Trading Signals: ES Stock Price Prediction and Forecast (Tue. Apr. 1, 2003 - Fri. Dec. 22, 2023)(Eversource Energy)
| ES latest price $25.5100 (-0.97%) ($25.3900 - $25.9800) on Thu. Jul. 10, 2008. | |
| | Trend Analysis and Forecast | | | | Average Daily Percentage Swing | 1.23% (three month average) | | RSI | 34 | | Latest Price | $25.5100(-0.97%) | | Stocks Behave Similarly | Similar Stock List | | Daily Trend | ES advances 0.3% a day on average for past five trading days. | | Weekly Trend | ES declines -2.4% a week on average for past two weeks. | | Market Behavior | Normal for large cap. Normal for small cap. | | Correlated ETFs | Broad market will support ES advance at 0% a week (0% probability)
XLU(50%) XLP(33%) VWO(32%) EEM(31%) SPY(30%) | | Factors Impacting ES price | ES will decline at least -0.615% in a week (0% probabilities).
TLT(-3%) SHY(-2%) TIP(1%) GLD(7%) USO(10%) | | Explanation | The rally is not sustainable and not supported by the broad market. | | | | | | | | Relative Volatility | (options are extremely cheap) | | | | | Market Trend Strength | -0.615% (StdDev 1.23%) | | Hourly BBV | 0 () | | Intraday Trend | -1.2% | | | | | |
|
| 1 - 5 Day Possible Target | $20.35(-20.23%) | | Resistance Level | $26.04 | | 5 Day Moving Average | $25.27(0.95%) | | 10 Day Moving Average | $25.46(0.2%) | | 20 Day Moving Average | $26.04(-2.04%) | | To recent high | -8% | | To recent low | 3.1% | | Market Cap | $8.74b | | | | | | |
Eversource Energy engages in the generation, transmission, and distribution of natural gas and electricity. It operates through the following segments: Electric Distribution, Electric Transmission, Water Distribution and Natural Gas Distribution. The Electric Distribution segment distributes electricity to retail customers. The Electric Transmission segment owns and maintains transmission facilities through CL&P, NSTAR Electric, PSNH, and WMECO. The Water Distribution segments operates three separate regulated water utilities in Connecticut, Massachusetts and New Hampshire. The Natural Gas Distribution segment transmits and distributes natural gas to retail customers. The company was founded on July 1, 1966 and is headquartered in Springfield, MA. |