Entergy Corp

ETR has decisively broken its multi-month support zone and is testing the rising trendline beneath the 200-day SMA, signaling a shift into a distribution phase. Medium-term bias is bearish, reinforced by a Support Failure pattern and alignment of shorter EMAs below the 50-day SMA. Short-term momentum is down, with price rejecting at resistance and RSI still room to the downside. Execution favors selling now on retests of the 105.50–106.00 area as prior support becomes resistance.

• ↑Adjusted EPS of $3.91 in 2025, on track for 8%+ annual growth to 2029.
• ↑Secured 7–12 GW of data-center contracts, driving 15% industrial sales growth.
• ↓$43 B capex over four years risks affordability and may pressure cash flows.