CMS Energy Corporation (CMS)

CMS Energy Corporation is trading at $71.61, up 0.29% on the session. The 50 day average sits at $73.71 and the 200 day at $n/a, which puts the stock in a mixed technical position. RSI is at 42.3, which reads as weak, and MACD is bearish crossover. Volume is below average.

The nearest support is around $68.84 with resistance near $74.70, so that band frames the current range. Average daily movement is roughly $1.40, or about 1.9% of the share price, which is what any stop placement has to allow for. The overall health score of 44 out of 100 combines a trend score of 32, momentum of 28 and a risk score of 86.

CMS Energy Corporation operates as an energy company primarily in Michigan. The company operates through three segments: Electric Utility; Gas Utility; and NorthStar Clean Energy. The Electric Utility segment is involved in the generation, purchase, distribution, and sale of electricity. This segment generates electricity through coal, wind, gas, renewable energy, oil, and nuclear sources. Its distribution system comprises 263 miles of high-voltage distribution overhead lines; 4 miles of high-voltage distribution underground lines; 4,619 miles of high-voltage distribution overhead lines; 18 miles of high-voltage distribution underground lines; 82,854 miles of electric distribution overhead lines; 10,027 miles of underground distribution lines; and 1,102 substations. The Gas Utility segment engages in the purchase, transmission, storage, distribution, and sale of natural gas, which includes 2,337 miles of transmission lines; 14 gas storage fields; 28,433 miles of distribution mains; and 8 compressor stations. The NorthStar Clean Energy segment is involved in the independent power production and marketing, including the development and operation of renewable generation. The company serves 1.9 million electric and 1.8 million gas customers, including residential, commercial, and diversified industrial customers. The company was incorporated in 1987 and is headquartered in Jackson, Michigan.