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Downtrend Broken Resist.Archive
- 4/26/2024 -
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Wisconsin Energy Corp. (WEC) Technical Analysis
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| Summary:
| | Weekly : | | Daily :
Move cursor over the icon to see details.
| | It was the negative week for the Wisconsin Energy Corp. (WEC). During the week, the WEC gave back -0.07 points, or -0.09%, and closed at 81.49 on Friday, April 26, 2024. WEC was trading at average weekly trading volume.
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 May 24, 2022 at 108.39 and reached 75.13 on February 13, 2024. WEC lost 33.26 points, or 30.69%, in 90 weeks. The price is now at the 19.12% retracement level.
 Medium-term trend: [See WEC medium-term trend chart]
A medium-term uptrend had started on February 13, 2024 at 75.13 and reached 83.01 on April 25, 2024. WEC gained -7.88 points, or -10.49%, in 10 weeks. The price is now at the 19.29% retracement level.
 Weekly Technical Indicators: [See WEC weekly technical indicators chart]
Weekly technical indicators are neutral.
The weekly MACD line is above its signal line since March 8, 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 WEC short-term trend chart]
A short-term uptrend had started on April 16, 2024 at 77.53 and reached 83.01 on April 25, 2024. WEC gained -5.48 points, or -7.07%, in 9 days. The price is now at the 27.74% 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. 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.
During the last week, daily MACD line has moved above its signal line. Such crossover is considered a bullish signal.
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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 |
11 |
| Industry |
Electric Utilities |
102 |
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| Daily Trend |
| Description |
Value |
| Direction |
Up |
| Chart Pattern |
Uptrend |
| Low |
77.53 |
| Low Date |
04/16/2024 |
| High |
83.01 |
| High Date |
04/25/2024 |
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| Weekly 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 |
75.13 |
| Low Date |
02/13/2024 |
| High |
83.01 |
| High Date |
04/25/2024 |
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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 |
87.66 |
| High Date |
12/14/2023 |
| Low |
75.13 |
| Low Date |
02/13/2024 |
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| Quarterly 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 |
108.39 |
| High Date |
05/24/2022 |
| Low |
75.13 |
| Low Date |
02/13/2024 |
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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 |
109.53 |
| High Date |
03/17/2020 |
| Low |
68.01 |
| Low Date |
03/23/2020 |
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