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S&P 500 Overbought StocksArchive
- 12/20/2024 -
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CMS Energy (CMS) Technical Analysis
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| Summary:
| | Weekly : | | Daily :
Move cursor over the icon to see details.
| | It was the negative week for the CMS Energy (CMS). During the week, the CMS dropped -0.71 points, or -1.05%, and closed at 66.61 on Friday, December 20, 2024. Weekly volume was 43% above average.
 Long-term trend: [See CMS long-term trend chart]
A long-term downtrend had started on April 21, 2022 at 73.76 and reached 49.87 on October 3, 2023. CMS lost 23.89 points, or 32.39%, in 75 weeks. The chart has formed a Falling Wedge chart pattern. The downtrend resistance line (46.66) is broken. A broken support is considered to be a long-term bullish signal. 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 long-term trend.
 Medium-term trend: [See CMS medium-term trend chart]
A medium-term downtrend had started on October 24, 2024 at 72.40 and reached 65.09 on November 7, 2024. CMS lost 7.31 points, or 10.10%, in 2 weeks. The price is now at the 20.79% 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 relatively high and getting bigger. It indicates that the current medium-term downtrend is strong. 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 65.47 on December 19, 2024. CMS lost 5.79 points, or 8.13%, in 22 days. The chart has formed a Falling Wedge chart pattern. The price is near the trend resistance line (66.67). The resistance is usually stronger when technical indicators are overbought. Use the following links to access Trend Support/Resistance Help, or use the Technical Stock Screener to see the list of stocks with price testing the trend resistance line in a short-term trend.
 Daily Technical Indicators: [See CMS daily technical indicators chart]
Daily Williams' Percentage Range is strongly oversold. Use the Technical Stock Screener to see the list of stocks with daily strongly oversold Williams' Percentage Range. During the last week, daily Lane's Stochastic signal line (%D) has moved above oversold area. Such crossover is considered a bullish 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 daily MACD line is below its signal line since December 3, 2024. 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.
A Parabolic SAR (stop and reversal) indicator (66.96) comes close to the price (66.61). It indicates that the trend is getting weaker. 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.
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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 |
6 |
| Industry |
Multi-Utilities |
68 |
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| Daily Trend |
| Description |
Value |
| Direction |
Up |
| Chart Pattern |
Uptrend |
| Low |
65.47 |
| Low Date |
12/19/2024 |
| High |
66.82 |
| High Date |
12/20/2024 |
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| Weekly Trend |
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| Description |
Value |
| Direction |
Down |
| Chart Pattern |
Falling Wedge |
| Status |
Test Resistance |
| Resistance |
66.67 |
| Support |
65.29 |
| High |
71.26 |
| High Date |
11/27/2024 |
| Low |
65.47 |
| Low Date |
12/19/2024 |
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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 |
72.40 |
| High Date |
10/24/2024 |
| Low |
65.09 |
| Low Date |
11/07/2024 |
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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 |
49.87 |
| Low Date |
10/03/2023 |
| High |
72.40 |
| High Date |
10/24/2024 |
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| Description |
Value |
| Direction |
Down |
| Chart Pattern |
Falling Wedge |
| Status |
Broken Resistance |
| Resistance |
43.79 |
| Support |
46.66 |
| High |
73.76 |
| High Date |
04/21/2022 |
| Low |
49.87 |
| Low Date |
10/03/2023 |
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