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The Connecticut Light and Power Company
Buy, Hold or Sell?

Let's analyse The Connecticut Light and Power Company together

PenkeI guess you are interested in The Connecticut Light and Power Company. Buy, hold or sell? I don't know! However, I do recommend doing research before doing anything. I will help you with that.

I'm going to help you getting a better view of The Connecticut Light and Power Company. At the end you don't have to ask anyone for trading advice. You can make your own decision, with more confidence, the odds in your favor, backed by data.

You can find me behind Let's Analyse Together in the top-right of each section.

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Quick analysis of The Connecticut Light and Power Company (30 sec.)










What can you expect buying and holding a share of The Connecticut Light and Power Company? (30 sec.)

How much money do you get?

How much money do you get?
$0.00
When do you have the money?
1 year
How often do you get paid?
100.0%

What is your share worth?

Current worth
$0.07
Expected worth in 1 year
$-67.60
How sure are you?
70.0%

+ What do you gain per year?

Total Gains per Share
$-67.67
Return On Investment
-130.4%

For what price can you sell your share?

Current Price per Share
$51.90
Expected price per share
$51.46 - $51.28
How sure are you?
50%

1. Valuation of The Connecticut Light and Power Company (5 min.)




Live pricePrice per Share (EOD)

$51.90

Intrinsic Value Per Share

$-100.81 - $52.66

Total Value Per Share

$-100.74 - $52.73

2. Growth of The Connecticut Light and Power Company (5 min.)




Is The Connecticut Light and Power Company growing?

Current yearPrevious yearGrowGrow %
How rich?$25.6t$5.9b$25.6t100.0%

How much money is The Connecticut Light and Power Company making?

Current yearPrevious yearGrowGrow %
Making money-$442.2b$1.4b-$443.6b-100.3%
Net Profit Margin-3.7%11.5%--

How much money comes from the company's main activities?

3. Financial Health of The Connecticut Light and Power Company (5 min.)




What can you expect buying and holding a share of The Connecticut Light and Power Company? (5 min.)

Welcome investor! The Connecticut Light and Power Company's management wants to use your money to grow the business. In return you get a share of The Connecticut Light and Power Company.

What can you expect buying and holding a share of The Connecticut Light and Power Company?

First you should know what it really means to hold a share of The Connecticut Light and Power Company. And how you can make/lose money.

Speculation

The Price per Share of The Connecticut Light and Power Company is $51.90. The market price reflects what other people think it is worth; not what it's really worth. Your job is to find out if the market price is fair, overpriced, or underpriced. I will help you with that.

If you buy blind, there is a 50% chance of making or losing money by selling the stock in the future. However, we can look at a few things to determine the odds in our favor:

  • The fundamentals: the financial health trends of The Connecticut Light and Power Company.
  • The technials: based on market psychology, we can make a calculated estimate of what the price will do in the future. We can do this through technical analysis. We can calculate the probabilities and the expected value (millionaire math). That's called speculation.
  • The book value: what is the market price compared to it's book value.

Investing

If you really want to invest in The Connecticut Light and Power Company, you will have to let go of the thought of selling in the future. If you have to sell the share for less than you bought it, it can still be a good investment. Focus on what it means to hold the stock forever:

  • You own a part of the company. The equity of this part can grow or shrink. The current Book Value per Share is $0.07. Based on the TTM, the Book Value Change Per Share is $-16.92 per quarter. Based on the YOY, the Book Value Change Per Share is $1.28 per quarter.
  • You may receive quarterly/yearly dividend in the form of additional shares.
  • You may receive quarterly/yearly dividend in the form of cash. Based on the TTM the Dividend per Share is $0.00 per quarter.
Based on historical numbers we can estimate the returns while holding a share of The Connecticut Light and Power Company.

How much money are you going to get?

 MRQTTMYOY5Y10Y
 $% of Price per Share$% of Price per Share$% of Price per Share$% of Price per Share$% of Price per Share
Usd Eps0.000.0%0.000.0%1.522.9%15.7830.4%8.4116.2%
Usd Book Value Change Per Share-16.92-32.6%-16.92-32.6%1.282.5%-2.70-5.2%-0.85-1.6%
Usd Dividend Per Share0.000.0%0.000.0%2.464.7%3.807.3%2.294.4%
Usd Total Gains Per Share-16.92-32.6%-16.92-32.6%3.747.2%1.102.1%1.452.8%
Usd Price Per Share53.25-53.25-52.85-57.95-55.77-
Price to Earnings Ratio-42,124.20--42,124.20-34.80--8,397.08--4,172.38-
Price-to-Total Gains Ratio-3.15--3.15-14.12-10.72-16.91-
Price to Book Ratio725.37-725.37-3.11-147.39-75.84-
Price-to-Total Gains Ratio-3.15--3.15-14.12-10.72-16.91-

When do you get the money?

Usd Investment
$.00
Usd Price Per Share51.9
Number of shares19
Gains per QuarterTrailing 12 Months5 Year
Usd Dividend Per Share0.003.80
Usd Book Value Change Per Share-16.92-2.70
Usd Total Gains Per Share-16.921.10
Gains per Quarter (19 shares)-321.4620.86
Gains per Year (19 shares)-1,285.8283.42
YearsReturn on Investment (TTM)Return on Investment (5Y)
 DividendBook Value gainTotal gainsDividendBook Value gainTotal gains
Broker costs---10---10
10-1286-1296289-20573
20-2572-2582577-410156
30-3858-3868866-615239
40-5143-51541154-821322
50-6429-64401443-1026405
60-7715-77261732-1231488
70-9001-90122020-1436571
80-10287-102982309-1641654
90-11573-115842597-1846737
100-12858-128702886-2052820

How sure are you?

Based on the past periods, how sure are you to get value out of your investment.

Linear %
 Trailing 12 Months3Y5 Year10 YearALLTIME
  % % % % %
Earnings Per Share0.01.00.00.0%2.01.00.066.7%4.01.00.080.0%9.01.00.090.0%23.05.00.082.1%
Book Value Change Per Share0.01.00.00.0%1.02.00.033.3%3.02.00.060.0%7.03.00.070.0%15.013.00.053.6%
Dividend per Share1.00.00.0100.0%3.00.00.0100.0%5.00.00.0100.0%10.00.00.0100.0%28.00.00.0100.0%
Total Gains per Share0.01.00.00.0%1.02.00.033.3%3.02.00.060.0%7.03.00.070.0%19.09.00.067.9%

Fundamentals of The Connecticut Light and Power Company

About The Connecticut Light and Power Company

  • 1529
  • 107 Selden Street, Berlin, CT, United States, 06037-1616
    Google Maps Bing Maps

The Connecticut Light and Power Company, a regulated electric utility, engages in the purchase, delivery, and sale of electricity to residential, commercial, and industrial customers in Connecticut. It provides furnished retail franchise electric services to its customers. The company was founded in 1917 and is based in Berlin, Connecticut. The Connecticut Light and Power Company operates as a subsidiary of Eversource Energy.

Fundamental data was last updated by Penke on 2024-03-08 17:30:06.

Financial Health

Profitability Details
 Compared to previous yearCompared to industry
The company is making a loss.
Using its assets, the company is very inefficient in making profit.
Using its investors money, the company is very inefficient in making profit.
Operating Efficiency Details
 Compared to previous yearCompared to industry
The company is inefficient in keeping operating costs low.
Liquidity Details
 Compared to previous yearCompared to industry
The company is unable to pay all its short-term debts.
The company is just not able to pay all its short-term debts with the most liquid assets.
Solvency Details
 Compared to previous yearCompared to industry
The company is able to pay all its debts by selling its assets.
The company is able to pay all its debts with equity.

Valuation

Valuation Details
 Compared to previous yearCompared to industry
Based on the equity, the company is expensive.
Based on the earnings, the company is expensive.
Based on how much money comes from the company's main activities, the company is expensive.

