NRG ENERGY INC (NRG) Stock Technical Analysis
USA - NYSE:NRG - US6293775085 - Common Stock
166.08 USD
+1.24 (+0.75%)
166.217 USD
+0.14 (+0.08%)
We assign a technical rating of 10 out of 10 to NRG. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, NRG is showing a nice and steady performance.
Both the short term and long term trends are positive. This is a very positive sign.
When comparing the yearly performance of all stocks, we notice that NRG is one of the better performing stocks in the market, outperforming 91% of all stocks. We also observe that the gains produced by NRG over the past year are nicely spread over this period.
NRG is one of the better performing stocks in the Electric Utilities industry, it outperforms 95% of 48 stocks in the same industry.
NRG is currently trading near its 52 week high, which is a good sign. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
In the last month NRG has a been trading in the 140.77 - 169.02 range, which is quite wide. It is currently trading near the high of this range.
NRG has an average volume of 2644340 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
Although NRG has an excellent technical rating, it does not offer a high quality setup at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
92.01
169.32
4 important support areas can be observed.
- A support zone ranging from 150.45 to 153.77. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- 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 @96.88 from a trend line in the weekly time frame.
- Support @92.94 from a trend line in the weekly time frame.
We found 1 important resistance area.
- Resistance @167.64 from a horizontal line in the weekly time frame.
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 | UP | POSITIVE | The short term trend for NRG is up. |
| ChartMill Relative Strength | 91.23 | POSITIVE | NRG has a high relative strength, it outperformed 91.23% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of NRG is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of NRG is above the rising 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) | 67.33 | NEUTRAL | The RSI value for NRG is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 2.4 | POSITIVE | The MACD value suggests NRG has a positive trend. |
| Stochastics (14,3) | 88.49 | OVERBOUGHT | The high Stochastics value suggests NRG may be overbought. |
| Average True Range in percent/ATR (20) | 2.81 | MEDIUM VOLATILITY | The ATR as a percentage value for NRG suggests some volalility. |
| Average Directional Index/ADX (14) | 18.55 | NEGATIVE | The low ADX value for NRG 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)
166.08
+1.24 (+0.75%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorUtilities
GICS IndustryElectric Utilities
Performance
% Chg0.75%
1 Week12.4%
2 Weeks14.1%
1 Month11.75%
3 Month9.32%
6 Month64.99%
12 Month90.7%
2 Year331.15%
3 Year333.97%
5 Year440.27%
10 Year1018.38%
15 Year697.7%
Volatility
ATR(14)4.95
ATR(20)%2.81%
ATR Inc44.11%
Range Today3.92
ADR(20)4.47
ADR(20)%2.69%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS91.23
Mansfield2.64
10 Day High169.02
10 Day Low140.77
20 Day High169.02
20 Day Low140.77
52 Week High175.96
52 Week Low79.57
CS1 End153.77
CR1 Start167.64
Volume & EV
DER(3)0.52%
DER(5)1.99%
Volume2.36M
Volume Incr16.36%
Vol(5)2.44M
Vol(50)2.64M