Xcel Energy Technical Analysis (NASDAQ:XEL)
Technical analysis is based on the study of past price and volume movements of a security with the help of technical stock charts or trading charts. The XEL stock chart pattern can give those who understand technical analysis an indication of which way XEL stock is headed, but cannot predict with 100% certainty as to what can happen to the Xcel Energy stock price.
View technical indicators like moving averages - SMA and EMA, and bollinger bands for Xcel Energy. The technical analysis form of Xcel Energy stock analysis tries to understand the market by studying the stock market trend itself as opposed to other aspects like the company's fundamentals.
Xcel Energy Moving Average
Moving averages help predict the price direction of XEL stock based on certain triggers, but with a lag, and form building blocks for other technical indicators like the MACD and bollinger bands. The longer the duration of the moving average, the higher the lag. For example, 200 day moving averages for Xcel Energy are mostly signals of long term trends and will help long term traders.
Xcel Energy Bollinger Bands
Bollinger Bands were developed by the famous technical trader John Bollinger and are a measure of the volatility of a stock like the XEL stock. Xcel Energy bollinger bands show that the stock price is $48.29, upper band is 48.61, lower band is 45.35, and the average is 46.98.
Xcel Energy Moving Average Convergence Divergence or MACD
The moving average convergence divergence or MACD is a technical indicator which helps gauge the stock price trend, as the indicator is useful in understanding the strength, direction and momentum of the stock price. The Xcel Energy MACD indicator is above 0 indicating a bullish trend.
Xcel Energy Relative Strength Index
This technical indicator compares the relative strength or weakness of a stock. It measures the magnitude of rise or fall in stock price movements . 78.9 is the RSI value of XEL stock.