WEC ENERGY GROUP INC (WEC) Technical Analysis
NYSE:WEC • US92939U1060
Current stock price
WEC Technical Rating and Analysis
Overall WEC gets a technical rating of 4 out of 10. In the last year, WEC was a medium performer in the overall market. The medium term is still looking fine, but we see some doubts in the very recent evolution.
- The long term trend is positive and the short term trend is neutral. The long term trend gets the benefit of the doubt for now.
- WEC is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so WEC is lagging the market slightly.
- WEC has an average volume of 1898380 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- When comparing the performance of all stocks over the past year, WEC turns out to be only a medium performer in the overall market: it outperformed 50% of all stocks.
- WEC is part of the Multi-Utilities industry. There are 26 other stocks in this industry, WEC did better than 64% of them.
- In the last month WEC has a been trading in a tight range between 113.03 and 119.62.
WEC Weekly and Daily overview Charts
WEC Setup Rating and Analysis
WEC has only a medium technical rating, but it does show a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is a resistance zone just above the current price starting at 115.00. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 114.45, a Stop Loss order could be placed below this zone.
More info and screens
WEC Support and Resistance Analysis
102.45
We found 4 important support areas.
- A support zone ranging from 113.30 to 116.84. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 110.82 to 111.27. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @106.39 from a horizontal line in the daily time frame.
- A support zone ranging from 103.48 to 104.36. This zone is formed by a combination of multiple trend lines in multiple time frames.
We found 1 important resistance area.
- A resistance zone ranging from 117.50 to 118.78. This zone is formed by a combination of multiple trend lines in multiple time frames.
WEC Technical Indicator Signal Analysis
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | UP | POSITIVE | The long term trend for WEC is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for WEC is neutral. |
| ChartMill Relative Strength | 50 | NEUTRAL | WEC is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of WEC is above a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of WEC is above a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of WEC is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 46.83 | NEUTRAL | The RSI value for WEC is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.17 | NEGATIVE | The MACD value suggests WEC has a negative trend. |
| Stochastics (14,3) | 32.63 | NEUTRAL | The Stochastics value for WEC is a neutral value. |
| Average True Range in percent/ATR (20) | 1.63 | LOW VOLATILITY | The low ATR as a percentage value for WEC suggests low volalility. |
| Average Directional Index/ADX (14) | 8.44 | NEGATIVE | The low ADX value for WEC suggests a weak or negative trend. |
WEC Chart- and CandleStick Pattern Analysis
WEC Technicals: Chart, Performance Metrics, Trend & Indicators
NYSE:WEC (4/30/2026, 2:39:09 PM)
117.01
+2.5 (+2.18%)
WEC ENERGY GROUP INC / WEC TA FAQ
What is the ChartMill technical rating of WEC ENERGY GROUP INC (WEC) stock?
ChartMill assigns a technical rating of 4 / 10 to WEC.
What is the trend direction for WEC stock?
The current trend direction for WEC ENERGY GROUP INC (WEC) is Bullish.
Can you provide the RSI signal for WEC ENERGY GROUP INC?
WEC ENERGY GROUP INC (WEC) has an RSI value of 46.8318. This indicates that the stock is currently neutral.
What is the short term momentum for WEC ENERGY GROUP INC (WEC) stock?
The short term momentum for WEC ENERGY GROUP INC (WEC) is neutral.