NRG Energy Technical Analysis (NYSE:NRG)
Technical analysis is the study of stock price and volume data through technical charts. This analysis does not take into account the intrinsic value of a stock. The NRG Energy stock price data and volume are plotted in NRG stock charts and these trading charts form the basis of technical analysis.
View technical indicators like moving averages - SMA and EMA, and bollinger bands for NRG Energy. Technical analysis uses an approach for NRG Energy stock analysis that does not care for the fair value of a company but uses price and volume data only.
NRG Energy Moving Average
Moving averages help predict the price direction of NRG stock based on certain triggers, but with a lag, and form building blocks for other technical indicators like the MACD and bollinger bands. The longer the duration of the moving average, the higher the lag. For example, 200 day moving averages for NRG Energy are mostly signals of long term trends and will help long term traders.
NRG Energy Bollinger Bands
Bollinger Bands were developed by the famous technical trader John Bollinger and are a measure of the volatility of a stock like the NRG stock. NRG Energy bollinger bands show that the stock price is $32.61, upper band is 34.42, lower band is 30.4, and the average is 32.41.
NRG Energy Moving Average Convergence Divergence or MACD
Two important concepts with respect to moving average convergence divergence or MACD are: crossovers and divergence. When the MACD rises above the signal line, it typically indicates a bullish trend and most likely the stock prices will go up. The NRG Energy MACD indicator is below 0 indicating a bearish trend.
NRG Energy Relative Strength Index
This technical indicator compares the relative strength or weakness of a stock. It measures the magnitude of rise or fall in stock price movements . 56.99 is the RSI value of NRG stock.