US stock / ETF

Eversource Energy

ES · NYSE · USD

1 dayBearish90%
Daily Downside probability 90%Bearish

ES 1D chart

EMA21EMA50Bollinger
----

Market View

Market Shift

Daily: EMA8/21/50 are in bearish alignment

Confirmation Trigger

Recover $69.93 and stabilize above resistance $73.16.

Invalidation Trigger

Break above $73.16 with RSI back above 50.

Market Context

Trend PhaseBearish
Weak Pullback

Price is below EMA21

Daily
Momentum StateBearish
Momentum soft

RSI 34.2, MACD -0.265

Daily
Volatility EnvironmentRange
Low volatility

ATR is $1.11 (1.64%)

Daily

EMA Structure

Bearish
EMA 8$68.67Bearish
EMA 21$69.93Bearish
EMA 50$70.94Bearish

Signals

CategoryReadStrength
Momentum
RSI 34.2 · MACD -0.265

Momentum is weak

Strength
Bearish
Volatility
ATR $1.11 · BB 7.73%

Low volatility

Strength
Range
Volume
MFI 40.5 · OBV -7.90%

Relative to 20-period average volume

Strength
Bearish
Price Levels
$67.06 - $73.16

Support/Resistance Distance

Strength
Bearish

Key Levels

Upper risk zone

+9.45% · 5.8 ATR above latest close

$74.27
Nearest resistance

+7.81% · 4.8 ATR above · 34-bar high

$73.16
Current price

Price shown is delayed

$67.86
Nearest support

-1.17% · 0.7 ATR below · 34-bar low

$67.06
Deeper support zone

-2.81% · 1.7 ATR below latest close

$65.95
ATR zone

Latest close ± ATR14

$66.75 - $68.97

Indicators

Trend

Dow Theory Structure

Confirmation $67.06, invalidation $71.77

downtrend · LH/LLBearish
ADX / +DI / -DI (14)

Trend strength is moderate

16.5 / 12.6 / 32.9Bearish
Supertrend (10,3)

Price is above Supertrend

$64.24Bullish
Ichimoku Cloud

Cloud Span A / Span B

$69.73 / $71.82Bearish
Donchian Channel (20)

20-period breakout channel position

14%Bearish

Volatility

ATR (14)

Low volatility

$1.11 (1.64%)Range
Bollinger Bands (20,2)

Width 7.73%

9%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$72.17 / $67.55Range
ATR channel lower / upper

Current Volatility Envelope

$66.75 / $68.97Range

Levels / Risk

Resistance

Nearest Upside Decision Level

$73.16Range
Support

Nearest Downside Decision Level

$67.06Range

Momentum

RSI (14)

Momentum is weak

34.2Bearish
MACD (12,26,9)

Histogram is negative

-0.265Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

17.0 / 12.3Bullish
Williams %R (14)

Oversold zone

-83.0Bullish
CCI (20)

Weak expansion

-150.9Bearish
TD Sequential

Setup is not extreme

buy 6Bullish

Volume / Money Flow

MFI (14)

Money flow is weak

40.5Bearish
OBV slope

20-period OBV slope

-7.90%Bearish
Volume ratio

Relative to 20-period average volume

1.64xBullish

Trend

Dow Theory Structure

Confirmation $67.06, invalidation $71.77

downtrend · LH/LLBearish
ADX / +DI / -DI (14)

Trend strength is moderate

16.5 / 12.6 / 32.9Bearish
Supertrend (10,3)

Price is above Supertrend

$64.24Bullish
Ichimoku Cloud

Cloud Span A / Span B

$69.73 / $71.82Bearish
Donchian Channel (20)

20-period breakout channel position

14%Bearish

Momentum

RSI (14)

Momentum is weak

34.2Bearish
MACD (12,26,9)

Histogram is negative

-0.265Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

17.0 / 12.3Bullish
Williams %R (14)

Oversold zone

-83.0Bullish
CCI (20)

Weak expansion

-150.9Bearish
TD Sequential

Setup is not extreme

buy 6Bullish

Volatility

ATR (14)

Low volatility

$1.11 (1.64%)Range
Bollinger Bands (20,2)

Width 7.73%

9%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$72.17 / $67.55Range
ATR channel lower / upper

Current Volatility Envelope

$66.75 / $68.97Range

Volume / Money Flow

MFI (14)

Money flow is weak

40.5Bearish
OBV slope

20-period OBV slope

-7.90%Bearish
Volume ratio

Relative to 20-period average volume

1.64xBullish

Levels / Risk

Resistance

Nearest Upside Decision Level

$73.16Range
Support

Nearest Downside Decision Level

$67.06Range

Related Forecasts