Hot On The Charts: NRG Energy, Inc. (NRG), Cypress Semiconductor Corporation (CY)

NRG Energy, Inc. (NYSE:NRG) traded at an unexpectedly high level on 11/1/2017 when the stock experienced a -0.64% loss to a closing price of $24.84. The company saw 6.98 million shares trade hands over the course of the day. Given that its average daily volume over the 30 days has been 5.31 million shares a day, this signifies a pretty significant change over the norm.

NRG Energy, Inc. (NRG) Analyst Gushes

Analysts are speculating a 52.98% move, based on the high target price ($38) for the shares that is set to reach in the next 12 months. The analysts, on average, are forecasting a $29.27 price target, but the stock is already up 152.44% from its recent lows. However, the stock is trading at -6.9% versus recent highs ($ 26.68). Analysts believe that we could see stock price minimum in the $16 range (lowest target price), allowing for another -35.59% drop from its current position. Leading up to this report, we have seen a -4.06% fall in the stock price over the last 30 days and a 3.59% increase over the past 3 months. Overall, the share price is up 102.61% so far this year. Additionally, NRG had a day price range of $24.645 to $25.32.

NRG Energy, Inc. (NRG) Price Potential

Heading into the stock price potential, NRG Energy, Inc. needs to grow just 20.77% to cross its median price target of $30. In order to determine directional movement, the 50-day and 200-day moving averages for NRG Energy, Inc. (NYSE:NRG) are $24.96 and $21.15. Given that liquidity is king in short-term, NRG is a stock with 316 million shares outstanding that normally trades 5.66% of its float. The stock price recently experienced a 5-day loss of -0.32% with 0.6 average true range (ATR). NRG has a beta of 1.28 and RSI is 45.31.

Cypress Semiconductor Corporation (NASDAQ:CY)’s Lead Over its Technicals

On the other hand, Cypress Semiconductor Corporation by far traveled 61.68% versus a 1-year low price of $9.63. The share price was last seen -1.83% lower, reaching at $15.57 on the first day of November. At recent session, the prices were hovering between $15.3 and $15.95. This company shares are 12.72% off its target price of $17.55 and the current market capitalization stands at $5.04B. The recent change has given its price a 5.5% lead over SMA 50 and -4.71% deficit over its 52-week high. The stock witnessed 0.97% gains, 10.43% gains and 16.89% gains for the 1-month, 3-month and 6-month period, respectively. To measure price-variation, we found CY’s volatility during a week at 2.57% and during a month it has been found around 2.02%.

Cypress Semiconductor Corporation (NASDAQ:CY) Intraday Metrics

Cypress Semiconductor Corporation (CY) exchanged hands at an unexpectedly high level of 7.87 million shares over the course of the day. Noting its average daily volume at 5.02 million shares each day over the month, this signifies a pretty significant change over the norm.

Cypress Semiconductor Corporation Target Levels

The market experts are predicting a 34.87% rally, based on the high target price ($21) for Cypress Semiconductor Corporation shares that is likely to be hit in the 52 weeks. Analysts anticipate that traders could see stock price minimum in the $13 range (lowest target price). If faced, it would be a -16.51% drop from its current position. Overall, the share price is up 36.1% year to date.

SHARE