NRG ENERGY INC. - Daily - Technical analysis published on 11/20/2019 (GMT)
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- Timeframe : Daily
- - Analysis generated on
- Status : TARGET REACHED
Summary of the analysis
Trends
Court terme:
Bearish
De fond:
Bullish
Technical indicators
17%
33%
50%
My opinion
Bullish above 38.44 USD
My targets
39.76 USD (+0.94%)
40.83 USD (+3.66%)
My analysis
With a bullish background trend, the price of NRG ENERGY INC. is trying to inflate a little with a slight short-term relapse. At this stage, no trend reversal is in sight. Globally, buyers have the upper hand. Traders could allow themselves to trade long positions (at the time of purchase) as long as the price remains above the support located at 38.44 USD. A bullish break in the resistance located at 39.76 USD would boost the bullish momentum and fuel the basic trend. Then the price could move towards 40.83 USD. Then by extension. It would be safer to wait for a bullish break in the resistance located at 39.76 USD before allowing yourself to re trade long positions (at purchase) on NRG ENERGY INC.. PS: if there is a bearish break in the support located at 38.44 USD we suggest that you produce a new automated technical analysis. In fact, conditions should have changed. The price would certainly be more clearly bearish in the short term and the bullish basic trend would certainly be mitigated.
Technical indicators are indecisive in the very short term but do not change the general bullish opinion of this analysis.
FORCE
0
10
0.9
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This analysis was given by Vincent Launay. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The NRG ENERGY INC. rating is 39.39 USD. The price is lower by -1.03% since the last closing with the lowest point at 39.37 USD and the highest point at 39.89 USD. The deviation from the price is +0.05% for the low point and -1.25% for the high point.39.37
39.89
39.39
The Central Gaps scanner detects a bearish opening. A small advantage for sellers in the very short term.
Bearish opening
Type : Bearish
Timeframe : Openning
Here is a more detailed summary of the historical variations registered by NRG ENERGY INC.:
Technical
Technical analysis of NRG ENERGY INC. in Daily shows an overall bullish trend. 67.86% of the signals given by moving averages are bullish. Caution: the current slightly bearish signals from short-term moving averages indicate that the overall trend may be slowing down. The Central Indicators market scanner currently does not detect any result that concerns moving averages.
The technical indicators are generally neutral. They do not provide relevant information on the direction of future price movements.
Caution: the Central Indicators scanner currently detects an excess:
Williams %R indicator is overbought : over -20
Type : Neutral
Timeframe : Daily
Pivot points : price is under support 1
Type : Neutral
Timeframe : Daily
Price is back over the pivot point
Type : Bullish
Timeframe : Weekly
The Central Patterns scanner, which studies chart patterns, resistances and supports, has identified this signal:
Horizontal support is broken
Type : Bearish
Timeframe : Daily
The Central Candlesticks scanner, specialised in Japanese candlesticks, did not identify any signals.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 36.08 | 37.66 | 38.44 | 39.39 | 39.76 | 40.83 | 41.78 |
| Change (%) | -8.40% | -4.39% | -2.41% | - | +0.94% | +3.66% | +6.07% |
| Change | -3.31 | -1.73 | -0.95 | - | +0.37 | +1.44 | +2.39 |
| Level | Intermediate | Major | Major | - | Intermediate | Major | Intermediate |
Pivot points can also be used to set your price objectives. Here is the price situation in relation to pivot points:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 39.10 | 39.35 | 39.57 | 39.82 | 40.05 | 40.30 | 40.52 |
| Camarilla | 39.67 | 39.71 | 39.76 | 39.80 | 39.84 | 39.89 | 39.93 |
| Woodie | 39.09 | 39.34 | 39.56 | 39.82 | 40.04 | 40.29 | 40.51 |
| Fibonacci | 39.35 | 39.53 | 39.64 | 39.82 | 40.00 | 40.12 | 40.30 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 37.32 | 37.86 | 38.83 | 39.37 | 40.34 | 40.88 | 41.85 |
| Camarilla | 39.39 | 39.52 | 39.66 | 39.80 | 39.94 | 40.08 | 40.22 |
| Woodie | 37.54 | 37.97 | 39.05 | 39.48 | 40.56 | 40.99 | 42.07 |
| Fibonacci | 37.86 | 38.44 | 38.79 | 39.37 | 39.95 | 40.30 | 40.88 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 34.82 | 36.30 | 38.21 | 39.68 | 41.60 | 43.07 | 44.98 |
| Camarilla | 39.19 | 39.50 | 39.81 | 40.12 | 40.43 | 40.74 | 41.05 |
| Woodie | 35.04 | 36.41 | 38.43 | 39.79 | 41.81 | 43.18 | 45.20 |
| Fibonacci | 36.30 | 37.59 | 38.39 | 39.68 | 40.98 | 41.78 | 43.07 |
Numerical data
The following is the status of the technical indicators and moving averages at the time of publication of this technical analysis:
Technical indicators
Moving averages
| RSI (14): | 48.63 | |
| MACD (12,26,9): | -0.0300 | |
| Directional Movement: | 8.26 | |
| AROON (14): | -7.14 | |
| DEMA (21): | 39.61 | |
| Parabolic SAR (0,02-0,02-0,2): | 41.39 | |
| Elder Ray (13): | 0.11 | |
| Super Trend (3,10): | 41.16 | |
| Zig ZAG (10): | 39.39 | |
| VORTEX (21): | 0.9200 | |
| Stochastique (14,3,5): | 37.56 | |
| TEMA (21): | 39.23 | |
| Williams %R (14): | -70.50 | |
| Chande Momentum Oscillator (20): | -1.30 | |
| Repulse (5,40,3): | -0.9500 | |
| ROCnROLL: | -1 | |
| TRIX (15,9): | 0.0200 | |
| Courbe Coppock: | 6.26 |
| MA7: | 39.21 | |
| MA20: | 39.87 | |
| MA50: | 39.45 | |
| MA100: | 37.37 | |
| MAexp7: | 39.44 | |
| MAexp20: | 39.57 | |
| MAexp50: | 39.06 | |
| MAexp100: | 38.35 | |
| Price / MA7: | +0.46% | |
| Price / MA20: | -1.20% | |
| Price / MA50: | -0.15% | |
| Price / MA100: | +5.41% | |
| Price / MAexp7: | -0.13% | |
| Price / MAexp20: | -0.45% | |
| Price / MAexp50: | +0.84% | |
| Price / MAexp100: | +2.71% |
News
Don"t forget to follow the news on NRG ENERGY INC.. At the time of publication of this analysis, the latest news was as follows:
- NRG Energy, Inc. to Report Third Quarter 2019 Financial Results on November 7, 2019
- NRG Energy, Inc. Announces Quarterly Dividend
- NRG Energy Continues Board Refreshment with Appointment of Two New Directors
- NRG Accelerates Emissions-Reduction Goals to Align With 1.5˚C Trajectory
- NRG Energy agrees to buy Stream Energy’s retail electricity and natural gas business
This member declared not having a position on this financial instrument or a related financial instrument.
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