CLEARWAY ENERGY INC-C (CWEN) Stock Technical Analysis
NYSE:CWEN - New York Stock Exchange, Inc. - US18539C2044 - Common Stock - Currency: USD
We assign a technical rating of 5 out of 10 to CWEN. Although CWEN has been one of the better performers in the overall market, we have a mixed picture in the medium term time frame. But recently some decent action can be observed again.
The short term trend is positive, while the long term trend is neutral. So this is evolving in the right direction.
When comparing the yearly performance of all stocks, we notice that CWEN is one of the better performing stocks in the market, outperforming 76% of all stocks.
CWEN is part of the Independent Power and Renewable Electricity Producers industry. There are 20 other stocks in this industry. CWEN outperforms 73% of them.
In the last month CWEN has a been trading in the 25.08 - 27.55 range, which is quite wide. It is currently trading near the high of this range.
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.
CWEN has an average technical rating and it also does not offer a high quality setup 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
23.87
31.05
4 important support areas can be observed.
- A support zone ranging from 26.16 to 26.64. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @25.46 from a trend line in the weekly time frame.
- A support zone ranging from 24.59 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.
2 important resistance areas can be observed.
- A resistance zone ranging from 28.02 to 28.14. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 30.50 to 30.74. 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
CRS76.75
Mansfield-0.31
10 Day High27.55
10 Day Low25.55
20 Day High27.55
20 Day Low25.08
52 Week High30.92
52 Week Low20.63
Performance
1 Week4.38%
2 Weeks4.46%
1 Month8.5%
3 Month-3.25%
6 Month-5.93%
12 Month23.67%
2 Year-12.67%
3 Year-17.87%
5 Year30.37%
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)0.17
RSI(14)66.82
LBB25.47
UBB27.19
27.43
+0.38 (+1.4%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorUtilities
GICS IndustryIndependent Power and Renewable Electricity Producers
Performance
% Chg1.4%
1 Week4.38%
2 Weeks4.46%
1 Month8.5%
3 Month-3.25%
6 Month-5.93%
12 Month23.67%
2 Year-12.67%
3 Year-17.87%
5 Year30.37%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.59
ATR(20)%2.29%
ATR Inc-1.74%
Range Today0.54
ADR(20)0.62
ADR(20)%2.27%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS76.75
Mansfield-0.31
10 Day High27.55
10 Day Low25.55
20 Day High27.55
20 Day Low25.08
52 Week High30.92
52 Week Low20.63
CS1 End26.64
CR1 Start28.02
Volume & EV
DER(3)-1.36%
DER(5)-0.49%
Volume1.23M
Volume Incr30.92%
Vol(5)985.34K
Vol(50)761.02K