361.33 USD
+3.52 (+0.98%)
364.4 USD
+3.07 (+0.85%)
Taking everything into account, CEG scores 6 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.
The long term trend is positive and the short term trend is neutral. The long term trend gets the benefit of the doubt for now.
CEG is part of the Electric Utilities industry. There are 47 other stocks in this industry. CEG outperforms 91% of them.
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.
In the last month CEG has a been trading in the 334.18 - 380.78 range, which is quite wide. It is currently trading in the middle of this range where prices have been consolidating recently, this may present a good entry opportunity, but some resistance may be present above.
CEG has an average volume of 2735610 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
When comparing the yearly performance of all stocks, we notice that CEG is one of the better performing stocks in the market, outperforming 90% of all stocks. However, this overall performance is mostly based on the strong move around 7 months ago.
CEG has only a medium technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced.
More info and screens
165.41
408.00
We found 5 important support areas.
- Support @344.81 from a trend line in the daily time frame.
- A support zone ranging from 335.73 to 338.10. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @312.81 from a trend line in the daily time frame.
- Support @306.63 from a horizontal line in the daily time frame.
- Support @167.08 from a horizontal line in the weekly time frame.
We can see 3 important resistance areas.
- A resistance zone ranging from 363.43 to 363.44. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @373.53 from a trend line in the daily time frame.
- 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 | 90.17 | POSITIVE | CEG has a high relative strength, it outperformed 90.17% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of CEG is above the rising 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 | POSITIVE | The current price of CEG is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 51.23 | NEUTRAL | The RSI value for CEG is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.08 | NEGATIVE | The MACD value suggests CEG has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 51.5 | NEUTRAL | The Stochastics value for CEG is a neutral value. |
| Average True Range in percent/ATR (20) | 4.37 | MEDIUM VOLATILITY | The ATR as a percentage value for CEG suggests some volalility. |
| Average Directional Index/ADX (14) | 9.64 | NEGATIVE | The low ADX value for CEG suggests a weak or negative 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)
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 |
|---|---|---|---|
| 363.45 | 344.80 | 18.65 (5.13%) | 19.49% |
| An entry @363.45. This is a Buy Stop order right above the resistance zone. | An exit @344.80. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 18.65 points, which is 5.13%. | For a 1.00% total portfolio risk, you can invest 19.49% of your capital in this trade. |
- The distance between exit and entry is rather small compared to the average daily movement of CEG. Please evaluate whether better entry and exit points can be found.
- 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.
361.33
+3.52 (+0.98%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorUtilities
GICS IndustryElectric Utilities
Performance
% Chg0.98%
1 Week-1.17%
2 Weeks0.61%
1 Month2.04%
3 Month9.08%
6 Month12.86%
12 Month59.5%
2 Year209.12%
3 Year319.13%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)18.05
ATR(20)%4.37%
ATR Inc-45.02%
Range Today11.31
ADR(20)15.06
ADR(20)%4.17%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS90.17
3 months CRS83.26
6 months CRS73.05
Mansfield0.71
10 Day High380.78
10 Day Low334.18
20 Day High380.78
20 Day Low334.18
52 Week High412.7
52 Week Low161.35
CS1 End344.81
CR1 Start363.43
Volume & EV
DER(3)-0.33%
DER(5)0.66%
Volume1.40M
Volume Incr41.8%
Vol(5)3.32M
Vol(50)2.74M
CONSTELLATION ENERGY / CEG FAQ
What is the technical rating for CEG stock?
ChartMill assigns a technical rating of 6 / 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 51.2322. 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 -0.0810784, indicating a bearish trend.
What is the support and resistance level for CEG stock?
CONSTELLATION ENERGY (CEG) has a support level at 344.81 and a resistance level at 363.43. Check the full technical report for our detailed analysis of CEG support and resistance levels.