Clearway Energy Stock Technical Analysis
| CWEN-A Stock | USD 26.65 0.38 1.45% |
As of the 22nd of November, Clearway Energy shows the mean deviation of 1.43, and Risk Adjusted Performance of 0.0159. Clearway Energy 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.
Clearway 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 Clearway, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to ClearwayClearway |
Clearway Energy Analyst Consensus
| Target Price | Advice | # of Analysts | |
| 31.0 | Strong Buy | 11 | Odds |
Most Clearway 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 Clearway stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of Clearway Energy, talking to its executives and customers, or listening to Clearway conference calls.
Clearway 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.
Clearway Energy Technical Analysis
The output start index for this execution was twenty with a total number of output elements of fourty-one. 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 Clearway Energy volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Clearway Energy Trend Analysis
Use this graph to draw trend lines for Clearway Energy. You can use it to identify possible trend reversals for Clearway 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 Clearway Energy price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Clearway Energy Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Clearway Energy applied against its price change over selected period. The best fit line has a slop of 0.02 , which may suggest that Clearway Energy market price will keep on failing further. It has 122 observation points and a regression sum of squares at 15.79, which is the sum of squared deviations for the predicted Clearway Energy price change compared to its average price change.About Clearway 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 Clearway Energy 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 Clearway Energy based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Clearway Energy price pattern first instead of the macroeconomic environment surrounding Clearway Energy. By analyzing Clearway 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 Clearway 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 Clearway Energy specific price patterns or momentum indicators. Please read more on our technical analysis page.
| 2021 | 2022 | 2023 (projected) | Dividend Yield | 0.0636 | 0.0947 | 0.0969 | Price To Sales Ratio | 3.28 | 3.13 | 2.44 |
Clearway Energy November 22, 2024 Technical Indicators
Most technical analysis of Clearway 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 Clearway from various momentum indicators to cycle indicators. When you analyze Clearway 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.
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
| Risk Adjusted Performance | 0.0159 | |||
| Market Risk Adjusted Performance | (0.04) | |||
| Mean Deviation | 1.43 | |||
| Semi Deviation | 2.34 | |||
| Downside Deviation | 2.45 | |||
| Coefficient Of Variation | 7880.59 | |||
| Standard Deviation | 2.07 | |||
| Variance | 4.3 | |||
| Information Ratio | (0.03) | |||
| Jensen Alpha | 0.0462 | |||
| Total Risk Alpha | (0.22) | |||
| Sortino Ratio | (0.03) | |||
| Treynor Ratio | (0.05) | |||
| Maximum Drawdown | 15.5 | |||
| Value At Risk | (2.78) | |||
| Potential Upside | 2.74 | |||
| Downside Variance | 5.99 | |||
| Semi Variance | 5.48 | |||
| Expected Short fall | (1.20) | |||
| Skewness | 0.3245 | |||
| Kurtosis | 5.06 |
Clearway Energy November 22, 2024 Daily Trend Indicators
Traders often use several different daily volumes and price technical indicators to supplement a more traditional technical analysis when analyzing securities such as Clearway stock. With literally thousands of different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.
| Accumulation Distribution | 8,330 | ||
| Daily Balance Of Power | 0.59 | ||
| Rate Of Daily Change | 1.01 | ||
| Day Median Price | 26.42 | ||
| Day Typical Price | 26.50 | ||
| Price Action Indicator | 0.42 |
Complementary Tools for Clearway Stock analysis
When running Clearway Energy's price analysis, check to measure Clearway 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 Clearway Energy is operating at the current time. Most of Clearway Energy's value examination focuses on studying past and present price action to predict the probability of Clearway 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 Clearway Energy's price. Additionally, you may evaluate how the addition of Clearway Energy to your portfolios can decrease your overall portfolio volatility.
| Stock Screener Find equities using a custom stock filter or screen asymmetry in trading patterns, price, volume, or investment outlook. | |
| Commodity Channel Use Commodity Channel Index to analyze current equity momentum | |
| Portfolio Diagnostics Use generated alerts and portfolio events aggregator to diagnose current holdings | |
| Portfolio Anywhere Track or share privately all of your investments from the convenience of any device | |
| Sync Your Broker Sync your existing holdings, watchlists, positions or portfolios from thousands of online brokerage services, banks, investment account aggregators and robo-advisors. | |
| Piotroski F Score Get Piotroski F Score based on the binary analysis strategy of nine different fundamentals | |
| Price Ceiling Movement Calculate and plot Price Ceiling Movement for different equity instruments |