Fri 16'th Nov 2018

PERIOD 2018-08-17 - 2018-11-16
CHANGE 0.18%
PRICE $39.27
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 Fri 16'th Nov 2018

Buy candidate since 2018-11-09 Gain 2.59%
Shorts 2.51% ( 2018-10-31 )
Cash n/a
Loans n/a
Beta 1.05
ROA -6.79

NRG Energy Inc gained 0.18% in the last trading day, rising from $39.20 to $39.27 , and has now gained 3 days in a row. It will be exciting to see whether it manages to continue gaining or take a minor break for the next few days. The price has risen in 6 of the last 10 days and is up by 4.94% over the past 2 weeks. Volume fell in the last day by -1.15 million shares, and in total, 3.52 million shares bought and sold for approximately $138.07 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 wide and 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 11.77% during the next 3 months and, with 90% probability hold a price between $40.61 and $44.78 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 $38.85 and $37.26. A break down below any of these levels will issue sell signals. A buy signal was issued from a pivot bottom point on Wednesday November 14, 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 medium-term chart.

* Golden Star Signal* is when the short-term moving average, the long-term moving average, and price line 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)

The stock holds a RSI14 at 72 and is currently being overbought on RSI. This does not have to be a sales signal as many stocks may go both long and hard while being overbought on the RSI. It is therefore important to evaluate the history of the share as it may tell you something about the RSI-sensitiveness.

Access full RSI 14 and RSI 21 lists

Support & Resistance

NRG Energy Inc finds support from accumulated volume at $38.28.

Support: $38.28 Price: $39.27 Resistance: $39.40

Risk

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 $0.82 between high and low, or 2.11%. For the last week, the stock has had a daily average volatility of 3.00%.

Our recommended stoploss: $37.19 (-5.30%) (This stock has medium daily movements and this gives medium risk. The RSI14 is 72 and this increases the risk substantially. There is a buy signal from pivot bottom found 2 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.

NRG $39.27 $0.07(0.18%)
NRG is up $0.07 today, but where's it headed in 2019?
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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