CLEARWAY ENERGY INC-C (CWEN)

US18539C2044 - Common Stock

24.43  +0.73 (+3.08%)

After market: 24.5 +0.07 (+0.29%)

Technical Rating and Analysis

5

We assign a technical rating of 5 out of 10 to CWEN. In the past year, CWEN was a below average performing stock in the market. The medium term picture is also negative, but we see some improvement happening in recent action.

When comparing the yearly performance of all stocks, CWEN is a bad performer in the overall market: 78% of all stocks are doing better.
CWEN is one of the lesser performing stocks in the Independent Power and Renewable Electricity Producers industry. 60% of 21 stocks in the same industry do better.
The short term trend is positive, while the long term trend is neutral. So this is evolving in the right direction.
In the last month CWEN has a been trading in the 21.71 - 24.68 range, which is quite wide. It is currently trading near the high of this range.
CWEN 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 CWEN is lagging the market slightly.
Weekly and Daily overview Charts
CWEN Weekly chart
CWEN Daily chart
Setup Rating and Analysis

2

CWEN has an average technical rating and it also does not offer a high quality setup at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.

Support and Resistance Analysis

20.58

27.99

5 important support areas can be observed.

  • A support zone ranging from 24.28 to 24.33. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • A support zone ranging from 23.20 to 23.45. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • A support zone ranging from 22.29 to 22.51. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
  • A support zone ranging from 21.35 to 21.57. This zone is formed by a combination of multiple trend lines in the daily time frame.
  • A support zone ranging from 20.79 to 20.89. This zone is formed by a combination of multiple trend lines in multiple time frames.

When analyzing the resistance we notice 2 important areas.

  • Resistance @24.45 from a horizontal line in the daily time frame.
  • A resistance zone ranging from 27.43 to 27.71. This zone is formed by a combination of multiple trend lines in multiple time frames.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS22.22
Mansfield-1.19
10 Day High24.68
10 Day Low22.61
20 Day High24.68
20 Day Low21.72
52 Week High31.72
52 Week Low18.59
Performance
1 Week5.57%
2 Weeks7.2%
1 Month4.09%
3 Month1.88%
6 Month6.82%
12 Month-19.45%
2 Year-30.3%
3 Year-8.95%
5 Year62.87%
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)0.1
RSI(14)65.05
LBB21.86
UBB24.4
CWEN Daily chart

CLEARWAY ENERGY INC-C

NYSE:CWEN (5/3/2024, 7:04:00 PM)

After market: 24.5 +0.07 (+0.29%)

24.43

+0.73 (+3.08%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorUtilities
GICS IndustryIndependent Power and Renewable Electricity Producers
Performance
% Chg3.08%
1 Week5.57%
2 Weeks7.2%
1 Month4.09%
3 Month1.88%
6 Month6.82%
12 Month-19.45%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)0.59
ATR(20)%2.61%
ATR Inc
Range Today0.67
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High24.68
10 Day Low22.61
20 Day High24.68
20 Day Low21.72
52 Week High31.72
52 Week Low18.59
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume964.50K
Volume Incr-2.23%
Vol(5)898.14K
Vol(50)924.91K