XCEL ENERGY INC (XEL) Stock Technical Analysis
NASDAQ:XEL - Nasdaq - US98389B1008 - Common Stock - Currency: USD
We assign a technical rating of 6 out of 10 to XEL. In the last year, XEL was one of the better performers, but we do observe some doubts in the very recent evolution.
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!
Looking at the yearly performance, XEL did better than 82% of all other stocks.
XEL is currently trading in the upper part of its 52 week range. The S&P500 Index is also trading in the upper part of its 52 week range, so XEL is performing more or less in line with the market.
In the last month XEL has a been trading in the 66.75 - 72.78 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 4112070 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
XEL is part of the Electric Utilities industry. There are 46 other stocks in this industry, XEL did better than 66% of them.
Although the technical rating is only medium, XEL 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 72.56. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 69.90, a Stop Loss order could be placed below this zone.
More info and screens
61.69
73.65
When analyzing the support we can see 4 important areas.
- A support zone ranging from 68.21 to 69.24. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Support @66.60 from a horizontal line in the daily time frame.
- A support zone ranging from 63.37 to 63.37. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @62.31 from a horizontal line in the weekly time frame.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 69.83 to 70.41. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 72.56 to 72.92. 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 | 82.09 | POSITIVE | XEL has a high relative strength, it outperformed 82.09% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of XEL is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of XEL is below a declining 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) | 50.17 | NEUTRAL | The RSI value for XEL is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.13 | NEGATIVE | The MACD value suggests XEL has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 45.61 | NEUTRAL | The Stochastics value for XEL is a neutral value. |
| Average True Range in percent/ATR (20) | 2.04 | MEDIUM VOLATILITY | The ATR as a percentage value for XEL suggests some volalility. |
| Average Directional Index/ADX (14) | 12.29 | 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 |
|---|---|---|---|
| 70.42 | 68.48 | 1.94 (2.75%) | 25.00% |
| An entry @70.42. This is a Buy Stop order right above the 10 day moving average. | An exit @68.48. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 1.94 points, which is 2.75%. | For a 0.69% total portfolio risk, you can invest 25.00% of your capital in this trade. |
- The distance between exit and entry is rather small compared to the average daily movement of XEL. Please evaluate whether better entry and exit points can be found.
- 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.
NASDAQ:XEL (6/2/2025, 3:54:10 PM)
69.74
-0.36 (-0.51%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorUtilities
GICS IndustryElectric Utilities
Performance
% Chg-0.51%
1 Week1.29%
2 Weeks-1.63%
1 Month-0.43%
3 Month-2.77%
6 Month-3.39%
12 Month26.42%
2 Year7.37%
3 Year-6.96%
5 Year7.8%
10 Year105.87%
15 Year242.12%
Volatility
ATR(14)1.57
ATR(20)%2.04%
ATR Inc-32.91%
Range Today0.64
ADR(20)1.38
ADR(20)%1.98%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS82.09
Mansfield0.44
10 Day High72.78
10 Day Low68.49
20 Day High72.78
20 Day Low66.75
52 Week High73.38
52 Week Low51.97
CS1 End69.9
CR1 Start72.56
Volume & EV
DER(3)-3.31%
DER(5)-2.45%
Volume1.65M
Volume Incr-34.97%
Vol(5)2.82M
Vol(50)4.11M