CMS ENERGY CORP (CMS) Stock Technical Analysis
NYSE:CMS - New York Stock Exchange, Inc. - US1258961002 - Common Stock - Currency: USD
Overall CMS gets a technical rating of 6 out of 10. In the last year, CMS was an average performer in the market. There are positive signs in the very recent evolution, but the medium term picture is still mixed.
The long term trend is positive and the short term trend is neutral. The long term trend may just continue or reversal may be around the corner!
CMS is part of the Multi-Utilities industry. There are 25 other stocks in this industry. CMS outperforms 70% of them.
CMS 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 CMS is lagging the market slightly.
CMS has an average volume of 2379440 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
When compared to the yearly performance of all other stocks, CMS outperforms 56% of them, which is more or less in line with the market.
In the last month CMS has a been trading in the 70.03 - 74.94 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
CMS has only a medium technical rating, but it does show a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. A pullback is taking place, which may present a nice opportunity for an entry. There is a support zone below the current price at 72.72, a Stop Loss order could be placed below this zone. Another positive sign is the recent Pocket Pivot signal.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
64.34
76.27
When analyzing the support we can see 2 important areas.
- A support zone ranging from 68.37 to 72.72. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 64.99 to 65.09. This zone is formed by a combination of multiple trend lines in multiple time frames.
2 important resistance areas can be observed.
- A resistance zone ranging from 72.91 to 74.18. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Strong resistance @75.51 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 CMS is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for CMS is neutral. |
| ChartMill Relative Strength | 56.53 | NEUTRAL | CMS is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of CMS is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of CMS is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of CMS is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 52.43 | NEUTRAL | The RSI value for CMS is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.1 | NEGATIVE | The MACD value suggests CMS has a negative trend. |
| Stochastics (14,3) | 50.53 | NEUTRAL | The Stochastics value for CMS is a neutral value. |
| Average True Range in percent/ATR (20) | 1.47 | LOW VOLATILITY | The low ATR as a percentage value for CMS suggests low volalility. |
| Average Directional Index/ADX (14) | 21.13 | NEUTRAL | The ADX value for CMS 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)
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 |
|---|---|---|---|
| 74.19 | 71.93 | 2.26 (3.05%) | 25.00% |
| An entry @74.19. This is a Buy Stop order right above the resistance zone. | An exit @71.93. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 2.26 points, which is 3.05%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.76%. |
- 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.
72.81
-0.11 (-0.15%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorUtilities
GICS IndustryMulti-Utilities
Performance
% Chg-0.15%
1 Week-1.82%
2 Weeks0.75%
1 Month3.53%
3 Month1.87%
6 Month5.81%
12 Month9.57%
2 Year29.58%
3 Year7.8%
5 Year20.37%
10 Year122.12%
15 Year316.06%
Volatility
ATR(14)1.09
ATR(20)%1.47%
ATR Inc-12.89%
Range Today0.76
ADR(20)1.04
ADR(20)%1.43%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS56.53
Mansfield-0.54
10 Day High74.94
10 Day Low71.94
20 Day High74.94
20 Day Low70.03
52 Week High76.45
52 Week Low63.97
CS1 End72.72
CR1 Start72.91
Volume & EV
DER(3)2.36%
DER(5)2.12%
Volume3.29M
Volume Incr17.12%
Vol(5)2.50M
Vol(50)2.38M