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Uptrend ExhaustionArchive - 12/13/2024 - 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 the negative week for the Xcel Energy Inc (XEL). During the week, the XEL dropped -1.62 points, or -2.32%, and closed at 68.12 on Friday, December 13, 2024. Weekly volume was -53% below average. 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 19.78% retracement level. Medium-term trend: [See XEL medium-term trend chart] A medium-term uptrend had started on July 9, 2024 at 51.97 and reached 73.38 on November 27, 2024. XEL gained -21.41 points, or -41.20%, in 20 weeks. The chart has formed a Rising Channel chart pattern. The uptrend support line (70.32) is broken. Usually a broken support is considered to be a long-term bearish signal, but since daily indicators are oversold a short-term pull back is possible. XEL may retest the broken support line. It is considered to be a resistance line now. Use the following links to access Trend Support/Resistance Help, or use the Technical Stock Screener to see the list of stocks with broken trend support in a medium-term trend. Weekly Technical Indicators: [See XEL weekly technical indicators chart] Weekly Lane's Stochastic is overbought. Use the Technical Stock Screener to see the list of stocks with overbought weekly 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 link to access Lane's Stochastic help. The weekly MACD line is above its signal line since May 3, 2024. This is an indication that the medium-term trend is up. Use the following link to access a MACD help. Short-term trend: [See XEL short-term trend chart] A short-term downtrend had started on November 27, 2024 at 73.38 and reached 67.90 on December 13, 2024. XEL lost 5.48 points, or 7.47%, in 16 days. Price is near the trend low. Daily Technical Indicators: [See XEL daily technical indicators chart] Daily Williams' Percentage Range and Lane's Stochastic are strongly oversold. Use the Technical Stock Screener to see the list of stocks with daily strongly oversold Williams' Percentage Range and Lane's Stochastic. Use the following link to access Williams' Percentage Range help. The daily MACD line is below its signal line since December 2, 2024. This is an indication that the short-term trend is down. The distance between MACD and the signal line is near its high and getting bigger. It indicates that the current short-term downtrend is strong.
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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 |
5 |
Industry |
Electric Utilities |
42 |
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Daily Trend |
Description |
Value |
Direction |
Down |
Chart Pattern |
DownTrend |
High |
73.38 |
High Date |
11/27/2024 |
Low |
67.90 |
Low Date |
12/13/2024 |
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Weekly Trend |
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Description |
Value |
Direction |
Down |
Chart Pattern |
DownTrend |
Status |
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Resistance |
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Support |
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High |
73.38 |
High Date |
11/27/2024 |
Low |
67.90 |
Low Date |
12/13/2024 |
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Description |
Value |
Direction |
Up |
Chart Pattern |
Rising Channel |
Status |
Broken Support |
Resistance |
74.95 |
Support |
70.32 |
Low |
51.97 |
Low Date |
07/09/2024 |
High |
73.38 |
High Date |
11/27/2024 |
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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 |
46.79 |
Low Date |
03/06/2024 |
High |
73.38 |
High Date |
11/27/2024 |
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Description |
Value |
Direction |
Down |
Chart Pattern |
DownTrend |
Status |
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Resistance |
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Support |
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High |
77.66 |
High Date |
09/12/2022 |
Low |
46.79 |
Low Date |
03/06/2024 |
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