All successful traders recommend adhering to a trading strategy and not make decisions based on subjective opinions, rumors or feelings. Trading strategies are meant for helping you in the decision process of what stocks to pick and when is the best moment to buy them. At Stocks2.com, we like to use very simple but trusted and powerful trend following trading strategies. Simple things usually work the best
In the current situation of MDU Resources Group Inc. (Holding Compan there is not any eligible buy setup. This doesn't mean we expect a selloff for MDU in the next few days, or that it may not rise higher. Simply, it doesn't match our recommended trading systems
How to know when is it time to sell MDU Resources Group Inc. (Holding Compan?. In the same way as when we have to buy shares, deciding when is the best time to sell is not a capricious decision, and we must adhere our own trading style. Our trading system selects very simple strategies to guide us on when is a good moment to sell our shares. Be aware that these strategies should not be used for selling short MDU stock
As a rule of thumb, you should not mantain an operation that results in losses greater than those expected by the time of purchase. The timing to sell shares should always be determined by the stop-loss (automatic or manual)
Currently, MDU Resources Group Inc. (Holding Compan stock doesn't match any of our preferred sell setups, so if you own MDU Resources Group Inc. (Holding Compan stock and your operation is in profit probably is not time to sell now
Brokerage firms and financial institutions post stock ratings based on their views of the market and the fundamental and technical situation of the analyzed stock. Unfortunately, the accuracy of these predictions is not very high, and certainly not a direct buy or sell signal
We don't have any rating published in the previous month for MDU Resources Group Inc. (Holding Compan
MDU Resources Group Inc. (Holding Compan stock started an uptrend last March, and grew an amazing 48.1%. The price action shows higher peaks and higher lows, and along the way gave some buy points for those who wanted to invest. Latest low was in mid-August, when price bounced at $21.86. Today, the uptrend got broken when price dropped under the $21.86 support
Moving averages are indicators for investors to measure direction. A moving average is the average price of a stock over a set period of time. Moving averages are usually calculated on different periods depending on the trading timeframe 21, 50, 100 and 200 days are the most usual moving averages
Market investors use supports and resistances to find price points in the stock price action that may work as glass ceiling, containing the price of shares to move in certain direction. A support level is a level where the price tends to find support as it falls. Price is more likely to "bounce off" this level rather than break through it. However, if the price breaks down the support, it will probably continue falling until finding another support level. On the other hand, resistances are where the price tends to find resistance as it moves up. Likewise, this means that the price is more likely to "bounce off" at this level, and if it finally breaks this level, it will climb easily until it hits the next resistance
The current resistance levels are:
The current supports are:
This is an indicator that was introduced in the 1980s by John Bollinger. It is made up of three lines that are superimposed on the price evolution chart:
Price levels both above or below the Bollinger Bands indicate that the price has has trended strongly to extreme highs or lows. In this case, the price is below the upper band, which should mean a near-term bounce (at least) until it is back above the band
The relative strength index (RSI) is a technical indicator used in the analysis of financial markets. It is intended to plot the current and historical strength or weakness of a stock or market based on the closing prices of a recent trading period. Like other oscillation indicators, the RSI fluctuates between 0 and 100. The relative strength indicator is one of the best known and most widely used indicators, and it was invented by J. Welles Wilder in the late 1970s
The Relative Strength Indicator (RSI) has been between the levels of 70 and 30 for several weeks, and therefore, without this indicator really being helpful in making any decisions.
MDU Resources Group, Inc. (MDU) posted adjusted EPS for the fiscal Q2 that significantly improved Market expectations. Quarterly EPS was $0.50 per share versus $0.29. This Q2 report represents an earnings surprise of 72.41%. On the contrary, reported sales were $1.4 billion, aligned with analysts' estimates.
Same quarter last year, reported EPS was $0.31, so recently reported EPS is an increase of 61.29%. Looking at turnover, figures barely changed compared to $1.3B year over year.
MDU will host the Q3 earnings call on late next October. Analysts expect earnings of %s per-share of $0.63, that is a 26% more than Q2. Financial reporting day has an additional risk for traders as the information posted can soar and sink the shares price with lower liquidity and not honouring your buy or stop-loss orders. You can obtain more details about the earnings conference call and the earnings reports on the Investor Relations section of its website: http://www.mdu.com.