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 and short term trends are both positive. This is looking good!
- WEC is currently trading near its 52 week high, which is a good sign. The S&P500 Index is trading in the upper part of its 52 week range, but not near new highs, so WEC is leading the market.
- In the last month WEC has a been trading in the 111.34 - 118.53 range, which is quite wide. It is currently trading near the high of this range.
- WEC has an average volume of 2352900 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 58% of all stocks.
- WEC is an average performer in the Multi-Utilities industry, it outperforms 60% of 26 stocks in the same industry.
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. 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 116.84. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 115.00, a Stop Loss order could be placed below this zone.
More info and screens
WEC Support and Resistance Analysis
101.84
4 important support areas can be observed.
- A support zone ranging from 113.11 to 116.84. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @111.27 from a horizontal line in the daily time frame.
- Support @109.43 from a trend line in the weekly time frame.
- A support zone ranging from 102.87 to 106.39. 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 117.35 to 117.90. 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 | UP | POSITIVE | The short term trend for WEC is up. |
| ChartMill Relative Strength | 58.3 | 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) | 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) | 56.89 | NEUTRAL | The RSI value for WEC is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests WEC has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 61.4 | NEUTRAL | The Stochastics value for WEC is a neutral value. |
| Average True Range in percent/ATR (20) | 1.79 | LOW VOLATILITY | The low ATR as a percentage value for WEC suggests low volalility. |
| Average Directional Index/ADX (14) | 17.17 | 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 |
|---|---|---|---|
| 117.91 | 113.10 | 4.81 (4.08%) | 24.51% |
| An entry @117.91. This is a Buy Stop order right above the resistance zone. | An exit @113.10. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 4.81 points, which is 4.08%. | When investing 24.51% 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 (4/2/2026, 3:28:53 PM)
117.1
+0.93 (+0.8%)
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 56.8901. 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 positive.
What is the buy/sell signal for WEC ENERGY GROUP INC (WEC) stock?
The buy/sell signal for WEC ENERGY GROUP INC (WEC) is buy as both the short term and long term trends are positive.