Trading Signals: ES Stock Price Prediction and Forecast

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Wed. Jan. 3, 2018

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

(Eversource Energy)
ES latest price $62.5900 (-0.89%) ($62.3000 - $63.3500) on Wed. Jan. 3, 2018.

Trend Analysis and Forecast

Average Daily Percentage Swing   0.76% (three month average)
RSI   38
Latest Price   $62.5900(-0.89%)
Stocks Behave Similarly   Similar Stock List
Daily Trend   ES advances 0.2% a day on average for past five trading days.
Weekly Trend   ES declines -1.2% a week on average for past two weeks.
Market Behavior   Broad based rally for large cap. Growth stock rally for small cap.
Correlated ETFs   Broad market will support ES advance at 0% a week (0% probability)
DIA(51%)    XHB(37%)    VCIT(22%)    GDXJ(20%)    VIXM(17%)
Factors Impacting ES price   ES will decline at least -0.38% in a week (0% probabilities).
INDA(-12%)    IYT(-11%)    TBT(-10%)    EWI(-10%)    EMHY(-10%)
Explanation The rally is not sustainable and not supported by the broad market.

Relative Volatility (options are extremely cheap)

Market Trend Strength   -0.38% (StdDev 0.76%)
Hourly BBV 0 ()
Intraday Trend -0.6%

Resistance Level   $63.63
5 Day Moving Average   $62.88(-0.46%)
10 Day Moving Average   $62.57(0.03%)
20 Day Moving Average   $63.63(-1.63%)
To recent high   -4.9%
To recent low   4%
Market Cap   $21.445b

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 1.93% (three month std-dev: 0.76%) daily (68% of days).

Sample size 8 Average positive next day return: 0.64%(50%) Average negative next day return: -0.85%(50%) Sample size 8 Average positive next three day return: 0.27%(25%) Average negative next three day return: -1.49%(75%) Sample size 8 Average positive next weekly return: 0.94%(50%) Average negative next weekly return: -2.38%(50%)

Analysis News Options Weekly Chart Daily Chart 2 Month Daily Chart

> 20180203

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	Jan_3_2018	62.95	63.63	62.57	62.88	62.94	62.94	62.59(-0.89%)	DT	OpenShort	-75	-0.2	-23	0	-0	-92	2.31	55%	0	-42.5	0.76%	0	-0.8	38	INF
2	Jan_2_2018	62.95	63.78	62.69	62.75	62.85	63.08	63.15(-0.05%)	DP	OpenShort	-65	0.3	-12	30	22	-114	4.24	57%	0.03	-41.8	0.76%	0	-0.5	32	INF
3	Dec_29_2017	62.93	63.89	62.81	62.6	62.66	62.95	63.18(0.37%)	DP	OpenShort	-65	0.4	-2	40	40	-126	1.54	57%	0.02	-39.9	0.76%	0	-0.5	36	INF
4	Dec_28_2017	62.92	63.97	62.95	62.36	62.46	62.62	62.95(0.67%)	DP	OpenShort	-65	0.5	-14	20	31	-150	1.03	57%	0.02	-41.9	0.76%	0	-0.8	38	INF
5	Dec_27_2017	62.91	64.05	63.14	62.21	62.25	62.37	62.53(0.92%)	DP	OpenShort	-65	0.3	-42	20	3	-177	1.14	54%	0.02	-43.5	0.75%	0	-1.2	34	INF

6	Dec_26_2017	62.9	64.16	63.3	62.22	62.28	62.3	61.96(-0.66%)	DT	OpenShort	-75	-0.2	-59	10	-15	-189	0.65	52%	0.02	-43.2	0.77%	0	-1.8	32	INF
7	Dec_22_2017	62.89	64.3	63.67	62.61	62.51	62.14	62.37(0.63%)	DP	OpenShort	-75	-0.2	-78	-50	-45	-175	1.23	52%	0	-38.2	0.77%	0	-1.8	30	INF
8	Dec_21_2017	62.89	64.41	63.96	63.06	63.01	62.25	61.98(-0.39%)	DT	OpenShort	-75	-1.1	-107	-90	-87	-166	1.58	52%	0.02	-31.6	0.78%	0	-2.4	28	INF
9	Dec_20_2017	62.88	64.52	64.27	63.62	63.66	62.87	62.22(-0.59%)	DT	OpenShort	-75	-1.6	-111	-80	-102	-137	1.01	52%	0.03	-26.3	0.78%	0	-2.7	35	INF
10	Dec_19_2017	62.86	64.62	64.58	64.2	64.23	63.76	62.59(-2.07%)	DT	OpenShort	-75	-2.3	-77	-50	-74	-84	1.34	52%	0.02	-21.5	0.78%	0	-2.9	39	INF

