Taking everything into account, EVRG scores 6 out of 10 in our technical rating. Although EVRG is only a medium performer in the overall market, the technical picture looks good in both the medium and short term time frames.
- Both the short term and long term trends are positive. This is a very positive sign.
- EVRG is one of the better performing stocks in the Electric Utilities industry, it outperforms 71% of 46 stocks in the same industry.
- 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 72.56 - 78.49 range, which is quite wide. It is currently trading near the high of this range.
- EVRG has an average volume of 2008430 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 63% of them, which is more or less in line with the market.
Although the technical rating is only medium, EVRG does present a nice setup opportunity. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 77.98. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 76.77, a Stop Loss order could be placed below this zone. Very recently a Pocket Pivot signal was observed. This is another positive sign.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
64.59
When analyzing the support we can see 2 important areas.
- A support zone ranging from 72.31 to 76.73. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @65.24 from a horizontal line in the weekly time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 76.87 to 78.73. 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 | UP | POSITIVE | The short term trend for EVRG is up. |
| ChartMill Relative Strength | 63.78 | NEUTRAL | EVRG is not amongst the best or worst performers 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) | 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) | 55.89 | NEUTRAL | The RSI value for EVRG is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.06 | POSITIVE | The MACD value suggests EVRG has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 64.58 | NEUTRAL | The Stochastics value for EVRG is a neutral value. |
| Average True Range in percent/ATR (20) | 1.66 | LOW VOLATILITY | The low ATR as a percentage value for EVRG suggests low volalility. |
| Average Directional Index/ADX (14) | 25.13 | POSITIVE | The high ADX value value for EVRG suggests a strong trend. |
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 76.88 | 75.68 | 1.20 (1.57%) | 25.00% |
| An entry @76.88. This is a Buy Stop order right above the 10 day moving average. | An exit @75.68. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 1.20 points, which is 1.57%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.39%. |
- The distance between exit and entry is rather small compared to the average daily movement of EVRG. Please evaluate whether better entry and exit points can be found.
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
76.75
-0.82 (-1.06%)
EVERGY INC / EVRG FAQ
What is the ChartMill technical rating of EVERGY INC (EVRG) stock?
ChartMill assigns a technical rating of 9 / 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 55.8912. 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 0.0639102, 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.