Middlesex Water Chart of the Day

Middlesex Water (MSEX) is the Barchart Chart of the Day.  The water distribution compnay has a TRend Spotter buy signal, a Weighted Alpha of 92.90+, gained 86.07% in the last year and paid a 2.01% dividend.

The Chart of the Day belongs to Middlesex Water (MSEX),  I found the water distribution stock by using Barchart to sort today's All Time High list first for the most frequent number of new highs in the last month, then again for technical buy signals of 80% or better,  Next I used the Flipchart feature to review the charts.

Middlesex Water Company treats, stores and distributes water for residential, commercial, industrial and fire prevention purposes.

The status of Barchart's Opinion trading systems are listed below. Please note that the Barchart Opinion indicators are updated live during the session every 10 minutes and can therefore change during the day as the market fluctuates. The indicator numbers shown below therefore may not match what you see live on the Barchart.com web site when you read this report.

Barchart technical indicators:

• 100% technical buy signals
• Trend Spotter buy signal
• Above its 20, 50 and 100 day moving averages
• 14 new highs and up 9.67% in the last month
• Relative Strength Index 68.49%
• Technical support level at 38.91
• Recently traded at 40.62 with a 50 day moving average of 36.74

Fundamental factors:

• Market Cap $659.67 million
• P/E 30.73
• Dividend yield 2.01%
• Revenue expected to grow 1.60% this year and another 2.30% next year
• Earnings estimated to increase at an annual rate of 2.70% for the next 5 years
• Wall Street is not following this stock yet but the contributors on Motley Fool voted 62 to 8 that he stock will beat the market

Middlesex Water Company - Chart of the day

Middlesex Water Company (MSEX) is the Barchart Chart of the Day.  The water utility company has a Trend Spotter buy signal, a Weighted Alpha of 38.61+, gained 33.78% in the last year and paid a 2.89% dividend.

The Chart of the Day belongs to Middlesex Water Company (MSEX).  I found the water utility stock by sorting Barchart All Time High list for the stock with the highest technical buy signals then used the Flipchart feature to review the charts.

Middlesex Water Company treats, stores and distributes water for residential, commercial, industrial and fire prevention purposes.

The status of Barchart's Opinion trading systems are listed below. Please note that the Barchart Opinion indicators are updated live during the session every 10 minutes and can therefore change during the day as the market fluctuates. The indicator numbers shown below therefore may not match what you see live on the Barchart.com web site when you read this report.

Barchart technical indicators:

• 100% technical buy signals
• Trend Spotter buy signal
• Above its 20, 50 and 100 day moving averages
• 6 new highs and up 10.25% in the last month
• Relative Strength Index 72.85%
• Technical support level at 27.06%
• Recently traded at 29.24 with a 50 day moving average of 26.10

Fundamental factors:

• Market Cap $457.52 million
• P/E 23.69
• Dividend yield 2.89%
• Earnings estimated to increase 2.70% annually for the next 5 years
• Only one Wall Street analysts follows and rates this stock a buy
• On Motley Fool the individual investors voted 56 to 8 that the stock will beat the market and the All Stars voted 17 to 4 for the same result

This is not a trading stock and should be held as long as the dividend stays secure.