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Archive - 3/21/2025 - Sign In to see current Signals. |
Wisconsin Energy Corp. (WEC) Technical Analysis
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| Summary:
| | Weekly :   | | Daily : Move cursor over the icon to see details.
| | During the week, the WEC has not change and closed at 106.80 on Friday, March 21, 2025. Weekly volume was 44% above average. WEC is a member of Utilities Sector. Utilities is the most overbought sector. Sector/industry rotation is considered a proven strategy to beat the market. Use the following links to find overbought/oversold technical indicators by Sector or by Industry.
Long-term trend: [See WEC long-term trend chart] A long-term downtrend had started on March 17, 2020 at 109.53 and reached 68.01 on March 23, 2020. WEC lost 41.52 points, or 37.91%, in 0 weeks. The chart has formed a Symmetric Triangle chart pattern. The price is near the trend resistance line (106.93). The resistance is usually stronger when technical indicators are overbought. Use the following links to access Trend Support/Resistance Help, or use the Technical Stock Screener to see the list of stocks with price testing the trend resistance line in a long-term trend.
Medium-term trend: [See WEC medium-term trend chart] A medium-term uptrend had started on January 6, 2025 at 91.94 and reached 110.20 on March 10, 2025. WEC gained -18.26 points, or -19.86%, in 9 weeks. The chart has formed a Broadening Ascending Wedge chart pattern. The trend support level is at 105.98 and resistance is at 113.71. A Broadening Ascending Wedge pattern is considered to be a reversal formation. It usually appears in a mature trend, characterized by overbought/oversold long-term and short-term indicators, and often generates divergence on long-term indicators. Use the following link to access a Broadening Ascending Wedge chart pattern help, or use a Technical Stock Screener to see the list of stocks with Broadening Ascending Wedge pattern in a medium-term trend.
Weekly Technical Indicators: [See WEC weekly technical indicators chart] Weekly Relative Strength Index, Williams' Percentage Range and Lane's Stochastic are overbought. Use the Technical Stock Screener to see the list of stocks with overbought weekly Relative Strength Index, Williams' Percentage Range and Lane's Stochastic. Oscillators are designed to signal a possible trend reversal. They can act as alerts and should be taken in conjunction with other technical analysis tools. Oscillators can be used to confirm other technical signals. Use the following links to access Lane's Stochastic, Relative Strength Index and Williams' Percentage Range help. The weekly MACD line is above its signal line since February 7, 2025. This is an indication that the medium-term trend is up. Use the following link to access a MACD help.
Short-term trend: [See WEC short-term trend chart] A short-term uptrend had started on March 13, 2025 at 104.20 and reached 108.50 on March 21, 2025. WEC gained -4.30 points, or -4.13%, in 8 days. Price is near the Fibonacci 38.2% retracement level. The Fibonacci retracement level is considered a support/resistance level.
Daily Technical Indicators: [See WEC daily technical indicators chart] Daily technical indicators are neutral. The daily MACD line is below its signal line since March 10, 2025. The distance between MACD and the signal line is low and getting smaller.
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Daily Oscillators |
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Weekly Oscillators |
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Trading
Signals |
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Sector and
Industry |
Description |
Name |
Rank |
Sector |
Utilities |
12 |
Industry |
Electric Utilities |
101 |
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Daily Trend |
Description |
Value |
Direction |
Up |
Chart Pattern |
Uptrend |
Low |
104.20 |
Low Date |
03/13/2025 |
High |
108.50 |
High Date |
03/21/2025 |
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Weekly Trend |
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Description |
Value |
Direction |
Up |
Chart Pattern |
Uptrend |
Status |
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Resistance |
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Support |
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Low |
104.20 |
Low Date |
03/13/2025 |
High |
108.50 |
High Date |
03/21/2025 |
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Description |
Value |
Direction |
Up |
Chart Pattern |
Broadening Ascending Wedge |
Status |
Valid |
Resistance |
113.71 |
Support |
105.98 |
Low |
91.94 |
Low Date |
01/06/2025 |
High |
110.20 |
High Date |
03/10/2025 |
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Quarterly Trend |
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Description |
Value |
Direction |
Up |
Chart Pattern |
Uptrend |
Status |
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Resistance |
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Support |
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Low |
75.13 |
Low Date |
02/13/2024 |
High |
110.20 |
High Date |
03/10/2025 |
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Description |
Value |
Direction |
Down |
Chart Pattern |
Symmetric Triangle |
Status |
Test Resistance |
Resistance |
106.93 |
Support |
77.14 |
High |
109.53 |
High Date |
03/17/2020 |
Low |
68.01 |
Low Date |
03/23/2020 |
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