Technical Analysis for WEC - Wisconsin Energy Corporation

Grade Last Price % Change Price Change
B 85.43 -0.18% -0.15
WEC closed down 0.18 percent on Friday, May 10, 2024, on 76 percent of normal volume. The stock exhibited some range contraction during this trading session as price made an NR7 -- narrowest range of the last seven sessions. Note that the stock is in overbought territory based on its Slow Stochastic indicator (14, 3, 3) -- so don't be surprised if it goes sideways or a pulls back.
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Trend Table & Recent EOD Trading Signals

ADX Long Term Intermediate Term Short Term
Weak or Absent Up Up Up

Date Alert Name Type % Chg
Stochastic Sell Signal Bearish 0.00%
Cup with Handle Other 0.00%
NR7 Range Contraction 0.00%
Overbought Stochastic Strength 0.00%
Overbought Stochastic Strength -0.18%
Up 3 Days in a Row Strength -0.18%
Overbought Stochastic Strength 0.61%
Gapped Up Strength 1.91%
Overbought Stochastic Strength 1.91%
Inside Day Range Contraction 3.13%

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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 91.4937
52 Week Low 73.9407
Average Volume 1,680,512
200-Day Moving Average 81.45
50-Day Moving Average 81.30
20-Day Moving Average 82.31
10-Day Moving Average 83.69
Average True Range 1.38
RSI (14) 68.25
ADX 12.58
+DI 23.88
-DI 12.54
Chandelier Exit (Long, 3 ATRs) 81.82
Chandelier Exit (Short, 3 ATRs) 81.67
Upper Bollinger Bands 86.21
Lower Bollinger Band 78.40
Percent B (%b) 0.9
BandWidth 9.48
MACD Line 1.16
MACD Signal Line 0.83
MACD Histogram 0.327
Fundamentals Value
Market Cap 26.95 Billion
Num Shares 315 Million
EPS 4.22
Price-to-Earnings (P/E) Ratio 20.24
Price-to-Sales 2.75
Price-to-Book 2.09
PEG Ratio 2.41
Dividend 3.12
Dividend Yield 3.65%
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 86.78
Resistance 3 (R3) 86.81 86.38 86.56
Resistance 2 (R2) 86.38 86.04 86.37 86.48
Resistance 1 (R1) 85.91 85.83 85.70 85.88 86.40
Pivot Point 85.48 85.48 85.38 85.47 85.48
Support 1 (S1) 85.01 85.14 84.80 84.98 84.46
Support 2 (S2) 84.58 84.93 84.57 84.38
Support 3 (S3) 84.11 84.58 84.31
Support 4 (S4) 84.08