Trading Signals: ES Stock Price Prediction and Forecast

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Thu. Oct. 8, 2009

Trading Signals: ES Stock Price Prediction and Forecast (Tue. Apr. 1, 2003 - Fri. Dec. 22, 2023)

(Eversource Energy)
ES latest price $23.4300 (1.03%) ($23.2400 - $23.4300) on Thu. Oct. 8, 2009.

Trend Analysis and Forecast

Average Daily Percentage Swing   0.98% (three month average)
RSI   28
Latest Price   $23.4300(1.03%)
Stocks Behave Similarly   Similar Stock List
Daily Trend   ES advances 0.1% a day on average for past five trading days.
Weekly Trend   ES declines -1.7% 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(40%)    XLP(25%)    VWO(18%)    EEM(17%)    EWG(16%)
Factors Impacting ES price   ES will decline at least -0.49% in a week (0% probabilities).
TLT(4%)    TIP(4%)    USO(6%)    PCY(6%)    OIH(6%)
Explanation The rally is not sustainable and not supported by the broad market.

Relative Volatility (options are extremely cheap)

Market Trend Strength   -0.49% (StdDev 0.98%)
Hourly BBV 0 ()
Intraday Trend 0.6%

1 - 5 Day Possible Target   $19.64(-16.18%)
Resistance Level   $23.82
5 Day Moving Average   $23.25(0.77%)
10 Day Moving Average   $23.5(-0.3%)
20 Day Moving Average   $23.82(-1.64%)
To recent high   -5.2%
To recent low   9.6%
Market Cap   $8.028b

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.

$. ES price fluctuates within 1.97% (three month std-dev: 0.98%) daily (68% of days).

Sample size 0 Average positive next day return: 0%(0%) Average negative next day return: 0%(0%) Sample size 0 Average positive next three day return: 0%(0%) Average negative next three day return: %(0%) Sample size 0 Average positive next weekly return: 0%(0%) Average negative next weekly return: 0%(0%)

Analysis News Options Weekly Chart Daily Chart 2 Month Daily Chart

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i	Date	ema100	ema20	ema10	ema5	Slow Hourly Trend	Fast Hourly Trend	Close	Pattern	Trade	P	SMA5 BBV	WTF	lsma10 Trend	ema5 Trend	ema10 Trend	Volume millions	Quarterly Strength	100 Daily Trend	Daily Trend Force	Daily StdDev	Hourly BBV	BBV	RSI	VIXCD
1	Oct_8_2009	22.77	23.82	23.5	23.25	23.22	23.27	23.43(1.03%)	DP	OpenShort	-65	0.4	-22	10	5	-101	1.2	79%	0.13	-26.4	0.98%	0	-0.8	28	NAN
2	Oct_7_2009	22.74	23.83	23.54	23.23	23.18	23.23	23.19(-0.51%)	DT	HoldShort	-65	-0.1	-39	10	-10	-126	1.01	70%	0.13	-29.5	0.99%	0	-1.4	21	NAN
3	Oct_6_2009	22.71	23.86	23.6	23.34	23.27	23.18	23.31(0.21%)	DP	OpenShort	-75	-0.1	-44	-40	-14	-132	1.71	70%	0.09	-25.5	1.02%	0	-1.3	20	NAN
4	Oct_5_2009	22.69	23.88	23.66	23.48	23.42	23.13	23.26(0.87%)	DP	OpenShort	-75	-0.5	-56	-90	-30	-134	4.15	70%	0.13	-18.3	1.02%	0	-1.4	27	NAN
5	Oct_2_2009	22.66	23.91	23.76	23.63	23.64	23.36	23.06(-1.24%)	DT	OpenShort	-75	-1.4	-56	-80	-37	-113	1.96	62%	0.09	-12.3	1.02%	0	-2.1	36	NAN

6	Oct_1_2009	22.64	23.94	23.91	23.79	23.84	23.72	23.35(-1.64%)	DT	OpenShort	-75	-1.2	-30	-30	-18	-67	1.61	70%	0.09	-10	1.07%	0	-1.6	48	NAN
7	Sep_30_2009	22.62	23.96	24.02	23.79	23.91	23.92	23.74(-1.08%)	DT	OpenShort	-75	-0.4	-8	10	-1	-27	1.88	74%	0.13	-12.7	1.11%	0	-0.6	58	NAN
8	Sep_29_2009	22.59	23.97	24.12	23.88	23.88	23.96	24(-0.08%)	N/A	N/A	0	0.4	2	20	4	-4	1.33	74%	0.13	-19.7	1.1%	0	0.1	57	NAN
9	Sep_28_2009	22.56	23.97	24.16	23.87	23.87	23.89	24.02(0.8%)	UT	HoldLong	50	0.4	1	10	-2	8	0.67	74%	0.13	-28.9	1.11%	0	0.2	57	NAN
10	Sep_25_2009	22.53	23.96	24.17	23.92	23.92	23.81	23.83(0.17%)	N/A	N/A	0	-0.3	-7	-30	-15	16	1.03	76%	0.09	-28.2	1.11%	0	-0.4	54	NAN