1.1. Profitability of The Connecticut Light and Power Company.

1.1. Profitability
1.1.1. Net Profit Margin

Measures how much net profit The Connecticut Light and Power Company earns for each $1 of revenue.

  • Above 10% is considered healthy but always compare The Connecticut Light and Power Company to the Utilities - Regulated Electric industry mean.
  • A Net Profit Margin of -3.7% means that $-0.04 for each $1 in revenue is generated as profit.

Let's take a look of the Net Profit Margin trends of The Connecticut Light and Power Company:

  • The MRQ is -3.7%. The company is making a loss. -1
  • The TTM is -3.7%. The company is making a loss. -1
Trends
Current periodCompared to+/- 
MRQ-3.7%TTM-3.7%0.0%
TTM-3.7%YOY11.5%-15.2%
TTM-3.7%5Y8.3%-12.0%
5Y8.3%10Y10.0%-1.7%
1.1.2. Return on Assets

Shows how efficient The Connecticut Light and Power Company is using its assets to generate profit.

  • Above 5% is considered healthy but always compare The Connecticut Light and Power Company to the Utilities - Regulated Electric industry mean.
  • -0.8% Return on Assets means that The Connecticut Light and Power Company generated $-0.01 profit for each $1 in assets.

Let's take a look of the Return on Assets trends of The Connecticut Light and Power Company:

  • The MRQ is -0.8%. Using its assets, the company is very inefficient in making profit. -2
  • The TTM is -0.8%. Using its assets, the company is very inefficient in making profit. -2
Trends
Current periodCompared to+/- 
MRQ-0.8%TTM-0.8%0.0%
TTM-0.8%YOY9.6%-10.4%
TTM-0.8%5Y1,805.9%-1,806.7%
5Y1,805.9%10Y905.7%+900.2%
1.1.3. Return on Equity

Shows how efficient The Connecticut Light and Power Company is using its investors money to generate profit.

  • Above 15%-20% is considered healthy but always compare The Connecticut Light and Power Company to the Utilities - Regulated Electric industry mean.
  • -1.7% Return on Equity means The Connecticut Light and Power Company generated $-0.02 for each $1 the owners (shareholders) invested.

Let's take a look of the Return on Equity trends of The Connecticut Light and Power Company:

  • The MRQ is -1.7%. Using its investors money, the company is very inefficient in making profit. -2
  • The TTM is -1.7%. Using its investors money, the company is very inefficient in making profit. -2
Trends
Current periodCompared to+/- 
MRQ-1.7%TTM-1.7%0.0%
TTM-1.7%YOY56.0%-57.7%
TTM-1.7%5Y10,877.2%-10,878.9%
5Y10,877.2%10Y5,446.6%+5,430.6%

1.2. Operating Efficiency of The Connecticut Light and Power Company.

1.2. Operating Efficiency
1.2.1. Operating Margin

Measures how efficient The Connecticut Light and Power Company is operating .

  • Measures how much profit The Connecticut Light and Power Company makes for each $1 of sales after paying variable costs (production costs, wages, etc) but before taxes.
  • Above 15% is considered healthy but always compare The Connecticut Light and Power Company to the Utilities - Regulated Electric industry mean.
  • An Operating Margin of 0.0% means the company generated $0.00  for each $1 in revenue (before taxes).

Let's take a look of the Operating Margin trends of The Connecticut Light and Power Company:

  • The MRQ is 0.0%. The data is not here.
Trends
Current periodCompared to+/- 
MRQ-TTM-0.0%
TTM-YOY17.9%-17.9%
TTM-5Y16.3%-16.3%
5Y16.3%10Y19.5%-3.2%
1.2.2. Operating Ratio

Measures how efficient The Connecticut Light and Power Company is keeping operating costs low.

  • Below 1 is considered healthy (always compare to Utilities - Regulated Electric industry mean).
  • An Operation Ratio of 1.23 means that the operating costs are $1.23 for each $1 in net sales.

Let's take a look of the Operating Ratio trends of The Connecticut Light and Power Company:

  • The MRQ is 1.232. The company is inefficient in keeping operating costs low. -1
  • The TTM is 1.232. The company is inefficient in keeping operating costs low. -1
Trends
Current periodCompared to+/- 
MRQ1.232TTM1.2320.000
TTM1.232YOY408.823-407.591
TTM1.2325Y82.551-81.319
5Y82.55110Y41.664+40.887

1.3. Liquidity of The Connecticut Light and Power Company.

1.3. Liquidity
1.3.1. Current Ratio

Measures if The Connecticut Light and Power Company is able to pay off Short-term Debt.

  • Above 1.5 is considered healthy (always compare to Utilities - Regulated Electric industry mean).
  • A Current Ratio of 0.67 means the company has $0.67 in assets for each $1 in short-term debts.

Let's take a look of the Current Ratio trends of The Connecticut Light and Power Company:

  • The MRQ is 0.670. The company is unable to pay all its short-term debts. -2
  • The TTM is 0.670. The company is unable to pay all its short-term debts. -2
Trends
Current periodCompared to+/- 
MRQ0.670TTM0.6700.000
TTM0.670YOY0.882-0.212
TTM0.6705Y0.950-0.280
5Y0.95010Y0.897+0.052
1.3.2. Quick Ratio

Measures if The Connecticut Light and Power Company is able to pay off Short-term Debt but only using the most liquid assets.

  • Above 1 is considered healthy but always compare The Connecticut Light and Power Company to the Utilities - Regulated Electric industry mean.
  • A Quick Ratio of 0.23 means the company can pay off $0.23 for each $1 in debt (using most liquid assets).

Let's take a look of the Quick Ratio trends of The Connecticut Light and Power Company:

  • The MRQ is 0.234. The company is just not able to pay all its short-term debts with the most liquid assets. -1
  • The TTM is 0.234. The company is just not able to pay all its short-term debts with the most liquid assets. -1
Trends
Current periodCompared to+/- 
MRQ0.234TTM0.2340.000
TTM0.234YOY1,062.215-1,061.981
TTM0.2345Y958.141-957.907
5Y958.14110Y479.326+478.815

1.4. Solvency of The Connecticut Light and Power Company.

1.3. Liquidity
1.4.1. Debt to Asset Ratio

Measures how much % of The Connecticut Light and Power Company assets are financed with debt.

  • Below 1 (100%) is considered healthy but always compare The Connecticut Light and Power Company to Utilities - Regulated Electric industry mean.
  • A Debt to Asset Ratio of 0.54 means that The Connecticut Light and Power Company assets are financed with 53.8% credit (debt) and the remaining percentage (100% - 53.8%) is financed by its owners/shareholders. 

Let's take a look of the Debt to Asset Ratio trends of The Connecticut Light and Power Company:

  • The MRQ is 0.538. The company is able to pay all its debts by selling its assets. +1
  • The TTM is 0.538. The company is able to pay all its debts by selling its assets. +1
Trends
Current periodCompared to+/- 
MRQ0.538TTM0.5380.000
TTM0.538YOY0.600-0.062
TTM0.5385Y0.599-0.061
5Y0.59910Y0.633-0.033
1.4.2. Debt to Equity Ratio

Measures if The Connecticut Light and Power Company is able to pay off its debts by using shareholders equity.

  • Below 2 is considered healthy but always compare The Connecticut Light and Power Company to the Utilities - Regulated Electric industry mean.
  • A Debt to Equity ratio of 116.5% means that company has $1.17 debt for each $1 in shareholders equity.

Let's take a look of the Debt to Equity Ratio trends of The Connecticut Light and Power Company:

  • The MRQ is 1.165. The company is able to pay all its debts with equity. +1
  • The TTM is 1.165. The company is able to pay all its debts with equity. +1
Trends
Current periodCompared to+/- 
MRQ1.165TTM1.1650.000
TTM1.165YOY3.510-2.345
TTM1.1655Y2.765-1.599
5Y2.76510Y2.387+0.378

2. Market Valuation of The Connecticut Light and Power Company

2.1. Earnings Per Share
2.1. Price to Earnings Ratio

Measures how much money you pay for each share for every $1 in earnings The Connecticut Light and Power Company generates.

