Mdu Resources Group Stock Technical Analysis

MDU Stock  USD 18.34  0.45  2.52%   
As of the 16th of November 2024, MDU Resources secures the Mean Deviation of 1.6, risk adjusted performance of 0.1849, and Market Risk Adjusted Performance of 0.4285. In respect to fundamental indicators, the technical analysis model lets you check practical technical drivers of MDU Resources Group, as well as the relationship between them.

MDU Resources Momentum Analysis

Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as MDU, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to MDU
  
MDU Resources' Momentum analyses are specifically helpful, as they help investors time the market using mark points where the market can reverse. The reversal spots are usually identified through divergence between price movement and momentum.

MDU Resources Analyst Consensus

Target PriceAdvice# of Analysts
24.38Strong Buy4Odds
MDU Resources Group current and past analyst recommendations published by a number of research institutions as well as average analyst consensus.
Most MDU analysts issue ratings four times a year, at intervals of three months. Ratings are usually accompanied by a target price to helps potential investors understand MDU stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of MDU Resources Group, talking to its executives and customers, or listening to MDU conference calls.
MDU Analyst Advice Details
MDU Resources technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
A focus of MDU Resources technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of MDU Resources trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

MDU Resources Group Technical Analysis

Indicator
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Incorrect Input. Please change your parameters or increase the time horizon required for running this function. The output start index for this execution was zero with a total number of output elements of zero. The Average True Range was developed by J. Welles Wilder in 1970s. It is one of components of the Welles Wilder Directional Movement indicators. The ATR is a measure of MDU Resources Group volatility. High ATR values indicate high volatility, and low values indicate low volatility.

MDU Resources Group Trend Analysis

Use this graph to draw trend lines for MDU Resources Group. You can use it to identify possible trend reversals for MDU Resources as well as other signals and approximate when it will take place. Remember, you need at least two touches of the trend line with actual MDU Resources price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.

MDU Resources Best Fit Change Line

The following chart estimates an ordinary least squares regression model for MDU Resources Group applied against its price change over selected period. The best fit line has a slop of   0.07  , which may imply that MDU Resources Group will maintain its good market sentiment and make money for investors. It has 122 observation points and a regression sum of squares at 174.35, which is the sum of squared deviations for the predicted MDU Resources price change compared to its average price change.

About MDU Resources Technical Analysis

The technical analysis module can be used to analyzes prices, returns, volume, basic money flow, and other market information and help investors to determine the real value of MDU Resources Group on a daily or weekly bases. We use both bottom-up as well as top-down valuation methodologies to arrive at the intrinsic value of MDU Resources Group based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on MDU Resources Group price pattern first instead of the macroeconomic environment surrounding MDU Resources Group. By analyzing MDU Resources's financials, daily price indicators, and related drivers such as dividends, momentum ratios, and various types of growth rates, we attempt to find the most accurate representation of MDU Resources's intrinsic value. As compared to a bottom-up approach, our top-down model examines the macroeconomic factors that affect the industry/economy before zooming in to MDU Resources specific price patterns or momentum indicators. Please read more on our technical analysis page.
 2022 2023 2024 (projected)
Dividend Yield0.07550.07230.0927
Price To Sales Ratio0.340.480.46

MDU Resources November 16, 2024 Technical Indicators

Most technical analysis of MDU help investors determine whether a current trend will continue and, if not, when it will shift. We provide a combination of tools to recognize potential entry and exit points for MDU from various momentum indicators to cycle indicators. When you analyze MDU charts, please remember that the event formation may indicate an entry point for a short seller, and look at different other indicators across different periods to confirm that a breakdown or reversion is likely to occur.

MDU Resources November 16, 2024 Daily Trend Indicators

Traders often use several different daily volumes and price technical indicators to supplement a more traditional technical analysis when analyzing securities such as MDU stock. With literally thousands of different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.

Additional Tools for MDU Stock Analysis

When running MDU Resources' price analysis, check to measure MDU Resources' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy MDU Resources is operating at the current time. Most of MDU Resources' value examination focuses on studying past and present price action to predict the probability of MDU Resources' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move MDU Resources' price. Additionally, you may evaluate how the addition of MDU Resources to your portfolios can decrease your overall portfolio volatility.