EVERSOURCE ENERGY (ES) Technical Analysis
NYSE:ES • US30040W1080
Current stock price
67.59 USD
-0.37 (-0.54%)
At close:
67.59 USD
0 (0%)
After Hours:
ES Technical Rating and Analysis
We assign a technical rating of 1 out of 10 to ES. ES has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.
- ES is currently showing a bear flag pattern! A bear flag pattern occurs when prices pull back slightly after a strong move down. This may present a good short opportunity.
- ES has an average volume of 2771790 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- The long term trend is neutral, but the short term trend is negative. Better to stay away from this!
- When compared to the yearly performance of all other stocks, ES outperforms 66% of them, which is more or less in line with the market.
- ES is an average performer in the Electric Utilities industry, it outperforms 41% of 47 stocks in the same industry.
- ES 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 ES is lagging the market slightly.
ES Weekly and Daily overview Charts
ES Setup Rating and Analysis
ES has a poor technical rating and the quality of the setup is also not perfect 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
ES Support and Resistance Analysis
56.14
76.97
When analyzing the support we can see 3 important areas.
- A support zone ranging from 66.04 to 66.86. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 62.40 to 63.53. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @56.71 from a horizontal line in the weekly time frame.
We can see 3 important resistance areas.
- A resistance zone ranging from 70.39 to 71.64. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @74.88 from a horizontal line in the daily time frame.
- A resistance zone ranging from 76.21 to 76.21. This zone is formed by a combination of multiple trend lines in multiple time frames.
ES Technical Indicator Signal Analysis
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 | NEUTRAL | NEUTRAL | The long term trend for ES is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for ES is down. |
| ChartMill Relative Strength | 66.08 | NEUTRAL | ES is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of ES is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of ES is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | MIXED | The current price of ES is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 35.45 | NEUTRAL | The RSI value for ES is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.72 | NEGATIVE | The MACD value suggests ES has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 14.23 | OVERSOLD | The low Stochastics value suggests ES may be oversold. |
| Average True Range in percent/ATR (20) | 2.74 | MEDIUM VOLATILITY | The ATR as a percentage value for ES suggests some volalility. |
| Average Directional Index/ADX (14) | 25.2 | POSITIVE | The high ADX value value for ES suggests a strong trend. |
ES Chart- and CandleStick Pattern Analysis
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)
ES Technicals: Chart, Performance Metrics, Trend & Indicators
67.59
-0.37 (-0.54%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorUtilities
GICS IndustryElectric Utilities
Performance
% Chg-0.54%
1 Week1.38%
2 Weeks-7.54%
1 Month-11.31%
3 Month0.52%
6 Month-3.12%
12 Month10.59%
2 Year13.08%
3 Year-13.63%
5 Year-21.94%
10 Year15.86%
15 YearN/A
Volatility
ATR(14)1.74
ATR(20)%2.74%
ATR Inc-27.39%
Range Today1.08
ADR(20)1.78
ADR(20)%2.64%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS66.08
3 months CRS73.41
6 months CRS49.26
Mansfield0.18
10 Day High73.88
10 Day Low66.32
20 Day High76.21
20 Day Low66.32
52 Week High76.41
52 Week Low52.28
CS1 End66.86
CR1 Start70.39
Volume & EV
DER(3)-0.4%
DER(5)-0.77%
Volume2.46M
Volume Incr0.33%
Vol(5)2.71M
Vol(50)2.77M
EVERSOURCE ENERGY / ES TA FAQ
What is the technical rating for ES stock?
ChartMill assigns a technical rating of 1 / 10 to ES.
What is the trend direction for ES stock?
The current trend direction for EVERSOURCE ENERGY (ES) is Bearish.
Can you provide the RSI signal for EVERSOURCE ENERGY?
EVERSOURCE ENERGY (ES) has an RSI value of 35.4542. This indicates that the stock is currently neutral.
What is the MACD signal for EVERSOURCE ENERGY (ES) stock?
The MACD indicator for EVERSOURCE ENERGY (ES) has a value of -0.715259, indicating a bearish trend.