Talen Energy Corporation (TLN) Shares are Up 0.65%

Talen Energy Corporation (TLN) : Traders are bullish on Talen Energy Corporation (TLN) as it has outperformed the S&P 500 by a wide margin of 3.18% in the past 4 weeks. The bullishness in the stock continues even in the near-term as the stock has returned an impressive 0.12%, relative to the S&P 500. The stock has continued its bullish performance both in the near-term and the medium-term, as the stock is up 0.65% in the last 1 week, and is up 1.09% in the past 4 weeks. Buying continues as the stock moves higher, suggesting a strong appetite for the stock.

The stock has recorded a 20-day Moving Average of 0.83% and the 50-Day Moving Average is 1.38%.The 200 Day SMA reached 33.42% Talen Energy Corporation is up 2.28% in the last 3-month period. Year-to-Date the stock performance stands at 123.27%.


Company shares have received an average consensus rating of Hold for the current week Talen Energy Corporation (NYSE:TLN): The stock opened at $13.85 and touched an intraday high of $13.95 on Friday. During the day, the stock corrected to an intraday low of $13.82, however, the bulls stepped in and pushed the price higher to close in the green at $13.91 with a gain of 0.43% for the day. The total traded volume for the day was 4,418,319. The stock had closed at $13.91 in the previous trading session.

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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