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Takip Edin: @UscMarketsES Stock Forecast & Eversource Energy Chart Analysis
This article provides a detailed analysis of ES-Eversource Energy stock including a forecast for ES shares. It features Eversource Energy technical analysis, support and resistance levels, financial report evaluations, buy and sell signals based on simple moving averages and MACD, and artificial intelligence-assisted target price predictions
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ES Historical Data Review
ES Current Price Performance Analysis
The Eversource Energy - ES stock traded on the American stock market, on 06-05-2024, closed at 59.52$ with a %-2.14 decreased compared to the previous day.
In the last month, the price of ES changed by %-0.32 decreased in value, from 59.71 dollars on 05-06-2024 to 59.52 dollars, decreased.
Last year, the price of ES was 70.0 dollars on 06-06-2023, and changed by %-14.97 decreased in value, to 59.52 dollars decreased within a year.
The price of Eversource Energy stock is below both the 50-day and 100-day moving averages. Looks a bit grim for the medium and long term. Investors might want to tread carefully here, maybe give those risk strategies another once-over.
ES with AI Stock Forecast & Price Target
On the ES chart Eversource Energy price was recorded as 59.52 Dollars on 06/05/2024.
The artificial intelligence's forecast on ES stock is as follows.
The artificial intelligence's prediction error margin for ES stock is very high.
There are two types of risk factors in the artificial intelligence's targets: timing and target prices.
For example, the target price for one month later may be realized three months later. But there is no guarantee of this.
The average predicted price for Eversource Energy stock over the next 4 months is: 46.9 Dollars.
The commentary on ES stock Target Price: Highest: 58.251 Dollars is predicted.
The commentary on ES stock Target Price: Lowest: 37.586 Dollars is predicted.
Resistance Price where Eversource Energy stock will Rise and Fall:
| Date | Price Prediction |
|---|---|
| 06-25-2024 | 58.251 |
| 02-20-2025 | 41.825 |
Support Price where Eversource Energy stock will Fall and Rise:
| Date | Price Prediction |
|---|---|
| 01-21-2025 | 40.536 |
The commentary on ES stock: The target price can generally be said to be on the decline.
The commentary on ES stock: Fluctuations in the target price can be expected in the coming days.
The target price for Eversource Energy stock by the end of 2024 is predicted to be 44.023 Dollars.
The price prediction graph prepared with the help of artificial intelligence, the commentary on ES stock, and the 2024 target price predictions for Eversource Energy are detailed above.
The technical analysis and charts for the commentary on ES stock are below.
ES Support & Resistance and Trend Analysis
ES stock you have reviewed the technical analysis support resistance charts regarding.
ES : Targeting Support and Resistance Price Levels
According to the algorithmic analysis results related to the ES review, the Eversource Energy support and resistance prices are as follows.
Support and resistance levels on the chart are not absolute. They may vary depending on market conditions and macroeconomic indicators.
Eversource Energy Support and Resistance Prices:
| ES Support Level Price | ES Resistance Level Price |
|---|---|
| 52.09 | 56.14 |
| 52.49 | 58.90 |
| 52.71 | 59.43 |
| 56.06 | 59.99 |
| 56.16 | 60.38 |
| 56.67 | 60.44 |
| 56.76 | 60.78 |
| 58.81 | 60.85 |
| 58.90 | 62.25 |
| 59.16 | 63.24 |
| 60.41 | 64.56 |
| 64.64 |
ES Technical Analysis: SMA, RSI, MACD
Upon reviewing the ES chart, buy and sell signals have been generated in the Eversource Energy technical analysis with technical indicators. There are over 100 technical indicators in the market. Each technical indicator can produce different signals.
However, please remember that technical analysis is only a tool and exact results cannot be guaranteed.
On The technical analysis chart and stock comments for ES stock are as follows:- ES technical analysis indicates that the 14-period RSI has most recently generated a 'Buy' signal.
- The technical analysis for Eversource Energy gave a 'Buy' signal when the RSI was at 25.366, with the current RSI value at 45.738.
- The technical analysis for ES indicates that the MACD indicator (with parameters 9, 12, 26) has most recently generated a 'Buy' signal.
- The technical analysis for Eversource Energy issued a 'Buy' signal when the MACD was at -0.243, with the current MACD value being: -0.243
Basic Technical Analysis Tips for Financial Markets
- Moving averages may not yield reliable results in stagnant, sideways markets.
- According to MACD technical analysis, the most optimal buying opportunity is a 'Buy' signal given when the MACD is below the 0 level.
- An RSI crossing below 70 is used as a sell signal, and a crossing above 30 is used as a buy signal.
- During a strong upward trend, the RSI can rise above 70 and stay there.
- No indicator is perfect. Having indicators corroborate each other can increase the chances of success.
- Instead of fully relying on these indicators for your investment decisions, it is recommended to conduct a comprehensive analysis and consult a professional financial advisor.
You have read the comments, technical analyses, target prices, and financial reports for Eversource Energy stock: Click here to read more predictions on Genuine Parts Company stock.
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