ENTERGY CORP (ETR) Technical Analysis
NYSE:ETR • US29364G1031
Current stock price
ETR Technical Rating and Analysis
We assign a technical rating of 8 out of 10 to ETR. This is due to a consistent overall performance, although we see some doubts in the very recent evolution. In the medium time frame things are still looking good.
- The long term trend is positive and the short term trend is neutral. The long term trend gets the benefit of the doubt for now.
- When comparing the yearly performance of all stocks, we notice that ETR is one of the better performing stocks in the market, outperforming 78% of all stocks. On top of that, ETR also shows a nice and consistent pattern of rising prices.
- ETR is part of the Electric Utilities industry. There are 47 other stocks in this industry. ETR outperforms 76% of them.
- ETR is currently trading in the upper part of its 52 week range. The S&P500 Index is also trading in the upper part of its 52 week range, so ETR is performing more or less in line with the market.
- In the last month ETR has a been trading in the 99.24 - 107.93 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.
- ETR has an average volume of 2721670 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
ETR Weekly and Daily overview Charts
ETR Setup Rating and Analysis
Although ETR has an excellent technical rating, the quality of the presented setup is not ideal at the moment. Prices have been consolidating lately.
More info and screens
ETR Support and Resistance Analysis
90.28
When analyzing the support we can see 4 important areas.
- Support @98.65 from a trend line in the weekly time frame.
- A support zone ranging from 95.00 to 95.28. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @93.35 from a horizontal line in the daily time frame.
- A support zone ranging from 91.19 to 91.62. 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 103.81 to 105.07. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A resistance zone ranging from 107.11 to 107.11. This zone is formed by a combination of multiple trend lines in multiple time frames.
ETR 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 | UP | POSITIVE | The long term trend for ETR is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for ETR is neutral. |
| ChartMill Relative Strength | 78.94 | POSITIVE | ETR has a high relative strength, it outperformed 78.94% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of ETR is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of ETR is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of ETR is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 47.65 | NEUTRAL | The RSI value for ETR is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.76 | NEGATIVE | The MACD value suggests ETR has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 25.45 | NEUTRAL | The Stochastics value for ETR is a neutral value. |
| Average True Range in percent/ATR (20) | 2.24 | MEDIUM VOLATILITY | The ATR as a percentage value for ETR suggests some volalility. |
| Average Directional Index/ADX (14) | 23.91 | NEUTRAL | The ADX value for ETR suggests a possible start of a new trend. |
ETR Chart- and CandleStick Pattern Analysis
ETR Technicals: Chart, Performance Metrics, Trend & Indicators
102.52
+1.18 (+1.16%)
ENTERGY CORP / ETR TA FAQ
Can you provide the ChartMill technical rating for ENTERGY CORP?
ChartMill assigns a technical rating of 8 / 10 to ETR.
What is the trend direction for ETR stock?
The current trend direction for ENTERGY CORP (ETR) is Bullish.
What is the RSI signal for ETR stock?
ENTERGY CORP (ETR) has an RSI value of 47.6463. This indicates that the stock is currently neutral.
What is the MACD signal for ETR stock?
The MACD indicator for ENTERGY CORP (ETR) has a value of -0.75718, indicating a bearish trend.
What is the short term momentum for ETR stock?
The short term momentum for ENTERGY CORP (ETR) is neutral.