Energy & power

Constellation Energy (CEG)

$295.79 +0.6% on the day·−21.9% in a year·close Oct 13, 2026

In the Nasdaq-100.

Your signal

Hold42 / 100

Hold: 42 is between your Sell line (40) and Buy line (60). Trend (+4% vs 200-day) scores 55 and lifts it; Off the high (−26% from its 1-year high) scores 12 and holds it back.

Every factor in this score has a tested record: each was checked month by month since 2011 on numbers public at the time.

Factor you weight	CEG	Points	Weight	Adds
Plays in	54%	54	40	21.6
Off the high	−26% from its 1-year high	12	30	3.6
Trend	+4% vs 200-day	55	30	16.5

Email me when it flips

Your signal is the one call Be The Puck makes on a stock, and you set it: weight the plays, analysts, P/E, growth, debt, trend and more, and move the Buy and Sell lines. Every page follows your choice. How the score works

All 18 factors for CEG

Factor	CEG	Points	What it is
Plays in	54%	54	The share of the plays you count that hold it now.
Analysts' upside	+15% · 20 analysts	51	How far analysts' average 12-month target sits above the price (3+ analysts). −20% scores 0, +50% full marks; at most 50 while the price is below its 200-day average, since targets lag a falling price.
Analysts' rating	1.5 · buy	73	The analysts' average recommendation: strong buy scores 100, hold or worse 0.
P/E	28.8×	41	Price over the last four quarters' earnings per share. Lower ranks higher; a loss scores 0. Source: SEC filings to 2026-06-30.
Forward P/E	22.2×	25	Price over next year's expected earnings. Lower ranks higher; an expected loss scores 0. Source: Yahoo Finance.
PEG	3.74	12	P/E divided by expected earnings growth. Lower ranks higher; around 1 is often read as fair for the growth. Source: Yahoo Finance.
Price to sales	4.2×	44	Market value over the last 12 months' revenue. Lower ranks higher. Source: SEC filings to 2026-06-30.
Price to book	3.3×	44	Price over book value (assets minus debts) per share. Lower ranks higher. Source: SEC filings to 2026-06-30.
Dividend yield	0.2%	4	Dividends over the last year as a share of the price. Higher ranks higher; no dividend scores 0. Source: SEC filings to 2026-06-30.
Earnings growth	+7%	35	Earnings per share over the last four quarters against the four before (the latest quarter on a year earlier where filings aren't available). Higher ranks higher. Source: SEC filings to 2026-06-30.
Revenue growth	+20%	64	Revenue over the last four quarters against the four before (the latest quarter on a year earlier where filings aren't available). Higher ranks higher. Source: SEC filings to 2026-06-30.
Profit margin	14%	57	Net profit as a share of revenue. Higher ranks higher. Source: SEC filings to 2026-06-30.
Return on equity	11%	44	Profit as a share of shareholders' equity. Higher ranks higher. Source: SEC filings to 2026-06-30.
Debt to equity	0.77×	40	Debt against shareholders' equity. Lower ranks higher; negative equity scores 0. Source: SEC filings to 2026-06-30.
Off the high	−26% from its 1-year high	12	How far the price sits below its highest close of the last year: 100 points at the high, none at 30% or more below. The exit rule: a stock that keeps falling loses points whatever else it has going for it.
Trend	+4% vs 200-day	55	How far the price sits above its 200-day average. Higher ranks higher.
1-year momentum	−22%	15	The price change over the last 12 months. Higher ranks higher.
Low crash exposure	4/10 · moderate	60	The storm test: 100 for no exposure, 10 points off per point of exposure.

The read

Test a theory on CEG

54 of the 100 plays hold CEG right now.
The pattern plays mostly say out.
It closed 4% above its 200-day average and 26% below its 52-week high.
Crash exposure reads moderate: it moves about 1.5× its index and carries 1.7× as much debt as equity.
Analysts' average 12-month target is $341.53, 15% above the close (20 analysts).

This analysis does not constitute trading advice. Please meet with an advisor or independently review sources before making any decision. New to this? Start with the basics.

Plays in54 / 100Every play Be The Puck tests, in 7 families.

Crash exposureModerate4 of 10 on the storm test Mayer Multiple1.04×Price ÷ its 200-day average (+4%). Higher than on 30% of days since 2022. Above 2.4 is Mayer's overheated zone.

