EVERSOURCE ENERGY (ES) Stock Technical Analysis
NYSE:ES - New York Stock Exchange, Inc. - US30040W1080 - Common Stock - Currency: USD
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.
The long term trend is still negative, but the short term trend is neutral. It is advised to wait a little bit longer to see how this turns out.
ES is one of the lesser performing stocks in the Electric Utilities industry. 71% of 46 stocks in the same industry do better.
ES has an average volume of 2880000 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
When comparing the performance of all stocks over the past year, ES turns out to be only a medium performer in the overall market: it outperformed 55% of all stocks.
ES is currently trading in the middle of its 52 week range. This is in line with the S&P500 Index, which is also trading in the middle of its range.
In the last month ES has a been trading in the 52.28 - 62.83 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Volume is considerably higher in the last couple of days.
Although the technical rating is bad, ES does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 61.37. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 56.71, a Stop Loss order could be placed below this zone.
More info and screens
55.06
65.24
When analyzing the support we notice one important area.
- A support zone ranging from 55.62 to 56.71. This zone is formed by a combination of multiple trend lines in multiple time frames.
2 important resistance areas can be observed.
- A resistance zone ranging from 61.37 to 62.06. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 63.38 to 64.59. 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
CRS55.82
Mansfield-0.44
10 Day High60.02
10 Day Low55.56
20 Day High62.83
20 Day Low52.28
52 Week High69.01
52 Week Low52.28
Performance
1 Week1.68%
2 Weeks2.42%
1 Month-4.99%
3 Month1.99%
6 Month-7.6%
12 Month-1.97%
2 Year-15.02%
3 Year-36.28%
5 Year-29.71%
10 Year19.45%
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)0.29
RSI(14)50.3
LBB56.71
UBB59.95
58.83
-0.25 (-0.42%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorUtilities
GICS IndustryElectric Utilities
Performance
% Chg-0.42%
1 Week1.68%
2 Weeks2.42%
1 Month-4.99%
3 Month1.99%
6 Month-7.6%
12 Month-1.97%
2 Year-15.02%
3 Year-36.28%
5 Year-29.71%
10 Year19.45%
15 YearN/A
Volatility
ATR(14)1.46
ATR(20)%3.42%
ATR Inc-22.19%
Range Today1.47
ADR(20)1.92
ADR(20)%3.27%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS55.82
Mansfield-0.44
10 Day High60.02
10 Day Low55.56
20 Day High62.83
20 Day Low52.28
52 Week High69.01
52 Week Low52.28
CS1 End56.71
CR1 Start61.37
Volume & EV
DER(3)0.66%
DER(5)-0.84%
Volume3.88M
Volume Incr68.51%
Vol(5)4.75M
Vol(50)2.88M