NRG ENERGY INC (NRG) Stock Technical Analysis
NYSE:NRG - New York Stock Exchange, Inc. - US6293775085 - Common Stock - Currency: USD
We assign a technical rating of 10 out of 10 to NRG. Both in the recent history as in the last year, NRG has proven to be a steady performer, scoring decent points in every aspect analyzed.
Both the short term and long term trends are positive. This is a very positive sign.
Looking at the yearly performance, NRG did better than 96% of all other stocks.
NRG is one of the better performing stocks in the Electric Utilities industry, it outperforms 97% of 47 stocks in the same industry.
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 3413510 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
In the last month NRG has a been trading in the 147.69 - 168.57 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Besides having an excellent technical rating, NRG also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. A pullback is taking place, which may present a nice opportunity for an entry.
More info and screens
84.45
164.31
We found 4 important support areas.
- Support @151.91 from a horizontal line in the weekly time frame.
- Support @148.67 from a horizontal line in the daily time frame.
- Support @90.80 from a trend line in the weekly time frame.
- Support @85.30 from a horizontal line in the daily time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 161.24 to 162.68. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 | 96.39 | POSITIVE | NRG has a high relative strength, it outperformed 96.39% 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) | 59.64 | NEUTRAL | The RSI value for NRG is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.56 | NEGATIVE | The MACD value suggests NRG has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 40.64 | NEUTRAL | The Stochastics value for NRG is a neutral value. |
| Average True Range in percent/ATR (20) | 2.88 | MEDIUM VOLATILITY | The ATR as a percentage value for NRG suggests some volalility. |
| Average Directional Index/ADX (14) | 26.11 | POSITIVE | The high ADX value value for NRG suggests a strong 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)
158.39
+2.85 (+1.83%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorUtilities
GICS IndustryElectric Utilities
Performance
% Chg1.83%
1 Week-1.95%
2 Weeks3.77%
1 Month0.9%
3 Month89.44%
6 Month60.8%
12 Month105.28%
2 Year316.93%
3 Year319.58%
5 Year368.47%
10 Year605.52%
15 Year598.37%
Volatility
ATR(14)4.57
ATR(20)%2.88%
ATR Inc-26.89%
Range Today3.13
ADR(20)4.29
ADR(20)%2.71%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS96.39
Mansfield4.21
10 Day High168.57
10 Day Low149.91
20 Day High168.57
20 Day Low147.69
52 Week High168.57
52 Week Low65.11
CS1 End151.91
CR1 Start161.24
Volume & EV
DER(3)2.65%
DER(5)1.39%
Volume2.11M
Volume Incr30.62%
Vol(5)4.18M
Vol(50)3.41M