Eversource Energy

ES has decisively broken below a key horizontal support cluster on elevated volume, reinforcing a Stage 4 declining environment and a medium-term bearish bias. Short-term price is extended below declining EMAs and the 200DMA with an oversold RSI, favoring immediate sell participation. Execution should focus on continuation participation, targeting minor rallies back into the broken support zone as resistance. The long-term uptrend remains intact but is vulnerable if price fails to regain the 200DMA.

• ↑Q1 revenue rose 9.4% YoY to $4.50 B, reflecting grid investments.
• ↑GAAP EPS of $1.61 beat consensus $1.59, showing earnings resilience.
• ↓Analysts forecast Q2 EPS to decline 8.3% YoY to $0.92.