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Downtrend Broken Resist.Archive - 12/5/2025 - 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 the negative week for the Eversource (ES). During the week, the ES gave back -0.44 points, or -0.65%, and closed at 66.74 on Friday, December 5, 2025. Weekly volume was -6% below average.
Long-term trend: [See ES long-term trend chart] A long-term downtrend had started on December 14, 2022 at 87.71 and reached 52.03 on November 1, 2023. ES lost 35.68 points, or 40.68%, in 46 weeks. The chart has formed a Descending Triangle chart pattern. The downtrend resistance line (52.40) 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 long-term trend.
Medium-term trend: [See ES medium-term trend chart] A medium-term uptrend had started on November 1, 2023 at 52.03 and reached 75.25 on October 28, 2025. ES gained -23.22 points, or -44.63%, in 103 weeks. The chart has formed a Broadening Right-Angled, Ascending Wedge chart pattern. The trend support level is at 52.39 and resistance is at 77.13. 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 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 November 21, 2025. Use the following link to access a MACD help.
Short-term trend: [See ES short-term trend chart] A short-term uptrend had started on November 20, 2025 at 63.45 and reached 67.47 on December 5, 2025. ES gained -4.02 points, or -6.34%, in 15 days. The price is now at the 18.16% retracement level.
Daily Technical Indicators: [See ES daily technical indicators chart] Daily technical indicators are neutral. The daily MACD line is below its signal line since October 28, 2025. The distance between MACD and the signal line is low and getting smaller. The distance between the Bollinger Bands is 134.19% higher then one year average. It indicates the period of high volatility of the stock price. 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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