NRG Energy is a consumer services company. Co. produces and sells energy and related products and services in the U.S. and Canada. Co. sells power, natural gas, and home and power services and develops sustainable solutions, under the brand names NRG, Reliant, Direct Energy, Green Mountain Energy, Stream and XOOM Energy. Co.'s segments are: Texas, which includes all activity related to customer, plant and market operations in Texas; East, which includes all activity related to customer, plant and market operations in the East; and West/Services/Other, which includes all activity related to customer, plant and market operations in the West and Canada as well as the services businesses.
When researching a stock like NRG Energy, many investors are the most familiar with Fundamental Analysis — looking at a company's balance sheet, earnings, revenues, and what's happening in that company's underlying business. Investors who use Fundamental Analysis to identify good stocks to buy or sell can also benefit from NRG Technical Analysis to help find a good entry or exit point. Technical Analysis is blind to the fundamentals and looks only at the trading data for NRG stock — the real life supply and demand for the stock over time — and examines that data in different ways. One of these ways is called the Relative Strength Index, or RSI. This popular indicator, originally developed in the 1970's by J. Welles Wilder, looks at a 14-day moving average of a stock's gains on its up days, versus its losses on its down days. The resulting NRG RSI is a value that measures momentum, oscillating between "oversold" and "overbought" on a scale of zero to 100. A reading below 30 is viewed to be oversold, which a bullish investor could look to as a sign that the selling is in the process of exhausting itself, and look for entry point opportunities. A reading above 70 is viewed to be overbought, which could indicate that a rally in progress is starting to get crowded with buyers. If the rally has been a long one, that could be a sign that a pullback is overdue. |
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Video: RSI Indicator