Xcel Energy stock: buy or sell
Updated on:
Jan 16th, 2021
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Xcel Energy stock brief
- Xcel Energy closed on Friday at $64.96 after rising a 2.20%.
- Xcel Energy Inc., through its subsidiaries, generates, purchases, transmits, distributes, and sells electricity.
Should I buy Xcel Energy 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 $XEL stock a buy?
Currently, Xcel Energy stock doesn't match any of these trading strategies, so our recommendation is not to buy now. This doesn't mean we expect a selloff for $XEL in coming sessions, or that it may not rise higher. Simply, it doesn't match our recommended trading systems
Should I sell Xcel Energy stock?
Knowing when to sell a stock is even harder than knowing when to buy it. Trading strategies prevent us from making impulsive decisions based on our personal sentiments or the buzz that surrounds the market. When selling, as well as buying, detailed strategies are very simple to use and are only valid for selling shares you already own, not for shorting $XEL stock
As a rule of thumb, you should not mantain an investment that yields greater losses than those expected by the time of purchase. When to sell your stock always has to be ruled by the stop-loss (automatic or manual)
Is it time to sell Xcel Energy stock?
Currently, Xcel Energy stock doesn't match any of our preferred sell setups, so if you hold Xcel Energy shares and your operation is in profit probably is not time to sell now
Xcel Energy ratings
In the last 30 days, just one brokerage rating was published for Xcel Energy
| Brokerage firm | Rating |
|---|---|
| Jan 12th, 2021 | |
| KeyCorp | Buy |
Xcel Energy stock analysis
Xcel Energy shares started an uptrend in September 2020, and gained an almost flat -0.46%. Rising highs and lows can be seen easily on a chart and how price gave very few buy points on the breakouts. Latest pullback was last October, when price bounced at $68.45. Saddly, $XEL could not resume the uptrend after topping at $75.94, and fell crossing its last bottom last November
SMAs overview
Supports and resistances
The current resistance levels are:
The current support levels are:
Bollinger bands
Since the price broke down the lower band on Thursday, the price bounced off by 2.44%. The price is trading near to the upper Bollinger band, signaling some level of overbought in recent sessions. This is not a sell signal, as price can trade in these levels for many days and weeks. The price is moving near to the lower Bollinger band, poiting some level of oversold in recent sessions. This is not a bullish indicator, as price can move in these levels for many days and weeks
Relative strength index
The RSI crossed up the oversold line of 30 in early December after just being in the oversold zone for just one day (what can be considered a strength signal). The RSI value on Friday was 47.4
Xcel Energy stock price history
Xcel Energy IPO was on Feb 21st, 1973 at $0.00 per share1. Since then, XEL stock surged by -, with an average of 0.00% per year. If you had invested $1,000USD in Xcel Energy stock on the IPO, it would be valued $inf today.
1: Adjusted price after possible price splits or reverse-splits
Price target for Xcel Energy stock
Nobody knows how much a stock will be priced tomorrow. However, many stock price forecasts are posted every day by banks, financial institutions and independent analysts.
The following table shows the price target posted by brokerage institutions for the last 30 days. Again, these targets are not direct recommendations for individual traders and must not be trusted blindly.
There is just one price target available for Xcel Energy that predicts a price of $71.00.
| Brokerage firm | Price target |
|---|---|
| Jan 12th, 2021 | |
| KeyCorp | $75.00 → $71.00 |
Earnings and financials
Last October, Xcel Energy ($XEL) had the earnings call and released the report. Xcel Energy topped Wall St estimates and posted of $1.14, that is a 4.59% increase compared to the predictions of $1.09. By contrast, reported revenues were $3.2 billion compared to estimates of $3.4 billion.
This compares to Earnings of $1.01 per share same quarter last year, so posted EPS means an increase of 12.87%. Sales inched a 5.61% on an annualized basis in the , from $30.1B to $31.8B last quarter.Xcel Energy ($XEL) is posting quarterly earnings report on January 28. Estimated for this quarter is $0.55, compared to $1.14 that was reported for Q3.
Xcel Energy performance
| Company | 1m | 3m | 6m |
|---|---|---|---|
| Xcel Energy ($XEL) | -1.20% | -9.50% | -0.90% |
Important note:
The viewpoints expressed in this post are personal and should not be followed as recommendations for you to buy or sell stocks. The author of this document does not have an understanding of the specific positions of the reader, his or her own financial statements 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 Comments are posted for learning reasons onlyXcel Energy summary
| Friday, January 15th, 2021 | |
|---|---|
| Open | $63.41 |
| Close | $64.96 |
| Day range | $63.04 - $65.05 |
| Previous close | $63.56 |
| Session gain | 2.20% |
| Average true range | $1.70 |
| 50d mov avg | $67.46 |
| 100d mov avg | $68.60 |
| 200d mov avg | $66.21 |
| Earnings date | January 28th, 2021 |