The best indicator for Eversource Energy (ES)
We backtested 20 indicators across daily, weekly and hourly charts on real Eversource Energy (ES) history. Here's what actually worked — risk-adjusted, out-of-sample, with costs.
EMA 20/50 Cross
On the weekly chart, this is the strongest risk-adjusted edge we found for Eversource Energy (ES) over ~53.5 years — trailing buy-and-hold by 0.5% CAGR.
The winner on each chart
Every indicator, ranked
Ranked by Sharpe (risk-adjusted return). Hypothetical, fees included.
| # | Indicator | TF | CAGR | Sharpe | Max DD | Win | Trades | vs B&H |
|---|---|---|---|---|---|---|---|---|
| 1 | EMA 20/50 Cross ✓ | Weekly | 6.2% | 0.44 | -46.8% | 58.8% | 17 | -0.5% |
| 2 | EMA 50/200 Cross ✓ | Daily | 5.3% | 0.39 | -57.9% | 45.2% | 31 | -1.3% |
| 3 | Bollinger Mean-Reversion ✓ | Weekly | 4.1% | 0.39 | -54.8% | 82.2% | 45 | -2.5% |
| 4 | Williams %R ✓ | Weekly | 4.0% | 0.36 | -38.0% | 82.8% | 64 | -2.6% |
| 5 | CCI ✓ | Weekly | 3.4% | 0.32 | -58.7% | 80.0% | 50 | -3.2% |
| 6 | WaveTrend (8/6/4) ✓ | Daily | 3.8% | 0.31 | -60.0% | 74.5% | 192 | -2.8% |
| 7 | SMA 50/200 Cross ✓ | Daily | 3.7% | 0.3 | -62.3% | 45.9% | 37 | -3.0% |
| 8 | Donchian Breakout ✓ | Daily | 3.3% | 0.3 | -44.6% | 46.7% | 195 | -3.3% |
| 9 | Holy Grail Confluence ✓ | Daily | 3.0% | 0.28 | -58.1% | 72.1% | 68 | -3.7% |
| 10 | Donchian Breakout ✓ | Weekly | 2.7% | 0.26 | -54.7% | 52.4% | 42 | -4.0% |
| 11 | EMA 20/50 Cross ✓ | Daily | 2.7% | 0.24 | -67.3% | 38.8% | 129 | -4.0% |
| 12 | RSI Mean-Reversion ✓ | Daily | 2.1% | 0.24 | -55.9% | 71.2% | 66 | -4.6% |
| 13 | Bollinger Breakout | Weekly | 2.2% | 0.24 | -54.6% | 51.9% | 54 | -4.5% |
| 14 | Stochastic ✓ | Daily | 2.1% | 0.21 | -64.3% | 65.7% | 239 | -4.6% |
✓ = held up out-of-sample. Hypothetical, costs included. See methodology.
For Eversource Energy (ES), EMA 20/50 Cross on the weekly timeframe gave the best balance of return and risk in our test. It still trailed buy-and-hold on raw return — but remember: this is a hypothetical backtest of a standard rule, not a recommendation. Markets change. See the methodology and disclaimer.
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