Technical Analysis for WEC - Wisconsin Energy Corporation

Grade Last Price % Change Price Change
A 100.66 -0.30% -0.30
WEC closed down 0.3 percent on Friday, November 22, 2024, on 64 percent of normal volume. The bulls were able to push the stock to a new 52-week high. Due to the stock's strong uptrend, it may remain overbought for a while. So, if you're looking for a reason to sell, don't put too much weight on it being overbought.
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Trend Table & Recent EOD Trading Signals

ADX Long Term Intermediate Term Short Term
Strong Up Up Up

Date Alert Name Type % Chg
New 52 Week High Strength 0.00%
Upper Bollinger Band Walk Strength 0.00%
Overbought Stochastic Strength 0.00%
Upper Bollinger Band Touch Strength 0.00%
New 52 Week Closing High Bullish -0.30%
Expansion Breakout Bullish Swing Setup -0.30%
Reversal New Highs Setup Bullish Swing Setup -0.30%
New 52 Week High Strength -0.30%
Multiple of Ten Bullish Other -0.30%
Outside Day Range Expansion -0.30%

   Recent Intraday Alerts

Alert Time
Reversal New Highs Entry about 17 hours ago
Rose Above Previous Day's High about 17 hours ago
New 52 Week High about 17 hours ago
Fell Below Upper Bollinger Band about 17 hours ago
Up 1 ATR 1 day ago

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Profile

Wisconsin Energy Corporation Description

Wisconsin Energy Corporation, through its subsidiaries, generates and distributes electric energy, as well as distributes natural gas. The company operates in two segments, Utility Energy and Non-Utility Energy. It generates electricity from coal, natural gas, wind, biomass, and hydro sources. The company provides electric utility services to customers in the mining, paper, foundry, food products, and machinery production industries, as well as to the large retail chains, municipally owned systems, rural cooperatives, and municipal joint action agencies; and gas utility services to the paper, food products, and fabricated metal products industries. It also generates, distributes, and sells steam. As of December 31, 2012, the company served approximately 1,125,700 electric customers in Wisconsin and the Upper Peninsula of Michigan; approximately 1,074,000 gas customers in Wisconsin; and approximately 460 steam customers in metropolitan Milwaukee, Wisconsin under the We Energies name, as well as transported gas for approximately 1,600 customers. In addition, it invests in and develops real estate, including business parks and other commercial real estate projects primarily in southeastern Wisconsin. The company was founded in 1981 and is headquartered in Milwaukee, Wisconsin.


Classification

Sector: Utilities
Industry: Utilities - Regulated Electric
Keywords: S&P 500 Natural Gas Mining Electricity Food Products Electric Utility Retail Chain Metal Products Biomass Gas Utility Electric Energy Real Estate Projects Utility Services Electric Utility Services Large Retail Chains Wec Energy Group

Is WEC a Buy, Sell or Hold?

Indicator Bull Case Neutral / Hold Bear Case
50 DMA
200 DMA
ADX Trend
Oversold / Overbought
Relative Strength

Indicators

Indicator Value
52 Week High 101.43
52 Week Low 73.0669
Average Volume 2,040,863
200-Day Moving Average 84.95
50-Day Moving Average 95.99
20-Day Moving Average 96.81
10-Day Moving Average 98.50
Average True Range 1.49
RSI (14) 66.33
ADX 28.65
+DI 33.54
-DI 10.70
Chandelier Exit (Long, 3 ATRs) 96.95
Chandelier Exit (Short, 3 ATRs) 97.82
Upper Bollinger Bands 100.97
Lower Bollinger Band 92.65
Percent B (%b) 0.96
BandWidth 8.60
MACD Line 1.21
MACD Signal Line 0.78
MACD Histogram 0.4355
Fundamentals Value
Market Cap 31.75 Billion
Num Shares 315 Million
EPS 4.22
Price-to-Earnings (P/E) Ratio 23.85
Price-to-Sales 2.75
Price-to-Book 2.09
PEG Ratio 2.41
Dividend 3.12
Dividend Yield 3.10%
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 101.94
Resistance 3 (R3) 102.05 101.74 101.72
Resistance 2 (R2) 101.74 101.42 101.68 101.65
Resistance 1 (R1) 101.20 101.21 101.05 101.09 101.58
Pivot Point 100.89 100.89 100.81 100.83 100.89
Support 1 (S1) 100.35 100.57 100.20 100.24 99.74
Support 2 (S2) 100.04 100.36 99.98 99.67
Support 3 (S3) 99.50 100.04 99.60
Support 4 (S4) 99.39