SPDR S&P KENSHO CLEAN POWER (CNRG) Stock Technical Analysis
NYSEARCA:CNRG - NYSE Arca - US78468R6559 - ETF - Currency: USD
Taking everything into account, CNRG scores 0 out of 10 in our technical rating. CNRG scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
When comparing the yearly performance of all stocks, CNRG is a bad performer in the overall market: 79% of all stocks are doing better.
CNRG is currently trading in the lower part of its 52 week range, which is not a good signal. Agreed, the S&P500 Index is also not doing fantastic, but it still sitting in the middle of its 52 week range.
CNRG is currently showing a bear flag pattern! A bear flag pattern occurs when prices pull back slightly after a strong move down. This may present a good short opportunity.
Warning: CNRG has an average volume of 15708 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
CNRG has a poor technical rating and the quality of the setup is also only medium at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
53.06
68.73
When analyzing the resistance we notice 5 important areas.
- A resistance zone ranging from 58.87 to 60.38. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @61.43 from a horizontal line in the daily time frame.
- Resistance @62.68 from a trend line in the weekly time frame.
- A resistance zone ranging from 65.96 to 66.42. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 67.87 to 68.05. This zone is formed by a combination of multiple trend lines in multiple time frames.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS21.14
Mansfield-1.61
10 Day High59.72
10 Day Low50.91
20 Day High62.47
20 Day Low50.91
52 Week High69.07
52 Week Low50.91
Performance
1 Week-2.75%
2 Weeks-9.2%
1 Month-12.99%
3 Month-16.25%
6 Month-8.32%
12 Month-17.44%
2 Year-38.17%
3 Year-40.27%
5 Year45.48%
10 YearN/A
15 YearN/A
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
Technical Indicators
MACD(12,26,9)-0.53
RSI(14)36.89
LBB50.06
UBB63.19
NYSEARCA:CNRG (3/7/2025, 8:15:38 PM)
53.6
+1.31 (+2.51%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg2.51%
1 Week-2.75%
2 Weeks-9.2%
1 Month-12.99%
3 Month-16.25%
6 Month-8.32%
12 Month-17.44%
2 Year-38.17%
3 Year-40.27%
5 Year45.48%
10 YearN/A
15 YearN/A
Volatility
ATR(14)1.84
ATR(20)%3.08%
ATR Inc-13.82%
Range Today1.45
ADR(20)1.45
ADR(20)%2.7%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS21.14
Mansfield-1.61
10 Day High59.72
10 Day Low50.91
20 Day High62.47
20 Day Low50.91
52 Week High69.07
52 Week Low50.91
CS1 EndN/A
CR1 Start58.87
Volume & EV
DER(3)6.63%
DER(5)3.6%
Volume12.30K
Volume Incr15.71%
Vol(5)15.10K
Vol(50)15.71K