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Archive - 4/10/2026 - Sign In to see current Signals. |
Eversource (ES) Technical Analysis
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| Summary:
| | Weekly :  | | Daily :   Move cursor over the icon to see details.
| | It was a third positive week after 3 consecutive negative weeks for the Eversource (ES). During the week, the ES climbed 0.50 points, or 0.72%, and closed at 69.97 on Friday, April 10, 2026. Weekly volume was -26% below average. ES is a member of Utilities Sector. Utilities is the most overbought 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 ES long-term trend chart] A long-term uptrend had started on November 1, 2023 at 52.03 and reached 76.41 on February 27, 2026. ES gained -24.38 points, or -46.86%, in 121 weeks. The chart has formed a Broadening Right-Angled, Ascending Wedge chart pattern. The trend support level is at 52.45 and resistance is at 77.94. A Broadening Ascending Wedge pattern is considered to be a reversal formation. It usually appears in a mature trend, characterized by overbought/oversold long-term and short-term indicators, and often generates divergence on long-term indicators. Use the following link to access a Broadening Right-Angled, Ascending Wedge chart pattern help, or use a Technical Stock Screener to see the list of stocks with Broadening Right-Angled, Ascending Wedge pattern in a long-term trend.
Medium-term trend: [See ES medium-term trend chart] A medium-term uptrend had started on November 20, 2025 at 63.45 and reached 76.41 on February 27, 2026. ES gained -12.96 points, or -20.43%, in 14 weeks. The chart has formed a Broadening Ascending Wedge chart pattern. The price is near the trend support (69.01) line. The support is usually stronger when technical indicators are oversold. Use the following links to access Trend Support/Resistance Help, or use the Technical Stock Screener to see the list of stocks with price testing the trend support line in a medium-term trend.
Weekly Technical Indicators: [See ES weekly technical indicators chart] Weekly technical indicators are neutral. The weekly MACD line is below its signal line since March 20, 2026. Use the following link to access a MACD help.
Short-term trend: [See ES short-term trend chart] A short-term downtrend had started on February 27, 2026 at 76.41 and reached 66.32 on March 20, 2026. ES lost 10.09 points, or 13.21%, in 21 days. The chart has formed a Broadening Descending Wedge chart pattern. The downtrend resistance line (59.85) is broken. A broken support is considered to be a long-term bullish signal. 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 short-term trend.
Daily Technical Indicators: [See ES daily technical indicators chart] Daily technical indicators are neutral. During the last week, daily MACD line has moved above its signal line. Such crossover is considered a bullish signal. The price is close to the moving average in the center of the Bollinger Bands. 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.
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