The most accurate play in each family

Each family's play whose calls went the right way most often, tested on 351 stocks since 2005, and what it says about CEG now.

Trend followingHoly GrailOUT42% of 12,813 calls rightOn CEG: right 8 of 18 · Out since Jul 30, 2025 Breakouts & channelsP&F Double TopIN37% of 36,314 calls rightOn CEG: right 12 of 42 · In since Oct 6, 2026 Momentum12-1 MomentumOUT44% of 8,156 calls rightOn CEG: right 1 of 1 · Out since Jun 30, 2026 Mean reversionBollinger ReversionOUT64% of 53,095 calls rightOn CEG: right 21 of 32 · Out since Jul 13, 2026 Volume & money flowMoney Flow IndexOUT59% of 13,925 calls rightOn CEG: right 6 of 10 · Out since Mar 3, 2026 Candles & chart patternsEngulfing SwitchOUT50% of 38,976 calls rightOn CEG: right 13 of 26 · Out since Aug 17, 2026 CalendarHalloween IndicatorOUT54% of 12,345 calls rightOn CEG: right 2 of 9 · Out since Apr 30, 2026

A call is right when the stock rose after an in call or fell after an out call. Trend plays are built to take many small losses for a few big wins, so their hit rates run lower; being right often isn't the same as making the most money. How we test a play.

CEG, day by day

How to read candlesticks

Each candle is one trading day: the box spans the open and close, the thin line the day's high and low. Hollow boxes closed up, filled boxes closed down. Toggle the averages to see the trend the plays read. Dots above the candles mark news and company filings: hover or tap one to see the story and how the stock moved from the last close before it, against the market on the same days.

What moved CEG lately

Its 3 biggest moves against the S&P 500 in the last 30 sessions, the news read on each, and how reliably that kind of news has moved stocks before. How it's measured

Tue Oct 6+11.7% against the S&P 5005.2× a normal day

CEG +12.2%, the S&P 500 +0.6% that session; +9.4% against the S&P 500 over five sessions.

HeadlineInvesting.com · Oct 6, 8:39 am ET
Constellation Energy stock outlook analysis after 20 year nuclear deal with Google
HeadlineInvestopedia · Oct 6, 8:32 am ET
Constellation Energy Stock Jumps on 20-Year Power Deal With Google
HeadlineCNBC · Oct 6, 7:50 am ET
Stocks making the biggest moves premarket: Constellation Energy, Option Care Health, Lennar, P&G and more

Mon Sep 14−6.6% against the S&P 5003.0× a normal day

CEG −7.1%, the S&P 500 −0.5% that session; −10.5% against the S&P 500 over five sessions.

No earnings report, rating change, 8-K filing or news story on CEG was found for this session. Be The Puck's headline archive for CEG starts Oct 1, so news stories from that day aren't in it. The S&P 500 moved −0.5%. The 58 other Energy & power stocks Be The Puck covers moved −0.4% on average, so most of the move was its own.

Fri Sep 4+5.3% against the S&P 5002.4× a normal day

CEG +4.9%, the S&P 500 −0.4% that session; +1.1% against the S&P 500 over five sessions.

No earnings report, rating change, 8-K filing or news story on CEG was found for this session. Be The Puck's headline archive for CEG starts Oct 1, so news stories from that day aren't in it. The S&P 500 moved −0.4%. The 58 other Energy & power stocks Be The Puck covers moved +0.2% on average, so most of the move was its own.

Next earnings report

Mon Nov 9, 2026 before the open

From Yahoo Finance's calendar; dates can move. Analysts expect earnings per share of 3.75.

Over its last 12 reports, CEG's typical move against the S&P 500 at the first close after the report was ±4.4% (median size, either way); it finished ahead of the index 8 times.
CEG after beats of 5% or more: ahead of its index at the first close after the report 5 of 8 times (median +1.4%).
CEG after misses of any size: behind its index at the first close after the report 1 of 7 times (median +3.4%).
Across all covered stocks, beats of 5% or more were followed by a gain against the index 64% of the time and misses by a drop 62% of the time.

Whether a report beats is only known once it is out, so these say how the stock has reacted, not which way it will go.

Two years of calls, week by week

InOutShare of plays in

One row per play, grouped by family. When most rows turn green at once, the trend is broad. When they split, the plays disagree and the stock is usually chopping sideways.

Every play on CEG

All 100 plays, by family.

Trend following19 of 30 in Breakouts & channels8 of 15 in Momentum9 of 17 in Mean reversion7 of 15 in Volume & money flow6 of 9 in Candles & chart patterns0 of 3 in Calendar5 of 11 in

Calls right: how often the play's calls on CEG went the right way since 2005. Record columns: play / buy and hold, annual return and worst drawdown since 2022. Click a column to sort.Sort with the menu above the list.

Play	Call	Since	Next move	Calls right	Annual return	Worst drawdown
Trend following
PB EMABitcoin Playboy · daily	IN	Oct 5, 2026 +10.5%	Exit below $278.61 (−5.8%)	24% 31/127	+28.6% / +48.3%	−42.6% / −50.7%
Bull Market Support BandBenjamin Cowen · weekly	IN	Oct 9, 2026 −0.8%	Exit below $267.46 (−9.6%)	31% 5/16	+20.7% / +35.3%	−28.8% / −50.7%
Ripster EMA CloudRipster · daily	IN	Oct 6, 2026 −1.5%	Exit below $274.55 (−7.2%)	20% 14/69	+25.0% / +49.2%	−53.7% / −50.7%
Trend TemplateMark Minervini · daily	OUT	Jan 5, 2026 −16.3%	Not on one close	15% 9/60	+10.2% / +42.0%	−36.9% / −50.7%
Stage AnalysisStan Weinstein · weekly	OUT	Sep 18, 2026 +16.1%	Enter above $409.20 (+38.3%)	31% 4/13	+17.6% / +35.4%	−31.0% / −50.7%
Stage 2 + Mansfield RSStan Weinstein · weekly	OUT	Jan 9, 2026 −13.3%	Enter above $329.47 (+11.4%)	40% 6/15	+32.0% / +41.6%	−30.7% / −50.7%
10-Month SMAMeb Faber · month-end	OUT	Jan 30, 2026 +5.9%	Enter above $280.52 (−5.2%)	20% 1/5	+16.8% / +34.4%	−46.3% / −50.7%
200-Day RulePaul Tudor Jones · daily	IN	Oct 9, 2026 −0.8%	Exit below $284.41 (−3.8%)	17% 3/18	+27.1% / +34.9%	−33.2% / −50.7%
Golden CrossMarket tradition · daily	OUT	Feb 13, 2026 +3.0%	Enter above $891.41 (+201.4%)	20% 1/5	+16.3% / +34.9%	−51.9% / −50.7%
Granville 200-DayJoseph E. Granville · daily	OUT	Mar 6, 2026 −6.9%	Not on one close	15% 2/13	+30.2% / +36.6%	−33.2% / −50.7%
Hull Moving AverageAlan Hull · weekly	OUT	Sep 25, 2026 +12.4%	Enter above $276.28 (−6.6%)	34% 10/29	+11.2% / +42.2%	−51.5% / −50.7%
Kaufman Adaptive MAPerry J. Kaufman · daily	IN	Oct 5, 2026 +10.5%	Exit below $280.25 (−5.3%)	20% 37/188	+9.9% / +49.6%	−46.8% / −50.7%
TEMA CrossoverPatrick G. Mulloy · daily	IN	Oct 7, 2026 −1.3%	Exit below $228.63 (−22.7%)	38% 18/48	+24.5% / +37.3%	−36.9% / −50.7%
Seykota 15/150Ed Seykota · daily	OUT	May 14, 2026 +7.8%	Enter above $393.70 (+33.1%)	29% 2/7	+27.9% / +46.9%	−51.3% / −50.7%
Guppy Multiple MAsDaryl Guppy · daily	IN	Oct 7, 2026 −1.3%	Exit below $233.80 (−21.0%)	40% 10/25	+26.8% / +48.2%	−44.1% / −50.7%
Ichimoku CloudGoichi Hosoda · daily	IN	Oct 13, 2026 0.0%	Exit below $267.04 (−9.7%)	24% 8/33	+11.8% / +46.3%	−49.7% / −50.7%
SupertrendOlivier Seban · daily	IN	Oct 6, 2026 −1.5%	Exit below $257.41 (−13.0%)	38% 12/32	+28.3% / +51.3%	−42.1% / −50.7%
Williams AlligatorBill Williams · daily	IN	Oct 13, 2026 0.0%	Not on one close	30% 20/66	+9.7% / +51.3%	−45.2% / −50.7%
