November 23, 2025 a 01:15 pm
ES: Trend and Support & Resistance Analysis - Eversource Energy
Eversource Energy (Ticker: ES) operates predominantly in the energy delivery sector, focusing on the transmission and distribution of electricity and natural gas, and regulated water utilities. As a key player serving the northeastern United States, the company's financial performance is closely tied to regulatory policies and energy market fluctuations. The recent trend analysis reveals a bullish scenario primarily driven by regulatory approvals and strategic investments in renewable energy.
Trend Analysis
The trend analysis based on historical daily closing prices of Eversource Energy reveals the following insights. The EMA20 is compared with the EMA50 to determine the trend.
| Date | Closing Price | Trend |
|---|---|---|
| 2025-11-21 | 64.55 | ▲ Uptrend |
| 2025-11-20 | 63.55 | ▲ Uptrend |
| 2025-11-19 | 65.26 | ▲ Uptrend |
| 2025-11-18 | 74.54 | ▲ Uptrend |
| 2025-11-17 | 74.03 | ▲ Uptrend |
| 2025-11-14 | 73.30 | ▲ Uptrend |
| 2025-11-13 | 73.69 | ▲ Uptrend |
The analysis shows a clear uptrend with the EMA20 consistently above the EMA50, indicating a strong bullish sentiment in this period.
Support and Resistance
Support and resistance levels have been calculated from the recent historical data and are displayed in the table below.
| Zone Type | From | To |
|---|---|---|
| Resistance 1 | 73.85 | 74.60 |
| Resistance 2 | 75.00 | 75.50 |
| Support 1 | 64.00 | 65.00 |
| Support 2 | 62.00 | 63.00 |
The current price is within the Resistance 1 zone, suggesting a phase of potential price consolidation or a reversal if selling pressure increases.
This suggests cautious optimism where the resistance levels must be breached for further bullish momentum.
Conclusion
Eversource Energy is exhibiting a positive trend, backed by consistent market performance and strategic initiatives. The uptrend suggests potential for future growth, yet investors should remain aware of the resistance zones where the price may encounter hurdles. Investors should closely monitor regulatory developments and market conditions impacting energy prices. While the bullish trend presents opportunities, the presence of close resistance levels requires vigilance.