US stock / ETF

WEC Energy Group, Inc.

WEC · NYSE · USD

1 weekBullish74%
Weekly Upside probability 74%Bullish

WEC 1W chart

EMA21EMA50Bollinger
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Market View

Market Shift

Weekly: EMA8/21/50 are in bullish alignment

Confirmation Trigger

Hold above $103.08 and reclaim $119.58.

Invalidation Trigger

Lose $103.08 and MACD turns lower again.

Market Context

Trend PhaseBullish
Constructive Trend

Price is above EMA21

Weekly
Momentum StateBullish
Momentum improving

RSI 58.9, MACD -0.049

Weekly
Volatility EnvironmentRange
Medium volatility

ATR is $4.37 (3.68%)

Weekly

EMA Structure

Bullish
EMA 8$114.19Bullish
EMA 21$113.44Bullish
EMA 50$110.95Bullish

Signals

CategoryReadStrength
Momentum
RSI 58.9 · MACD -0.049

Momentum is strong

Strength
Bullish
Volatility
ATR $4.37 · BB 8.84%

Medium volatility

Strength
Range
Volume
MFI 49.4 · OBV 3.10%

Relative to 20-period average volume

Strength
Range
Price Levels
$103.08 - $119.58

Support/Resistance Distance

Strength
Bullish

Key Levels

Upper risk zone

+4.37% · 1.2 ATR above latest close

$123.95
Nearest resistance

+0.69% · 0.2 ATR above · 34-bar high

$119.58
Current price

Price shown is delayed

$118.77
Nearest support

-13.21% · 3.6 ATR below · 34-bar low

$103.08
Deeper support zone

-16.89% · 4.6 ATR below latest close

$98.7
ATR zone

Latest close ± ATR14

$114.39 - $123.14

Indicators

Trend

Dow Theory Structure

Confirmation $108.59, invalidation $119.21

downtrend · LH/LLBearish
ADX / +DI / -DI (14)

Trend strength is active

30.5 / 21.4 / 17.1Bullish
Supertrend (10,3)

Price is above Supertrend

$101.38Bullish
Ichimoku Cloud

Cloud Span A / Span B

$112.85 / $111.06Bullish
Donchian Channel (20)

20-period breakout channel position

93%Bullish

Volatility

ATR (14)

Medium volatility

$4.37 (3.68%)Range
Bollinger Bands (20,2)

Width 8.84%

91%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$122.96 / $104.05Range
ATR channel lower / upper

Current Volatility Envelope

$114.39 / $123.14Range

Levels / Risk

Resistance

Nearest Upside Decision Level

$119.58Range
Support

Nearest Downside Decision Level

$103.08Range

Momentum

RSI (14)

Momentum is strong

58.9Bullish
MACD (12,26,9)

Histogram is negative

-0.049Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

92.6 / 56.5Bullish
Williams %R (14)

Overbought zone

-7.4Bearish
CCI (20)

Balanced zone

87.8Range
TD Sequential

Setup is not extreme

sell 1Bearish

Volume / Money Flow

MFI (14)

Money flow is neutral

49.4Range
OBV slope

20-period OBV slope

3.10%Bullish
Volume ratio

Relative to 20-period average volume

0.97xRange

Trend

Dow Theory Structure

Confirmation $108.59, invalidation $119.21

downtrend · LH/LLBearish
ADX / +DI / -DI (14)

Trend strength is active

30.5 / 21.4 / 17.1Bullish
Supertrend (10,3)

Price is above Supertrend

$101.38Bullish
Ichimoku Cloud

Cloud Span A / Span B

$112.85 / $111.06Bullish
Donchian Channel (20)

20-period breakout channel position

93%Bullish

Momentum

RSI (14)

Momentum is strong

58.9Bullish
MACD (12,26,9)

Histogram is negative

-0.049Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

92.6 / 56.5Bullish
Williams %R (14)

Overbought zone

-7.4Bearish
CCI (20)

Balanced zone

87.8Range
TD Sequential

Setup is not extreme

sell 1Bearish

Volatility

ATR (14)

Medium volatility

$4.37 (3.68%)Range
Bollinger Bands (20,2)

Width 8.84%

91%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$122.96 / $104.05Range
ATR channel lower / upper

Current Volatility Envelope

$114.39 / $123.14Range

Volume / Money Flow

MFI (14)

Money flow is neutral

49.4Range
OBV slope

20-period OBV slope

3.10%Bullish
Volume ratio

Relative to 20-period average volume

0.97xRange

Levels / Risk

Resistance

Nearest Upside Decision Level

$119.58Range
Support

Nearest Downside Decision Level

$103.08Range

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