EVERSOURCE ENERGY (ES) Stock Technical Analysis
NYSE:ES - US30040W1080 - Common Stock
64.07 USD
-0.23 (-0.36%)
64.3263 USD
+0.26 (+0.4%)
Taking everything into account, ES scores 2 out of 10 in our technical rating. In the last year, ES was among the worst performers in the market. Also the short term picture is negative, the medium term is unclear at the moment.
When comparing the yearly performance of all stocks, ES is a bad performer in the overall market: 76% of all stocks are doing better.
ES is part of the Electric Utilities industry. There are 47 other stocks in this industry, of which 80% are performing better than ES.
ES 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 ES is lagging the market slightly.
In the last month ES has a been trading in the 61.53 - 67.15 range, which is quite wide. It is currently trading in the middle of this range where prices have been consolidating recently, this may present a good entry opportunity, but some resistance may be present above.
ES has an average volume of 2294930 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
The short term trend is negative, the long term trend is neutral. Not much exciting going on here.
Volume is considerably higher in the last couple of days.
ES has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a support zone below the current price at 63.77, a Stop Loss order could be placed below this zone.
More info and screens
55.06
69.08
When analyzing the support we can see 2 important areas.
- A support zone ranging from 62.40 to 63.77. This zone is formed by a combination of multiple trend lines in the daily time frame.
- A support zone ranging from 55.62 to 56.92. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 64.68 to 65.55. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 67.97 to 68.40. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 | 24.37 | NEGATIVE | ES has a low relative strength, it was outperformed by 75.63% off all stocks 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) | UP | MIXED | The current price of ES is below the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of ES is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 44.16 | NEUTRAL | The RSI value for ES is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.2 | NEGATIVE | The MACD value suggests ES has a negative trend. |
| Stochastics (14,3) | 50.89 | NEUTRAL | The Stochastics value for ES is a neutral value. |
| Average True Range in percent/ATR (20) | 1.89 | LOW VOLATILITY | The low ATR as a percentage value for ES suggests low volalility. |
| Average Directional Index/ADX (14) | 17.02 | NEGATIVE | The low ADX value for ES suggests a weak or negative 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)
64.07
-0.23 (-0.36%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorUtilities
GICS IndustryElectric Utilities
Performance
% Chg-0.36%
1 Week-3.7%
2 Weeks-2.23%
1 Month-2.26%
3 Month-1.14%
6 Month1.68%
12 Month-5.12%
2 Year0.39%
3 Year-28.57%
5 Year-25.25%
10 Year35.63%
15 YearN/A
Volatility
ATR(14)1.25
ATR(20)%1.89%
ATR Inc-37.9%
Range Today0.8
ADR(20)1.04
ADR(20)%1.63%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS24.37
Mansfield-0.63
10 Day High67.15
10 Day Low61.53
20 Day High67.15
20 Day Low61.53
52 Week High69.01
52 Week Low52.28
CS1 End63.77
CR1 Start64.68
Volume & EV
DER(3)-0.1%
DER(5)-0.07%
Volume1.74M
Volume Incr73.75%
Vol(5)3.50M
Vol(50)2.29M