The Greedy Trader Weekly Analysis
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- 8/15/2025 -
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Eversource (ES) Technical Analysis

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Summary:
Weekly :Overbought sectorWilliams' Percentage Range is strongly overboughtStochastic signal line moved below overbought areaBroken trend resistance line
Daily :The price has risen above the Parabolic SARPrice is near the Fibonacci 38.2% retracement levelThe price is close to the moving average in the center of the Bollinger BandsThe Bollinger Bands are historically close togetherPrice is close to the 50 Day Moving Average
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It was a first positive week for the Eversource (ES). During the week, the ES climbed 0.49 points, or 0.75%, and closed at 65.53 on Friday, August 15, 2025. Weekly volume was -18% below average.

ES 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 ES long-term trend chart]
A long-term downtrend had started on December 14, 2022 at 87.71 and reached 52.03 on November 1, 2023. ES lost 35.68 points, or 40.68%, in 46 weeks. The chart has formed a Descending Triangle chart pattern. The downtrend resistance line (52.34) 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 ES medium-term trend chart]
A medium-term uptrend had started on November 1, 2023 at 52.03 and reached 69.01 on September 5, 2024. ES gained -16.98 points, or -32.64%, in 44 weeks. The chart has formed a Broadening Right-Angled, Ascending Wedge chart pattern. The trend support level is at 52.34 and resistance is at 75.11. 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 Right-Angled, Ascending Wedge chart pattern help, or use a Technical Stock Screener to see the list of stocks with Broadening Right-Angled, Ascending Wedge pattern in a medium-term trend.

Weekly Technical Indicators: [See ES weekly technical indicators chart]
Weekly Williams' Percentage Range is strongly overbought. Use the Technical Stock Screener to see the list of stocks with strongly overbought weekly overbought 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 May 2, 2025. This is an indication that the medium-term trend is up. The distance between MACD and the signal line is low and getting smaller. It indicates that the current medium-term uptrend is getting weak. Use the following link to access a MACD help.

Short-term trend: [See ES short-term trend chart]
A short-term downtrend had started on August 5, 2025 at 67.09 and reached 64.59 on August 8, 2025. ES lost 2.50 points, or 3.73%, in 3 days. Price is near the Fibonacci 38.2% retracement level. The Fibonacci retracement level is considered a support/resistance level.

Daily Technical Indicators: [See ES daily technical indicators chart]
Daily technical indicators are neutral.

The daily MACD line is below its signal line since July 30, 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.

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.

The price is close to the moving average in the center of the Bollinger Bands. The distance between the Bollinger Bands (2.81%) is close to one year low (3.28%). It is 69.25% lower than one year average. It indicates the period of low volatility of the stock price, and it is considered a buy signal for the option traders. 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.

Price is close to the 50 Day Moving Average. 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.

Daily Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 52.29
Williams' Percentage Range (W%R) 53.20
Lane's Stochastic (%D-Slow) 47.20
Greed/Fear Indicator (GFI) 48.76
Moving Average Converg./Diverg. (MACD) 0.29
Weekly Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 60.34
Williams' Percentage Range (W%R) 9.00
Strong Overbought
Lane's Stochastic (%D-Slow) 79.89
Greed/Fear Indicator (GFI) 73.63
Moving Average Converg./Diverg. (MACD) 1.01
Trading Signals
Description Value Chart
Quarterly Trendline Resistance 75.11
Monthly Trendline Support 67.64
Monthly Trendline Resistance 67.26
Upper Bollinger Band 66.57
Weekly Stochastic Crossing 66.06
20 Day Moving Average 65.92
Price 65.53
Daily Stochastic Crossing 65.50
Parabolic System 65.10
50 Day Moving Average 65.08
Lower Bollinger Band 64.71
Yearly Trendline Resistance 58.79
Sector and Industry
Description Name Rank
Sector Utilities 11
Industry Multi-Utilities 81
Daily Trend
Description Value
Direction Up
Chart Pattern Uptrend
Low 64.59
Low Date 08/08/2025
High 66.31
High Date 08/13/2025
Weekly Trend
Monthly Trend
Description Value
Direction Down
Chart Pattern DownTrend
Status
Resistance
Support
High 67.09
High Date 08/05/2025
Low 64.59
Low Date 08/08/2025
Description Value
Direction Up
Chart Pattern Rising Wedge
Status Broken Support
Resistance 67.26
Support 67.64
Low 52.28
Low Date 04/09/2025
High 67.09
High Date 08/05/2025
Quarterly Trend
Yearly Trend
Description Value
Direction Up
Chart Pattern Broadening Right-Angled, Ascending Wedge
Status Valid
Resistance 75.11
Support 52.34
Low 52.03
Low Date 11/01/2023
High 69.01
High Date 09/05/2024
Description Value
Direction Down
Chart Pattern Descending Triangle
Status Broken Resistance
Resistance 58.79
Support 52.34
High 87.71
High Date 12/14/2022
Low 52.03
Low Date 11/01/2023
Warning: TheGreedyTrader.com presents weekly analysis. Technical indicators and trend parameters are calculated for the close of business day indicated on the top right corner of the screen.