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Archive - 4/17/2025 - 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.
| | It was a second consecutive positive week for the Wisconsin Energy Corp. (WEC). During the week, the WEC gained 1.39 points, or 1.30%, and closed at 108.39 on Thursday, April 17, 2025. Weekly volume was -15% below 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 Ascending Triangle chart pattern. The price is near the trend resistance line (106.89). 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 111.00 on April 3, 2025. WEC gained -19.06 points, or -20.73%, in 12 weeks. The price is now at the 13.69% retracement level.
Weekly Technical Indicators: [See WEC weekly technical indicators chart] Weekly Relative Strength Index and Williams' Percentage Range are overbought. Use the Technical Stock Screener to see the list of stocks with overbought weekly Relative Strength Index and 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 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. 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 April 9, 2025 at 100.60 and reached 109.89 on April 17, 2025. WEC gained -9.29 points, or -9.23%, in 8 days. The price is now at the 16.15% retracement level.
Daily Technical Indicators: [See WEC daily technical indicators chart] Daily technical indicators are neutral. During the last week, daily MACD line has moved above its signal line. Such crossover is considered a bullish signal. 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.
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