EVERGY INC (EVRG) Technical Analysis
NASDAQ:EVRG • US30034W1062
Current stock price
EVRG Technical Rating and Analysis
We assign a technical rating of 7 out of 10 to EVRG. In the last year, EVRG was one of the better performers, but we do observe some doubts in the very recent evolution.
- In the last month EVRG has a been trading in the 78.15 - 85.23 range, which is quite wide. It is currently trading near the lows of this range.
- When comparing the yearly performance of all stocks, we notice that EVRG is one of the better performing stocks in the market, outperforming 75% of all stocks. On top of that, EVRG also shows a nice and consistent pattern of rising prices.
- 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.
- EVRG has an average volume of 2288850 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- The short term trend is negative, but the long term trend is still positive. So although the long term is still positive, this may be a trend turning.
- EVRG is part of the Electric Utilities industry. There are 47 other stocks in this industry, EVRG did better than 67% of them.
EVRG Weekly and Daily overview Charts
EVRG Setup Rating and Analysis
Although EVRG has an excellent technical rating, it does not present a decent entry opportunity 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
EVRG Support and Resistance Analysis
70.72
2 important support areas can be observed.
- A support zone ranging from 75.10 to 75.63. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 71.43 to 72.52. 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 81.41 to 84.41. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
EVRG Technical Indicator Signal Analysis
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 | 75.91 | POSITIVE | EVRG has a high relative strength, it outperformed 75.91% 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) | UP | MIXED | The current price of EVRG is below 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) | 42.29 | NEUTRAL | The RSI value for EVRG is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.64 | NEGATIVE | The MACD value suggests EVRG has a negative trend. |
| Stochastics (14,3) | 14.16 | OVERSOLD | The low Stochastics value suggests EVRG may be oversold. |
| Average True Range in percent/ATR (20) | 2.05 | MEDIUM VOLATILITY | The ATR as a percentage value for EVRG suggests some volalility. |
| Average Directional Index/ADX (14) | 24.8 | NEUTRAL | The ADX value for EVRG suggests a possible start of a new trend. |
EVRG Chart- and CandleStick Pattern Analysis
EVRG Technicals: Chart, Performance Metrics, Trend & Indicators
79.41
+0.71 (+0.9%)
EVERGY INC / EVRG TA FAQ
What is the ChartMill technical rating of EVERGY INC (EVRG) stock?
ChartMill assigns a technical rating of 7 / 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 42.2877. 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 -0.64313, indicating a bearish trend.
Can you provide the buy/sell signal for EVERGY INC?
The buy/sell signal for EVERGY INC (EVRG) is hold as the short term and long term trends are mixed.