EVERGY INC (EVRG) Stock Technical Analysis
NASDAQ:EVRG - Nasdaq - US30034W1062 - Common Stock - Currency: USD
Taking everything into account, EVRG scores 5 out of 10 in our technical rating. In the last year, EVRG was one of the better performers, but we do observe some doubts in the very recent evolution.
Looking at the yearly performance, EVRG did better than 77% of all other stocks. We also observe that the gains produced by EVRG over the past year are nicely spread over this period.
EVRG 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 EVRG is performing more or less in line with the market.
In the last month EVRG has a been trading in the 63.29 - 70.36 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.
EVRG has an average volume of 2420860 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
The long term trend is positive and the short term trend is negative. It is probably better to wait until this picture becomes clearer.
EVRG is part of the Electric Utilities industry. There are 46 other stocks in this industry, EVRG did better than 60% of them.
Although the technical rating is only medium, EVRG does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. There is a support zone below the current price at 65.80, a Stop Loss order could be placed below this zone.
More info and screens
58.47
70.34
When analyzing the support we can see 3 important areas.
- A support zone ranging from 64.06 to 65.80. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @61.91 from a trend line in the daily time frame.
- A support zone ranging from 59.06 to 59.34. This zone is formed by a combination of multiple trend lines in multiple time frames.
We found 1 important resistance area.
- A resistance zone ranging from 66.43 to 69.64. This zone is formed by a combination of multiple trend lines and important moving averages 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 | DOWN | NEGATIVE | The short term trend for EVRG is down. |
| ChartMill Relative Strength | 77.85 | POSITIVE | EVRG has a high relative strength, it outperformed 77.85% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of EVRG is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of EVRG is below a declining 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) | 47.91 | NEUTRAL | The RSI value for EVRG is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests EVRG has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 57.63 | NEUTRAL | The Stochastics value for EVRG is a neutral value. |
| Average True Range in percent/ATR (20) | 1.82 | LOW VOLATILITY | The low ATR as a percentage value for EVRG suggests low volalility. |
| Average Directional Index/ADX (14) | 19.45 | NEGATIVE | The low ADX value for EVRG suggests a weak or negative trend. |
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)
66.41
+0.18 (+0.27%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorUtilities
GICS IndustryElectric Utilities
Performance
% Chg0.27%
1 Week0.74%
2 Weeks1.08%
1 Month-2.95%
3 Month-3.63%
6 Month2.75%
12 Month21.5%
2 Year14.8%
3 Year-5.05%
5 Year7.65%
10 YearN/A
15 YearN/A
Volatility
ATR(14)1.12
ATR(20)%1.82%
ATR Inc-32.05%
Range Today0.78
ADR(20)1.15
ADR(20)%1.73%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS77.85
Mansfield0.35
10 Day High67.96
10 Day Low64.75
20 Day High70.36
20 Day Low63.29
52 Week High70.36
52 Week Low52.1
CS1 End65.8
CR1 Start66.43
Volume & EV
DER(3)-0.32%
DER(5)-0.26%
Volume2.94M
Volume Incr-12.06%
Vol(5)2.16M
Vol(50)2.42M