XCEL ENERGY INC (XEL) Stock Technical Analysis
USA - NASDAQ:XEL - US98389B1008 - Common Stock
73.04 USD
+0.69 (+0.95%)
73.04 USD
0 (0%)
Taking everything into account, XEL scores 6 out of 10 in our technical rating. Although XEL is only a medium performer in the overall market, the technical picture looks good in both the medium and short term time frames.
The long term trend is positive and the short term trend is neutral. The long term trend may just continue or reversal may be around the corner!
XEL is part of the Electric Utilities industry. There are 48 other stocks in this industry. XEL outperforms 70% of them.
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.
XEL has an average volume of 4033090 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, XEL outperforms 67% of them, which is more or less in line with the market.
In the last month XEL has a been trading in a tight range between 71.29 and 73.72.
XEL has only a medium technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 74.24. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 72.95, a Stop Loss order could be placed below this zone.
More info and screens
64.99
75.00
We found 2 important support areas.
- A support zone ranging from 70.55 to 72.95. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 65.65 to 68.32. 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 74.24 to 74.26. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 XEL is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for XEL is neutral. |
| ChartMill Relative Strength | 67.07 | NEUTRAL | XEL is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of XEL is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of XEL is above 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) | 55.65 | NEUTRAL | The RSI value for XEL is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.02 | NEGATIVE | The MACD value suggests XEL has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 49.79 | NEUTRAL | The Stochastics value for XEL is a neutral value. |
| Average True Range in percent/ATR (20) | 1.4 | LOW VOLATILITY | The low ATR as a percentage value for XEL suggests low volalility. |
| Average Directional Index/ADX (14) | 8.88 | NEGATIVE | The low ADX value for XEL suggests a weak or negative trend. |
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
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 |
|---|---|---|---|
| 74.27 | 71.34 | 2.93 (3.95%) | 25.00% |
| An entry @74.27. This is a Buy Stop order right above the resistance zone. | An exit @71.34. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 2.93 points, which is 3.95%. | For a 0.99% total portfolio risk, you can invest 25.00% of your capital in this trade. |
- 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.
73.04
+0.69 (+0.95%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorUtilities
GICS IndustryElectric Utilities
Performance
% Chg0.95%
1 Week1.29%
2 Weeks1.42%
1 Month0.01%
3 Month7.76%
6 Month4.76%
12 Month13.12%
2 Year27.65%
3 Year14.12%
5 Year5.84%
10 Year106.27%
15 Year217.98%
Volatility
ATR(14)1.1
ATR(20)%1.4%
ATR Inc-2.6%
Range Today1.2
ADR(20)1
ADR(20)%1.37%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS67.07
Mansfield-0.51
10 Day High73.72
10 Day Low71.35
20 Day High73.72
20 Day Low71.29
52 Week High74.57
52 Week Low62.12
CS1 End72.95
CR1 Start74.24
Volume & EV
DER(3)0.77%
DER(5)0.04%
Volume4.02M
Volume Incr23.39%
Vol(5)5.31M
Vol(50)4.03M