Overall CEG gets a technical rating of 7 out of 10. In the last year, CEG was one of the better performers, but we do observe some doubts in the very recent evolution.
Besides having an excellent technical rating, CEG also presents a decent setup pattern. Prices have been consolidating lately. Another positive sign is the recent Pocket Pivot signal.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
165.41
4 important support areas can be observed.
- Support @311.66 from a trend line in the daily time frame.
- Support @306.63 from a horizontal line in the daily time frame.
- A support zone ranging from 300.43 to 301.57. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @167.08 from a horizontal line in the weekly time frame.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 352.74 to 355.45. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @403.96 from a horizontal line in the daily time frame.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | UP | POSITIVE | The long term trend for CEG is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for CEG is neutral. |
| ChartMill Relative Strength | 88.13 | POSITIVE | CEG has a high relative strength, it outperformed 88.13% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of CEG is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of CEG is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of CEG is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 46.71 | NEUTRAL | The RSI value for CEG is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.9 | POSITIVE | The MACD value suggests CEG has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 65.42 | NEUTRAL | The Stochastics value for CEG is a neutral value. |
| Average True Range in percent/ATR (20) | 4.64 | MEDIUM VOLATILITY | The ATR as a percentage value for CEG suggests some volalility. |
| Average Directional Index/ADX (14) | 13 | NEGATIVE | The low ADX value for CEG suggests a weak or negative trend. |
351.98
-26.62 (-7.03%)
CONSTELLATION ENERGY / CEG FAQ
What is the technical rating for CEG stock?
ChartMill assigns a technical rating of 7 / 10 to CEG.
What is the trend direction for CEG stock?
The current trend direction for CONSTELLATION ENERGY (CEG) is Bullish.
What is the RSI signal for CEG stock?
CONSTELLATION ENERGY (CEG) has an RSI value of 46.7124. This indicates that the stock is currently neutral.
What is the MACD signal for CEG stock?
The MACD indicator for CONSTELLATION ENERGY (CEG) has a value of 0.898892, indicating a bearish trend.
What is the support and resistance level for CEG stock?
CONSTELLATION ENERGY (CEG) has a support level at 311.66 and a resistance level at 352.74. Check the full technical report for our detailed analysis of CEG support and resistance levels.