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* StockInvest.us uses dynamically calculated RSI max/min levels to determine when stock is oversold or overbought based on historical behavior.
AI Analysis of XEL
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Xcel Energy Inc stock upgraded from Sell Candidate to Hold/Accumulate after Monday trading session.
(Updated on Mar 18, 2024)

Hold candidate since Mar 18, 2024 PDF

The Xcel Energy Inc stock price gained 0.0962% on the last trading day (Monday, 18th Mar 2024), rising from $51.99 to $52.04. It has now gained 3 days in a row. It will be exciting to see whether it manages to continue gaining or take a minor break for the next few days. During the last trading day the stock fluctuated 2.03% from a day low at $51.37 to a day high of $52.42. The price has risen in 6 of the last 10 days and is up by 1.92% over the past 2 weeks. Volume fell on the last day by -3 million shares and in total, 6 million shares were bought and sold for approximately $302.33 million. You should take into consideration that falling volume on higher prices causes divergence and may be an early warning about possible changes over the next couple of days.

The stock lies in the middle of a wide and falling trend in the short term and further fall within the trend is signaled. Given the current short-term trend, the stock is expected to fall -17.69% during the next 3 months and, with a 90% probability hold a price between $38.55 and $46.25 at the end of this 3-month period. Do note, that if the stock price manages to stay at current levels or higher, our prediction target will start to change positively over the next few days as the conditions for the current predictions will be broken.

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XEL Signals & Forecast

There are mixed signals in the stock today. The Xcel Energy Inc stock holds a buy signal from the short-term Moving Average; at the same time, however, the long-term average holds a general sell signal. Since the longterm average is above the short-term average there is a general sell signal in the stock giving a more negative forecast for the stock. On further gains, the stock will meet resistance from the long-term Moving Average at $56.03. On a fall, the stock will find some support from the short-term average at $51.89. A break-up through the long-term average will give another buy signal, while a fall below the short-term average will add another sell signal and strengthen the general signal. Furthermore, there is currently a sell signal from the 3 month Moving Average Convergence Divergence (MACD). A buy signal was issued from a pivot bottom point on Wednesday, March 06, 2024, and so far it has risen 7.43%. Further rise is indicated until a new top pivot has been found. Volume fell during the last trading day despite gaining prices. This causes a divergence between volume and price and it may be an early warning. The stock should be watched closely.

Support, Risk & Stop-loss for Xcel Energy Inc stock

Xcel Energy Inc finds support from accumulated volume at $50.04 and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested.

This stock may move much during the day (volatility) and with a large prediction interval from the Bollinger Band this stock is considered to be "high risk". During the last day, the stock moved $1.05 between high and low, or 2.03%. For the last week, the stock has had daily average volatility of 2.04%.

Our recommended stop-loss: $49.94 (-4.04%) (This stock has high daily movements and this gives high risk. There is a buy signal from a pivot bottom found 8 days ago.)

Trading Expectations (XEL) For The Upcoming Trading Day Of Tuesday 19th

For the upcoming trading day on Tuesday, 19th we expect Xcel Energy Inc to open at $51.94, and during the day (based on 14 day Average True Range), to move between $50.44 and $53.64, which gives a possible trading interval of +/-$1.60 (+/-3.08%) up or down from last closing price. If Xcel Energy Inc takes out the full calculated possible swing range there will be an estimated 6.17% move between the lowest and the highest trading price during the day.

Since the stock is closer to the resistance from accumulated volume at $52.69 (1.25%) than the support at $50.04 (3.84%), our systems don't find the trading risk/reward intra-day attractive and any bets should be held until the stock is closer to the support level.

Is Xcel Energy Inc stock A Buy?

Xcel Energy Inc holds several positive signals, but we still don't find these to be enough for a buy candidate. At the current level, it should be considered as a hold candidate (hold or accumulate) in this position whilst awaiting further development. We have upgraded our analysis conclusion for this stock since the last evaluation from a Sell to a Hold/Accumulate candidate.

Current score: -0.656 Hold/Accumulate Upgraded

Predicted Opening Price for Xcel Energy Inc of Tuesday, March 19, 2024

Fair opening price March 19, 2024 Current price
$51.94 ( 0.189%) $52.04

The predicted opening price is based on yesterday's movements between high, low, and closing price.

Trading levels for XEL

Fibonacci Support & Resistance Levels

Level Price
Resistance R3 52.99 1.82 %
R2 52.59 1.05 %
R1 52.34 0.578 %
Current price: 52.04
Support S1 51.54 -0.96 %
S2 51.30 -1.43 %
S3 50.90 -2.20 %

Accumulated Volume Support & Resistance Levels

Level Price
Resistance R3 59.87 15.05 %
R2 52.91 1.67 %
R1 52.69 1.25 %
Current price 52.04
Support S1 50.04 -3.84%
S2 49.57 -4.75%
S3 48.44 -6.92%

XEL Dividend Payout History


# Declaration Date Ex-Date Pay Date Amount Yield
1 Feb 21, 2024 Mar 14, 2024 Apr 20, 2024 $0.548 1.05%
2 Dec 13, 2023 Dec 28, 2023 Jan 20, 2024 $0.520 0.87%
3 Dec 13, 2023 Dec 27, 2023 Jan 20, 2024 $0.520 0.87%
4 Aug 23, 2023 Sep 15, 2023 Oct 20, 2023 $0.520 0.90%
5 Aug 23, 2023 Sep 14, 2023 Oct 20, 2023 $0.520 0.90%

FAQ

What is the symbol for Xcel Energy Inc Stock and on which exchange is it traded?
The symbol for Xcel Energy Inc is XEL and it is traded on the NYSE (New York Stock Exchange).

Should I buy or sell Xcel Energy Inc Stock?
Xcel Energy Inc holds several positive signals, but we still don't find these to be enough for a buy candidate. At the current level, it should be considered as a hold candidate (hold or accumulate) in this position whilst awaiting further development. We have upgraded our analysis conclusion for this stock since the last evaluation from a Sell to a Hold/Accumulate candidate.

How to buy Xcel Energy Inc Stock?
Xcel Energy Inc Stock can be purchased through just about any brokerage firm, including online brokerage services.
Click here for our free guide on how to buy Xcel Energy Inc Stock.

What's the current price of Xcel Energy Inc Stock?
As of the end of day on the 2024-03-18, the price of an Xcel Energy Inc (XEL) share was $52.04.

What is the 52-week high and low for Xcel Energy Inc Stock?
The 52-week high for Xcel Energy Inc Stock is $71.96 and the 52-week low is $46.79.

What is the market capitalization of Xcel Energy Inc Stock?
As of the 2024-03-18, the market capitalization of Xcel Energy Inc is 28.863B.

When is the next earnings date for Xcel Energy Inc?
The upcoming earnings date for Xcel Energy Inc is Apr 25, 2024.
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About Xcel Energy Inc

Xcel Energy Xcel Energy Inc., through its subsidiaries, generates, purchases, transmits, distributes, and sells electricity. It operates through Regulated Electric Utility, Regulated Natural Gas Utility, and All Other segments. The company generates electricity through coal, nuclear, natural gas, hydroelectric, solar, biomass, oil, wood/refuse, and wind energy sources. It also purchases, transports, distributes, and sells natural gas to retail customers, as ... XEL Profile

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