CONSTELLATION ENERGY (CEG) Stock Technical Analysis
NASDAQ:CEG - Nasdaq - US21037T1097 - Common Stock - Currency: USD
Overall CEG gets a technical rating of 9 out of 10. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, CEG is showing a nice and steady performance.
The long and short term trends are both positive. This is looking good!
CEG is part of the Electric Utilities industry. There are 46 other stocks in this industry. CEG outperforms 73% of them.
In the last month CEG has a been trading in the 208.27 - 296.17 range, which is quite wide. It is currently trading near the high of this range.
CEG has an average volume of 3767820 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 85% of all stocks. However, this overall performance is mostly based on the strong move around 7 months ago.
CEG is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so CEG is lagging the market slightly.
Considerably lower volume is observed in the last couple of days.
CEG has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 292.41. Right above this resistance zone may be a good entry point.
More info and screens
165.41
296.97
4 important support areas can be observed.
- A support zone ranging from 283.70 to 284.39. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Support @177.02 from a trend line in the weekly time frame.
- Support @173.11 from a horizontal line in the daily 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 292.41 to 294.03. This zone is formed by a combination of multiple trend lines in multiple time frames.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS85.16
Mansfield1.86
10 Day High296.17
10 Day Low264.66
20 Day High296.17
20 Day Low208.27
52 Week High352
52 Week Low155.6
Performance
1 Week0.3%
2 Weeks6.79%
1 Month45.56%
3 Month2.8%
6 Month17.01%
12 Month26.78%
2 Year248.01%
3 Year371.01%
5 YearN/A
10 YearN/A
15 YearN/A
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)
Technical Indicators
MACD(12,26,9)3.09
RSI(14)71.64
LBB239.68
UBB309.88
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 |
|---|---|---|---|
| 294.04 | 283.69 | 10.35 (3.52%) | 25.00% |
| An entry @294.04. This is a Buy Stop order right above the resistance zone. | An exit @283.69. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 10.35 points, which is 3.52%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.88%. |
- 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.
292.4
-1.62 (-0.55%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorUtilities
GICS IndustryElectric Utilities
Performance
% Chg-0.55%
1 Week0.3%
2 Weeks6.79%
1 Month45.56%
3 Month2.8%
6 Month17.01%
12 Month26.78%
2 Year248.01%
3 Year371.01%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)12.73
ATR(20)%4.02%
ATR Inc-34.26%
Range Today3.36
ADR(20)9.82
ADR(20)%3.36%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS85.16
Mansfield1.86
10 Day High296.17
10 Day Low264.66
20 Day High296.17
20 Day Low208.27
52 Week High352
52 Week Low155.6
CS1 End284.39
CR1 Start292.41
Volume & EV
DER(3)2.38%
DER(5)1.01%
Volume1.48M
Volume Incr-32.7%
Vol(5)2.18M
Vol(50)3.77M