NRG - NRG Energy Inc

Industry: Diversified Utilities Sector: Utilities Exchange: NYSE

Tue 18'th Sep 2018

PERIOD 2018-06-19 - 2018-09-18
CHANGE 1.07%
PRICE $35.88
VOLUME
Sell
TREND
Buy

MV LONG
Buy

MV SHORT
Buy

PIVOT
Buy

MACD
Buy

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NRG Energy Inc Stock Analysis

Technical stock analysis for Tue 18'th Sep 2018

Buy candidate since 2018-09-18
Shorts 1.85% ( 2018-08-31 )
Cash 1 254.0 mill
Loans 16 905.0 mill
Beta 1.07
ROA -4.15

NRG Energy Inc gained 1.07% in the last trading day, rising from $35.50 to $35.88 The price has risen in 6 of the last 10 days and is up by 0.73% over the past 2 weeks. Volume fell in the last day by -1.13 million shares, and in total, 2.35 million shares bought and sold for approximately $84.45 million. You should take into consideration that a falling volume on higher prices causes divergence and may be an early warning about possible changes for the next couple of days.

Trend

NRG Energy Inc lies in the middle of a strong rising trend in the short term and a further rise within the trend is signaled. Given the current short-term trend, the stock is expected to rise 17.01% during the next 3 months and, with 90% probability hold a price between $39.81 and $42.78 at the end of this period.

Click here for today's Top 5 Trending Companies

Signals

Only positive signals in the chart today. NRG Energy Inc holds buy signals from both short- and long-term moving averages. In addition, 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 $35.75 and $34.17. A break down below any of these levels will issue sell signals. A buy signal was issued from a pivot bottom point on Monday September 17, 2018, which indicates further gains 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 may be an early warning. The stock should be watched closely.

The stock had a Golden Star Signal* on Wednesday August 01, 2018 in the mediumterm chart.

* Golden Star Signal* is when the short-term moving average, the long-term moving average, and priceline meet in a special combination. This combination is very rare and often followed by long and strong gains for the stock in question.

Access today's Top 5 Golden Star Companies

Relative Strength Index (RSI)

RSI14 is 68 and the stock is currently not being overbought or oversold

Access full RSI 14 and RSI 21 lists

Support & Resistance

NRG Energy Inc finds support from accumulated volume at $34.20.

Support: $34.20 Price: $35.88 Resistance: $36.17

Risk

This stock is usually traded at good volume, and with minor daily changes the risk is considered to be low. During the last day, the stock moved $0.60 (1.70%) between high and low. For the last week, the stock has had a daily average volatility of 1.93%.

Our recommended stoploss: $34.08 (-5.00%) (This stock has low daily movements and this gives low risk. There is a buy signal from pivot bottom found 1 days ago.)

Overall risk:

Very Low Low Medium High Very High

Evaluation

NRG Energy Inc holds several positive signals and is within a strong rising trend. As the old saying says, "Let the trend be your friend.'". We therefore consider it to be a good choice at these current levels and we are expecting further gains during the next 3 months. We have upgraded our recommendation for this stock since last evaluation from a Hold/Accumulate to a Strong Buy Candidate.

Strong Buy Candidate

Click for Top 5 Strong Buy Candidates
NRG $35.88 $0.38(1.07%)
NRG is up $0.38 today, but where's it headed in October?
Zacks Investment Research is releasing its prediction for NRG based on the 1-3 month system that more than doubles the S&P 500.

Click here – the NRG analysis is free »
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