  • Above 15 is considered overpriced but always compare The Connecticut Light and Power Company to the Utilities - Regulated Electric industry mean.
  • A PE ratio of -42,124.20 means the investor is paying $-42,124.20 for every $1 in earnings.

Let's take a look of the Price to Earnings Ratio trends of The Connecticut Light and Power Company:

  • The EOD is -41,056.261. Based on the earnings, the company is expensive. -2
  • The MRQ is -42,124.199. Based on the earnings, the company is expensive. -2
  • The TTM is -42,124.199. Based on the earnings, the company is expensive. -2
Trends
Current periodCompared to+/- 
EOD-41,056.261MRQ-42,124.199+1,067.937
MRQ-42,124.199TTM-42,124.1990.000
TTM-42,124.199YOY34.800-42,158.998
TTM-42,124.1995Y-8,397.077-33,727.122
5Y-8,397.07710Y-4,172.378-4,224.699
2.2. Price To Free Cash Flow Ratio

Let's take a look of the Price To Free Cash Flow Ratio trends of The Connecticut Light and Power Company:

  • The EOD is 566,706.856. Based on how much money comes from the company's main activities, the company is expensive. -2
  • The MRQ is 581,447.786. Based on how much money comes from the company's main activities, the company is expensive. -2
  • The TTM is 581,447.786. Based on how much money comes from the company's main activities, the company is expensive. -2
Trends
Current periodCompared to+/- 
EOD566,706.856MRQ581,447.786-14,740.930
MRQ581,447.786TTM581,447.7860.000
TTM581,447.786YOY24.577+581,423.209
TTM581,447.7865Y116,277.790+465,169.995
5Y116,277.79010Y58,145.780+58,132.010
2. Book Value per Share
2.3. Price to Book Ratio

Measures if the stock price of The Connecticut Light and Power Company is to cheap or to expensive compared to its book value.

  • At or below 1 is considered healthy (always compare to Utilities - Regulated Electric industry mean).
  • A PB ratio of 725.37 means the investor is paying $725.37 for each $1 in book value.

Let's take a look of the Price to Book Ratio trends of The Connecticut Light and Power Company:

  • The EOD is 706.976. Based on the equity, the company is expensive. -2
  • The MRQ is 725.366. Based on the equity, the company is expensive. -2
  • The TTM is 725.366. Based on the equity, the company is expensive. -2
Trends
Current periodCompared to+/- 
EOD706.976MRQ725.366-18.390
MRQ725.366TTM725.3660.000
TTM725.366YOY3.110+722.255
TTM725.3665Y147.385+577.980
5Y147.38510Y75.844+71.541
2. Total Gains per Share

3. Summary

3.1. Key Performance Indicators

The key performance indicators of The Connecticut Light and Power Company compared to the Most Recent Quarter (MRQ).

 End of day+/-Most Recent QuarterTrailing 12 Months+/-Year-Over-Year+/-5 Year+/-10 Year+/-
Book Value Change Per Share---16.919-16.9190%1.278-1424%-2.700-84%-0.847-95%
Book Value Per Share--0.0730.0730%16.992-100%180.375-100%98.032-100%
Current Ratio--0.6700.6700%0.882-24%0.950-29%0.897-25%
Debt To Asset Ratio--0.5380.5380%0.600-10%0.599-10%0.633-15%
Debt To Equity Ratio--1.1651.1650%3.510-67%2.765-58%2.387-51%
Dividend Per Share--0.0000.0000%2.464-100%3.797-100%2.294-100%
Eps---0.001-0.0010%1.519-100%15.776-100%8.406-100%
Free Cash Flow Per Share--0.0000.0000%2.150-100%-13.602+14851887%-6.973+7614273%
Free Cash Flow To Equity Per Share--0.0020.0020%6.375-100%4.924-100%2.754-100%
Gross Profit Margin--1.0001.0000%1.0000%1.0000%1.0000%
Intrinsic Value_10Y_max--52.659--------
Intrinsic Value_10Y_min---100.813--------
Intrinsic Value_1Y_max--2.444--------
Intrinsic Value_1Y_min---12.850--------
Intrinsic Value_3Y_max--9.503--------
Intrinsic Value_3Y_min---36.457--------
Intrinsic Value_5Y_max--19.164--------
Intrinsic Value_5Y_min---57.526--------
Market Cap313226880.000-5947447837%18629005613250000.00018629005613250000.0000%18351991688.800+101509349%3725813133418381.000+400%1862915089922665.500+900%
Net Profit Margin---0.037-0.0370%0.115-132%0.083-145%0.100-137%
Operating Margin----0%0.179-100%0.163-100%0.195-100%
Operating Ratio--1.2321.2320%408.823-100%82.551-99%41.664-97%
Pb Ratio706.976-3%725.366725.3660%3.110+23222%147.385+392%75.844+856%
Pe Ratio-41056.261+3%-42124.199-42124.1990%34.800-121148%-8397.077-80%-4172.378-90%
Price Per Share51.900-3%53.25053.2500%52.850+1%57.946-8%55.770-5%
Price To Free Cash Flow Ratio566706.856-3%581447.786581447.7860%24.577+2365765%116277.790+400%58145.780+900%
Price To Total Gains Ratio-3.068+3%-3.147-3.1470%14.124-122%10.717-129%16.914-119%
Quick Ratio--0.2340.2340%1062.215-100%958.141-100%479.326-100%
Return On Assets---0.008-0.0080%0.096-108%18.059-100%9.057-100%
Return On Equity---0.017-0.0170%0.560-103%108.772-100%54.466-100%
Total Gains Per Share---16.919-16.9190%3.742-552%1.098-1641%1.447-1269%
Usd Book Value--25682232000000.00025682232000000.0000%5900580000.000+435149%5140642658400.200+400%2572816292200.100+898%
Usd Book Value Change Per Share---16.919-16.9190%1.278-1424%-2.700-84%-0.847-95%
Usd Book Value Per Share--0.0730.0730%16.992-100%180.375-100%98.032-100%
Usd Dividend Per Share--0.0000.0000%2.464-100%3.797-100%2.294-100%
Usd Eps---0.001-0.0010%1.519-100%15.776-100%8.406-100%
Usd Free Cash Flow--32039000000.00032039000000.0000%746728000.000+4191%6626297400.000+384%3258293400.000+883%
Usd Free Cash Flow Per Share--0.0000.0000%2.150-100%-13.602+14851887%-6.973+7614273%
Usd Free Cash Flow To Equity Per Share--0.0020.0020%6.375-100%4.924-100%2.754-100%
Usd Market Cap313226880.000-5947447837%18629005613250000.00018629005613250000.0000%18351991688.800+101509349%3725813133418381.000+400%1862915089922665.500+900%
Usd Price Per Share51.900-3%53.25053.2500%52.850+1%57.946-8%55.770-5%
Usd Profit---442240000000.000-442240000000.0000%1412394000.000-31411%154602305600.000-386%77653301700.000-670%
Usd Revenue--11910705000000.00011910705000000.0000%12289336000.000+96819%4168103994400.000+186%2087017348900.000+471%
Usd Total Gains Per Share---16.919-16.9190%3.742-552%1.098-1641%1.447-1269%
 EOD+4 -4MRQTTM+0 -0YOY+10 -255Y+12 -2310Y+12 -23

3.2. Fundamental Score

Let's check the fundamental score of The Connecticut Light and Power Company based on Penke's default stock scanner.

Penke's Stock Scanner

  
  
IndicatorConditionValue
Price to Earnings Ratio (EOD)Between0-15-41,056.261
Price to Book Ratio (EOD)Between0-1706.976
Net Profit Margin (MRQ)Greater than0-0.037
Operating Margin (MRQ)Greater than00.000
Quick Ratio (MRQ)Greater than10.234
Current Ratio (MRQ)Greater than10.670
Debt to Asset Ratio (MRQ)Less than10.538
Debt to Equity Ratio (MRQ)Less than11.165
Return on Equity (MRQ)Greater than0.15-0.017
Return on Assets (MRQ)Greater than0.05-0.008
Total1/10 (10.0%)

3.3. Technical Score

Let's check the technical score of The Connecticut Light and Power Company based on Penke's default Symbol scanner.

