EVERSOURCE ENERGY (ES)

US30040W1080 - Common Stock

59.69  +0.7 (+1.19%)

After market: 59.24 -0.45 (-0.75%)

Technical Rating and Analysis

4

We assign a technical rating of 4 out of 10 to ES. In the last year, ES was a below average performer in the market. There are positive signs in the very recent evolution, but the medium term picture is still mixed.

When comparing the yearly performance of all stocks, ES is a bad performer in the overall market: 72% of all stocks are doing better.
ES is part of the Electric Utilities industry. There are 45 other stocks in this industry, of which 79% are performing better than ES.
ES is currently trading in the lower part 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.
In the last month ES has a been trading in the 56.16 - 60.44 range, which is quite wide. It is currently trading near the high of this range.
Prices have been consolidating recently, this may present a good entry opportunity.
ES has an average volume of 2743650 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Both the short term and long term trends are neutral. So this is not the most entertaining stock around.
Weekly and Daily overview Charts
ES Weekly chart
ES Daily chart
Setup Rating and Analysis

8

ES 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. There is a resistance zone just above the current price starting at 59.88. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 59.57, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for ES in the last couple of days, which is a good sign.

  • Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
Support and Resistance Analysis

51.93

64.94

2 important support areas can be observed.

  • A support zone ranging from 57.62 to 59.57. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • A support zone ranging from 52.45 to 53.16. This zone is formed by a combination of multiple trend lines in multiple time frames.

We can see 3 important resistance areas.

  • A resistance zone ranging from 59.88 to 60.98. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • Resistance @62.08 from a horizontal line in the weekly time frame.
  • Resistance @64.30 from a horizontal line in the daily time frame.
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
CRS28.84
Mansfield-1.28
10 Day High60.44
10 Day Low56.67
20 Day High60.44
20 Day Low56.16
52 Week High79.92
52 Week Low52.03
Performance
1 Week1.53%
2 Weeks2.02%
1 Month3.11%
3 Month11.76%
6 Month11.57%
12 Month-24.29%
2 Year-31.7%
3 Year-30.77%
5 Year-16.7%
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)-0.01
RSI(14)55.5
LBB57.54
UBB60.2
ES Daily chart

EVERSOURCE ENERGY

NYSE:ES (4/19/2024, 5:40:00 PM)

After market: 59.24 -0.45 (-0.75%)

59.69

+0.7 (+1.19%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorUtilities
GICS IndustryElectric Utilities
Performance
% Chg1.19%
1 Week1.53%
2 Weeks2.02%
1 Month3.11%
3 Month11.76%
6 Month11.57%
12 Month-24.29%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)1.23
ATR(20)%2.17%
ATR Inc
Range Today0.93
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 High60.44
10 Day Low56.67
20 Day High60.44
20 Day Low56.16
52 Week High79.92
52 Week Low52.03
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume2.32M
Volume Incr-7.78%
Vol(5)2.09M
Vol(50)2.74M