NRG ENERGY INC (NRG) Stock Technical Analysis
NYSE:NRG - US6293775085 - Common Stock
145.09 USD
-0.8 (-0.55%)
145.09 USD
0 (0%)
We assign a technical rating of 5 out of 10 to NRG. In the last year, NRG was one of the better performers, but we do observe some doubts in the very recent evolution.
In the last month NRG has a been trading in the 143.55 - 175.96 range, which is quite wide. It is currently trading near the lows of this range.
Looking at the yearly performance, NRG did better than 87% of all other stocks.
NRG is part of the Electric Utilities industry. There are 47 other stocks in this industry. NRG outperforms 95% of them.
NRG 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 NRG is lagging the market slightly.
NRG has an average volume of 3057400 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
The long term trend is positive and the short term trend is negative. It is probably better to wait until this picture becomes clearer.
Although the technical rating is only medium, NRG does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 154.74. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 145.08, a Stop Loss order could be placed below this zone.
More info and screens
90.48
158.27
We found 3 important support areas.
- A support zone ranging from 144.95 to 145.08. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @94.67 from a trend line in the weekly time frame.
- Support @91.39 from a trend line in the weekly time frame.
We found 1 important resistance area.
- A resistance zone ranging from 154.74 to 156.70. This zone is formed by a combination of multiple trend lines and important moving averages in the daily 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 | DOWN | NEGATIVE | The short term trend for NRG is down. |
| ChartMill Relative Strength | 87.46 | POSITIVE | NRG has a high relative strength, it outperformed 87.46% 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) | 38.95 | NEUTRAL | The RSI value for NRG is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -1.55 | NEGATIVE | The MACD value suggests NRG has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 8.76 | OVERSOLD | The low Stochastics value suggests NRG may be oversold. |
| Average True Range in percent/ATR (20) | 4.36 | MEDIUM VOLATILITY | The ATR as a percentage value for NRG suggests some volalility. |
| Average Directional Index/ADX (14) | 18.08 | 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)
145.09
-0.8 (-0.55%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorUtilities
GICS IndustryElectric Utilities
Performance
% Chg-0.55%
1 Week-2.38%
2 Weeks-4.88%
1 Month-7.34%
3 Month-8.07%
6 Month36.93%
12 Month73.76%
2 Year286.39%
3 Year251.48%
5 Year321.65%
10 Year628.36%
15 Year614.03%
Volatility
ATR(14)6.74
ATR(20)%4.36%
ATR Inc-33.12%
Range Today4.06
ADR(20)5.79
ADR(20)%3.99%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS87.46
Mansfield1.73
10 Day High158.99
10 Day Low143.55
20 Day High175.96
20 Day Low143.55
52 Week High175.96
52 Week Low76.13
CS1 End145.08
CR1 Start154.74
Volume & EV
DER(3)-1.63%
DER(5)-1.11%
Volume2.09M
Volume Incr-37.16%
Vol(5)2.10M
Vol(50)3.06M