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NRG — NYSE —
Increasing ADX value above 20, indicated the strength of the trend, thereby uptrending ADX confirms the bullish or bearish supportive decisions. Along with the rising ADX, and the +DI is above (or crossing) -DI, indicates the long trades should be favoured.
The short length moving average (10 SMA) has crossed the long length moving average (20 SMA) from the below, generates bullish signal. Last day’s candle has closed above all these moving averages. This suggests buyers are taking interest in this stock.
Based on our short-term US stock trading, NRG Energy stock price target will be USD 77 - USD 78 in the next 14-15 trading sessions.
NRG Energy, along with its subsidiaries, functions as an energy and home services firm in both the United States and Canada. The company specializes in the production and sale of electricity, employing various sources such as coal, oil, solar storage, and natural gas. Its wide range of offerings includes retail electricity and energy management, as well as line and surge protection products. Additionally, NRG Energy provides HVAC installation, repair and maintenance services, home protection products, carbon offsets, and backup power solutions. The company’s activities extend to backup generation, storage and distribution of solar energy, advisory services, and trading in power, natural gas, and related commodities. NRG Energy serves a diverse customer base consisting of residential, commercial, government, industrial, and wholesale clients. With its headquarters situated in Houston, Texas, NRG Energy presents a compelling investment opportunity in the US stock market.
NRG — NYSE —
Increasing ADX value above 20, indicated the strength of the trend, thereby uptrending ADX confirms the bullish or bearish supportive decisions. Along with the rising ADX, and the +DI is above (or crossing) -DI, indicates the long trades should be favoured.
The short length moving average (10 SMA) has crossed the long length moving average (20 SMA) from the below, generates bullish signal. Last day’s candle has closed above all these moving averages. This suggests buyers are taking interest in this stock.
Based on our short-term US stock trading, NRG Energy stock price target will be USD 77 - USD 78 in the next 14-15 trading sessions.
Arijit Banerjee CMT CFTe is a seasoned expert in the financial industry, boasting decades of experience in trading, investment, and wealth management. As the founder and chief strategist of Naranj Capital, he’s built a reputation for providing insightful research analysis to guide investment decisions.
Arijit’s credentials are impressive, holding both the Chartered Market Technician (CMT) and Certified Financial Technician (CFTe) designations. These certifications demonstrate his expertise in technical analysis and financial markets.
Through Naranj Capital, Arijit shares his market insights and research analysis, offering actionable advice for investors. His work is featured on platforms like TradingView, where he publishes detailed analysis and recommendations.
If you’re interested in learning more about Arijit’s work or Naranj Capital’s services, you can reach out to them directly through their website