11	Sep_24_2009	22.51	23.98	24.16	24.05	24.05	23.84	23.79(0.04%)	N/A	N/A	0	-0.7	-12	-60	-25	28	1.35	76%	0.13	-10.3	1.13%	0	-0.5	55	NAN
12	Sep_23_2009	22.48	24.01	24.16	24.2	24.24	24.04	23.78(-0.63%)	N/A	N/A	0	-1.2	-10	-50	-28	43	1.26	69%	0.09	8	1.13%	0	-0.6	55	NAN
13	Sep_22_2009	22.46	24.04	24.14	24.38	24.42	24.26	23.93(-1.48%)	UD	OpenLong	65	-1.3	3	-40	-18	67	1.49	69%	0.09	32.7	1.18%	0	-0.3	54	NAN
14	Sep_21_2009	22.44	24.04	24.13	24.49	24.51	24.44	24.29(-0.74%)	UD	OpenLong	65	-0.5	21	-20	-2	88	0.86	73%	0.13	50	1.16%	0	0.6	62	NAN
15	Sep_18_2009	22.41	24.06	24.07	24.44	24.48	24.44	24.47(-0.16%)	UD	OpenLong	75	0.1	33	30	16	83	1.93	72%	0.13	53.2	1.18%	0	1.1	58	NAN

16	Sep_17_2009	22.38	24.02	23.99	24.28	24.3	24.58	24.51(-0.85%)	UD	OpenLong	75	0.6	35	80	28	55	0.87	72%	0.18	45.3	1.24%	0	1.4	51	NAN
17	Sep_16_2009	22.34	23.98	23.9	24.07	24.05	24.38	24.72(0.98%)	UT	OpenLong	75	1.9	31	90	34	23	1.08	72%	0.22	32.9	1.24%	0	2.1	54	NAN
18	Sep_15_2009	22.29	23.92	23.8	23.87	23.81	24.02	24.48(1.96%)	RB	SmallLong	20	1.9	16	50	26	-14	1.66	72%	0.13	20.9	1.24%	0	1.8	48	NAN
19	Sep_14_2009	22.26	23.87	23.72	23.71	23.69	23.72	24.01(1.39%)	DP	OpenShort	-65	1	-7	10	8	-51	0.76	70%	0.18	13.2	1.23%	0	0.5	35	NAN
20	Sep_11_2009	22.22	23.86	23.71	23.66	23.67	23.61	23.68(0.85%)	DP	OpenShort	-75	0.1	-18	-20	-1	-67	1.46	73%	0.18	13.1	1.25%	0	-0.6	25	NAN

21	Sep_10_2009	22.18	23.85	23.77	23.65	23.68	23.65	23.48(-0.89%)	DT	OpenShort	-75	-0.6	-19	-10	-6	-59	1.03	73%	0.14	22.2	1.27%	0	-1.2	47	NAN
22	Sep_9_2009	22.15	23.86	23.85	23.68	23.68	23.73	23.69(-0.08%)	DT	OpenShort	-75	0	-11	10	-0	-44	0.59	73%	0.14	32.8	1.27%	0	-0.6	51	NAN
23	Sep_8_2009	22.12	23.85	23.92	23.7	23.7	23.71	23.71(-0.04%)	DT	OpenShort	-75	0	-8	0	-1	-29	0.57	73%	0.18	38.5	1.28%	0	-0.5	58	NAN
24	Sep_4_2009	22.08	23.83	23.98	23.72	23.72	23.68	23.72(0.25%)	DP	OpenShort	-75	0	-8	-10	-5	-16	0.48	73%	0.09	37.1	1.28%	0	-0.3	55	NAN
25	Sep_3_2009	22.06	23.82	24.04	23.78	23.77	23.69	23.66(0.08%)	DP	OpenShort	-75	-0.3	-11	-20	-14	-2	0.86	69%		41.5	1.28%	0	-0.4	51	NAN
i	Date	ema100	ema20	ema10	ema5	Slow Hourly Trend	Fast Hourly Trend	Close	Pattern	Trade	P	SMA5 BBV	WTF	lsma10 Trend	ema5 Trend	ema10 Trend	Volume millions	Quarterly Strength	100 Daily Trend	Daily Trend Force	Daily StdDev	Hourly BBV	BBV	RSI	VIXCD

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