Vortex IndicatorEtienne Botes & Douglas Siepman · daily	IN	Oct 5, 2026 +10.5%	Exit below $266.16 (−10.0%)	38% 46/120	+34.7% / +49.5%	−32.5% / −50.7%
AroonTushar S. Chande · daily	IN	Oct 6, 2026 −1.5%	Exit below $247.20 (−16.4%)	38% 18/48	+32.9% / +52.4%	−33.4% / −50.7%
Parabolic SARJ. Welles Wilder Jr. · daily	IN	Oct 1, 2026 +14.2%	Exit below $267.59 (−9.5%)	38% 39/104	+9.1% / +45.4%	−48.0% / −50.7%
ADX TrendJ. Welles Wilder Jr. · daily	OUT	Mar 11, 2026 −1.3%	Enter above $351.43 (+18.8%)	30% 11/37	+16.7% / +49.8%	−31.9% / −50.7%
MACD Zero LineGerald Appel · daily	IN	Oct 7, 2026 −1.3%	Exit below $213.58 (−27.8%)	29% 11/38	+17.3% / +42.3%	−47.5% / −50.7%
Zweig 4% ModelMartin Zweig · weekly	IN	Oct 9, 2026 −0.8%	Exit below $286.15 (−3.3%)	36% 20/55	+30.6% / +52.7%	−44.6% / −50.7%
MAMA/FAMA CrossJohn F. Ehlers · daily	IN	Oct 6, 2026 −1.5%	Not on one close	30% 13/44	+16.8% / +42.3%	−41.7% / −50.7%
Schaff Trend CycleDoug Schaff · daily	IN	Oct 6, 2026 −1.5%	Not on one close	36% 15/42	+9.7% / +37.3%	−48.5% / −50.7%
Zero Lag EC CrossJohn F. Ehlers & Ric Way · daily	IN	Oct 7, 2026 −1.3%	Exit below $217.07 (−26.6%)	30% 11/37	+24.5% / +49.2%	−46.1% / −50.7%
DP Trend ModelCarl Swenlin & Erin Swenlin · daily	IN	Oct 7, 2026 −1.3%	Exit below $203.63 (−31.2%)	32% 7/22	+24.8% / +49.2%	−41.2% / −50.7%
Elder Triple ScreenAlexander Elder · daily	OUT	Sep 11, 2026 +3.9%	Not on one close	38% 13/34	+12.9% / +37.8%	−27.0% / −50.7%
Holy GrailLinda Bradford Raschke & Larry Connors · daily	OUT	Jul 30, 2025 −13.7%	Not on one close	44% 8/18	+2.3% / +42.3%	−19.3% / −50.7%
Breakouts & channels
Four-Week RuleRichard Donchian · daily	OUT	Sep 14, 2026 +11.8%	Enter above $309.80 (+4.7%)	33% 8/24	+23.9% / +51.3%	−41.3% / −50.7%
Turtle System 1Richard Dennis & William Eckhardt · daily	OUT	Sep 14, 2026 +11.8%	Enter above $309.80 (+4.7%)	34% 10/29	+18.2% / +41.7%	−30.9% / −50.7%
Turtle System 2Richard Dennis & William Eckhardt · daily	OUT	Sep 14, 2026 +11.8%	Enter above $309.80 (+4.7%)	35% 6/17	+13.9% / +41.7%	−35.4% / −50.7%
Clenow TrendAndreas F. Clenow · daily	OUT	Oct 22, 2025 −15.0%	Enter above $340.04 (+15.0%)	25% 4/16	+21.4% / +49.2%	−29.1% / −50.7%
Darvas BoxNicolas Darvas · daily	IN	Aug 27, 2026 +4.7%	Exit below $250.55 (−15.3%)	53% 9/17	+37.0% / +51.3%	−28.1% / −50.7%
Keltner ChannelChester W. Keltner & Linda Bradford Raschke · daily	IN	Oct 6, 2026 −1.5%	Exit below $278.94 (−5.7%)	37% 13/35	+25.7% / +49.6%	−20.9% / −50.7%
Bollinger BreakoutJohn Bollinger · daily	IN	Oct 6, 2026 −1.5%	Exit below $271.98 (−8.0%)	36% 16/45	+22.8% / +49.9%	−38.6% / −50.7%
Chandelier ExitChuck LeBeau · daily	IN	Oct 6, 2026 −1.5%	Exit below $271.59 (−8.2%)	31% 16/51	+15.0% / +52.7%	−44.4% / −50.7%
Wilder Volatility SystemJ. Welles Wilder Jr. · daily	IN	Oct 6, 2026 −1.5%	Exit below $252.96 (−14.5%)	32% 13/41	+19.8% / +51.3%	−55.2% / −50.7%
