EVERGY INC (EVRG) Stock Technical Analysis
NASDAQ:EVRG - Nasdaq - US30034W1062 - Common Stock - Currency: USD
Taking everything into account, EVRG scores 4 out of 10 in our technical rating. In the last year, EVRG was a medium performer in the overall market. We are getting mixed signals now in both the short and medium term picture.
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.
EVRG is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so EVRG is lagging the market slightly.
In the last month EVRG has a been trading in the 66.19 - 70.34 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 2531930 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
When compared to the yearly performance of all other stocks, EVRG outperforms 60% of them, which is more or less in line with the market.
EVRG is an average performer in the Electric Utilities industry, it outperforms 63% of 47 stocks in the same industry.
EVRG 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. A pullback is taking place, which may present a nice opportunity for an entry. There is a support zone below the current price at 67.69, a Stop Loss order could be placed below this zone.
More info and screens
63.42
70.88
When analyzing the support we notice one important area.
- A support zone ranging from 64.06 to 67.69. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 68.55 to 70.18. 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 | NEUTRAL | NEUTRAL | The short term trend for EVRG is neutral. |
| ChartMill Relative Strength | 60.31 | NEUTRAL | EVRG is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of EVRG is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of EVRG is above 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) | 47.54 | NEUTRAL | The RSI value for EVRG is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.2 | NEGATIVE | The MACD value suggests EVRG has a negative trend. |
| Stochastics (14,3) | 19.08 | OVERSOLD | The low Stochastics value suggests EVRG may be oversold. |
| Average True Range in percent/ATR (20) | 1.56 | LOW VOLATILITY | The low ATR as a percentage value for EVRG suggests low volalility. |
| Average Directional Index/ADX (14) | 13.85 | 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)
67.84
-0.23 (-0.34%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorUtilities
GICS IndustryElectric Utilities
Performance
% Chg-0.34%
1 Week-2.27%
2 Weeks-1.65%
1 Month1.65%
3 Month-0.78%
6 Month7.41%
12 Month22.52%
2 Year13.12%
3 Year-0.62%
5 Year4.64%
10 YearN/A
15 YearN/A
Volatility
ATR(14)1.13
ATR(20)%1.56%
ATR Inc-39.96%
Range Today0.68
ADR(20)1.01
ADR(20)%1.49%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS60.31
Mansfield-0.24
10 Day High70.34
10 Day Low67.3
20 Day High70.34
20 Day Low66.19
52 Week High70.36
52 Week Low55.13
CS1 End67.69
CR1 Start68.55
Volume & EV
DER(3)-3.95%
DER(5)-2.66%
Volume2.50M
Volume Incr16.6%
Vol(5)2.74M
Vol(50)2.53M