11	Dec_18_2017	62.85	64.7	64.83	64.52	64.66	64.45	63.91(-1.1%)	DT	OpenShort	-75	-1.1	-40	-20	-37	-48	1.43	52%	0.06	-18.8	0.74%	0	-1.4	47	INF
12	Dec_15_2017	62.81	64.72	64.99	64.88	64.8	64.7	64.62(-0.25%)	DT	OpenShort	-75	-0.5	-20	-10	-24	-6	2.79	54%	0.06	0	0.76%	0	-0.2	53	INF
13	Dec_14_2017	62.77	64.73	65.07	65	65	64.87	64.78(-0.46%)	UD	OpenLong	65	-0.4	2	-10	-5	22	1.75	56%	0.06	8.5	0.76%	0	0.1	56	INF
14	Dec_13_2017	62.73	64.74	65.08	65.02	65.05	64.91	65.08(1.35%)	N/A	N/A	0	0.1	-4	-10	-15	31	1.93	56%	0.06	13.3	0.77%	0	0.6	63	INF
15	Dec_12_2017	62.69	64.77	65.04	65.03	65.03	65.14	64.21(-2.27%)	UD	OpenLong	65	-1.4	3	10	-11	43	1.7	50%	0.06	22.2	0.75%	0	-1	56	INF

16	Dec_11_2017	62.65	64.8	65.09	65.16	65.09	65.19	65.7(0.74%)	UT	HoldLong	65	0.9	36	10	23	74	1.55	56%	0.06	37.5	0.76%	0	1.6	76	INF
17	Dec_8_2017	62.61	64.72	64.96	65.12	64.99	64.93	65.22(0.48%)	UT	HoldLong	50	0.2	6	-10	-12	61	1.74	56%	0.06	41.2	0.76%	0	0.9	64	INF
18	Dec_7_2017	62.57	64.69	64.87	65.16	65.16	64.98	64.91(-0.31%)	UD	OpenLong	65	-0.5	8	-20	-10	60	2.39	57%	0.06	57.8	0.76%	0	0.4	49	INF
19	Dec_6_2017	62.53	64.67	64.77	65.15	65.29	65.06	65.11(0.35%)	UD	OpenLong	65	-0.1	4	-20	-10	47	1.6	57%	0.08	74.4	0.77%	0	0.8	49	INF
20	Dec_5_2017	62.48	64.64	64.66	65.05	65.2	65.33	64.88(-0.92%)	UD	OpenLong	65	-0.3	1	20	-6	22	2.02	58%	0.08	86.6	0.77%	0	0.5	37	INF

21	Dec_4_2017	62.43	64.59	64.56	64.99	65.09	65.52	65.48(0.08%)	UT	OpenLong	75	0.9	43	50	48	29	2.11	60%	0.08	89.7	0.76%	0	1.6	56	INF
22	Dec_1_2017	62.38	64.49	64.43	64.77	64.84	65.07	65.43(0.89%)	UT	OpenLong	75	1.2	39	30	47	16	3.42	59%	0.1	86.2	0.77%	0	1.7	61	INF
23	Nov_30_2017	62.32	64.38	64.35	64.55	64.56	64.65	64.85(0.37%)	N/A	N/A	0	0.5	9	10	15	-10	3.71	57%	0.06	81.1	0.76%	0	0.8	51	INF
24	Nov_29_2017	62.28	64.28	64.36	64.35	64.43	64.62	64.61(0.08%)	N/A	N/A	0	0.4	13	20	23	-17	1.6	57%	0.08	63.2	0.76%	0	0.5	50	INF
25	Nov_28_2017	62.23	64.19	64.46	64.21	64.22	64.48	64.56(0.22%)	N/A	N/A	0	0.5	19	30	28	-10	1.22	57%		54.2	0.76%	0	0.5	50	INF
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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