RSI low/high Values: [ 25 - 75 ]
* StockInvest.us uses dynamically calculated RSI max/min levels to determine when stock is oversold or overbought based on historical behavior.
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Entergy Corporation stock price up 0.763% on Thursday
(Updated on Mar 28, 2024)

Buy candidate since Mar 27, 2024 Gain 0.76% PDF

The Entergy Corporation stock price gained 0.763% on the last trading day (Thursday, 28th Mar 2024), rising from $104.88 to $105.68. During the last trading day the stock fluctuated 0.96% from a day low at $104.79 to a day high of $105.80. The price has been going up and down for this period, and there has been a 3.11% gain for the last 2 weeks. Volume fell on the last day by -542 thousand shares and in total, 1 million shares were bought and sold for approximately $106.44 million. You should take into consideration that falling volume on higher prices causes divergence and may be an early warning about possible changes over the next couple of days.

The stockis at the upper part of a horizontal trend and normally this may pose a good selling opportunity but a break-up through the top trend line at $106.39 will give a strong buy signal and a trend shift could be expected. Given the current horizontal trend, you can expect Entergy Corporation stock with a 90% probability to be traded between $100.19 and $108.28 at the end of this 3-month period. A break of a horizontal trend is often followed by a large increase in the volume, and stocks seldom manage to go directly from the bottom of a trend up to the top. Stocks turning up in the middle of a horizontal trend are therefore considered to be potential runners.

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ETR Signals & Forecast

The Entergy Corporation stock holds buy signals from both short and long-term Moving Averages giving a positive forecast for the stock. Also, there is a general buy signal from the relation between the two signals where the short-term average is above the long-term average. On corrections down, there will be some support from the lines at $103.65 and $101.64. A breakdown below any of these levels will issue sell signals. A buy signal was issued from a pivot bottom point on Monday, February 26, 2024, and so far it has risen 5.73%. Further rise is indicated until a new top pivot has been found. Volume fell during the last trading day despite gaining prices. This causes a divergence between volume and price and it may be an early warning. The stock should be watched closely. Some negative signals were issued as well, and these may have some influence on the near short-term development. Furthermore, there is currently a sell signal from the 3 month Moving Average Convergence Divergence (MACD).

Buy
Special Signal Notification

Double Bottom Formation

Double Bottom Formation A buy signal from a double bottom formation was found on Thursday, February 08, 2024 with a target of $105.55. Despite whether the objective of the signal formation has been reached the stock may continue to perform well.

Support, Risk & Stop-loss for Entergy Corporation stock

Entergy Corporation finds support from accumulated volume at $102.50 and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested.

In general the stock tends to have very controlled movements and with good liquidity the risk is considered very low in this stock. During the last day, the stock moved $1.01 between high and low, or 0.96%. For the last week the stock has had daily average volatility of 1.24%.

Our recommended stop-loss: $100.53 (-4.88%) (This stock has low daily movements and this gives low risk. There is a buy signal from a pivot bottom found 23 days ago.)

Trading Expectations (ETR) For The Upcoming Trading Day Of Monday 1st

For the upcoming trading day on Monday, 1st we expect Entergy Corporation to open at $105.42, and during the day (based on 14 day Average True Range), to move between $104.22 and $107.14, which gives a possible trading interval of +/-$1.46 (+/-1.38%) up or down from last closing price. If Entergy Corporation takes out the full calculated possible swing range there will be an estimated 2.76% move between the lowest and the highest trading price during the day.

With no resistance above and support from accumulated volume @ $102.50, some $3.18 (3.01%) from the current price of $105.68, our system finds the risk reward attractive.

Is Entergy Corporation stock A Buy?

Several short-term signals are positive and we conclude that the current level may hold a buying opportunity, as there is a fair chance for Entergy Corporation stock to perform well in the short-term period.

Current score: 2.818 Buy Candidate Unchanged

Predicted Opening Price for Entergy Corporation of Monday, April 1, 2024

Fair opening price April 1, 2024 Current price
$105.42 ( 0.246%) $105.68

The predicted opening price is based on yesterday's movements between high, low, and closing price.

Trading levels for ETR

Fibonacci Support & Resistance Levels

Level Price
Resistance R3 106.43 0.710 %
R2 106.04 0.345 %
R1 105.81 0.119 %
Current price: 105.68
Support S1 105.03 -0.611 %
S2 104.80 -0.84 %
S3 104.41 -1.20 %

Accumulated Volume Support & Resistance Levels

Level Price
Resistance R3 0 .
R2 0 .
R1 0 .
Current price 105.68
Support S1 102.50 -3.01%
S2 99.60 -5.75%
S3 99.08 -6.25%

ETR Dividend Payout History


# Declaration Date Ex-Date Pay Date Amount Yield
1 Jan 26, 2024 Feb 09, 2024 Mar 01, 2024 $1.13 1.12%
2 Jan 26, 2024 Feb 08, 2024 Mar 01, 2024 $1.13 1.12%
3 Oct 27, 2023 Nov 13, 2023 Dec 01, 2023 $1.13 1.11%
4 Jul 28, 2023 Aug 10, 2023 Sep 01, 2023 $1.07 1.13%
5 Apr 10, 2023 May 03, 2023 Jun 01, 2023 $1.07 1.10%

FAQ

What is the symbol for Entergy Corporation Stock and on which exchange is it traded?
The symbol for Entergy Corporation is ETR and it is traded on the NYSE (New York Stock Exchange).

Should I buy or sell Entergy Corporation Stock?
Several short-term signals are positive and we conclude that the current level may hold a buying opportunity, as there is a fair chance for Entergy Corporation stock to perform well in the short-term period.

How to buy Entergy Corporation Stock?
Entergy Corporation Stock can be purchased through just about any brokerage firm, including online brokerage services.
Click here for our free guide on how to buy Entergy Corporation Stock.

What's the current price of Entergy Corporation Stock?
As of the end of day on the 2024-03-28, the price of an Entergy Corporation (ETR) share was $105.68.

What is the 52-week high and low for Entergy Corporation Stock?
The 52-week high for Entergy Corporation Stock is $111.90 and the 52-week low is $87.10.

What is the market capitalization of Entergy Corporation Stock?
As of the 2024-03-28, the market capitalization of Entergy Corporation is 22.535B.

When is the next earnings date for Entergy Corporation?
The upcoming earnings date for Entergy Corporation is Apr 24, 2024.
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About Entergy Corporation

Entergy Entergy Corporation, together with its subsidiaries, engages in the production and retail distribution of electricity in the United States. The company operates in two segments, Utility and Entergy Wholesale Commodities. The Utility segment generates, transmits, distributes, and sells electric power in portions of Arkansas, Louisiana, Mississippi, and Texas, including the City of New Orleans; and distributes natural gas. The Entergy Wholesale Com... ETR Profile

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