XCEL ENERGY INC (XEL) Stock Technical Analysis
USA - NASDAQ:XEL - US98389B1008 - Common Stock
79.49 USD
-0.18 (-0.23%)
79 USD
-0.49 (-0.62%)
Overall XEL gets a technical rating of 8 out of 10. 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 79% of all other stocks. We also observe that the gains produced by XEL over the past year are nicely spread over this period.
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.
XEL is currently showing a bull flag pattern! A bull flag pattern occurs when prices pull back slightly after a strong rise up. This may be a nice opportunity for an entry.
XEL has an average volume of 4985330 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 68% of them.
In the last month XEL has a been trading in a tight range between 78.43 and 82.69.
Besides having an excellent technical rating, XEL also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. A pullback is taking place, which may present a nice opportunity for an entry. There is a support zone below the current price at 79.48, a Stop Loss order could be placed below this zone.
More info and screens
68.60
82.67
We found 3 important support areas.
- A support zone ranging from 77.52 to 79.48. 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 72.78. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @69.29 from a trend line in the weekly time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 80.16 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 | NEUTRAL | NEUTRAL | The short term trend for XEL is neutral. |
| ChartMill Relative Strength | 79.45 | POSITIVE | XEL has a high relative strength, it outperformed 79.45% 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) | 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) | 44.71 | NEUTRAL | The RSI value for XEL is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.27 | NEGATIVE | The MACD value suggests XEL has a negative trend. |
| Stochastics (14,3) | 25.21 | NEUTRAL | The Stochastics value for XEL is a neutral value. |
| Average True Range in percent/ATR (20) | 1.88 | LOW VOLATILITY | The low ATR as a percentage value for XEL suggests low volalility. |
| Average Directional Index/ADX (14) | 21.83 | NEUTRAL | The ADX value for XEL suggests a possible start of a new 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 |
|---|---|---|---|
| 80.55 | 79.22 | 1.33 (1.65%) | 25.00% |
| An entry @80.55. This is a Buy Stop order right above the 10 day moving average. | An exit @79.22. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 1.33 points, which is 1.65%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.41%. |
- 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.
79.49
-0.18 (-0.23%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorUtilities
GICS IndustryElectric Utilities
Performance
% Chg-0.23%
1 Week-0.81%
2 Weeks-1.3%
1 Month-1.14%
3 Month7.04%
6 Month14%
12 Month11.41%
2 Year30.65%
3 Year13.2%
5 Year18.01%
10 Year122.91%
15 Year238.26%
Volatility
ATR(14)1.33
ATR(20)%1.88%
ATR Inc-15.37%
Range Today1.02
ADR(20)1.49
ADR(20)%1.88%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS79.45
3 months CRS84.22
6 months CRS76.16
Mansfield0.38
10 Day High82.28
10 Day Low79.23
20 Day High82.69
20 Day Low78.43
52 Week High83.01
52 Week Low62.58
CS1 End79.48
CR1 Start80.16
Volume & EV
DER(3)0.79%
DER(5)0.84%
Volume5.64M
Volume Incr-15.58%
Vol(5)4.08M
Vol(50)4.99M
XCEL ENERGY INC / XEL FAQ
Can you provide the ChartMill technical rating for XCEL ENERGY INC?
ChartMill assigns a technical rating of 8 / 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 44.7074. 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 neutral.