / MA50:	+2.61%
Price / MA100:	-7.31%
Price / MAexp7:	+0.60%
Price / MAexp20:	+1.78%
Price / MAexp50:	+2.84%
Price / MAexp100:	+3.66%

Quotes : - 15 min delayed data - Actions NYSE

News

Don't forget to follow the news on CHESAPEAKE UTILITIES. At the time of publication of this analysis, the latest news was as follows: