XCEL ENERGY INC (XEL) Technical Analysis
NASDAQ:XEL • US98389B1008
Current stock price
XEL Technical Rating and Analysis
Taking everything into account, XEL scores 3 out of 10 in our technical rating. XEL has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.
- XEL 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 XEL is lagging the market slightly.
- In the last month XEL has a been trading in the 77.35 - 83.18 range, which is quite wide. It is currently trading in the middle of this range where prices have been consolidating recently, this may present a good entry opportunity, but some resistance may be present above.
- XEL has an average volume of 4534510 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- The short term trend is negative, the long term trend is neutral. Not much exciting going on here.
- When compared to the yearly performance of all other stocks, XEL outperforms 57% of them, which is more or less in line with the market.
- XEL is an average performer in the Electric Utilities industry, it outperforms 56% of 47 stocks in the same industry.
XEL Weekly and Daily overview Charts
XEL Setup Rating and Analysis
Although the technical rating is bad, XEL does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is a support zone below the current price at 78.23, a Stop Loss order could be placed below this zone.
More info and screens
XEL Support and Resistance Analysis
70.43
When analyzing the support we can see 3 important areas.
- A support zone ranging from 77.40 to 78.23. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 75.01 to 75.07. This zone is formed by a combination of multiple trend lines in the daily time frame.
- A support zone ranging from 71.14 to 73.06. 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 79.71 to 83.91. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
XEL 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 | NEUTRAL | NEUTRAL | The long term trend for XEL is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for XEL is down. |
| ChartMill Relative Strength | 57.47 | NEUTRAL | XEL is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of XEL is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of XEL is below the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of XEL is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 46.42 | NEUTRAL | The RSI value for XEL is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.18 | NEGATIVE | The MACD value suggests XEL has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 26.82 | NEUTRAL | The Stochastics value for XEL is a neutral value. |
| Average True Range in percent/ATR (20) | 2.02 | MEDIUM VOLATILITY | The ATR as a percentage value for XEL suggests some volalility. |
| Average Directional Index/ADX (14) | 16.19 | NEGATIVE | The low ADX value for XEL suggests a weak or negative trend. |
XEL Chart- and CandleStick Pattern Analysis
XEL Technicals: Chart, Performance Metrics, Trend & Indicators
79.15
-0.33 (-0.42%)
XCEL ENERGY INC / XEL TA FAQ
Can you provide the ChartMill technical rating for XCEL ENERGY INC?
ChartMill assigns a technical rating of 3 / 10 to XEL.
What is the trend direction for XEL stock?
The current trend direction for XCEL ENERGY INC (XEL) is Bearish.
Can you provide the RSI signal for XCEL ENERGY INC?
XCEL ENERGY INC (XEL) has an RSI value of 46.4237. This indicates that the stock is currently neutral.
Can you provide the MACD signal for XCEL ENERGY INC?
The MACD indicator for XCEL ENERGY INC (XEL) has a value of -0.180329, indicating a bearish trend.
Can you provide the short term momentum for XCEL ENERGY INC?
The short term momentum for XCEL ENERGY INC (XEL) is negative.