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Multi-Utilities Industry Stocks Technical Analysis - CMSArchive - 1/17/2025 - Sign In to see current Signals. |
CMS Energy (CMS) Technical Analysis
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| Summary:
| | Weekly : | | Daily : Move cursor over the icon to see details.
| | It was a first positive week for the CMS Energy (CMS). During the week, the CMS gained 2.99 points, or 4.59%, and closed at 68.08 on Friday, January 17, 2025. It was the best weekly gain since August 2, 2024. Weekly volume was -8% below average. Long-term trend: [See CMS long-term trend chart] A long-term uptrend had started on October 3, 2023 at 49.87 and reached 72.40 on October 24, 2024. CMS gained -22.53 points, or -45.18%, in 55 weeks. The price is now at the 19.17% retracement level. Medium-term trend: [See CMS medium-term trend chart] A medium-term downtrend had started on October 24, 2024 at 72.40 and reached 63.97 on January 13, 2025. CMS lost 8.43 points, or 11.64%, in 11 weeks. The price is now at the 48.75% retracement level. Weekly Technical Indicators: [See CMS weekly technical indicators chart] Weekly technical indicators are neutral. The weekly MACD line is below its signal line since November 1, 2024. This is an indication that the medium-term trend is down. The distance between MACD and the signal line is near its high, but getting smaller. It indicates that the current medium-term downtrend is still strong, and momentum is beginning to wane. Use the following link to access a MACD help. Short-term trend: [See CMS short-term trend chart] A short-term downtrend had started on November 27, 2024 at 71.26 and reached 63.97 on January 13, 2025. CMS lost 7.29 points, or 10.23%, in 47 days. The chart has formed a Falling Wedge chart pattern. The downtrend resistance line (63.54) is broken. Usually a broken resistance is considered to be a long-term bullish signal, but since daily indicators are overbought a short-term pull back is possible. CMS may retest the broken resistance line. It is considered to be a support line now. Use the following links to access Trend Support/Resistance Help, or use the Technical Stock Screener to see the list of stocks with broken trend resistance line in a short-term trend. Daily Technical Indicators: [See CMS daily technical indicators chart] Daily Williams' Percentage Range is overbought. Use the Technical Stock Screener to see the list of stocks with overbought daily Williams' Percentage Range. 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 link to access Williams' Percentage Range help. During the last week, daily MACD line has moved above its signal line. Such crossover is considered a bullish signal. During the last week, the price has risen above the Parabolic SAR (stop and reversal). A Parabolic SAR below the price is a bullish signal, and it indicates that momentum is likely to remain in the upward direction. A Parabolic SAR is used as a trailing stop loss for long or short positions. It works best during strong trending periods. Use the following links to access Parabolic SAR Help, or use the Technical Stock Screener to see the list of stocks with the Parabolic SAR close to the price level. During the last week, the price has moved above the moving average in the center of the Bollinger Bands. The Bollinger Bands are often used with a non-oscillator indicator like chart patterns or a trendline. The signals are considered more reliable if these indicators confirm the recommendation of the Bollinger Bands. Use the following links to access the Bollinger Bands Help, or use the Technical Stock Screener to see the list of stocks with the price above the Upper Bollinger Band or below the Lower Bollinger Band. During the last week, the price has advanced above the 50 Day Moving Average. While the medium-term trend is down and daily technical indicators are overbought, the 50 Day Moving Average is considered a resistance level. The moving average crossover signals work better when the stock develops a strong trend, but they are ineffective when the stock is in a trading range. Moving average crossover systems can be effective, but should be used in conjunction with trend patterns, momentum indicators, candlesticks and other aspects of technical analysis. Use the following links to access Moving Average Crossover trading technique, or use the Technical Stock Screener to see the list of stocks with the Moving Average close to the price level.
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