NRG ENERGY INC (NRG) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:NRG - US6293775085 - Common Stock
We assign a technical rating of 5 out of 10 to NRG. In the last year, NRG was one of the better performers, although we are getting mixed signals now in both the short and medium term time frames.
NRG has only a medium technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. There is a support zone below the current price at 161.24, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for NRG in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
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102.47
4 important support areas can be observed.
- Strong support @161.24 from a horizontal line in the daily time frame.
- Support @148.68 from a horizontal line in the daily time frame.
- A support zone ranging from 144.76 to 145.08. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @103.51 from a trend line in the weekly time frame.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 161.91 to 167.25. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 172.51 to 173.91. 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 NRG is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for NRG is neutral. |
| ChartMill Relative Strength | 89.98 | POSITIVE | NRG has a high relative strength, it outperformed 89.98% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of NRG is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of NRG is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of NRG is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 44.76 | NEUTRAL | The RSI value for NRG is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.02 | NEGATIVE | The MACD value suggests NRG has a negative trend. |
| Stochastics (14,3) | 59.22 | NEUTRAL | The Stochastics value for NRG is a neutral value. |
| Average True Range in percent/ATR (20) | 4.53 | MEDIUM VOLATILITY | The ATR as a percentage value for NRG suggests some volalility. |
| Average Directional Index/ADX (14) | 9.38 | NEGATIVE | The low ADX value for NRG suggests a weak or negative trend. |
161.44
-9.2 (-5.39%)
NRG ENERGY INC / NRG FAQ
What is the ChartMill technical rating of NRG ENERGY INC (NRG) stock?
ChartMill assigns a technical rating of 5 / 10 to NRG.
What is the trend direction for NRG stock?
The current trend direction for NRG ENERGY INC (NRG) is Bullish.
Can you provide the RSI signal for NRG ENERGY INC?
NRG ENERGY INC (NRG) has an RSI value of 44.7643. This indicates that the stock is currently neutral.
Can you provide the MACD signal for NRG ENERGY INC?
The MACD indicator for NRG ENERGY INC (NRG) has a value of -0.0162496, indicating a bearish trend.
What is the support and resistance level for NRG stock?
NRG ENERGY INC (NRG) has a support level at 161.24 and a resistance level at 161.91. Check the full technical report for our detailed analysis of NRG support and resistance levels.