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5048.199
Ma 20Greater thanMa 5052.006
Ma 50Greater thanMa 10051.939
Ma 100Greater thanMa 20051.831
OpenGreater thanClose51.900
Total2/5 (40.0%)



Reversals in quarterly reports

I have detected a reversal (positive to negative, negative to positive) in the following values of the quarterly reports.

 2019-12-312020-12-312021-12-312022-12-312023-12-31
Long-term Assets Other  -9,052,901,034-595,568,966-9,648,470,000113,734,000-9,534,736,000-2,231,878,000-11,766,614,00013,135,955,0001,369,341,000
Income before Tax  547,8231,558,324,1771,558,872,000-1,557,299,7311,572,269293,6991,865,968-276,902,968-275,037,000
Net Income  410,8521,212,275,1481,212,686,000-1,211,943,718742,282670,1121,412,394-443,652,394-442,240,000



Latest Balance Sheet

Balance Sheet of 2023-12-31. All numbers in thousands.

Summary
Total Assets55,612,245,000
Total Liabilities29,930,013,000
Total Stockholder Equity25,682,232,000
 As reported
Total Liabilities 29,930,013,000
Total Stockholder Equity+ 25,682,232,000
Total Assets = 55,612,245,000

Assets

Total Assets55,612,245,000
Total Current Assets4,247,994,000
Long-term Assets51,364,251,000
Total Current Assets
Cash And Cash Equivalents 53,873,000
Net Receivables 1,431,531,000
Inventory 507,307,000
Other Current Assets 2,255,283,000
Total Current Assets  (as reported)4,247,994,000
Total Current Assets  (calculated)4,247,994,000
+/-0
Long-term Assets
Property Plant Equipment 39,498,607,000
Goodwill 4,532,100,000
Long-term Assets Other 1,369,341,000
Long-term Assets  (as reported)51,364,251,000
Long-term Assets  (calculated)45,400,048,000
+/- 5,964,203,000

Liabilities & Shareholders' Equity

Total Current Liabilities6,341,397,000
Long-term Liabilities23,588,616,000
Total Stockholder Equity25,682,232,000
Total Current Liabilities
Short-term Debt 2,755,269,000
Accounts payable 1,869,187,000
Other Current Liabilities 1,716,941,000
Total Current Liabilities  (as reported)6,341,397,000
Total Current Liabilities  (calculated)6,341,397,000
+/-0
Long-term Liabilities
Long-term Liabilities  (as reported)23,588,616,000
Long-term Liabilities  (calculated)0
+/- 23,588,616,000
Total Stockholder Equity
Common Stock1,799,920,000
Retained Earnings 4,142,515,000
Other Stockholders Equity 19,617,965,000
Total Stockholder Equity (as reported)25,682,232,000
Total Stockholder Equity (calculated)25,560,400,000
+/- 121,832,000
Other
Cash and Short Term Investments 53,873,000
Common Stock Shares Outstanding 349,840,481,000
Liabilities and Stockholders Equity 55,612,245,000
Net Debt 26,290,012,000
Net Working Capital -2,093,403,000
Short Long Term Debt Total 26,343,885,000



Balance Sheet

All numbers in thousands.

