Eversource stock: buy or sell

ES stock price: $86.38 -1.39% At close on Jul 28th, 2021

Updated on:
Jul 29th, 2021


Eversource stock brief

  • Eversource Energy closed on Wednesday at $86.38 (-1.39%) prior to reporting earnings on Thursday at 16:00
  • On July 22 broke out above its latest top at $84.45
  • Eversource Energy, a public utility holding company, engages in the energy delivery business.

Should I buy Eversource Energy stock?

Even if you are a experienced or a novel trader, best trading results come from using an investing strategy that never leaves to random or subjective opinions when is the best moment to buy or sell stocks. Trading strategies are meant for helping you in the decision process of what stocks to pick and when is the best moment to buy them. At Stocks2.com, we like to use very simple but trusted and powerful trend following trading strategies. Simple things usually work the best

Is $ES stock a buy?

In the current situation of Eversource Energy there is not any eligible buy setup. This doesn't mean $ES will slide in coming sessions, or it will not rise higher. Simply, it doesn't match our recommended trading systems

Should I sell Eversource Energy stock?

How to know when is it time to sell Eversource Energy stock?. Trading strategies allow us to avoid rash decisions based on our personal sentiments or the noise surrounding the market. When selling, as well as buying, detailed setups are very simple to use but are only applicable for selling stocks in your porfolio, not for shorting Eversource Energy stock

A golden rule is that you should not mantain an investment that leads to greater losses than those expected by the time of the buy. The timing to sell your stock must always be dictated by the stop-loss (automatic or manual)

Is it time to sell Eversource Energy stock?

In the current situation of Eversource Energy there is not any eligible sell setup, so Eversource Energy stock holders with operations in profit can keep their positions

Eversource Energy ratings

In the previous month we couldn't find any rating for Eversource Energy

Eversource Energy stock analysis

On July 22, the price broke out over the previous top at $84.45 on the downtrend started in November 2020. Since then, the price action resulted in a 2.29% profit.

SMAs overview

ES stock SMAs chart

Supports and resistances

The current resistance levels are:

  • R1: $89.40 (3.50% above)
  • R2: $90.25 (4.48% above)
  • R3: $90.55 (4.83% above)
  • The current supports are:

  • S1: $85.82 (-0.65% below)
  • S2: $85.51 (-1.01% below)
  • S3: $84.58 (-2.08% below)
  • Bollinger bands

    Since the price surpassed the upper band on July 19, the price sliced by 2.06%. The price is trading near to the upper Bollinger band, poiting some level of overbought in recent sessions. This is not a bearish indicator, as price can trade in these levels for many days and weeks

    ES stock Bollinger Bands chart

    Relative strength index

    The RSI dropped below the overbought level of 70 on July 19 after just crossing to the overbough zone for a single day (weak signal). The RSI value on Wednesday was 58.77. Since RSI lost the overbought zone, Eversource Energy stock slided a 1.12%

    ES stock RSI chart

    Eversource Energy stock price history

    Eversource Energy IPO was on Feb 21st, 1973 priced at $0.00 per share1. Since then, ES stock surged by -, with an average of 0.00% per year. If you had invested $1,000USD in Eversource Energy stock on the IPO, it would worth $inf today.

    1: Adjusted price after possible price splits or reverse-splits

    ES stock price history chart

    Price target for Eversource Energy stock

    How much a stock will be priced tomorrow or next week is quite unpredictable. Banks and financial organisations publish their analysis predicting how a particular stock will performance in the future.

    The following table shows the price forecasts posted by brokerage institutions for the last 30 days. Again, these targets are not direct recommendations for individual traders and must not be followed blindly.

    In the previous 30 days we couldn't find any price target published for Eversource Energy stock.

    Earnings and financials

    Eversource Energy performance

    ES performance compared
    Eversource Energy ($ES) 6.60% 2.10% -1.20%

    The comments contained in this post are personal and should not be followed as recommendations for you to buy or sell stocks. The author of this document does not know the particular positions of the reader, his or her own finances or what is in his or her best interest at any given time. All users should speak with their financial advisor before buying or selling any securities Comments are provided for education purposes only

    Eversource summary

    Wednesday, July 28th, 2021
    Day range$85.75 - $87.88
    Previous close$87.6
    Session gain-1.39%
    Average true range$2.21
    50d mov avg$82.57
    100d mov avg$83.72
    200d mov avg$84.82
    Earnings dateJuly 29th, 2021

    Frequently asked questions

    What is Eversource Energy stock symbol?

    Eversource Energy is a public company trading in the US stock market with the ES symbol

    Is Eversource Energy stock a buy or sell?

    Eversource Energy had no ratings in the last 30 days Read the article to get additional tips on trading ES stock.

    Will ES go up?

    There were no predictions published by analysts in the last month for Eversource Energy.