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Electric Utilities Industry Stocks Technical Analysis - EVRGArchive - 3/21/2025 - Sign In to see current Signals. |
Evergy (EVRG) Technical Analysis
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| Summary:
| | Weekly :   | | Daily : Move cursor over the icon to see details.
| | It was the negative week for the Evergy (EVRG). During the week, the EVRG gave back -0.25 points, or -0.37%, and closed at 67.20 on Friday, March 21, 2025. Weekly volume was 18% above average. EVRG is a member of Utilities Sector. Utilities is the most overbought sector. Sector/industry rotation is considered a proven strategy to beat the market. Use the following links to find overbought/oversold technical indicators by Sector or by Industry.
Long-term trend: [See EVRG long-term trend chart] A long-term uptrend had started on February 8, 2024 at 48.04 and reached 69.93 on March 4, 2025. EVRG gained -21.89 points, or -45.57%, in 55 weeks. The chart has formed a Broadening Ascending Wedge chart pattern. The trend support level is at 61.85 and resistance is at 70.53. 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 Ascending Wedge chart pattern help, or use a Technical Stock Screener to see the list of stocks with Broadening Ascending Wedge pattern in a long-term trend.
Medium-term trend: [See EVRG medium-term trend chart] A medium-term uptrend had started on January 13, 2025 at 59.67 and reached 69.93 on March 4, 2025. EVRG gained -10.26 points, or -17.19%, in 7 weeks. The price is now at the 26.61% retracement level.
Weekly Technical Indicators: [See EVRG weekly technical indicators chart] Weekly Williams' Percentage Range is overbought. Use the Technical Stock Screener to see the list of stocks with overbought weekly Williams' Percentage Range. During the last week, weekly Lane's Stochastic signal line (%D) has moved below overbought area. Such crossover is considered a bearish signal. Oscillators are designed to signal a possible trend reversal. They can act as alerts and should be taken in conjunction with other technical analysis tools. Oscillators can be used to confirm other technical signals. Use the following links to access Lane's Stochastic and Williams' Percentage Range help. The weekly MACD line is above its signal line since February 7, 2025. This is an indication that the medium-term trend is up. Use the following link to access a MACD help.
Short-term trend: [See EVRG short-term trend chart] A short-term downtrend had started on March 4, 2025 at 69.93 and reached 63.98 on March 10, 2025. EVRG lost 5.95 points, or 8.51%, in 6 days. The chart has formed a Falling Channel chart pattern.
Daily Technical Indicators: [See EVRG daily technical indicators chart] Daily Lane's Stochastic is overbought. Use the Technical Stock Screener to see the list of stocks with overbought daily Lane's Stochastic. The daily MACD line is below its signal line since March 3, 2025. This is an indication that the short-term trend is down. The distance between MACD and the signal line is low and getting smaller. It indicates that the current short-term downtrend is getting weak.
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Daily Oscillators |
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Weekly Oscillators |
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Trading
Signals |
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Sector and
Industry |
Description |
Name |
Rank |
Sector |
Utilities |
12 |
Industry |
Electric Utilities |
101 |
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Daily Trend |
Description |
Value |
Direction |
Down |
Chart Pattern |
Falling Channel |
High |
69.93 |
High Date |
03/04/2025 |
Low |
63.98 |
Low Date |
03/10/2025 |
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Weekly Trend |
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Description |
Value |
Direction |
Up |
Chart Pattern |
Uptrend |
Status |
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Resistance |
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Support |
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Low |
59.67 |
Low Date |
01/13/2025 |
High |
69.93 |
High Date |
03/04/2025 |
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Description |
Value |
Direction |
Up |
Chart Pattern |
Broadening Ascending Wedge |
Status |
Valid |
Resistance |
70.53 |
Support |
61.85 |
Low |
48.04 |
Low Date |
02/08/2024 |
High |
69.93 |
High Date |
03/04/2025 |
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Quarterly Trend |
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Description |
Value |
Direction |
Up |
Chart Pattern |
Uptrend |
Status |
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Resistance |
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Support |
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Low |
46.92 |
Low Date |
10/06/2023 |
High |
69.93 |
High Date |
03/04/2025 |
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Description |
Value |
Direction |
Down |
Chart Pattern |
DownTrend |
Status |
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Resistance |
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Support |
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High |
73.13 |
High Date |
04/21/2022 |
Low |
46.92 |
Low Date |
10/06/2023 |
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