|
|
Downtrend ResistanceArchive
- 2/28/2025 -
Sign In to see current Signals. |
Wisconsin Energy Corp. (WEC) Technical Analysis
|
 |
| Summary:
| | Weekly :  | | Daily :
Move cursor over the icon to see details.
| | It was a fifth consecutive positive week for the Wisconsin Energy Corp. (WEC). During the week, the WEC gained 2.60 points, or 2.50%, and closed at 106.70 on Friday, February 28, 2025. Weekly volume was 26% 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 (106.96). 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 107.10 on February 28, 2025. WEC gained -15.16 points, or -16.49%, in 7 weeks. The chart has formed a Rising Channel chart pattern. The trend support level is at 104.86 and resistance is at 107.20. A Rising Channel represents price movement contained between parallel lower (support) and upper (resistance) trend lines. Trading Channeling stocks is one of the most reliable and accurate trading techniques that provide traders with precise entry and exit points as well as stop-losses and take-profit recommendations. Use the following link to access a Rising Channel chart pattern help, or use a Technical Stock Screener to see the list of stocks with Rising Channel pattern in a medium-term trend.
 Weekly Technical Indicators: [See WEC weekly technical indicators chart]
Weekly Lane's Stochastic is overbought while Williams' Percentage Range is strongly overbought. Use the Technical Stock Screener to see the list of stocks with overbought weekly Lane's Stochastic or strongly overbought weekly Williams' Percentage Range. 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 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. The distance between MACD and the signal line is low, but getting bigger. It indicates that the current medium-term uptrend is getting stronger. 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 February 10, 2025 at 99.90 and reached 107.10 on February 28, 2025. WEC gained -7.20 points, or -7.21%, in 18 days. The price is now at the 5.56% retracement level.
Daily Technical Indicators: [See WEC daily technical indicators chart]
Daily Lane's Stochastic is overbought while Williams' Percentage Range is strongly overbought. Use the Technical Stock Screener to see the list of stocks with overbought daily Lane's Stochastic or strongly overbought daily Williams' Percentage Range. Daily Lane's Stochastic and MACD have bearish divergence. Use the following links to access the Lane's Stochastic and MACD help, or use the Technical Stock Screener to see the list of stocks with daily Lane's Stochastic and MACD bearish divergence. The divergence between price and indicator is considering one of the most important buy/sell stocks trading signal.
The daily MACD line is above its signal line since January 7, 2025. This is an indication that the short-term trend is up. The distance between MACD and the signal line is low, but getting bigger. It indicates that the current short-term uptrend is getting stronger.
| |
|
|