Talen Energy Corporation (TLN) Shares are Up 0.29%

Talen Energy Corporation (TLN) has been under a strong bear grip, hence the stock is down -0.02% when compared to the S&P 500 in the past 4 weeks. However, in the near-term, buying emerged at lower levels and the stock has outperformed the S&P 500 by 0.32% in the past 1 week. The stock has continued its bullish performance both in the near-term and the medium-term, as the stock is up 0.29% in the last 1 week, and is up 0.36% in the past 4 weeks. Buying continues as the stock moves higher, suggesting a strong appetite for the stock.

Talen Energy Corporation is up 10.17% in the last 3-month period. Year-to-Date the stock performance stands at 120.87%. The stock has recorded a 20-day Moving Average of 0.7% and the 50-Day Moving Average is 0.93%.


Talen Energy Corporation (NYSE:TLN): The stock opened at $13.75 on Friday but the bulls could not build on the opening and the stock topped out at $13.78 for the day. The stock traded down to $13.72 during the day, due to lack of any buying support eventually closed down at $13.76 with a loss of -0.07% for the day. The stock had closed at $13.77 on the previous day. The total traded volume was 814,752 shares.

Also, Equity Analysts at the Brokerage Firm, Barclays, downgrades their rating on the shares of Talen Energy Corporation (NYSE:TLN). Barclays has a Equal-weight rating on the shares. The rating by the firm was issued on June 17, 2016.

Talen Energy Corporation (Talen) is an energy and power generation company in the United States. The Company generates and sells electricity, capacity and related products from a fleet of power plants that uses various fuel sources, such as carbon-free nuclear, natural gas and coal. Its plants are located in PJM (Mid-Atlantic) and ERCOT (Texas), two of the power markets in the United States. The Company also operates approximately three combined-cycle, natural gas-fired power plants with over 2,500 megawatts of generating capacity to its fleet, which are located in New York, western Massachusetts and western Arizona. The Company provides energy and power for homes, and small and large businesses. Talen sells the output of its power plants to regional transmission organizations, independent system operators, utilities, cooperatives, municipalities and power marketers, as well as commercial and industrial, small business and residential customers.

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