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Archive - 4/17/2025 - 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 second consecutive positive week for the Xcel Energy Inc (XEL). During the week, the XEL climbed 0.57 points, or 0.82%, and closed at 70.13 on Thursday, April 17, 2025. Weekly volume was -23% below average. 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 chart has formed a Broadening Ascending Wedge chart pattern. The trend support level is at 67.30 and resistance is at 85.31. 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 long-term trend.
Medium-term trend: [See XEL medium-term trend chart] A medium-term uptrend had started on January 10, 2025 at 62.58 and reached 73.00 on April 4, 2025. XEL gained -10.42 points, or -16.65%, in 12 weeks. The chart has formed a Rising Wedge chart pattern. The uptrend support line (71.04) is broken. A broken support is considered to be a long-term bearish signal. 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 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 downtrend had started on April 4, 2025 at 73.00 and reached 65.43 on April 9, 2025. XEL lost 7.57 points, or 10.37%, in 5 days. The chart has formed a Symmetric Triangle chart pattern. The trend support level is at 69.55 and resistance is at 71.04. A Symmetric Triangle pattern represents the area of indecision, where the movement direction is questioned. Chart pattern analysis usually considers a symmetric triangle chart pattern as a continuation formation which resolves in the direction of larger trend, but it also may mark the trend reversal. Use the following link to access a Symmetric Triangle chart pattern help, or use a Technical Stock Screener to see the list of stocks with Symmetric Triangle pattern in a short-term trend.
Daily Technical Indicators: [See XEL 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.
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