NRG ENERGY INC (NRG) Technical Analysis
NYSE:NRG • US6293775085
Current stock price
NRG Technical Rating and Analysis
Taking everything into account, NRG scores 1 out of 10 in our technical rating. NRG has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.
- NRG is part of the Electric Utilities industry. There are 47 other stocks in this industry. NRG outperforms 80% of them.
- NRG has an average volume of 2884990 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 74% of all stocks. However, this overall performance is mostly based on the strong move around 10 months ago.
- NRG is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so NRG is lagging the market.
- In the last month NRG has a been trading in the 139.89 - 175.51 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
The technical rating of NRG is bad and it also does not present a quality setup 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
103.95
We found 3 important support areas.
- A support zone ranging from 144.96 to 145.79. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @141.22 from a horizontal line in the daily time frame.
- Support @105.00 from a trend line in the weekly time frame.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 160.75 to 162.84. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A resistance zone ranging from 167.74 to 170.97. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 | 74.29 | POSITIVE | NRG has a high relative strength, it outperformed 74.29% 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) | DOWN | NEGATIVE | The current price of NRG is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 41.03 | NEUTRAL | The RSI value for NRG is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.74 | NEGATIVE | The MACD value suggests NRG has a negative trend. |
| Stochastics (14,3) | 24.09 | NEUTRAL | The Stochastics value for NRG is a neutral value. |
| Average True Range in percent/ATR (20) | 4.33 | MEDIUM VOLATILITY | The ATR as a percentage value for NRG suggests some volalility. |
| Average Directional Index/ADX (14) | 20.38 | 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
149.6
-0.26 (-0.17%)
NRG ENERGY INC / NRG TA FAQ
What is the ChartMill technical rating of NRG ENERGY INC (NRG) stock?
ChartMill assigns a technical rating of 1 / 10 to NRG.
What is the current trend direction of NRG ENERGY INC (NRG) stock?
The current trend direction for NRG ENERGY INC (NRG) is Bearish.
What is the RSI signal for NRG stock?
NRG ENERGY INC (NRG) has an RSI value of 41.0302. 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 -0.739321, indicating a bearish trend.
Can you provide the short term momentum for NRG ENERGY INC?
The short term momentum for NRG ENERGY INC (NRG) is negative.