Taking everything into account, CEG scores 8 out of 10 in our technical rating. This is due to a consistent overall performance, although we see some doubts in the very recent evolution. In the medium time frame things are still looking good.
Besides having an excellent technical rating, CEG also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is very little resistance above the current price.
More info and screens
165.41
When analyzing the support we can see 4 important areas.
- A support zone ranging from 348.71 to 354.00. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 335.73 to 342.29. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 306.63 to 310.01. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Support @167.08 from a horizontal line in the weekly time frame.
We found 1 important resistance area.
- Resistance @403.96 from a horizontal line in the daily time frame.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | UP | POSITIVE | The long term trend for CEG is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for CEG is neutral. |
| ChartMill Relative Strength | 89.22 | POSITIVE | CEG has a high relative strength, it outperformed 89.22% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of CEG is above a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of CEG is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of CEG is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 53.82 | NEUTRAL | The RSI value for CEG is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 1.3 | POSITIVE | The MACD value suggests CEG has a positive trend. |
| Stochastics (14,3) | 60.18 | NEUTRAL | The Stochastics value for CEG is a neutral value. |
| Average True Range in percent/ATR (20) | 4.72 | MEDIUM VOLATILITY | The ATR as a percentage value for CEG suggests some volalility. |
| Average Directional Index/ADX (14) | 15.3 | NEGATIVE | The low ADX value for CEG suggests a weak or negative trend. |
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 379.21 | 348.70 | 30.51 (8.05%) | 12.43% |
| An entry @379.21. This is a Buy Stop order right above the 10 day high. | An exit @348.70. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 30.51 points, which is 8.05%. | For a 1.00% total portfolio risk, you can invest 12.43% of your capital in this trade. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
364.36
+5.27 (+1.47%)
CONSTELLATION ENERGY / CEG FAQ
What is the technical rating for CEG stock?
ChartMill assigns a technical rating of 8 / 10 to CEG.
What is the trend direction for CEG stock?
The current trend direction for CONSTELLATION ENERGY (CEG) is Bullish.
What is the RSI signal for CEG stock?
CONSTELLATION ENERGY (CEG) has an RSI value of 53.8247. This indicates that the stock is currently neutral.
What is the MACD signal for CEG stock?
The MACD indicator for CONSTELLATION ENERGY (CEG) has a value of 1.30324, indicating a bullish trend.
What is the support and resistance level for CEG stock?
CONSTELLATION ENERGY (CEG) has a support level at 354 and a resistance level at 403.96. Check the full technical report for our detailed analysis of CEG support and resistance levels.