ENTERGY CORP (ETR) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:ETR - US29364G1031 - Common Stock
We assign a technical rating of 4 out of 10 to ETR. ETR was one of the better performers in the overall market, it is still ok in the medium term time frame, but very the very recent evolution is negative.
ETR has only a medium 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 91.50, a Stop Loss order could be placed below this zone.
More info and screens
85.81
We found 2 important support areas.
- A support zone ranging from 91.50 to 91.50. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 86.68 to 87.70. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 2 important resistance areas.
- A resistance zone ranging from 92.04 to 95.01. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 97.48 to 97.65. 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 | UP | POSITIVE | The long term trend for ETR is up. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for ETR is down. |
| ChartMill Relative Strength | 72.06 | POSITIVE | ETR has a high relative strength, it outperformed 72.06% 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) | DOWN | NEGATIVE | The current price of ETR is below a declining 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) | 42.02 | NEUTRAL | The RSI value for ETR is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.18 | NEGATIVE | The MACD value suggests ETR has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 13.41 | OVERSOLD | The low Stochastics value suggests ETR may be oversold. |
| Average True Range in percent/ATR (20) | 1.81 | LOW VOLATILITY | The low ATR as a percentage value for ETR suggests low volalility. |
| Average Directional Index/ADX (14) | 26.67 | POSITIVE | The high ADX value value for ETR suggests a strong trend. |
91.99
+0.49 (+0.54%)
ENTERGY CORP / ETR FAQ
Can you provide the ChartMill technical rating for ENTERGY CORP?
ChartMill assigns a technical rating of 4 / 10 to ETR.
Can you provide the trend direction for ENTERGY CORP?
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 42.0227. This indicates that the stock is currently neutral.
What is the buy/sell signal for ENTERGY CORP (ETR) stock?
The buy/sell signal for ENTERGY CORP (ETR) is hold as the short term and long term trends are mixed.
Can you provide the support and resistance levels for ENTERGY CORP?
ENTERGY CORP (ETR) has a support level at 91.5 and a resistance level at 92.04. Check the full technical report for our detailed analysis of ETR support and resistance levels.