CLEARWAY ENERGY INC-C (CWEN) Stock Technical Analysis
NYSE:CWEN - New York Stock Exchange, Inc. - US18539C2044 - Common Stock - Currency: USD
We assign a technical rating of 10 out of 10 to CWEN. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, CWEN is showing a nice and steady performance.
Both the short term and long term trends are positive. This is a very positive sign.
Looking at the yearly performance, CWEN did better than 82% of all other stocks.
CWEN is currently trading in the upper part of its 52 week range. The S&P500 Index is also trading in the upper part of its 52 week range, so CWEN is performing more or less in line with the market.
In the last month CWEN has a been trading in the 28.12 - 30.86 range, which is quite wide. It is currently trading near the high of this range.
CWEN is part of the Independent Power and Renewable Electricity Producers industry. There are 20 other stocks in this industry, CWEN did better than 68% of them.
Although CWEN has an excellent technical rating, the quality of the presented setup is not ideal 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
24.34
31.10
4 important support areas can be observed.
- A support zone ranging from 28.90 to 29.59. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 27.93 to 28.03. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 26.63 to 26.78. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @24.59 from a horizontal line in the weekly time frame.
We found 1 important resistance area.
- A resistance zone ranging from 30.50 to 30.79. 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
CRS82.85
Mansfield0.56
10 Day High30.86
10 Day Low28.12
20 Day High30.86
20 Day Low28.12
52 Week High31.09
52 Week Low24.02
Performance
1 Week2.85%
2 Weeks4.86%
1 Month6.57%
3 Month9.37%
6 Month5.82%
12 Month11.73%
2 Year4.42%
3 Year-14.41%
5 Year36.92%
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)0.17
RSI(14)57.54
LBB27.8
UBB30.86
30
-0.61 (-1.99%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorUtilities
GICS IndustryIndependent Power and Renewable Electricity Producers
Performance
% Chg-1.99%
1 Week2.85%
2 Weeks4.86%
1 Month6.57%
3 Month9.37%
6 Month5.82%
12 Month11.73%
2 Year4.42%
3 Year-14.41%
5 Year36.92%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.63
ATR(20)%2.32%
ATR Inc-14.11%
Range Today0.8
ADR(20)0.68
ADR(20)%2.28%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS82.85
Mansfield0.56
10 Day High30.86
10 Day Low28.12
20 Day High30.86
20 Day Low28.12
52 Week High31.09
52 Week Low24.02
CS1 End29.59
CR1 Start30.5
Volume & EV
DER(3)4.99%
DER(5)5.02%
Volume1.06M
Volume Incr-10.08%
Vol(5)748.34K
Vol(50)978.01K