We assign a technical rating of 0 out of 10 to CEG. CEG's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
- The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
- 82% of all other stocks performed better in the past year than CEG.
- CEG is part of the Electric Utilities industry. There are 46 other stocks in this industry, of which 91% are performing better than CEG.
- In the last month CEG has a been trading in the 282.50 - 378.50 range, which is quite wide. It is currently trading near the lows of this range.
- CEG has an average volume of 2951530 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- CEG is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so CEG is lagging the market.
- Volume is considerably higher in the last couple of days.
The technical rating of CEG is bad and it also does not present a quality setup at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
165.41
We found 3 important support areas.
- A support zone ranging from 285.26 to 288.75. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @175.73 from a trend line in the weekly time frame.
- Support @167.08 from a horizontal line in the weekly time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 357.07 to 359.59. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 | DOWN | NEGATIVE | The long term trend for CEG is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for CEG is down. |
| ChartMill Relative Strength | 18.14 | NEGATIVE | CEG has a low relative strength, it was outperformed by 81.86% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of CEG is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of CEG is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | MIXED | The current price of CEG is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 32.6 | NEUTRAL | The RSI value for CEG is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -4.76 | NEGATIVE | The MACD value suggests CEG has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 4.66 | OVERSOLD | The low Stochastics value suggests CEG may be oversold. |
| Average True Range in percent/ATR (20) | 5.12 | HIGH VOLATILITY | The high ATR as a percentage value for CEG suggests high volalility. |
| Average Directional Index/ADX (14) | 24.57 | NEUTRAL | The ADX value for CEG suggests a possible start of a new trend. |
288.76
+3.49 (+1.22%)
CONSTELLATION ENERGY / CEG FAQ
What is the technical rating for CEG stock?
ChartMill assigns a technical rating of 0 / 10 to CEG.
Can you provide the trend direction for CONSTELLATION ENERGY?
The current trend direction for CONSTELLATION ENERGY (CEG) is Bearish.
What is the RSI signal for CEG stock?
CONSTELLATION ENERGY (CEG) has an RSI value of 32.6049. This indicates that the stock is currently neutral.
Can you provide the short term momentum for CONSTELLATION ENERGY?
The short term momentum for CONSTELLATION ENERGY (CEG) is negative.
What is the buy/sell signal for CONSTELLATION ENERGY (CEG) stock?
The buy/sell signal for CONSTELLATION ENERGY (CEG) is sell as both the short term and long term trends are negative.