CONSTELLATION ENERGY (CEG) Stock Technical Analysis
NASDAQ:CEG - US21037T1097 - Common Stock
310.16 USD
-2.36 (-0.76%)
310 USD
-0.16 (-0.05%)
Overall CEG gets a technical rating of 7 out of 10. 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.
In the last month CEG has a been trading in the 304.78 - 357.00 range, which is quite wide. It is currently trading near the lows of this range.
When comparing the yearly performance of all stocks, we notice that CEG is one of the better performing stocks in the market, outperforming 87% of all stocks. We also observe that the gains produced by CEG over the past year are nicely spread over this period.
CEG is one of the better performing stocks in the Electric Utilities industry, it outperforms 93% of 47 stocks in the same industry.
CEG is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so CEG is lagging the market slightly.
CEG has an average volume of 2364430 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
The short term trend is negative, but the long term trend is still positive. So although the long term is still positive, this may be a trend turning.
CEG has an excellent technical rating, but the quality of the setup is only medium 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
350.92
3 important support areas can be observed.
- A support zone ranging from 310.15 to 310.15. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @188.28 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 347.44 to 347.45. 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 | UP | POSITIVE | The long term trend for CEG is up. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for CEG is down. |
| ChartMill Relative Strength | 87.03 | POSITIVE | CEG has a high relative strength, it outperformed 87.03% 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) | UP | MIXED | The current price of CEG is below 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) | 38.61 | NEUTRAL | The RSI value for CEG is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -3.85 | NEGATIVE | The MACD value suggests CEG has a negative trend. |
| Stochastics (14,3) | 14.62 | OVERSOLD | The low Stochastics value suggests CEG may be oversold. |
| Average True Range in percent/ATR (20) | 3.99 | MEDIUM VOLATILITY | The ATR as a percentage value for CEG suggests some volalility. |
| Average Directional Index/ADX (14) | 21.34 | NEUTRAL | The ADX value for CEG suggests a possible start of a new trend. |
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
310.16
-2.36 (-0.76%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorUtilities
GICS IndustryElectric Utilities
Performance
% Chg-0.76%
1 Week-3.75%
2 Weeks-7.63%
1 Month-5.25%
3 Month4.26%
6 Month9.04%
12 Month59.06%
2 Year197.77%
3 Year280.15%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)11.62
ATR(20)%3.99%
ATR Inc-37.82%
Range Today8.8
ADR(20)11.71
ADR(20)%3.77%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS87.03
Mansfield0.62
10 Day High342.75
10 Day Low304.78
20 Day High357
20 Day Low304.78
52 Week High357
52 Week Low161.35
CS1 End310.15
CR1 Start347.44
Volume & EV
DER(3)-0.2%
DER(5)0.87%
Volume1.86M
Volume Incr-18.74%
Vol(5)2.02M
Vol(50)2.36M