XCEL ENERGY INC (XEL) Stock Technical Analysis
USA - NASDAQ:XEL - US98389B1008 - Common Stock
Overall XEL gets a technical rating of 10 out of 10. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, XEL is showing a nice and steady performance.
Besides having an excellent technical rating, XEL also presents a decent setup pattern. Prices have been consolidating lately. A pullback is taking place, which may present a nice opportunity for an entry.
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65.93
When analyzing the support we can see 4 important areas.
- A support zone ranging from 75.45 to 76.50. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 71.14 to 72.11. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 67.89 to 68.81. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @66.60 from a horizontal line in the daily time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 80.81 to 81.85. This zone is formed by a combination of multiple trend lines and important moving averages 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 | UP | POSITIVE | The short term trend for XEL is up. |
| ChartMill Relative Strength | 78.83 | POSITIVE | XEL has a high relative strength, it outperformed 78.83% off all stocks 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 | 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) | 58.93 | NEUTRAL | The RSI value for XEL is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.37 | NEGATIVE | The MACD value suggests XEL has a negative trend. |
| Stochastics (14,3) | 25.56 | NEUTRAL | The Stochastics value for XEL is a neutral value. |
| Average True Range in percent/ATR (20) | 1.65 | LOW VOLATILITY | The low ATR as a percentage value for XEL suggests low volalility. |
| Average Directional Index/ADX (14) | 36.36 | POSITIVE | The high ADX value value for XEL suggests a strong trend. |
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 |
|---|---|---|---|
| 81.86 | 79.63 | 2.23 (2.72%) | 25.00% |
| An entry @81.86. This is a Buy Stop order right above the resistance zone. | An exit @79.63. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 2.23 points, which is 2.72%. | For a 0.68% 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.
80.39
-0.02 (-0.02%)
XCEL ENERGY INC / XEL FAQ
Can you provide the ChartMill technical rating for XCEL ENERGY INC?
ChartMill assigns a technical rating of 10 / 10 to XEL.
What is the current trend direction of XCEL ENERGY INC (XEL) stock?
The current trend direction for XCEL ENERGY INC (XEL) is Bullish.
What is the RSI signal for XCEL ENERGY INC (XEL) stock?
XCEL ENERGY INC (XEL) has an RSI value of 58.9334. This indicates that the stock is currently neutral.
Can you provide the short term momentum for XCEL ENERGY INC?
The short term momentum for XCEL ENERGY INC (XEL) is positive.
What is the buy/sell signal for XEL stock?
The buy/sell signal for XCEL ENERGY INC (XEL) is buy as both the short term and long term trends are positive.