NRG Energy – Chart Of The Day

The status of Barchart’s Opinion trading systems are listed below. Please note that the Barchart Opinion indicators are updated live during the session every 10 minutes and can therefore change during the day as the market fluctuates. The indicator numbers shown below therefore may not match what you see live on the Barchart.com web site when you read this report.
Barchart technical indicators:

• 96% Barchart technical buy signals
• Trend Spotter buy signal
• Above its 20, 50 and 100 day moving averages
• 17 new highs and up 11.04% in the last month
• Relative Strength Index 72.59%
• Barchart computes a technical support level at 36.28
• Recently traded at 37.53 with a 50 day moving average of 34.23

Fundamental factors:

 

• Market Cap $12.21 billion
• P/E 32.14
• Dividend yield 1.52%
• Revenue predicted to grow 26.00% this year but decrease 8.00% next year
• Earnings are estimated to increase 262.80% this year, an additional 1.50% next year and continue to compound by an annual rate of 6.40% for the next 5 years
• Wall Street analysts issued 4 strong buy and 7 buy recommendations on the stock

The stock has a P/E of 32.14 which is pricey for a utility. If you’ve got it hold it but you might not want to add new money.