Otter Tail Corporation (OTTR)

Otter Tail Corporation is trading at $93.17, up 0.58% on the session. The 50 day average sits at $90.06 and the 200 day at $n/a, which puts the stock in a mixed technical position. RSI is at 54.3, which reads as neutral, and MACD is bearish crossover. Volume is below average.

The nearest support is around $87.80 with resistance near $94.30, so that band frames the current range. Average daily movement is roughly $2.40, or about 2.6% of the share price, which is what any stop placement has to allow for. The overall health score of 60 out of 100 combines a trend score of 72, momentum of 45 and a risk score of 61.

Otter Tail Corporation, together with its subsidiaries, engages in electric utility, manufacturing, and plastic pipe businesses in the United States. It operates through three segments: Electric, Manufacturing, and Plastics. The Electric segment generates, purchases, transmissions, distributes, and sells electric energy in Minnesota, North Dakota, and South Dakota; and operates as a participant in the Midcontinent Independent System Operator markets. This segment generates electricity through coal, fuel oil, solar, wind, and natural gas for residential, commercial, and industrial customers. Its Manufacturing segment engages in metal fabrication services for custom machine parts and metal components and manufacturing thermoformed plastic products for use in the agriculture, construction, horticulture, industrial, lawn and garden, recreational vehicle, and other end markets. These businesses have manufacturing facilities in Georgia, Illinois, and Minnesota and sell products primarily in the United States. The Plastics segment manufactures polyvinyl chloride pipes for municipal water, rural water, wastewater, storm drainage and water reclamation system, and other uses for customers in the horticulture, medical and life sciences, industrial, recreation, and electronics industries. This segment markets its products through independent sales representatives, company salespersons, and customer service representatives. Otter Tail Corporation was incorporated in 1907 and is headquartered in Fergus Falls, Minnesota.