uploads///NRG dma

NRG Energy’s Chart Indicators after Its 2Q17 Earnings


Dec. 4 2020, Updated 10:52 a.m. ET

Moving averages

So far, NRG Energy (NRG) stock has nearly doubled this year. It appears strong given its simple moving average levels. Currently, it’s trading at a 25% and 48% premium to its 50-day and 200-day moving average levels, respectively. The huge premium to both the simple moving average levels shows the strength in the stock. NRG Energy stock might see support around $19.40—around its 50-day moving average. NRG Energy’s RSI (relative strength index) looks stable at 55.

NRG Energy stock rose 30% in a single day when management released a transformation plan on July 12, 2017.

NRG Energy stock has been on a bull run for quite a while. Activist shareholders Bluescape Energy Partners and Elliott Management disclosed their stake in the largest independent power producer in the country in January 2017.

To learn more about NRG Energy and its concerning debt profile, read Analyzing NRG Energy’s Debt Restructuring Plan.

Article continues below advertisement

Latest NRG Energy Inc News and Updates

    Market Realist Logo

    © Copyright 2022 Market Realist. Market Realist is a registered trademark. All Rights Reserved. People may receive compensation for some links to products and services on this website. Offers may be subject to change without notice.