TALEN ENERGY CORP (TLN) Stock Technical Analysis
NASDAQ:TLN - Nasdaq - US87422Q1094 - Common Stock - Currency: USD
Overall TLN gets a technical rating of 10 out of 10. Both in the recent history as in the last year, TLN has proven to be a steady performer, scoring decent points in every aspect analyzed.
The long term trend is positive and the short term trend is neutral. The long term trend may just continue or reversal may be around the corner!
Looking at the yearly performance, TLN did better than 95% of all other stocks. We also observe that the gains produced by TLN over the past year are nicely spread over this period.
TLN is one of the better performing stocks in the Independent Power and Renewable Electricity Producers industry, it outperforms 88% of 19 stocks in the same industry.
TLN 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 TLN is lagging the market slightly.
In the last month TLN has a been trading in the 265.00 - 301.69 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, TLN also presents a decent setup pattern. Prices have been consolidating lately.
More info and screens
168.30
300.87
We found 3 important support areas.
- A support zone ranging from 276.16 to 279.38. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @267.61 from a horizontal line in the daily time frame.
- A support zone ranging from 170.00 to 171.39. This zone is formed by a combination of multiple trend lines in the daily time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 297.89 to 297.89. 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 TLN is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for TLN is neutral. |
| ChartMill Relative Strength | 95.71 | POSITIVE | TLN has a high relative strength, it outperformed 95.71% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of TLN is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of TLN is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of TLN is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 55.69 | NEUTRAL | The RSI value for TLN is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -3.08 | NEGATIVE | The MACD value suggests TLN has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 27.93 | NEUTRAL | The Stochastics value for TLN is a neutral value. |
| Average True Range in percent/ATR (20) | 3.55 | MEDIUM VOLATILITY | The ATR as a percentage value for TLN suggests some volalility. |
| Average Directional Index/ADX (14) | 31.87 | POSITIVE | The high ADX value value for TLN 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)
281.96
+5.79 (+2.1%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorUtilities
GICS IndustryIndependent Power and Renewable Electricity Producers
Performance
% Chg2.1%
1 Week-1.1%
2 Weeks-5.34%
1 Month2.53%
3 Month38.58%
6 Month20.01%
12 Month127.66%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)10.7
ATR(20)%3.55%
ATR Inc31.75%
Range Today12.44
ADR(20)9.91
ADR(20)%3.52%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS95.71
Mansfield2.68
10 Day High301.7
10 Day Low265
20 Day High301.7
20 Day Low265
52 Week High301.7
52 Week Low98.5
CS1 End279.38
CR1 Start297.89
Volume & EV
DER(3)0.01%
DER(5)-0.3%
Volume961.30K
Volume Incr-27.69%
Vol(5)878.32K
Vol(50)998.23K