 Trend2023-12-312022-12-312021-12-312020-12-312019-12-312018-12-312017-12-312016-12-312015-12-312014-12-312013-12-312012-12-312011-12-312010-12-312009-12-312008-12-312007-12-312006-12-312005-12-312004-12-312003-12-312002-12-312001-12-312000-12-311999-12-311998-12-311997-12-311996-12-31
> Total Assets 
10,741,748
10,414,412
10,387,381
9,688,052
10,217,149
10,331,923
10,267,617
11,308,884
11,655,834
12,569,075
11,303,236
11,581,822
8,336,118
8,364,564
8,287,585
8,791,396
9,142,088
8,980,502
9,360,108
9,592,957
10,035,044
36,220,386
11,409,719
12,185,191
13,455,974
13,949,656
14,758,796
55,612,245,000
55,612,245,00014,758,79613,949,65613,455,97412,185,19111,409,71936,220,38610,035,0449,592,9579,360,1088,980,5029,142,0888,791,3968,287,5858,364,5648,336,11811,581,82211,303,23612,569,07511,655,83411,308,88410,267,61710,331,92310,217,1499,688,05210,387,38110,414,41210,741,748
   > Total Current Assets 
1,066,916
970,673
932,907
1,071,280
1,150,355
1,476,168
1,521,124
1,772,731
1,667,221
2,376,843
1,731,051
1,286,256
672,202
677,384
616,536
676,791
653,656
691,716
897,368
956,005
873,181
2,487,099
794,763
784,460
1,112,404
1,156,439
1,259,721
4,247,994,000
4,247,994,0001,259,7211,156,4391,112,404784,460794,7632,487,099873,181956,005897,368691,716653,656676,791616,536677,384672,2021,286,2561,731,0512,376,8431,667,2211,772,7311,521,1241,476,1681,150,3551,071,280932,907970,6731,066,916
       Cash And Cash Equivalents 
194,197
143,403
136,155
255,154
200,017
96,658
85,393
37,196
46,989
45,782
481,911
15,104
649,418,000
45
9,762
1
1
7,237
2,356
1,057
6,579
38,165
87,721
15,432,000
90,801
55,804
11,312
53,873,000
53,873,00011,31255,80490,80115,432,00087,72138,1656,5791,0572,3567,237119,76245649,418,00015,104481,91145,78246,98937,19685,39396,658200,017255,154136,155143,403194,197
       Short-term Investments 
7,039
230,905
182,118
107,620
98,146
266,628
181,363
245,585
221,975
412,602
491,725
397,869
17,399,000
24,593
7,870
0
0
0
0
0
0
0
0
-15,358,816
1,107,143,000
0
0
0
0001,107,143,000-15,358,816000000007,87024,59317,399,000397,869491,725412,602221,975245,585181,363266,62898,146107,620182,118230,9057,039
       Net Receivables 
604,183
251,799
279,352
385,918
593,953
786,157
893,325
704,893
977,115
1,077,369
449,371
516,993
555,363
568,738
483,104
398,559
376,781
425,848
590,182
611,272
446,056
1,126,444
477,079
481,969
1,195,925,000
1,226,069,000
1,517,138,000
1,431,531,000
1,431,531,0001,517,138,0001,226,069,0001,195,925,000481,969477,0791,126,444446,056611,272590,182425,848376,781398,559483,104568,738555,363516,993449,3711,077,369977,115704,893893,325786,157593,953385,918279,352251,799604,183
       Inventory 
211,414
212,721
202,661
172,973
163,711
108,516
119,853
154,076
185,180
206,557
173,882
210,850
70,676
65,623
63,811
61,102
64,603
54,606
46,664
43,124
52,050
223,063
44,529
50,700
57,924
60,264
88,157
507,307,000
507,307,00088,15760,26457,92450,70044,529223,06352,05043,12446,66454,60664,60361,10263,81165,62370,676210,850173,882206,557185,180154,076119,853108,516163,711172,973202,661212,721211,414
       Other Current Assets 
1,804
93,350
67,181
73,721
94,528
150,299
130,929
567,201
81,567
505,291
88,857
105,517
30,478
18,385
51,989
170,197
185,858
150,943
220,344
268,318
335,526
741,868
125,155
178,607
454,877,000
1,709,731,000
2,284,068,000
2,255,283,000
2,255,283,0002,284,068,0001,709,731,000454,877,000178,607125,155741,868335,526268,318220,344150,943185,858170,19751,98918,38530,478105,51788,857505,29181,567567,201130,929150,29994,52873,72167,18193,3501,804
   > Long-term Assets 
9,674,832
9,443,739
9,454,474
8,616,772
9,066,794
8,855,755
8,746,493
9,536,153
9,988,613
10,192,232
9,572,185
10,295,566
7,663,916
7,687,180
7,671,049
8,114,605
8,488,432
8,288,786
8,462,740
8,636,952
9,161,863
33,733,287
10,614,956
11,400,731
10,234,856
10,803,643
11,469,224
51,364,251,000
51,364,251,00011,469,22410,803,64310,234,85611,400,73110,614,95633,733,2879,161,8638,636,9528,462,7408,288,7868,488,4328,114,6057,671,0497,687,1807,663,91610,295,5669,572,18510,192,2329,988,6139,536,1538,746,4938,855,7559,066,7948,616,7729,454,4749,443,7399,674,832
       Property Plant Equipment 
6,732,165
6,463,158
6,170,881
3,947,434
3,547,215
4,472,977
4,728,369
5,429,916
5,864,161
6,417,230
6,242,186
6,220,668
5,089,124
5,340,561
5,586,504
5,827,384
6,152,959
6,451,259
6,809,664
7,156,809
7,632,392
23,617,463
8,909,701
9,625,765
10,234,856
10,803,643
11,469,224
39,498,607,000
39,498,607,00011,469,22410,803,64310,234,8569,625,7658,909,70123,617,4637,632,3927,156,8096,809,6646,451,2596,152,9595,827,3845,586,5045,340,5615,089,1246,220,6686,242,1866,417,2305,864,1615,429,9164,728,3694,472,9773,547,2153,947,4346,170,8816,463,1586,732,165
       Goodwill 
0
0
0
0
0
0
0
319,986
319,986
287,591
287,591
287,591
0
0
0
0
0
0
3,231,811,000
3,519,401,000
3,519,401,000
4,427,266
4,427,266,000
4,427,266,000
4,445,988,000
4,477,269,000
4,522,632,000
4,532,100,000
4,532,100,0004,522,632,0004,477,269,0004,445,988,0004,427,266,0004,427,266,0004,427,2663,519,401,0003,519,401,0003,231,811,000000000287,591287,591287,591319,986319,9860000000
       Long Term Investments 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
1,200
0
0
585,419
0
0
0
0
0
0
000000585,419001,200000000000000000000
       Intangible Assets 
0
0
0
0
324,389
333,123
345,867
22,956
19,361
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
000000000000000000019,36122,956345,867333,123324,3890000
       Long-term Assets Other 
2,836,141
2,873,991
3,180,110
4,587,835
5,132,713
4,049,655
3,672,257
3,763,295
3,785,105
3,430,884
2,991,565
3,787,463
2,574,792
2,330,264
2,084,545
2,287,221
2,335,473
1,837,527
1,653,076
1,480,143
1,529,471
5,103,139
199,767
-9,052,901,034
-9,648,470,000
-9,534,736,000
-11,766,614,000
1,369,341,000
1,369,341,000-11,766,614,000-9,534,736,000-9,648,470,000-9,052,901,034199,7675,103,1391,529,4711,480,1431,653,0761,837,5272,335,4732,287,2212,084,5452,330,2642,574,7923,787,4632,991,5653,430,8843,785,1053,763,2953,672,2574,049,6555,132,7134,587,8353,180,1102,873,9912,836,141
> Total Liabilities 
8,228,441
8,050,971
8,103,809
7,368,541
7,762,366
8,098,083
7,940,896
8,928,564
9,242,923
10,023,631
8,388,857
8,667,987
6,091,678
5,991,381
5,890,110
6,383,844
6,603,759
6,278,008
6,423,341
6,452,240
6,564,657
25,134,144
7,094,202
7,681,166
8,294,988
8,533,955
8,858,216
29,930,013,000
29,930,013,0008,858,2168,533,9558,294,9887,681,1667,094,20225,134,1446,564,6576,452,2406,423,3416,278,0086,603,7596,383,8445,890,1105,991,3816,091,6788,667,9878,388,85710,023,6319,242,9238,928,5647,940,8968,098,0837,762,3667,368,5418,103,8098,050,9718,228,441
   > Total Current Liabilities 
1,204,602
1,220,368
1,127,787
1,570,461
2,541,796
1,325,622
1,304,352
1,446,235
1,563,402
1,975,230
1,363,835
1,206,150
865,058
550,991
622,217
978,535
921,644
1,089,702
1,074,190
935,972
1,008,446
3,589,045
983,443
876,149
860,318
1,148,004
1,428,288
6,341,397,000
6,341,397,0001,428,2881,148,004860,318876,149983,4433,589,0451,008,446935,9721,074,1901,089,702921,644978,535622,217550,991865,0581,206,1501,363,8351,975,2301,563,4021,446,2351,304,3521,325,6222,541,7961,570,4611,127,7871,220,3681,204,602
       Short-term Debt 
377,558
502,114
548,009
899,784
1,762,663
340,962
112,906
169,936
270,759
54,673
4,877
233,286
290,698
62,000
68,225
151,525
224,296
493,831
295,400
277,400
330,100
1,637,718
250,000
63,800
1,249,325,000
1,505,450,000
2,762,329,000
2,755,269,000
2,755,269,0002,762,329,0001,505,450,0001,249,325,00063,800250,0001,637,718330,100277,400295,400493,831224,296151,52568,22562,000290,698233,2864,87754,673270,759169,936112,906340,9621,762,663899,784548,009502,114377,558
       Short Long Term Debt 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
162,000
3,041,082
330,100
369,500
250,000
63,800
0
0
0
0
000063,800250,000369,500330,1003,041,082162,000000000000000000000
       Accounts payable 
507,139
402,870
338,612
347,321
538,983
608,705
766,128
768,783
825,247
972,368
569,940
598,546
410,637
291,648
258,075
393,760
315,183
201,047
272,971
267,764
289,532
1,085,034
351,435
472,491
552,325
666,032
846,777
1,869,187,000
1,869,187,000846,777666,032552,325472,491351,4351,085,034289,532267,764272,971201,047315,183393,760258,075291,648410,637598,546569,940972,368825,247768,783766,128608,705538,983347,321338,612402,870507,139
       Other Current Liabilities 
319,905
315,384
241,166
323,356
240,150
375,955
425,318
507,516
467,396
948,189
789,018
374,318
163,723
197,343
295,917
433,250
382,165
394,824
505,819
390,808
388,814
866,293
382,008
339,858
307,993
481,972
-7,829,649,489
1,716,941,000
1,716,941,000-7,829,649,489481,972307,993339,858382,008866,293388,814390,808505,819394,824382,165433,250295,917197,343163,723374,318789,018948,189467,396507,516425,318375,955240,150323,356241,166315,384319,905
   > Long-term Liabilities 
7,023,839
6,830,603
6,976,022
5,798,080
5,220,570
6,772,461
6,636,544
7,482,329
7,679,521
8,048,401
7,025,022
7,461,837
3,316,244
5,440,390
5,267,893
5,405,309
5,682,115
5,188,306
5,349,151
5,516,268
5,556,211
21,545,099
6,110,759
6,805,017
3,914,835
4,215,379
4,216,488
23,588,616,000
23,588,616,0004,216,4884,215,3793,914,8356,805,0176,110,75921,545,0995,556,2115,516,2685,349,1515,188,3065,682,1155,405,3095,267,8935,440,3903,316,2447,461,8377,025,0228,048,4017,679,5217,482,3296,636,5446,772,4615,220,5705,798,0806,976,0226,830,6037,023,839
       Other Liabilities 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
2,553,000
2,636,386
2,924,001
3,075,025
3,102,278
3,285,281
3,519,735
3,170,572
3,211,840
0
03,211,8403,170,5723,519,7353,285,2813,102,2783,075,0252,924,0012,636,3862,553,000000000000000000000
       Deferred Long Term Liability 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
1,476,808
1,372,128
1,397,464
1,463,135
1,547,588
1,609,061
1,950,252
1,828,061
1,846,193
0
01,846,1931,828,0611,950,2521,609,0611,547,5881,463,1351,397,4641,372,1281,476,808000000000000000000
> Total Stockholder Equity
2,413,335
2,263,441
2,183,572
2,219,511
2,354,783
2,233,840
2,326,721
2,380,320
2,412,911
2,545,444
2,914,379
2,913,835
2,244,440
2,373,183
2,397,475
2,407,552
2,538,329
2,702,494
2,936,767
3,140,717
3,470,387
11,086,242
4,315,517
4,504,025
2,233,719
2,288,485
2,523,446
25,682,232,000
25,682,232,0002,523,4462,288,4852,233,7194,504,0254,315,51711,086,2423,470,3873,140,7172,936,7672,702,4942,538,3292,407,5522,397,4752,373,1832,244,4402,913,8352,914,3792,545,4442,412,9112,380,3202,326,7212,233,8402,354,7832,219,5112,183,5722,263,4412,413,335
   Common Stock
680,260
684,211
685,156
686,969
693,345
744,453
746,879
751,992
756,155
874,489
877,101
879,623
60,352
60,352
60,352
60,352
60,352
60,352
60,352
60,352
60,352
1,669,392
60,352
60,352
60,352
60,352
60,352
1,799,920,000
1,799,920,00060,35260,35260,35260,35260,3521,669,39260,35260,35260,35260,35260,35260,35260,35260,35260,352879,623877,101874,489756,155751,992746,879744,453693,345686,969685,156684,211680,260
   Retained Earnings 
832,520
664,678
560,769
581,817
495,873
678,460
765,611
808,932
845,343
504,301
862,660
946,792
617,276
714,210
734,561
735,948
839,628
961,482
1,072,477
1,170,278
1,299,374
3,561,084
1,727,899
1,791,392
2,173,367
2,228,133
2,463,094
4,142,515,000
4,142,515,0002,463,0942,228,1332,173,3671,791,3921,727,8993,561,0841,299,3741,170,2781,072,477961,482839,628735,948734,561714,210617,276946,792862,660504,301845,343808,932765,611678,460495,873581,817560,769664,678832,520
   Capital Surplus 0000000000000000000000000000
   Treasury Stock0000000000000000000000000000
   Other Stockholders Equity 
764,355
778,352
1,600,084
1,626,002
2,055,192
1,454,394
1,366,208
1,354,410
1,392,866
2,060,934
2,107,840
1,923,722
2,908,396
1,601,792
1,605,275
1,613,503
1,640,149
1,682,047
1,804,869
1,910,663
2,110,714
5,922,169
2,410,765
2,535,765
-79,159,000
-113,295,000
-116,149,000
19,617,965,000
19,617,965,000-116,149,000-113,295,000-79,159,0002,535,7652,410,7655,922,1692,110,7141,910,6631,804,8691,682,0471,640,1491,613,5031,605,2751,601,7922,908,3961,923,7222,107,8402,060,9341,392,8661,354,4101,366,2081,454,3942,055,1921,626,0021,600,084778,352764,355



