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Archive - 5/2/2025 - Sign In to see current Signals. |
Xcel Energy Inc (XEL) Technical Analysis
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| Summary:
| | Weekly : | | Daily :   Move cursor over the icon to see details.
| | It was a first positive week for the Xcel Energy Inc (XEL). During the week, the XEL gained 1.77 points, or 2.57%, and closed at 70.77 on Friday, May 2, 2025. It was the best weekly gain since February 28, 2025. XEL was trading at average weekly trading volume. XEL 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 XEL long-term trend chart] A long-term uptrend had started on March 6, 2024 at 46.79 and reached 73.38 on November 27, 2024. XEL gained -26.59 points, or -56.83%, in 38 weeks. The price is now at the 9.82% retracement level.
Medium-term trend: [See XEL medium-term trend chart] A medium-term uptrend had started on April 9, 2025 at 65.43 and reached 72.10 on April 23, 2025. XEL gained -6.67 points, or -10.19%, in 2 weeks. The chart has formed a Broadening Ascending Wedge chart pattern. The trend support level is at 68.69 and resistance is at 74.83. 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 XEL weekly technical indicators chart] Weekly technical indicators are neutral. The weekly MACD line is below its signal line since December 27, 2024. The distance between MACD and the signal line is low and getting smaller. Use the following link to access a MACD help.
Short-term trend: [See XEL short-term trend chart] A short-term uptrend had started on April 25, 2025 at 68.41 and reached 71.39 on May 1, 2025. XEL gained -2.98 points, or -4.36%, in 6 days. The price is now at the 20.81% retracement level.
Daily Technical Indicators: [See XEL daily technical indicators chart] Daily technical indicators are neutral. The daily MACD line is above its signal line since April 28, 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. During the last week, the price has risen above the Parabolic SAR (stop and reversal). A Parabolic SAR below the price is a bullish signal, and it indicates that momentum is likely to remain in the upward direction. A Parabolic SAR is used as a trailing stop loss for long or short positions. It works best during strong trending periods. Use the following links to access Parabolic SAR Help, or use the Technical Stock Screener to see the list of stocks with the Parabolic SAR close to the price level. During the last week, the price has moved above the moving average in the center of the Bollinger Bands. The Bollinger Bands are often used with a non-oscillator indicator like chart patterns or a trendline. The signals are considered more reliable if these indicators confirm the recommendation of the Bollinger Bands. Use the following links to access the Bollinger Bands Help, or use the Technical Stock Screener to see the list of stocks with the price above the Upper Bollinger Band or below the Lower Bollinger Band. During the last week, the 20 Day Moving Average has crossed below the 50 Day Moving Average. Such crossover is considered a bearish signal. The moving average crossover signals work better when the stock develops a strong trend, but they are ineffective when the stock is in a trading range. Moving average crossover systems can be effective, but should be used in conjunction with trend patterns, momentum indicators, candlesticks and other aspects of technical analysis. Use the following links to access Moving Average Crossover trading technique, or use the Technical Stock Screener to see the list of stocks with the Moving Average close to the price level.
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