P&F Double TopA.W. Cohen & Thomas J. Dorsey · daily	IN	Oct 6, 2026 −1.5%	Exit below $276.98 (−6.4%)	29% 12/42	+10.4% / +45.4%	−55.2% / −50.7%
Chande Kroll StopTushar S. Chande & Stanley Kroll · daily	IN	Oct 6, 2026 −1.5%	Exit below $275.33 (−6.9%)	26% 19/74	+21.6% / +48.7%	−50.8% / −50.7%
Acceleration BandsPrice Headley · daily	OUT	Oct 8, 2026 +3.8%	Not on one close	31% 11/36	+10.0% / +51.3%	−20.9% / −50.7%
TTM SqueezeJohn F. Carter · daily	OUT	Sep 11, 2026 +3.9%	Not on one close	40% 12/30	+4.1% / +49.6%	−30.9% / −50.7%
NR7 BreakoutToby Crabel · daily	IN	Oct 5, 2026 +10.5%	Exit below $290.40 (−1.8%)	36% 48/132	+36.4% / +45.7%	−31.4% / −50.7%
Bollinger SqueezeJohn Bollinger · daily	OUT	Sep 14, 2026 +11.8%	Not on one close	30% 3/10	+3.4% / +37.6%	−11.6% / −50.7%
Momentum
12-Month MomentumMoskowitz, Ooi & Pedersen · month-end	OUT	May 29, 2026 +3.0%	Enter above $388.74 (+31.4%)	33% 1/3	+34.7% / +41.3%	−50.7% / −50.7%
12-1 MomentumNarasimhan Jegadeesh & Sheridan Titman · month-end	OUT	Jun 30, 2026 +19.3%	Not on one close	100% 1/1	+35.1% / +41.3%	−50.7% / −50.7%
Dual MomentumGary Antonacci · month-end	OUT	May 29, 2026 +3.0%	Enter above $432.26 (+46.1%)	33% 1/3	+34.7% / +41.3%	−50.7% / −50.7%
Stocks on the MoveAndreas F. Clenow · daily	IN	Oct 5, 2026 +10.5%	Exit below $268.63 (−9.2%)	26% 5/19	+11.5% / +48.5%	−27.5% / −50.7%
52-Week HighThomas J. George & Chuan-Yang Hwang · month-end	OUT	Jan 30, 2026 +5.9%	Enter above $358.08 (+21.1%)	17% 1/6	+11.4% / +41.8%	−41.0% / −50.7%
Levy Relative StrengthRobert A. Levy · weekly	IN	Oct 9, 2026 −0.8%	Exit below $285.87 (−3.4%)	24% 6/25	+19.4% / +50.4%	−36.1% / −50.7%
MACD Signal CrossGerald Appel · daily	IN	Oct 6, 2026 −1.5%	Exit below $239.05 (−19.2%)	28% 25/88	+15.7% / +42.3%	−43.5% / −50.7%
Elder ImpulseAlexander Elder · daily	IN	Oct 5, 2026 +10.5%	Exit below $282.54 (−4.5%)	30% 48/159	+16.8% / +42.3%	−44.4% / −50.7%
Know Sure ThingMartin J. Pring · daily	IN	Oct 7, 2026 −1.3%	Exit below $116.86 (−60.5%)	35% 22/62	+15.2% / +44.2%	−36.0% / −50.7%
Coppock CurveEdwin S. C. Coppock · month-end	OUT	Jan 31, 2024 +146.6%	Enter above $354.80 (+19.9%)	–	+4.3% / +37.7%	0.0% / −50.7%
CCI +100Donald R. Lambert · daily	IN	Oct 6, 2026 −1.5%	Exit below $296.69 (+0.3%)	30% 36/121	+16.0% / +51.3%	−35.9% / −50.7%
TRIX Signal CrossJack K. Hutson · daily	IN	Oct 8, 2026 +3.8%	Not on one close	42% 20/48	+29.5% / +49.2%	−30.2% / −50.7%
TSI Zero LineWilliam Blau · daily	IN	Oct 7, 2026 −1.3%	Exit below $212.74 (−28.1%)	33% 12/36	+27.9% / +49.2%	−45.7% / −50.7%
13612W MomentumWouter J. Keller & Jan Willem Keuning · month-end	OUT	May 29, 2026 +3.0%	Enter above $265.49 (−10.2%)	20% 3/15	+18.4% / +41.3%	−50.6% / −50.7%