Balance Sheet

All numbers in thousands.




Cash Flow

Currency in USD. All numbers in thousands.




Income Statement

All numbers in thousands.


Latest Income Statement (annual, 2023-12-31)

Gross Profit (+$)
totalRevenue11,910,705,000
Cost of Revenue-5,168,241,000
Gross Profit6,742,464,0006,742,464,000
 
Operating Income (+$)
Gross Profit6,742,464,000
Operating Expense-9,511,370,000
Operating Income2,399,335,000-2,768,906,000
 
Operating Expense (+$)
Research Development0
Selling General Administrative0
Selling And Marketing Expenses0
Operating Expense9,511,370,0000
 
Net Interest Income (+$)
Interest Income0
Interest Expense-855,441,000
Other Finance Cost-855,441,000
Net Interest Income0
 
Pretax Income (+$)
Operating Income2,399,335,000
Net Interest Income0
Other Non-Operating Income Expenses0
Income Before Tax (EBT)-275,037,0005,073,707,000
EBIT - interestExpense = -855,441,000
-282,556,000
413,201,000
Interest Expense855,441,000
Earnings Before Interest and Taxes (EBIT)0580,404,000
Earnings Before Interest and Taxes (EBITDA)2,399,335,000
 
After tax Income (+$)
Income Before Tax-275,037,000
Tax Provision-0
Net Income From Continuing Ops0-275,037,000
Net Income-442,240,000
Net Income Applicable To Common Shares0
 
Non-recurring Events
Discontinued Operations0
Extraordinary Items0
Effect of Accounting Charges0
Other Items0
Non Recurring0
Other Operating Expenses14,679,611,000
Total Other Income/Expenses Net-2,674,372,0000
 

Technical Analysis of The Connecticut Light and Power Company
The psychology behind the price

Technical indicators reflecting market sentiment and the collective psychology of you and other traders. Your emotions and other traders' emotions, such as fear and greed, play a significant role in driving price movements.

General trend

First of all, I'm going to put something in the back of your mind. One of the most stable factors that gives you more confidence as a trader: the general trend of The Connecticut Light and Power Company. The general trend of The Connecticut Light and Power Company is BEARISH with 28.6% confidence. It is very important for your mental being to use each indicator with this in mind. But beware, also the general trend flips once in a while! You can use moving averages to determine The Connecticut Light and Power Company's overall trend. For convenience I use the most commonly used moving averages: 20, 50, 100 & 200. Of course you can use other moving averages or other indicators to determine the trend.

Indicator phases

Some of the indicators I use have 3 zones: overbought, oversold and neutral. Transitions between these zones (market phases) provide valuable trading signals and insights. Expecially with the general trend mind, I use the highlighted phases:

Indicator zone transitionsBullish trend (-28.6%) Bearish trend (28.6%)
Overbought to neutralBullish pullback=Bearish reversal
Upper to lower neutralBullish correction=Bearish continuation
Nuetral to oversoldOversold=Oversold
Oversold to neutralBullish reversal=Bearish correction
Lower to upper neutralBullish continuation=Bearish pullback
Nuetral to overboughtOverbought=Overbought

1. Price Targets

1.1 Support & Resistance

Support and resistance are levels on a price chart that act as barriers or zones where the price of an asset tends to stop, reverse, or experience a significant amount of buying or selling pressure.

Support is a price level at which demand for an asset is strong enough to prevent the price from falling further.
Resistance is a price level at which selling pressure becomes significant enough to prevent the price of an asset from rising further.


Score

Let's take a look at the Support & Resistance of The Connecticut Light and Power Company.

The long score for the Support & Resistance is 0/1.
The longshort score for the Support & Resistance is 0/(-1 +1).

  • Between support/resistance: The price is trading between support and resistance lines.

The bullish price targets are: 51.17 < 51.17 < 51.28.

The bearish price targets are: 52.55 > 51.46 > 51.46.

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The Connecticut Light and Power Company Daily Support & Resistance Chart

2. Trend Indicators

2.1 Moving Averages

Shows the moving average of the selected period.

  • Moving averages are lagging trend indicators.
  • There are many types of moving averages.
  • Moving averages are also used within other indicators.

Score

Let's take a look at the Moving Averages of The Connecticut Light and Power Company. The current mas is .

The long score for the Moving Averages is 5/14.
The longshort score for the Moving Averages is -4/(-14 +14).

  • MA 20 trending down: The MA 20 is trending down. -1
  • Close < MA 20: The price is below the MA 20. -1
  • MA 20 > MA 50: The MA 20 is higher than the MA 50. +1
  • MA 20 > MA 100: The MA 20 is higher than the MA 100. +1
  • MA 20 < MA 200: The MA 20 is lower than the MA 200. -1
  • MA 50 trending down: The MA 50 is trending down. -1
  • Close < MA 50: The price is below the MA 50. -1
  • MA 50 > MA 100: The MA 50 is higher than the MA 100. +1
  • MA 50 < MA 200: The MA 50 is lower than the MA 200. -1
  • MA 100 trending up: The MA 100 is trending up. +1
  • Close > MA 100: The price is above the MA 100. +1
  • MA 100 < MA 200: The MA 100 is lower than the MA 200. -1
  • MA 200 trending down: The MA 200 is trending down. -1
  • Close < MA 200: The price is below the MA 200. -1

Directionalities and relatives.

