XCEL ENERGY INC (XEL) Stock Technical Analysis
NASDAQ:XEL - Nasdaq - US98389B1008 - Common Stock - Currency: USD
Taking everything into account, XEL scores 8 out of 10 in our technical rating. XEL has been one of the better performers in the overall market. Some doubts were observed in the medium time frame, but recent action was again very positive.
The long term trend is positive and the short term trend is neutral. The long term trend gets the benefit of the doubt for now.
When comparing the yearly performance of all stocks, we notice that XEL is one of the better performing stocks in the market, outperforming 90% of all stocks. On top of that, XEL also shows a nice and consistent pattern of rising prices.
XEL is currently trading in the upper part of its 52 week range. The market is still in the middle of its 52 week range, so XEL slightly outperforms the market at the moment.
In the last month XEL has a been trading in the 65.43 - 73.00 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 3994930 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.
XEL has an excellent technical rating and also presents a decent setup pattern. 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 70.04, 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 70.04. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 66.60 to 66.99. This zone is formed by a combination of multiple trend lines in the daily time frame.
- A support zone ranging from 63.37 to 63.96. 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.
We found 1 important resistance area.
- 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.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS90.16
Mansfield1.45
10 Day High72.1
10 Day Low67
20 Day High73
20 Day Low65.43
52 Week High73.38
52 Week Low51.97
Performance
1 Week1.72%
2 Weeks2.49%
1 Month1.99%
3 Month5.52%
6 Month9.04%
12 Month30.26%
2 Year0.54%
3 Year-4.05%
5 Year10.59%
10 Year107.28%
15 Year223.17%
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)
Technical Indicators
MACD(12,26,9)0.17
RSI(14)52.46
LBB66.54
UBB72.17
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 |
|---|---|---|---|
| 72.93 | 68.20 | 4.73 (6.49%) | 15.42% |
| An entry @72.93. This is a Buy Stop order right above the resistance zone. | An exit @68.20. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 4.73 points, which is 6.49%. | When investing 15.42% of your capital in this trade, your total portfolio risk will be 1.00%. |
- 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.
70.29
-1.26 (-1.76%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorUtilities
GICS IndustryElectric Utilities
Performance
% Chg-1.76%
1 Week1.72%
2 Weeks2.49%
1 Month1.99%
3 Month5.52%
6 Month9.04%
12 Month30.26%
2 Year0.54%
3 Year-4.05%
5 Year10.59%
10 Year107.28%
15 Year223.17%
Volatility
ATR(14)2.56
ATR(20)%3.08%
ATR Inc-18.19%
Range Today2.47
ADR(20)2.09
ADR(20)%2.97%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS90.16
Mansfield1.45
10 Day High72.1
10 Day Low67
20 Day High73
20 Day Low65.43
52 Week High73.38
52 Week Low51.97
CS1 End70.04
CR1 Start72.56
Volume & EV
DER(3)-1.19%
DER(5)-1.44%
Volume6.50M
Volume Incr30.26%
Vol(5)5.15M
Vol(50)3.99M