Market-State MomentumMichael J. Cooper, Roberto C. Gutierrez Jr. & Allaudeen Hameed · month-end	OUT	Jun 30, 2026 +19.3%	Not on one close	0% 0/1	−10.7% / −1.5%	−47.4% / −47.4%
Frog in the PanZhi Da, Umit G. Gurun & Mitch Warachka · daily	OUT	May 29, 2026 +3.0%	Not on one close	100% 1/1	+40.7% / +41.3%	−50.7% / −50.7%
PMO Signal CrossCarl Swenlin · daily	IN	Oct 6, 2026 −1.5%	Exit below $215.75 (−27.1%)	36% 20/56	+16.6% / +37.3%	−42.2% / −50.7%
Mean reversion
RSI 30/70J. Welles Wilder Jr. · daily	IN	Feb 6, 2026 +13.6%	Not on one close	71% 5/7	+21.0% / +49.8%	−28.6% / −50.7%
RSI(2) PullbackLarry Connors & Cesar Alvarez · daily	OUT	Jan 15, 2026 −12.9%	Not on one close	71% 51/72	+19.7% / +34.9%	−28.8% / −50.7%
Double 7sLarry Connors & Cesar Alvarez · daily	OUT	Feb 11, 2026 +7.3%	Not on one close	62% 45/72	+4.6% / +34.9%	−35.2% / −50.7%
Bollinger ReversionJohn Bollinger · daily	OUT	Jul 13, 2026 +15.0%	Buy below $233.85 (−20.9%)	66% 21/32	+17.9% / +49.9%	−27.9% / −50.7%
Stochastic 20/80George C. Lane · daily	IN	Sep 18, 2026 +16.1%	Not on one close	58% 19/33	+15.6% / +49.3%	−36.4% / −50.7%
Williams %RLarry Williams · daily	OUT	Oct 8, 2026 +3.8%	Not on one close	69% 43/62	+33.1% / +49.5%	−40.8% / −50.7%
DeMark 9-CountTom DeMark · daily	IN	Jun 10, 2026 +22.3%	Not on one close	55% 6/11	+11.7% / +50.1%	−34.7% / −50.7%
Mayer MultipleTrace Mayer · daily	IN	Nov 2, 2022 +227.6%	Sell above $687.42 (+132.4%)	–	+34.9% / +34.9%	−50.7% / −50.7%
ConnorsRSI PullbackLarry Connors & Cesar Alvarez & Matt Radtke · daily	OUT	Feb 6, 2026 +13.6%	Not on one close	50% 5/10	+10.4% / +37.3%	−8.8% / −50.7%
Laguerre RSIJohn F. Ehlers · daily	IN	Sep 29, 2026 +11.8%	Exit below $280.55 (−5.2%)	43% 33/77	+18.9% / +49.6%	−50.1% / −50.7%
StochRSI 20/80Tushar S. Chande & Stanley Kroll · daily	OUT	Oct 8, 2026 +3.8%	Not on one close	60% 54/90	+42.6% / +49.6%	−37.2% / −50.7%
IBS ReversionAlexander S. Pagonidis · daily	OUT	Oct 9, 2026 −0.8%	Buy below $295.79 (0.0%)	56% 214/380	+7.8% / +50.4%	−30.7% / −50.7%
Connors %bLarry Connors & Cesar Alvarez · daily	OUT	Feb 17, 2026 −1.9%	Not on one close	58% 14/24	+11.8% / +34.9%	−36.6% / −50.7%
Fisher TransformJohn F. Ehlers · daily	IN	Oct 5, 2026 +10.5%	Exit below $287.14 (−2.9%)	42% 88/212	+33.9% / +42.3%	−41.9% / −50.7%
1-Month ReversalNarasimhan Jegadeesh & Bruce N. Lehmann · month-end	IN	Sep 30, 2026 +16.4%	Sell above $259.14 (−12.4%)	50% 11/22	+7.5% / +49.8%	−43.0% / −50.7%
Volume & money flow
On-Balance VolumeJoseph E. Granville · daily	IN	Oct 5, 2026 +10.5%	Exit below $295.79 (0.0%)	24% 41/174	+23.1% / +49.9%	−40.5% / −50.7%
Chaikin Money FlowMarc Chaikin · daily	OUT	Mar 30, 2026 −0.6%	Enter above $295.79 (+0.0%)	38% 13/34	+17.1% / +51.3%	−48.4% / −50.7%
Money Flow IndexGene Quong & Avrum Soudack · daily	OUT	Mar 3, 2026 −8.5%	Not on one close	60% 6/10	+30.6% / +49.8%	−38.8% / −50.7%
