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MDU Stock Tickeron detected bearish Stock Pattern: Head-and-Shoulders Top MDU on February 03, 2025, netting in a 5.47% gain over 7 days

A.I.dvisor
at Tickeron.com
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+5.47% Gain from a Successful pattern Head-and-Shoulders Top
MDU - MDU Resources Group
Tickeron
Ticker: MDU
Company: MDU Resources Group
Gain from shortening: +5.47%
Confirmed: 02/03/25
Succeeded: 02/06/25
Total length: 7 days
On January 30, 2025, A.I.dvisor detected a Head-and-Shoulders Top Pattern (Bearish) for MDU Resources Group (MDU, $17.91). 4 days later, on February 03, 2025, A.I.dvisor confirmed the Bearish pattern, setting a target price of the stock. On February 06, 2025, the stock hit the target price of $16.63 – resulting in a gain for traders who shorted the stock on the pattern detection date.

MDU in downward trend: price dove below 50-day moving average on January 22, 2025

MDU moved below its 50-day moving average on January 22, 2025 date and that indicates a change from an upward trend to a downward trend. In of 45 similar past instances, the stock price decreased further within the following month. The odds of a continued downward trend are .

Price Prediction Chart

Technical Analysis (Indicators)

Bearish Trend Analysis

The Momentum Indicator moved below the 0 level on January 27, 2025. You may want to consider selling the stock, shorting the stock, or exploring put options on MDU as a result. In of 99 cases where the Momentum Indicator fell below 0, the stock fell further within the subsequent month. The odds of a continued downward trend are .

The Moving Average Convergence Divergence Histogram (MACD) for MDU turned negative on January 27, 2025. This could be a sign that the stock is set to turn lower in the coming weeks. Traders may want to sell the stock or buy put options. Tickeron's A.I.dvisor looked at 50 similar instances when the indicator turned negative. In of the 50 cases the stock turned lower in the days that followed. This puts the odds of success at .

Following a 3-day decline, the stock is projected to fall further. Considering past instances where MDU declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .

The Aroon Indicator for MDU entered a downward trend on February 21, 2025. This could indicate a strong downward move is ahead for the stock. Traders may want to consider selling the stock or buying put options.

Bullish Trend Analysis

The RSI Oscillator points to a transition from a downward trend to an upward trend -- in cases where MDU's RSI Indicator exited the oversold zone, of 21 resulted in an increase in price. Tickeron's analysis proposes that the odds of a continued upward trend are .

The Stochastic Oscillator shows that the ticker has stayed in the oversold zone for 9 days. The price of this ticker is presumed to bounce back soon, since the longer the ticker stays in the oversold zone, the more promptly an upward trend is expected.

MDU may jump back above the lower band and head toward the middle band. Traders may consider buying the stock or exploring call options.

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MDU
Daily Signalchanged days ago
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A.I. Advisor
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General Information

a provider of natural resource products and related services

Industry

Profile
Fundamentals
Details
Industry
Gas Distributors
Address
1200 West Century Avenue
Phone
+1 701 530-1000
Employees
11100
Web
https://www.mdu.com