Is Middlesex Water Co. technically bullish or bearish?
As of October 24, 2025, Middlesex Water Co. shows a mildly bullish trend supported by positive MACD and Bollinger Bands, despite mixed signals from moving averages and Dow Theory, while outperforming the S&P 500 recently but underperforming over longer periods.
As of 24 October 2025, the technical trend for Middlesex Water Co. has changed from sideways to mildly bullish. The weekly MACD is bullish, and the monthly MACD is mildly bullish, supporting a positive outlook. Bollinger Bands are bullish on both weekly and monthly time frames. However, daily moving averages indicate a mildly bearish stance, and the Dow Theory shows a mixed view with weekly mildly bullish and monthly mildly bearish signals. In terms of performance, Middlesex Water Co. has outperformed the S&P 500 over the past week and month, returning 3.55% and 12.68% respectively, while the S&P 500 returned 1.92% and 2.32%. However, over longer periods, the stock has underperformed, particularly over the 1-year, 3-year, and 5-year horizons. Overall, the current stance is mildly bullish, with key indicators like MACD and Bollinger Bands driving this outlook.
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