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Constellation Energy Shares Rebound, Hit Intraday High After Key Trading Signal

Constellation Energy Corp (NASDAQ:CEG) experienced a significant Power Inflow alert, a key bullish indicator that is closely tracked by traders who value order flow analytics, specifically institutional and retail order flow data.
At 10:50 AM EST on October 9th, CEG triggered a Power Inflow signal at a price of $373.66. In the hour leading up to the Power Inflow signal, CEG price had seen a steep decrease in price leading up to the Power Inflow alert, eventually hitting a morning session low of $373.01. Following the alert, both the retail and buying interest in CEG increased, leading to a rise in the stock price, eventually reaching a post alert high of $378.17 as of 2:30PM EST. This Power Inflow signal is aimed to be a bullish indication of institutional and retail interest, spotlighting where traders may be entering the market for the stock.

Understanding the Power Inflow Signal
The Power Inflow alert is a proprietary signal developed and provided by TradePulse. The alert is issued within the first two hours of the trading day, it highlights when there is a significant shift in order flow, specifically indicating that there's been a strong trend towards buying activity. This suggests a high probability of bullish price movement for the rest of the day, making it a potentially strategic and opportune entry point for active traders.

Order flow analytics analyze real-time buying and selling trends by examining the volume, timing, and order size across both retail and institutional traders. These insights offer a more detailed understanding of price behavior and market sentiment for a stock, allowing the trader or institution to make the most informed decision possible.

CEG Intraday Performance
At the time of the Power Inflow, CEG was priced at $373.66. Following the signal:

• Intraday High As Of 2:30PM EST: $378.17 (+1.2%)

Today's Power Inflow alert on CEG is a great example of how real-time order flow analytics can reveal bullish momentum, especially during a period where the stock price appears to be weakening. CEG was trading near its daily low when the Power Inflow signal was given. Immediately after the alert, the stock had a sharp price increase, which was preceded by a positive jump in institutional and retail buying activity. These immediate gains that followed the Power Inflow alert on CEG highlight the value of order flow analytics in identifying bullish intraday activity along with a possible stock price reversal, offering traders a potentially advantageous buying opportunity.

This article is for informational purposes only and does not constitute financial advice, investment recommendations, or a solicitation to buy or sell securities. The analysis is based on stock order flow data, but accuracy is not guaranteed. Investing involves risk, including possible loss of principal, and past performance is not indicative of future results. Please consult a licensed financial advisor before making any investment decisions.

Benzinga Disclaimer: This article is from an unpaid external contributor. It does not represent Benzinga’s reporting and has not been edited for content or accuracy.

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