Negative Volume IndexNorman Fosback & Paul Dysart · daily	IN	Jan 25, 2023 +265.1%	Not on one close	–	+40.9% / +40.9%	−50.7% / −50.7%
Force IndexAlexander Elder · daily	IN	Oct 5, 2026 +10.5%	Exit below $257.94 (−12.8%)	24% 36/151	+17.4% / +51.0%	−48.9% / −50.7%
Buff AveragesBuff Dormeier · daily	IN	Oct 6, 2026 −1.5%	Exit below $203.37 (−31.2%)	34% 26/77	+25.8% / +49.9%	−37.0% / −50.7%
Chaikin OscillatorMarc Chaikin · daily	IN	Oct 7, 2026 −1.3%	Not on one close	35% 43/123	+28.6% / +51.3%	−34.5% / −50.7%
Volume Flow IndicatorMarkos Katsanos · daily	OUT	Aug 18, 2026 +10.9%	Not on one close	32% 8/25	+22.0% / +41.3%	−35.6% / −50.7%
Klinger OscillatorStephen J. Klinger · daily	IN	Oct 9, 2026 −0.8%	Sell $246.96–$292.31 (−1.2%)	41% 73/177	+37.0% / +48.0%	−39.2% / −50.7%
Candles & chart patterns
Engulfing SwitchSteve Nison & Thomas N. Bulkowski · daily	OUT	Aug 17, 2026 +6.5%	Not on one close	50% 13/26	+8.0% / +49.5%	−37.8% / −50.7%
HikkakeDaniel L. Chesler · daily	OUT	Jun 5, 2026 +16.3%	Not on one close	35% 9/26	+15.6% / +52.9%	−41.8% / −50.7%
Turtle Soup Plus OneLinda Bradford Raschke & Larry Connors · daily	OUT	Mar 31, 2026 +6.3%	Not on one close	33% 2/6	+4.1% / +51.2%	−13.0% / −50.7%
Calendar
Halloween IndicatorSven Bouman & Ben Jacobsen & Yale Hirsch & Jeffrey Hirsch · daily	OUT	Apr 30, 2026 −5.2%	Buys Oct 30	22% 2/9	+7.5% / +50.4%	−56.9% / −50.7%
Best Six + MACDYale Hirsch & Jeffrey Hirsch · daily	IN	Oct 5, 2026 +10.5%	Window opens Apr 1	22% 2/9	+2.0% / +42.3%	−64.6% / −50.7%
Seasonal TimingSy Harding · daily	OUT	May 12, 2026 +1.1%	Window opens Oct 16	33% 3/9	+10.4% / +42.3%	−50.7% / −50.7%
Santa Claus RallyYale Hirsch & Jeffrey Hirsch · daily	OUT	Jan 5, 2026 −16.3%	Buys Dec 23	12% 1/8	+4.2% / +50.4%	−7.0% / −50.7%
Turn of the MonthJosef Lakonishok & Seymour Smidt & Robert A. Ariel · daily	OUT	Oct 5, 2026 +10.5%	Buys Oct 29	47% 54/114	+6.0% / +50.4%	−37.2% / −50.7%
Presidential Sweet SpotYale Hirsch & Jeffrey Hirsch · daily	IN	Sep 30, 2026 +16.4%	Sells Jun 30	33% 1/3	+9.1% / +50.4%	−24.2% / −50.7%
Pre-HolidayRobert A. Ariel & Josef Lakonishok & Seymour Smidt · daily	OUT	Sep 4, 2026 −1.1%	Buys Nov 24	55% 51/92	+7.1% / +50.4%	−10.8% / −50.7%
January BarometerYale Hirsch & Jeffrey Hirsch · month-end	IN	Dec 30, 2022 +253.2%	Not on one close	–	+41.8% / +41.8%	−50.7% / −50.7%
Weekend EffectKenneth French & Josef Lakonishok & Seymour Smidt · daily	IN	Oct 12, 2026 +0.6%	Sells Oct 16	47% 231/493	+48.4% / +50.4%	−43.1% / −50.7%
Pre-FOMC DriftDavid Lucca & Emanuel Moench · daily	OUT	Sep 16, 2026 +14.0%	Buys Oct 27	47% 36/76	+11.1% / +50.4%	−4.8% / −50.7%
Lunar CycleKathy Yuan, Lu Zheng & Qiaoqiao Zhu · daily	IN	Oct 2, 2026 +14.9%	Sells Oct 16	48% 56/117	+16.3% / +50.4%	−59.2% / −50.7%
Benchmark
Buy & HoldJohn C. Bogle · benchmark	IN	Jan 19, 2022	Always in	–	+52.6%	−50.7%

