The Hourly View for CMS
At the time of this writing, CMS (Get Ratings)’s price is up $0.16 (0.27%) from the hour prior. It’s been a feast for bulls operating on an hourly timeframe, as CMS has now gone up 4 of the past 5 hours. If you’re a trend trader, consider that the strongest clear trend on the hourly chart exists on the 100 hour timeframe. The moving averages on the hourly timeframe suggest a choppiness in price, as the 20, 50, 100 and 200 are all in a mixed alignment — meaning the trend across timeframes is inconsistent, indicating a potential opportunity for rangebound traders.
CMS ranks 9th in terms of today’s price percentage change out of Utilities stocks.
CMS’s Technical Outlook on the Daily Chart
At the time of this writing, CMS’s price is up $0.42 (0.71%) from the day prior. It’s been a feast for bulls operating on the daily timeframe, as CMS has now gone up 4 of the past 5 days. As for the trend on the daily timeframe, we see the clearest trend on the 20 day timeframe. The moving averages on the daily timeframe suggest a choppiness in price, as the 20, 50, 100 and 200 are all in a mixed alignment — meaning the trend across timeframes is inconsistent, indicating a potential opportunity for rangebound traders. Cms Energy Corp’s price action over the past 90 days can be seen via the chart below.
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