We assign a technical rating of 1 out of 10 to XEL. 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.
Although the technical rating is bad, XEL does present a nice setup opportunity. Prices have been consolidating lately. There is very little resistance above the current price. There is a support zone below the current price at 74.06, a Stop Loss order could be placed below this zone.
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64.99
When analyzing the support we can see 2 important areas.
- A support zone ranging from 70.13 to 74.06. 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 66.64. 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 81.85 to 82.11. 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 | DOWN | NEGATIVE | The long term trend for XEL is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for XEL is down. |
| ChartMill Relative Strength | 49.19 | NEUTRAL | XEL is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of XEL is above 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) | 44.51 | NEUTRAL | The RSI value for XEL is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.2 | POSITIVE | The MACD value suggests XEL has a positive trend. |
| Stochastics (14,3) | 41.34 | NEUTRAL | The Stochastics value for XEL is a neutral value. |
| Average True Range in percent/ATR (20) | 1.71 | LOW VOLATILITY | The low ATR as a percentage value for XEL suggests low volalility. |
| Average Directional Index/ADX (14) | 33.71 | POSITIVE | The high ADX value value for XEL suggests a strong trend. |
74.26
+0.88 (+1.2%)
XCEL ENERGY INC / XEL FAQ
Can you provide the ChartMill technical rating for XCEL ENERGY INC?
ChartMill assigns a technical rating of 1 / 10 to XEL.
What is the trend direction for XEL stock?
The current trend direction for XCEL ENERGY INC (XEL) is Bearish.
What is the RSI signal for XEL stock?
XCEL ENERGY INC (XEL) has an RSI value of 44.513. This indicates that the stock is currently neutral.
What is the short term momentum for XCEL ENERGY INC (XEL) stock?
The short term momentum for XCEL ENERGY INC (XEL) is negative.
Can you provide the buy/sell signal for XCEL ENERGY INC?
The buy/sell signal for XCEL ENERGY INC (XEL) is sell as both the short term and long term trends are negative.