NRG ENERGY INC (NRG) Technical Analysis
NYSE:NRG • US6293775085
Current stock price
NRG Technical Rating and Analysis
We assign a technical rating of 2 out of 10 to NRG. Although NRG is scoring some points because its good overall performance in the market in the past year, recent evolutions are not that positive. Both the medium and short term picture give negative signs.
- NRG is part of the Electric Utilities industry. There are 46 other stocks in this industry. NRG outperforms 91% of them.
- NRG 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 NRG is performing more or less in line with the market.
- NRG has an average volume of 2633600 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- The long term trend is neutral, but the short term trend is negative. Better to stay away from this!
- When comparing the yearly performance of all stocks, we notice that NRG is one of the better performing stocks in the market, outperforming 85% of all stocks. However, this overall performance is mostly based on the strong move around 10 months ago.
- In the last month NRG has a been trading in the 146.25 - 189.96 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
NRG Weekly and Daily overview Charts
NRG Setup Rating and Analysis
NRG has a poor technical rating and the quality of the setup is also only medium 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
NRG Support and Resistance Analysis
102.02
4 important support areas can be observed.
- A support zone ranging from 154.76 to 154.97. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 148.68 to 149.26. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 143.52 to 144.96. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Support @103.05 from a trend line in the weekly time frame.
NRG 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 | NEUTRAL | NEUTRAL | The long term trend for NRG is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for NRG is down. |
| ChartMill Relative Strength | 85.2 | POSITIVE | NRG has a high relative strength, it outperformed 85.2% 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 | MIXED | The current price of NRG is above a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | MIXED | The current price of NRG is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 43.17 | NEUTRAL | The RSI value for NRG is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -2.11 | NEGATIVE | The MACD value suggests NRG has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 17.37 | OVERSOLD | The low Stochastics value suggests NRG may be oversold. |
| Average True Range in percent/ATR (20) | 4.93 | MEDIUM VOLATILITY | The ATR as a percentage value for NRG suggests some volalility. |
| Average Directional Index/ADX (14) | 23.56 | NEUTRAL | The ADX value for NRG suggests a possible start of a new trend. |
NRG Chart- and CandleStick Pattern Analysis
NRG Technicals: Chart, Performance Metrics, Trend & Indicators
159.11
+4.36 (+2.82%)
NRG ENERGY INC / NRG TA FAQ
What is the ChartMill technical rating of NRG ENERGY INC (NRG) stock?
ChartMill assigns a technical rating of 2 / 10 to NRG.
Can you provide the trend direction for NRG ENERGY INC?
The current trend direction for NRG ENERGY INC (NRG) is Bearish.
Can you provide the RSI signal for NRG ENERGY INC?
NRG ENERGY INC (NRG) has an RSI value of 43.1687. This indicates that the stock is currently neutral.
What is the short term momentum for NRG ENERGY INC (NRG) stock?
The short term momentum for NRG ENERGY INC (NRG) is negative.