EVERGY INC (EVRG) Stock Technical Analysis
NASDAQ:EVRG • US30034W1062
Taking everything into account, EVRG scores 10 out of 10 in our technical rating. Both in the recent history as in the last year, EVRG has proven to be a steady performer, scoring decent points in every aspect analyzed.
- The long and short term trends are both positive. This is looking good!
- When comparing the yearly performance of all stocks, we notice that EVRG is one of the better performing stocks in the market, outperforming 70% of all stocks. On top of that, EVRG also shows a nice and consistent pattern of rising prices.
- EVRG is currently trading near its 52 week high, which is a good sign. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
- In the last month EVRG has a been trading in the 75.69 - 83.19 range, which is quite wide. It is currently trading near the high of this range.
- EVRG has an average volume of 2154750 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- EVRG is an average performer in the Electric Utilities industry, it outperforms 57% of 46 stocks in the same industry.
Although EVRG has an excellent technical rating, the quality of the presented setup is not ideal at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
70.72
3 important support areas can be observed.
- A support zone ranging from 77.54 to 78.65. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 74.63 to 75.69. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 71.43 to 73.28. 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 EVRG is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for EVRG is up. |
| ChartMill Relative Strength | 70.8 | POSITIVE | EVRG has a high relative strength, it outperformed 70.8% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of EVRG is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of EVRG is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of EVRG is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 66.23 | NEUTRAL | The RSI value for EVRG is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.2 | POSITIVE | The MACD value suggests EVRG has a positive trend. |
| Stochastics (14,3) | 65.7 | NEUTRAL | The Stochastics value for EVRG is a neutral value. |
| Average True Range in percent/ATR (20) | 1.91 | LOW VOLATILITY | The low ATR as a percentage value for EVRG suggests low volalility. |
| Average Directional Index/ADX (14) | 36.99 | POSITIVE | The high ADX value value for EVRG suggests a strong trend. |
82.11
+1.85 (+2.31%)
EVERGY INC / EVRG FAQ
What is the ChartMill technical rating of EVERGY INC (EVRG) stock?
ChartMill assigns a technical rating of 10 / 10 to EVRG.
What is the current trend direction of EVERGY INC (EVRG) stock?
The current trend direction for EVERGY INC (EVRG) is Bullish.
What is the RSI signal for EVERGY INC (EVRG) stock?
EVERGY INC (EVRG) has an RSI value of 66.2277. This indicates that the stock is currently neutral.
Can you provide the MACD signal for EVERGY INC?
The MACD indicator for EVERGY INC (EVRG) has a value of 0.198917, indicating a bearish trend.
Can you provide the buy/sell signal for EVERGY INC?
The buy/sell signal for EVERGY INC (EVRG) is buy as both the short term and long term trends are positive.