Fri 20'th Jul 2018
Entergy Louisiana, LLC Stock Analysis
Technical stock analysis for Fri 20'th Jul 2018
No changes to the price of Entergy Louisiana, LLC in the last trading day. The price has fallen in 5 of the last 10 days , but is still up by 1.63% over the past 2 weeks.
Entergy Louisiana, LLC lies in the lower part of a wide and strong rising trend in the short term, and this will normally pose a very good buying opportunity. A break down the bottom trend line at £124.41 will firstly indicate a slower raising rate, but may also be a early warning for a trend shift. Given the current short-term trend, the stock is expected to rise 42.6% during the next 3 months and, with 90% probability hold a price between £177.41 and £204.92 at the end of this period.
Only positive signals in the chart today. Entergy Louisiana, LLC holds a sales signal from the short-term moving average; at the same time, however, there is a buy signal from the long-term average. Since the short-term average is above the long-term average there is a general buy signal in the stock. On further gains, the stock will meet resistance from the short-term moving average at approximately £127.71. On a fall, the stock will find some support from the long-term average at approximately £121.51. A break-up through the short-term average will send a buy signal, whereas a breakdown through the long-term average will send a sales signal. A buy signal was issued from a pivot bottom point on Wednesday July 18, 2018, which indicates further gains until a new top pivot has been found. The volume rose on the last day while price remained unchanged. This may be an early warning and the stock should be watched closely.
Relative Strength Index (RSI)
RSI14 is 51 and the stock is currently not being overbought or oversold
Support & Resistance
Entergy Louisiana, LLC finds support from accumulated volume at £121.00.
This stock may move much during a day (volatility) and with a large prediction interval from the Bollinger Band this stock is considered to be "high risk". During the last day, the stock moved £4.50 between high and low, or 3.61%. For the last week, the stock has had a daily average volatility of 4.08%.
Our recommended stoploss: £117.58 (-5.93%) (This stock has medium daily movements and this gives medium risk. There is a buy signal from pivot bottom found 2 days ago.)
Very Low Low Medium High Very High
Several short-term signals, along with a general good trend, are positive and we conclude that the current level may hold a buying opportunity as there is a fair chance for this stock to perform well in the short-term.Click for Top 5 Buy Candidates
|Get a PRO membership|
To Reveal Top 5 Buy Candidates
Follow Auto Portfolios gaining up to 30%.
Disclaimer: There is no guarantee against any loss. Your capital is at risk.
Click to become a PRO member