Exelon stock: buy or sell
Updated on:
Apr 22nd, 2021
2
Exelon stock brief
- Exelon stock scarcely changed -0.26% to close at $45.68 on the stock market on Wednesday.
- Exelon Corporation, a utility services holding company, engages in the energy generation, delivery, and marketing businesses in the United States and Canada.
Should I buy Exelon stock?
All successful traders recommend adhering to a trading strategy and not make decisions based on subjective opinions, rumors or feelings. Trading strategies are meant for helping you in the decision process of what stocks to pick and when is the best moment to buy them. At Stocks2.com, we like to use very simple but trusted and powerful trend following trading strategies. Simple things usually work the best
Is $EXC stock a buy?
In the current situation of Exelon there is not any eligible buy setup. This doesn't mean $EXC will slide in coming sessions, or it will not rise higher. Simply, it doesn't match our recommended trading systems
Should I sell Exelon stock?
When you are a novel trader and you own stock shares with some profit, it's really hard to decide the best moment to sell and get your profits. Much like when we have to buy shares, determining when is appropiate time to sell is not a whimsical decision, and we must use our own trading style. When selling, as well as buying, detailed setups are very simple to use and are only applicable for selling stocks you already own, not for selling short Exelon stock
As a golden rule, you should never hold an operation that shows a losses greater than those expected at the time of the buy. The moment to sell shares always has to be determined by the stop-loss (automatic or manual)
Is it time to sell Exelon stock?
In the current situation of Exelon there is not any eligible sell setup, so Exelon stock holders with operations in green can keep their positions
Exelon ratings
In the last 30 days, 2 ratings were published for Exelon. General sentiment is bullish, with 2 out of 2 posting positive outlooks
| Brokerage firm | Rating |
|---|---|
| Apr 7th, 2021 | |
| Wells Fargo & Company | Buy |
| Apr 16th, 2021 | |
| Morgan Stanley | Buy |
Exelon stock analysis
SMAs overview
Supports and resistances
The current resistances are:
The current support levels are:
Bollinger bands
Since the price surpassed the upper band last Friday, the price has been corrected downwards by 1.49%. The price is trading very close to the upper Bollinger band, signaling some level of overbought in recent sessions. This is not a bearish indicator, as price can trade in these levels for many days and weeks
Relative strength index
The RSI dropped below the overbought level of 70 last Monday after just crossing to the overbough zone for just one day (weak signal). The RSI reading on Wednesday was 67.64
Exelon stock price history
Exelon went public priced at an adjusted price1 of $0.00 on May 1973. Since then, EXC stock has risen by -, with an average of 0.00% per year. An investment of thousand dollars at that time would have a value of $inf nowadays.
1: Adjusted price after possible price splits or reverse-splits
Price target for Exelon stock
How much a stock will be priced tomorrow or next week is quite unpredictable. Banks and financial organisations post their analysis forecasting how a stock will performance in the future.
The following table shows the price forecasts released by brokerage institutions in the last month. Again, these estimates are not direct recommendations for small investors and must not be trusted blindly.
The average price target for Exelon stock calculated from the table below is $56.50. Exelon closed at $45.68 on Wednesday, so the target price is expecting a growth by 23.69%.
| Brokerage firm | Price target |
|---|---|
| Apr 7th, 2021 | |
| Wells Fargo & Company | $49.00 → $54.00 |
| Apr 16th, 2021 | |
| Morgan Stanley | $55.00 → $59.00 |
Earnings and financials
Last February, Exelon ($EXC) had the quarterly shareholders event and released the report. Exelon beat market estimates and reported of $0.76, that is a 10.14% better than expected versus the previous estimates of $0.69. Despite this, reported revenues of $8.1 billion were in line with market forecasts.
Compared to the same quarter one year ago, EPS was $0.83, so posted EPS is a loss of -8.43%. Revenue just changed on an annualized basis in the , from $83.4B to $81.1B last quarter.Exelon ($EXC) is releasing Q1 financial report next Friday. Forecasted for this quarter is $0.58, compared to $0.76 that was reported for Q4.
Exelon performance
| Company | 1m | 3m | 6m |
|---|---|---|---|
| Exelon ($EXC) | 6.50% | 7.80% | 10.30% |
Disclaimer:
The viewpoints expressed in this article are personal and should not be followed as recommendations for you to buy or sell stocks. The author of this text does not know the individual scenarios of the reader, his or her own finances or what is in his or her best interest at any given time. All users should speak with their financial advisor before buying or selling any securities Thoughts are published for informational purposes onlyExelon summary
| Wednesday, April 21st, 2021 | |
|---|---|
| Open | $45.78 |
| Close | $45.68 |
| Day range | $45.5 - $46 |
| Previous close | $45.8 |
| Session gain | -0.26% |
| Average true range | $0.72 |
| 50d mov avg | $42.59 |
| 100d mov avg | $42.13 |
| 200d mov avg | $40.03 |
| Earnings date | May 7th, 2021 |