The Greedy Trader Weekly Analysis
Sign In Mar 22, 2024
Skip Navigation Links
TA Search
Daily D%-Slow:< 20
Number of records: 10
Share
Symbol:  

• Symbol Lookup
• View Technical Chart
• Add to Watch List
• Candlestick Patterns
• Stock Technical Indicators
• Stock Trends Analysis
• Market Sector Rank
• Stock Trading Signals

Lane's Stochastic (%D-Slow)

The Lane's Stochastic indicator developed by George Lane is one of the most useful and widely used momentum oscillators in technical analysis. Lane's Stochastic oscillator uses four indicators to combine relative strength with moving average methods. %K is an un-smoothed RSI. %D is a moving average of %K (fast stochastic). %D-Slow is a longer term moving average of %K, and finally %D-Slow (slow stochastic) Moving Avg. is another moving average. Like other overbought oversold oscillators, they are normalized within a scale of 0 to 100. Buy/sell signals are generated by %D stochastic crossover with its moving average above 80%, for overvalued, or below 20%, for undervalued stocks. The divergence between price and indicator is the most important buy/sell stocks trading signal. Lane's Stochastic bullish divergence/bearish divergence should be considered together with other stock market trading alerts, trading indicator and technical trading techniques.

Advanced TA Search

Archive
- 3/15/2024 -
Sign In to see current Signals.

NRG Energy (NRG) Technical Analysis

Subscribe to TheGreedyTrader Weekly Alerts
Summary:
Weekly :Broken uptrend resistance line - uptrend exhaustionBroken uptrend resistance line - uptrend exhaustionRelative Strength Index is overboughtWilliams' Percentage Range is strongly overboughtLane's Stochastic bearish divergenceOversold sector
Daily :Williams' Percentage Range and Lane's Stochastic are overboughtRelative Strength Index is strongly overboughtLane's Stochastic and MACD bearish divergenceThe Bollinger Bands are historically far apart
Move cursor over the icon to see details.

It was a third positive week after 3 consecutive negative weeks for the NRG Energy (NRG). During the week, the NRG gained 3.20 points, or 5.27%, and closed at 63.93 on Friday, March 15, 2024. Weekly volume was 33% above average.

NRG is a member of Utilities Sector. Utilities is the most oversold sector. Sector/industry rotation is considered a proven strategy to beat the market. Use the following links to find overbought/oversold technical indicators by Sector or by Industry.

Long-term trend: [See NRG long-term trend chart]
A long-term uptrend had started on December 7, 2015 at 8.80 and reached 64.80 on March 15, 2024. NRG gained -56.00 points, or -636.36%, in 431 weeks. The chart has formed a Rising Wedge chart pattern. The uptrend resistance line (32.44) is broken, while daily and weekly technical indicators are overbought. Uptrend is exhausted and trend reversal is possible soon. Use the following links to access Trend Support/Resistance Help, or use the Technical Stock Screener to see the list of stocks with broken trend resistance line in a long-term trend.

Medium-term trend: [See NRG medium-term trend chart]
A medium-term uptrend had started on March 16, 2023 at 30.25 and reached 64.80 on March 15, 2024. NRG gained -34.55 points, or -114.21%, in 52 weeks. The chart has formed a Rising Channel chart pattern. The uptrend resistance line (40.18) is broken, while daily and weekly technical indicators are overbought. Uptrend is exhausted and trend reversal is possible soon. Use the following links to access Trend Support/Resistance Help, or use the Technical Stock Screener to see the list of stocks with broken trend resistance line in a medium-term trend.

Weekly Technical Indicators: [See NRG weekly technical indicators chart]
Weekly Relative Strength Index is overbought while Williams' Percentage Range is strongly overbought. Use the Technical Stock Screener to see the list of stocks with overbought weekly Relative Strength Index or strongly overbought weekly Williams' Percentage Range. Weekly Lane's Stochastic has bearish divergence. Use the following links to access the Lane's Stochastic help, or use the Technical Stock Screener to see the list of stocks with weekly Lane's Stochastic bearish divergence. The divergence between price and indicator is considering one of the most important buy/sell stocks trading signal. Oscillators are designed to signal a possible trend reversal. They can act as alerts and should be taken in conjunction with other technical analysis tools. Oscillators can be used to confirm other technical signals. Use the following links to access Lane's Stochastic, Relative Strength Index and Williams' Percentage Range help.

