CLEARWAY ENERGY INC-C (CWEN) Stock Technical Analysis
NYSE:CWEN - New York Stock Exchange, Inc. - US18539C2044 - Common Stock
Taking everything into account, CWEN scores 1 out of 10 in our technical rating. CWEN has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.
The short term trend is neutral, while the long term trend is still negative. We need to see a little more continued positive action to make this really interesting.
In the last month CWEN has a been trading in the 24.40 - 26.82 range, which is quite wide. It is currently trading near the high of this range.
When compared to the yearly performance of all other stocks, CWEN outperforms 48% of them, which is more or less in line with the market.
CWEN is an average performer in the Independent Power and Renewable Electricity Producers industry, it outperforms 50% of 21 stocks in the same industry.
CWEN is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so CWEN is lagging the market.
Although the technical rating is bad, CWEN does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 26.46. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 24.92, a Stop Loss order could be placed below this zone.
More info and screens
23.87
29.78
When analyzing the support we can see 2 important areas.
- A support zone ranging from 24.82 to 24.92. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @24.11 from a horizontal line in the daily time frame.
We can see 3 important resistance areas.
- A resistance zone ranging from 26.46 to 27.13. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 28.59 to 28.64. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @29.49 from a horizontal line in the weekly time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS48.22
Mansfield-1
10 Day High26.67
10 Day Low24.4
20 Day High26.82
20 Day Low24.4
52 Week High30.92
52 Week Low20.63
Performance
1 Week3.71%
2 Weeks-3.16%
1 Month-0.73%
3 Month-0.96%
6 Month-2.5%
12 Month4.51%
2 Year-23.82%
3 Year-23.57%
5 Year21.59%
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)0.08
RSI(14)44.36
LBB24.68
UBB27.05
CLEARWAY ENERGY INC-C
NYSE:CWEN (1/21/2025, 8:04:00 PM)
After market: 25.74 0 (0%)25.74
-0.61 (-2.31%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorUtilities
GICS IndustryIndependent Power and Renewable Electricity Producers
Performance
% Chg-2.31%
1 Week3.71%
2 Weeks-3.16%
1 Month-0.73%
3 Month-0.96%
6 Month-2.5%
12 Month4.51%
2 Year-23.82%
3 Year-23.57%
5 Year21.59%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.68
ATR(20)%2.52%
ATR Inc-5.89%
Range Today0.81
ADR(20)0.62
ADR(20)%2.4%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS48.22
Mansfield-1
10 Day High26.67
10 Day Low24.4
20 Day High26.82
20 Day Low24.4
52 Week High30.92
52 Week Low20.63
CS1 End24.92
CR1 Start26.46
Volume & EV
DER(3)-2.58%
DER(5)0.94%
Volume710.60K
Volume Incr-5.05%
Vol(5)697.04K
Vol(50)805.15K