Moving AverageAmount of candlesTrendPrice +/-vs. MA 50vs. MA 100vs. MA 200
MA 2020
MA 5050-
MA 100100--
MA 200200---

Explanation: https://www.youtube.com/watch?v=xwW8h0lrQ-I

The Connecticut Light and Power Company Daily Moving Averages Chart
2.2 Moving Average Convergence/Divergence (MACD)

Shows the momentum of the selected period based on two moving averages.

  • MACD is a lagging momentum indicator.
  • Uses two moving averages.
  • Can show buy or sell signals based on momentum.
  • Can show overbought. and oversold. levels.

Score

Let's take a look at the Moving Average Convergence/Divergence (MACD) of The Connecticut Light and Power Company. The current macd is -0.02334945.

The long score for the Moving Average Convergence/Divergence (MACD) is 0/4.
The longshort score for the Moving Average Convergence/Divergence (MACD) is -4/(-4 +4).

  • MACD line < signal line: The MACD line is below the signal line, which indicates a bearish signal in the market. This means that the negative momentum is currently stronger than the average momentum, suggesting that sellers are more active than buyers, and there's a higher probability of the The Connecticut Light and Power Company price going down in the near term. -2
  • MACD < 0: The MACD is below the zero line (centerline), it indicates a bearish signal for The Connecticut Light and Power Company. This means that the short-term moving average is lower than the long-term moving average, signaling negative momentum and suggesting a higher likelihood of the The Connecticut Light and Power Company price continuing to fall in the near future. It indicates that sellers are gaining control, and there is negativism in the market, leading to potential price decreases. -1
  • Trending down: The MACD line is trending down. This indicates that the short-term moving average is falling faster than the long-term moving average, suggesting negative momentum in the market. This signals that sellers are becoming more active and insecure, leading to potential price decreases as traders anticipate further losses and are willing to sell at lower prices. -1
The Connecticut Light and Power Company Daily Moving Average Convergence/Divergence (MACD) ChartThe Connecticut Light and Power Company Daily Moving Average Convergence/Divergence (MACD) Chart
2.3 Directional Movement Index (DMI)

The DMI is a collection of 3 indicators: +DI (Plus Direction Indicator), -DI (Minus Direction Indicator) and ADX (Average Directional Index). The ADX helps you determine the strength of a trend.


Score

Let's take a look at the Directional Movement Index (DMI) of The Connecticut Light and Power Company. The current adx is 10.46.

The long score for the Directional Movement Index (DMI) is 1/7.
The longshort score for the Directional Movement Index (DMI) is 1/(-7 +7).

  • PLUS_ID > MINUS_DI: The +DI line is above the -DI line. This indicates a bullish signal in the market, as the positive directional movement is currently stronger than the negative directional movement, showing that buyers have the upper hand. Market psychology suggests that traders are optimistic, expecting further price increases, and are more willing to buy The Connecticut Light and Power Company shares, leading to potential upward momentum in its price. +1
  • PLUS_ID > MINUS_DI && ADX < 25 && ADX trending down: The ADX is below 25 and indicates a weak or no trend. Also, the ADX is declining so there is no trend indication.
The Connecticut Light and Power Company Daily Directional Movement Index (DMI) Chart
2.4 Parabolic SAR

Shows the current trend and potential entry and exit signals.

  • Parabolic SAR (stop and reverse) is a lagging trend indicator.
  • Shows the current trend.
  • Shows potential entry signals.
  • Shows  potential exit signals.
  • Can be used to place trailing stoplosses..

Score

Let's take a look at the Parabolic SAR of The Connecticut Light and Power Company. The current sar is 52.72.

The long score for the Parabolic SAR is 0/1.
The longshort score for the Parabolic SAR is -1/(-1 +1).

  • Close < SAR: The price is below the SAR. It's generally considered a bearish signal. -1
The Connecticut Light and Power Company Daily Parabolic SAR Chart

3. Momentum Indicators

3.1 Relative Strength Index (RSI)

Measures the speed and change of price movements.

  • Leading momentum indicator, meaning the signals are instant.
  • Ranges between 0 and 100.
  • Above 70 is considered overbought.
  • Below 30 is considered oversold.
  • Above or below 50 can also be used to determine price trend or support and resistance.
  • RSI divergence looks at a deviation between RSI and price movement. Penketrading automatically calculates RSI divergences.
  • Can be used in many different ways

Score

Let's take a look at the Relative Strength Index (RSI) of The Connecticut Light and Power Company. The current rsi is 48.20. The current phase is Continuation in bear market.

The long score for the Relative Strength Index (RSI) is 0/13.
The longshort score for the Relative Strength Index (RSI) is -3/(-13 +13).

  • Continuation in bear market: Downtrend continues after a consolidation or pullback. Hold or add to short positions.
The Connecticut Light and Power Company Daily Relative Strength Index (RSI) ChartThe Connecticut Light and Power Company Daily Relative Strength Index (RSI) Chart
3.2 Stochastic Oscillator

Compares a certain price to multiple prices ranging over time.

  • Leading momentum indicator, meaning the signals are instant.
  • Used to determine overbought and oversold areas much like the RSI.
  • Ranges between 0 and 100.
  • Above 80 is considered overbought.
  • Below 20 is considered oversold.
  • Consists of two lines named K and D.
  • K compares the highest high and lowest low on the selected price range.
  • The D line is a moving average of the K line.
  • Can be used to spot divergences

Score

Let's take a look at the Stochastic Oscillator of The Connecticut Light and Power Company. The current phase is Continuation in bear market.

The long score for the Stochastic Oscillator is 0/6.
The longshort score for the Stochastic Oscillator is -4/(-6 +6).

  • STOCH < 50: The STOCH %K is below 50. There are more sellers than buyers. -1
  • STOCH %K line < STOCH %D line: The STOCH %K line is below the STOCH %D line, which indicates a bearish signal in the market. This means that the negative momentum is currently stronger than the average momentum, suggesting that sellers are more active than buyers, and there's a higher probability of the The Connecticut Light and Power Company price going down in the near term. -2
  • Trending down: The STOCH %K is trending down. -1
The Connecticut Light and Power Company Daily Stochastic Oscillator ChartThe Connecticut Light and Power Company Daily Stochastic Oscillator Chart
3.3 Commodity Channel Index (CCI)

Measures the difference between the current price and the historical average price.

  • Lagging or leading Momentum indicator
  • When the CCI is above zero, the price is above the historical average
  • When the CCI is below zero, the price is below the historical average
  • Used for spotting trends
    • If the CCI moves from negative or near zero to positive 100 that might indicate an uptrend
    • If the CCI moves from positive or near zero to negative -100 that might indicate a downtrend

Score

Let's take a look at the Commodity Channel Index (CCI) of The Connecticut Light and Power Company. The current cci is -36.86635945.

The Connecticut Light and Power Company Daily Commodity Channel Index (CCI) ChartThe Connecticut Light and Power Company Daily Commodity Channel Index (CCI) Chart
3.4 Chande Momentum Oscillator (CMO)

Measures the difference between the sum of recent gains and the sum of recent losses. Then divides the result by the sum of all price movements in that period.

  • Lagging momentum indicator
  • Ranges between +100 and -100
  • Considered overbought above +50
  • Considered oversold below -50
  • It's possible to add a moving average that acts as a signal line

Score

Let's take a look at the Chande Momentum Oscillator (CMO) of The Connecticut Light and Power Company. The current cmo is -6.01841334.