The weekly MACD line is above its signal line since March 31, 2023. This is an indication that the medium-term trend is up. The distance between MACD and the signal line is relatively high and getting bigger. It indicates that the current medium-term uptrend is strong. Use the following link to access a MACD help.

Short-term trend: [See NRG short-term trend chart]
A short-term uptrend had started on February 12, 2024 at 51.26 and reached 64.80 on March 15, 2024. NRG gained -13.54 points, or -26.41%, in 32 days. The price is now at the 6.43% retracement level.

Daily Technical Indicators: [See NRG daily technical indicators chart]
Daily Williams' Percentage Range and Lane's Stochastic are overbought while Relative Strength Index is strongly overbought. Use the Technical Stock Screener to see the list of stocks with overbought daily Williams' Percentage Range and Lane's Stochastic or strongly overbought daily Relative Strength Index. Daily Lane's Stochastic and MACD have bearish divergence. Use the following links to access the Lane's Stochastic and MACD help, or use the Technical Stock Screener to see the list of stocks with daily Lane's Stochastic and MACD bearish divergence.

The daily MACD line is above its signal line since February 27, 2024. This is an indication that the short-term trend is up. The distance between MACD and the signal line is relatively high, but getting smaller. It indicates that the current short-term uptrend is still strong, and momentum is beginning to wane.

The distance between the Bollinger Bands (27.47%) is close to one year high (22.86%). It is 156.63% higher then one year average. It indicates the period of high volatility of the stock price, and it is considered a sell signal for the option traders. The Bollinger Bands are often used with a non-oscillator indicator like chart patterns or a trendline. The signals are considered more reliable if these indicators confirm the recommendation of the Bollinger Bands. Use the following links to access the Bollinger Bands Help, or use the Technical Stock Screener to see the list of stocks with the price above the Upper Bollinger Band or below the Lower Bollinger Band.

Daily Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 91.64
Strong Overbought
Williams' Percentage Range (W%R) 13.10
Overbought
Lane's Stochastic (%D-Slow) 88.68
Overbought Bearish
Greed/Fear Indicator (GFI) 89.06
Overbought
Moving Average Converg./Diverg. (MACD) 2.19 Bearish
Weekly Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 82.90
Overbought
Williams' Percentage Range (W%R) 7.10
Strong Overbought
Lane's Stochastic (%D-Slow) 74.71
Bearish
Greed/Fear Indicator (GFI) 79.33
Moving Average Converg./Diverg. (MACD) 3.86
Trading Signals
Description Value Chart
Upper Bollinger Band 67.21
Daily Stochastic Crossing 64.26
Price 63.93
Weekly Stochastic Crossing 61.87
Parabolic System 61.65
20 Day Moving Average 57.27
50 Day Moving Average 54.37
Lower Bollinger Band 49.67
Sector and Industry
Description Name Rank
Sector Utilities 1
Industry Electric Utilities 24
Daily Trend
Description Value
Direction Up
Chart Pattern Uptrend
Low 59.50
Low Date 03/11/2024
High 64.80
High Date 03/15/2024
Weekly Trend
Monthly Trend
Description Value
Direction Up
Chart Pattern Uptrend
Status
Resistance
Support
Low 51.26
Low Date 02/12/2024
High 64.80
High Date 03/15/2024
Description Value
Direction Up
Chart Pattern Uptrend
Status
Resistance
Support
Low 30.52
Low Date 05/04/2023
High 64.80
High Date 03/15/2024
Quarterly Trend
Yearly Trend
Description Value
Direction Up
Chart Pattern Rising Channel
Status Broken Resistance
Resistance 44.99
Support 40.18
Low 30.25
Low Date 03/16/2023
High 64.80
High Date 03/15/2024
Description Value
Direction Up
Chart Pattern Rising Wedge
Status Broken Resistance
Resistance 50.16
Support 32.44
Low 8.80
Low Date 12/07/2015
High 64.80
High Date 03/15/2024
Warning: TheGreedyTrader.com presents weekly analysis. Technical indicators and trend parameters are calculated for the close of business day indicated on the top right corner of the screen.