If the market cracks: the storm test

How the storm test works

ExposureModerate4 of 10 points

Market swings3/3
Past crashes0/2
Debt1/3
Run-up0/2

It moves about 1.5× its index.
It carries 1.7× as much debt as equity.

Past crashes, peak to low

Too young to have lived through a market crash, so there is no crash record to read.

Beta1.51Moves about 1.5× as much as the S&P 500 week to week.
Downside capture225%In months the S&P 500 fell, this fell 225% as much on average.
Two-year change+12%
From 52-week high−26%
Debt to equity1.70×
Net debt / EBITDA3.0×Years of operating cash earnings it would take to pay off its debt.
Interest cover7.9×

A crash marks every stock down; debt decides which companies come through. The storm test scores both halves: how hard the stock swings with the market, and how much debt it carries into a downturn. It describes fragility; it does not predict a crash.

The business behind the price

How to judge these numbers

Utilities - Independent Power Producers · Constellation Energy Corporation produces and sells energy products and services in the United States. The company operates through five segments: Mid-Atlantic, Midwest, New York, ERCOT, and Other Power Regions. It offers electricity, natural gas, energy-related products, and sustainable solutions. The company has approximately 31,676 megawatts of generating capacity consisting of nuclear, wind, solar, natural gas, and hydroelectric assets.

Size and valuation
Market cap	$105B	What the whole company is worth at today's price: share price × shares outstanding.
Revenue (last 12 months)	$31.3B	Total sales. The market values it at 3.4× sales.
P/E ratio	28.8×	Buyers pay $29 for each $1 of the last year's profit.
Forward P/E	22.2×	Price against analysts' estimate of next year's profit. Lower than the P/E means profit is expected to grow.
Price to book	3.3×	Price against the company's net assets (its equity) per share.

Profit and growth
Profit margin	14.0%	Keeps 14¢ of each dollar of sales as profit.
Revenue growth	+20.5%	The last four quarters' sales against the four before.
Earnings growth	+7.1%	Same comparison for profit.
Return on equity	10.8%	Yearly profit as a share of shareholders' money in the business.
Free cash flow	−$6.6B	Burning cash: needs savings or new money to keep going.

Balance sheet
Total equity	$14.5B	What it owns minus what it owes.
Total debt	$24.7B	Loans and bonds it has to pay back, with interest.
Cash	$697M	Cash and short-term investments on hand.
Debt to equity	1.70×	Above about 1.5× is heavily borrowed; above 3× is fragile in a downturn.
Interest cover	7.9×	Interest is easily paid from profit.

Wall Street
Average analyst target	$341.53	15% above the close, from 20 analysts (range $290.00 to $395.00).
Consensus rating	Buy	Analysts' average recommendation. Ratings lean positive: sell ratings are rare.
Dividend yield	0.16%	Yearly dividends as a share of the price.

P/E, price to sales and book, growth, margin and return on equity from the company's SEC filings for the quarter to 2026-06-30; other company figures from Yahoo Finance, fetched Oct 14, 2026. Analyst targets are opinions, not forecasts Be The Puck checks.

Reports for Be The Puck Members.

CEG: the briefWhat the plays, the levels and the business say, in plain English. Rebuilt nightly.Members Energy & power: what the plays sayEvery covered name in the sector, side by side.Members Debt decides who survives a crashThe storm test on every covered stock.Members Is this a bubble?The gauges in October 2026, and what history says about timing.Members

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