WEC ENERGY GROUP INC (WEC) Technical Analysis
NYSE:WEC • US92939U1060
Current stock price
WEC Technical Rating and Analysis
We assign a technical rating of 6 out of 10 to WEC. This is due to a decent performance in both the short and medium term time frames. Compared to the overall market, WEC is only an average performer.
- 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 near its 52 week high, which is a good sign. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
- WEC has an average volume of 1894770 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- When compared to the yearly performance of all other stocks, WEC outperforms 53% of them, which is more or less in line with the market.
- WEC is part of the Multi-Utilities industry. There are 26 other stocks in this industry, WEC did better than 60% 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
Although the technical rating is only medium, WEC does present a nice setup opportunity. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 117.95. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 117.50, a Stop Loss order could be placed below this zone. Very recently a Pocket Pivot signal was observed. This is another positive sign.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
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 117.50. 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.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 117.95 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 | 53.63 | NEUTRAL | WEC is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of WEC is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of WEC is above the rising 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) | 58.2 | NEUTRAL | The RSI value for WEC is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.05 | POSITIVE | The MACD value suggests WEC has a positive trend. |
| Stochastics (14,3) | 53.77 | NEUTRAL | The Stochastics value for WEC is a neutral value. |
| Average True Range in percent/ATR (20) | 1.67 | LOW VOLATILITY | The low ATR as a percentage value for WEC suggests low volalility. |
| Average Directional Index/ADX (14) | 9.36 | NEGATIVE | The low ADX value for WEC suggests a weak or negative trend. |
WEC Chart- and CandleStick Pattern Analysis
WEC Example Setup
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 118.79 | 113.02 | 5.77 (4.86%) | 20.59% |
| An entry @118.79. This is a Buy Stop order right above the resistance zone. | An exit @113.02. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 5.77 points, which is 4.86%. | When investing 20.59% of your capital in this trade, your total portfolio risk will be 1.00%. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
WEC Technicals: Chart, Performance Metrics, Trend & Indicators
NYSE:WEC (5/1/2026, 2:44:04 PM)
117.59
-0.35 (-0.3%)
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 6 / 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 58.2034. 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.