Constellation Energy Corp Stock Technical Analysis

CEG Stock  USD 188.25  5.03  2.75%   
As of the 24th of April, Constellation Energy shows the Downside Deviation of 1.86, risk adjusted performance of 0.1723, and Mean Deviation of 1.88. Constellation Energy Corp technical analysis gives you the methodology to make use of historical prices and volume patterns to determine a pattern that approximates the direction of the firm's future prices. Put another way, you can use this information to find out if the firm will indeed mirror its model of historical prices and volume momentum, or the prices will eventually revert. We were able to analyze and collect data for nineteen technical drivers for Constellation Energy Corp, which can be compared to its peers. Please confirm Constellation Energy Corp maximum drawdown, and the relationship between the information ratio and downside variance to decide if Constellation Energy Corp is priced correctly, providing market reflects its regular price of 188.25 per share. Given that Constellation Energy has jensen alpha of 0.6886, we suggest you to validate Constellation Energy Corp's prevailing market performance to make sure the company can sustain itself at a future point.

Constellation Energy Momentum Analysis

Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Constellation, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to Constellation
  
Constellation Energy's Momentum analyses are specifically helpful, as they help investors time the market using mark points where the market can reverse. The reversal spots are usually identified through divergence between price movement and momentum.

Constellation Energy Analyst Consensus

Target PriceAdvice# of Analysts
107.83Strong Buy12Odds
Constellation Energy Corp current and past analyst recommendations published by a number of research institutions as well as average analyst consensus.
Most Constellation analysts issue ratings four times a year, at intervals of three months. Ratings are usually accompanied by a target price to helps potential investors understand Constellation stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of Constellation Energy Corp, talking to its executives and customers, or listening to Constellation conference calls.
Constellation Analyst Advice Details
Constellation Energy technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
A focus of Constellation Energy technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Constellation Energy trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Constellation Energy Corp Technical Analysis

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Incorrect Input. Please change your parameters or increase the time horizon required for running this function. The output start index for this execution was zero with a total number of output elements of zero. The Average True Range was developed by J. Welles Wilder in 1970s. It is one of components of the Welles Wilder Directional Movement indicators. The ATR is a measure of Constellation Energy Corp volatility. High ATR values indicate high volatility, and low values indicate low volatility.

Constellation Energy Corp Trend Analysis

Use this graph to draw trend lines for Constellation Energy Corp. You can use it to identify possible trend reversals for Constellation Energy as well as other signals and approximate when it will take place. Remember, you need at least two touches of the trend line with actual Constellation Energy price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.

Constellation Energy Best Fit Change Line

The following chart estimates an ordinary least squares regression model for Constellation Energy Corp applied against its price change over selected period. The best fit line has a slop of   1.30  , which may imply that Constellation Energy Corp will maintain its good market sentiment and make money for investors. It has 122 observation points and a regression sum of squares at 64133.29, which is the sum of squared deviations for the predicted Constellation Energy price change compared to its average price change.

About Constellation Energy Technical Analysis

The technical analysis module can be used to analyzes prices, returns, volume, basic money flow, and other market information and help investors to determine the real value of Constellation Energy Corp on a daily or weekly bases. We use both bottom-up as well as top-down valuation methodologies to arrive at the intrinsic value of Constellation Energy Corp based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Constellation Energy Corp price pattern first instead of the macroeconomic environment surrounding Constellation Energy Corp. By analyzing Constellation Energy's financials, daily price indicators, and related drivers such as dividends, momentum ratios, and various types of growth rates, we attempt to find the most accurate representation of Constellation Energy's intrinsic value. As compared to a bottom-up approach, our top-down model examines the macroeconomic factors that affect the industry/economy before zooming in to Constellation Energy specific price patterns or momentum indicators. Please read more on our technical analysis page.
 2022 2023 2024 (projected)
Dividend Yield0.0065420.0096940.009209
Price To Sales Ratio1.161.791.88

Constellation Energy April 24, 2024 Technical Indicators

Most technical analysis of Constellation help investors determine whether a current trend will continue and, if not, when it will shift. We provide a combination of tools to recognize potential entry and exit points for Constellation from various momentum indicators to cycle indicators. When you analyze Constellation charts, please remember that the event formation may indicate an entry point for a short seller, and look at different other indicators across different periods to confirm that a breakdown or reversion is likely to occur.
When determining whether Constellation Energy Corp is a strong investment it is important to analyze Constellation Energy's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Constellation Energy's future performance. For an informed investment choice regarding Constellation Stock, refer to the following important reports:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Constellation Energy Corp. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in income.
Note that the Constellation Energy Corp information on this page should be used as a complementary analysis to other Constellation Energy's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Commodity Channel module to use Commodity Channel Index to analyze current equity momentum.

Complementary Tools for Constellation Stock analysis

When running Constellation Energy's price analysis, check to measure Constellation Energy's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Constellation Energy is operating at the current time. Most of Constellation Energy's value examination focuses on studying past and present price action to predict the probability of Constellation Energy's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Constellation Energy's price. Additionally, you may evaluate how the addition of Constellation Energy to your portfolios can decrease your overall portfolio volatility.
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Is Constellation Energy's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Constellation Energy. If investors know Constellation will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Constellation Energy listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.09)
Dividend Share
1.128
Earnings Share
5.01
Revenue Per Share
77.146
Quarterly Revenue Growth
(0.21)
The market value of Constellation Energy Corp is measured differently than its book value, which is the value of Constellation that is recorded on the company's balance sheet. Investors also form their own opinion of Constellation Energy's value that differs from its market value or its book value, called intrinsic value, which is Constellation Energy's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Constellation Energy's market value can be influenced by many factors that don't directly affect Constellation Energy's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Constellation Energy's value and its price as these two are different measures arrived at by different means. Investors typically determine if Constellation Energy is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Constellation Energy's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.