NRG ENERGY INC (NRG) Technical Analysis
NYSE:NRG • US6293775085
Current stock price
NRG Technical Rating and Analysis
Taking everything into account, NRG scores 6 out of 10 in our technical rating. Although NRG has been one of the better performers in the overall market, we have a mixed picture in the medium term time frame. But recently some decent action can be observed again.
- When comparing the yearly performance of all stocks, we notice that NRG is one of the better performing stocks in the market, outperforming 86% of all stocks.
- NRG is part of the Electric Utilities industry. There are 47 other stocks in this industry. NRG outperforms 91% of them.
- In the last month NRG has a been trading in the 139.89 - 162.98 range, which is quite wide. It is currently trading near the high of this range.
- NRG has an average volume of 2710790 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- The long and short term trends are both neutral. This gives a pretty neutral overall picture!
- NRG is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so NRG is lagging the market slightly.
- Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
NRG Weekly and Daily overview Charts
NRG Setup Rating and Analysis
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 162.67. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 151.40, a Stop Loss order could be placed below this zone.
More info and screens
NRG Support and Resistance Analysis
103.18
4 important support areas can be observed.
- A support zone ranging from 149.53 to 151.40. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 144.96 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 @104.22 from a trend line in the weekly time frame.
When analyzing the resistance we notice one important area.
- Resistance @162.67 from a horizontal line in the daily 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 | NEUTRAL | NEUTRAL | The short term trend for NRG is neutral. |
| ChartMill Relative Strength | 86.37 | POSITIVE | NRG has a high relative strength, it outperformed 86.37% 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) | 55.87 | NEUTRAL | The RSI value for NRG is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 1.21 | POSITIVE | The MACD value suggests NRG has a positive trend. |
| Stochastics (14,3) | 62.78 | NEUTRAL | The Stochastics value for NRG is a neutral value. |
| Average True Range in percent/ATR (20) | 4.19 | MEDIUM VOLATILITY | The ATR as a percentage value for NRG suggests some volalility. |
| Average Directional Index/ADX (14) | 24.89 | NEUTRAL | The ADX value for NRG suggests a possible start of a new trend. |
NRG Chart- and CandleStick Pattern Analysis
NRG Example Setup
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 162.68 | 149.52 | 13.16 (8.09%) | 12.36% |
| An entry @162.68. This is a Buy Stop order right above the resistance zone. | An exit @149.52. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 13.16 points, which is 8.09%. | For a 1.00% total portfolio risk, you can invest 12.36% of your capital in this trade. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
NRG Technicals: Chart, Performance Metrics, Trend & Indicators
160.3
+7.24 (+4.73%)
NRG ENERGY INC / NRG TA FAQ
What is the ChartMill technical rating of NRG ENERGY INC (NRG) stock?
ChartMill assigns a technical rating of 6 / 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 55.8724. 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 1.20663, indicating a bullish trend.
Can you provide the short term momentum for NRG ENERGY INC?
The short term momentum for NRG ENERGY INC (NRG) is neutral.