The long score for the Chande Momentum Oscillator (CMO) is 0/1.
The longshort score for the Chande Momentum Oscillator (CMO) is -1/(-1 +1).

  • CMO < 0: The CMO is below 0, the momentum of the price is negative, indicating a potential downtrend in the price. -1
The Connecticut Light and Power Company Daily Chande Momentum Oscillator (CMO) ChartThe Connecticut Light and Power Company Daily Chande Momentum Oscillator (CMO) Chart
3.5 Williams %R

 Shows the current price relative to the highest high over the last 14 days.
 

  • Lagging momentum indicator
  • Ranging between 0 and -100
  • Above -20 is considered overbought
  • Below -80 is considered oversold
  • Is prone to give false signals

Score

Let's take a look at the Williams %R of The Connecticut Light and Power Company. The current willr is -52.17391304.

The long score for the Williams %R is 0/1.
The longshort score for the Williams %R is 0/(-1 +1).

  • WILLR between -80 and -20: The Williams %R is between -80 and -20. This indicates that The Connecticut Light and Power Company is trading in a neutral price range, neither oversold nor overbought, suggesting a balanced market condition without any extreme price signals.
The Connecticut Light and Power Company Daily Williams %R ChartThe Connecticut Light and Power Company Daily Williams %R Chart

4. Volatility Indicators

4.1 Bollinger Bands

Shows if the price is to high or to low relative to an average.

  • Lagging volatility indicator
  • Uses 3 bands: one upper, one lower and one in the middle
  • Works best when the middle band reflects an intermediate trend (MA20).
  • When the price is moving closer to the upper band, the market might be overbought
  • When the price is moving closer to the lower band, the market might be oversold 

Score

Let's take a look at the Bollinger Bands of The Connecticut Light and Power Company.

The Connecticut Light and Power Company Daily Bollinger Bands Chart
4.2 Average True Range (ATR)
Measures market volatility
  • Leading volatility indicator
  • Can be used to determine stop-loss positions
  • Calculated by:
    • Current high minus the current low
    • Current high minus the previous close
    • Current low minus the previous close
  • The larger the range of the candles, the greater the ATR value

Score

Let's take a look at the Average True Range (ATR) of The Connecticut Light and Power Company. The current atr is 0.17548187.

The Connecticut Light and Power Company Daily Average True Range (ATR) ChartThe Connecticut Light and Power Company Daily Average True Range (ATR) Chart

5. Volume Indicators

5.1 On-Balance Volume (OBV)

 Measures market volatility

  • Leading momentum indicator
  • Calculation:
    • If the closing price is above the previous closing price: OBV = previous OBV + current volume
    • If the closing price is below the previous closing price: OBV = previous OBV - current volume
    • If the closing price is the same as the previous closing price than the OBV is the same.
  • Can be used to confirm price trends
  • Can be used with divergences

Score

Let's take a look at the On-Balance Volume (OBV) of The Connecticut Light and Power Company. The current obv is -9,648.

The Connecticut Light and Power Company Daily On-Balance Volume (OBV) ChartThe Connecticut Light and Power Company Daily On-Balance Volume (OBV) Chart
5.2 Money Flow Index (MFI)

Measures the flow of money in and out of a security

  • Lagging momentum indicator
  • Looks like RSI but uses volume as an extra metric (RSI only considers price)
  • Above 80 is considered overbought
  • Below 20 is considered oversold
  • Can be used with divergences

Score

Let's take a look at the Money Flow Index (MFI) of The Connecticut Light and Power Company. The current mfi is 66.21.

The long score for the Money Flow Index (MFI) is 1/2.
The longshort score for the Money Flow Index (MFI) is 1/(-2 +2).

  • MFI > 50: +1
The Connecticut Light and Power Company Daily Money Flow Index (MFI) ChartThe Connecticut Light and Power Company Daily Money Flow Index (MFI) Chart

6. Summary

6.1. Notifications

TypeNotificationDate
PenkeCurrently no notifications for The Connecticut Light and Power Company.

6.2. Trading Signals

Below you will find trading signals as the indicator is commonly used. This doesn't mean you should use it that way. Learn from these, but don't use them blindly. I recommend using at least 4 indicators, 1 from each category: trend, momentum, volatility and volume.

DateIndicatorSignal
2023-10-31MFI LONG ENTRY SHORT CLOSE20 crossover to upside
2023-11-01RSI LONG ENTRY SHORT CLOSE30 crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2023-11-03STOCH LONG EXITThe %K line crosses below the %D line.
2023-11-06ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2023-11-07MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2023-11-08SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
2023-11-09STOCH LONG EXITThe %K line crosses below the %D line.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2023-11-14DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
RSI SHORT ENTRY LONG CLOSE70 crossover to downside
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2023-11-16MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
STOCH SHORT EXITThe %K line crosses above the %D line.
2023-11-20STOCH LONG EXITThe %K line crosses below the %D line.
MFI SHORT ENTRY LONG CLOSE80 crossover to downside
2023-11-27SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
2023-11-30DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
2023-12-01DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
STOCH SHORT EXITThe %K line crosses above the %D line.
2023-12-04MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
2023-12-05DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2023-12-07STOCH LONG EXITThe %K line crosses below the %D line.
2023-12-08CCI LONG ENTRY SHORT CLOSE100 crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2023-12-12BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
2023-12-13SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
2023-12-15BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2023-12-18DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
RSI SHORT ENTRY LONG CLOSE70 crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2023-12-20CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2023-12-21MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
2023-12-22MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2023-12-27WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2023-12-29STOCH LONG EXITThe %K line crosses below the %D line.
MFI SHORT ENTRY LONG CLOSE20 crossover to downside
2024-01-02DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-01-03STOCH SHORT EXITThe %K line crosses above the %D line.
2024-01-04WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
MFI LONG ENTRY SHORT CLOSE20 crossover to upside
2024-01-05MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-01-08SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
MFI SHORT ENTRY LONG CLOSE20 crossover to downside
2024-01-09MFI LONG ENTRY SHORT CLOSE20 crossover to upside
2024-01-10STOCH SHORT EXITThe %K line crosses above the %D line.
2024-01-11STOCH LONG EXITThe %K line crosses below the %D line.
2024-01-16WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-01-18STOCH SHORT EXITThe %K line crosses above the %D line.
2024-01-22STOCH LONG EXITThe %K line crosses below the %D line.
2024-01-30CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-01-31WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2024-02-01STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-02-07STOCH SHORT EXITThe %K line crosses above the %D line.
2024-02-08MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
2024-02-09STOCH LONG EXITThe %K line crosses below the %D line.
2024-02-21MFI SHORT ENTRY LONG CLOSE20 crossover to downside
2024-02-23DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
MFI LONG ENTRY SHORT CLOSE20 crossover to upside
2024-02-26RSI SHORT ENTRY LONG CLOSE70 crossover to downside
STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-02-28STOCH SHORT EXITThe %K line crosses above the %D line.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-03-04STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-03-05MFI SHORT ENTRY LONG CLOSE20 crossover to downside
2024-03-06MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
2024-03-07DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-03-11STOCH SHORT EXITThe %K line crosses above the %D line.
MFI LONG ENTRY SHORT CLOSE20 crossover to upside
2024-03-12DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
2024-03-13CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-03-15STOCH LONG EXITThe %K line crosses below the %D line.
2024-03-18MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-03-19STOCH LONG EXITThe %K line crosses below the %D line.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-03-21MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
STOCH SHORT EXITThe %K line crosses above the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-03-26STOCH LONG EXITThe %K line crosses below the %D line.

6.3. Candlestick Patterns

The Connecticut Light and Power Company Daily Candlestick Chart
DateCandlestick Pattern

6.4. Technical Score

Let's check the technical score of The Connecticut Light and Power Company based on Penke's default Symbol scanner.

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5048.199
Ma 20Greater thanMa 5052.006
Ma 50Greater thanMa 10051.939
Ma 100Greater thanMa 20051.831
OpenGreater thanClose51.900
Total2/5 (40.0%)
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