RSI low/high Values: [ 25 - 75 ]
* StockInvest.us uses dynamically calculated RSI max/min levels to determine when stock is oversold or overbought based on historical behavior.
AI Analysis of UTL
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UNITIL Corporation stock upgraded from Hold/Accumulate to Buy Candidate after Wednesday trading session.
(Updated on Mar 27, 2024)

Buy candidate since Mar 27, 2024 PDF

The UNITIL Corporation stock price gained 2.09% on the last trading day (Wednesday, 27th Mar 2024), rising from $50.72 to $51.78. During the last trading day the stock fluctuated 1.44% from a day low at $51.23 to a day high of $51.97. The price has been going up and down for this period, and there has been a 0.08% gain for the last 2 weeks. Volume fell on the last day by -20 thousand shares and in total, 19 thousand shares were bought and sold for approximately $987.39 thousand. You should take into consideration that falling volume on higher prices causes divergence and may be an early warning about possible changes over the next couple of days.

The stock lies in the middle of a weak rising trend in the short term and a further rise within the trend is signaled. Given the current short-term trend, the stock is expected to rise 2.21% during the next 3 months and, with a 90% probability hold a price between $49.32 and $54.13 at the end of this 3-month period.

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UTL Signals & Forecast

There are mixed signals in the stock today. A sell signal was issued from a pivot top point on Thursday, March 07, 2024, and so far it has fallen -1.75%. Further fall is indicated until a new bottom pivot has been found. Furthermore, there is currently a sell signal from the 3 month Moving Average Convergence Divergence (MACD). Volume fell during the last trading day while the price increased. This causes a divergence and may be considered as an early warning, but it may also not. The UNITIL Corporation stock holds buy signals from both short and long-term Moving Averages giving a positive forecast for the stock. Also, there is a general buy signal from the relation between the two signals where the short-term average is above the long-term average. On corrections down, there will be some support from the lines at $51.33 and $50.76. A breakdown below any of these levels will issue sell signals.

Support, Risk & Stop-loss for UNITIL Corporation stock

UNITIL Corporation finds support from accumulated volume at $50.92 and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested.

In general the stock tends to have very controlled movements and therefore the general risk is considered very low. However, be aware of low or falling volume and make sure to keep an eye on the stock During the last day, the stock moved $0.740 between high and low, or 1.44%. For the last week the stock has had daily average volatility of 2.24%

Our recommended stop-loss: $49.79 (-3.85%) (This stock has low daily movements and this gives low risk. There is a sell signal from a pivot top found 14 days ago.)

Trading Expectations (UTL) For The Upcoming Trading Day Of Thursday 28th

For the upcoming trading day on Thursday, 28th we expect UNITIL Corporation to open at $51.66, and during the day (based on 14 day Average True Range), to move between $50.58 and $52.98, which gives a possible trading interval of +/-$1.20 (+/-2.31%) up or down from last closing price. If UNITIL Corporation takes out the full calculated possible swing range there will be an estimated 4.62% move between the lowest and the highest trading price during the day.

Since the stock is closer to the resistance from accumulated volume at $51.82 (0.08%) than the support at $50.92 (1.66%), our systems don't find the trading risk/reward intra-day attractive and any bets should be held until the stock is closer to the support level.

Is UNITIL Corporation stock A Buy?

Several short-term signals, along with a general good trend, are positive and we conclude that the current level may hold a buying opportunity as there is a fair chance for UNITIL Corporation stock to perform well in the short-term. We have upgraded our analysis conclusion for this stock since the last evaluation from a Hold/Accumulate to a Buy candidate.

Current score: 1.847 Buy Candidate Upgraded

Predicted Opening Price for UNITIL Corporation of Thursday, March 28, 2024

Fair opening price March 28, 2024 Current price
$51.66 ( 0.232%) $51.78

The predicted opening price is based on yesterday's movements between high, low, and closing price.

Trading levels for UTL

Fibonacci Support & Resistance Levels

Level Price
Resistance R3 52.40 1.20 %
R2 52.12 0.651 %
R1 51.94 0.314 %
Current price: 51.78
Support S1 51.38 -0.778 %
S2 51.20 -1.11 %
S3 50.92 -1.66 %

Accumulated Volume Support & Resistance Levels

Level Price
Resistance R3 52.19 0.792 %
R2 52.03 0.483 %
R1 51.82 0.0772 %
Current price 51.78
Support S1 50.92 -1.66%
S2 48.06 -7.18%
S3 47.74 -7.80%

UTL Dividend Payout History


# Declaration Date Ex-Date Pay Date Amount Yield
1 Feb 13, 2024 Feb 13, 2024 Feb 29, 2024 $0.425 0.83%
2 Oct 23, 2023 Nov 13, 2023 Nov 28, 2023 $0.410 0.84%
3 Jul 26, 2023 Aug 11, 2023 Aug 28, 2023 $0.405 0.85%
4 Apr 26, 2023 May 15, 2023 May 30, 2023 $0.405 0.776%
5 Jan 25, 2023 Feb 13, 2023 Feb 28, 2023 $0.405 0.746%

FAQ

What is the symbol for UNITIL Corporation Stock and on which exchange is it traded?
The symbol for UNITIL Corporation is UTL and it is traded on the NYSE (New York Stock Exchange).

Should I buy or sell UNITIL Corporation Stock?
Several short-term signals, along with a general good trend, are positive and we conclude that the current level may hold a buying opportunity as there is a fair chance for UNITIL Corporation stock to perform well in the short-term. We have upgraded our analysis conclusion for this stock since the last evaluation from a Hold/Accumulate to a Buy candidate.

How to buy UNITIL Corporation Stock?
UNITIL Corporation Stock can be purchased through just about any brokerage firm, including online brokerage services.
Click here for our free guide on how to buy UNITIL Corporation Stock.

What's the current price of UNITIL Corporation Stock?
As of the end of day on the 2024-03-27, the price of an UNITIL Corporation (UTL) share was $51.78.

What is the 52-week high and low for UNITIL Corporation Stock?
The 52-week high for UNITIL Corporation Stock is $60.59 and the 52-week low is $41.43.

What is the market capitalization of UNITIL Corporation Stock?
As of the 2024-03-27, the market capitalization of UNITIL Corporation is 836.941M.

When is the next earnings date for UNITIL Corporation?
The upcoming earnings date for UNITIL Corporation is May 07, 2024.
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About UNITIL Corporation

UNITIL Unitil Corporation, a public utility holding company, engages in the distribution of electricity and natural gas. It operates through three segments: Utility Electric Operations, Utility Gas Operations, and Non-Regulated. The company distributes electricity in the southeastern seacoast and state capital regions of New Hampshire, and the greater Fitchburg area of north central Massachusetts; and distributes natural gas in southeastern New Hampshir... UTL Profile

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