US stock / ETF

WEC Energy Group, Inc.

WEC · NYSE · USD

1 weekBearish73%
Weekly Downside probability 73%Bearish

WEC 1W chart

EMA21EMA50Bollinger
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Market View

Market Shift

Weekly: price is below EMA21, short trend is weak

Confirmation Trigger

Recover $113.15 and stabilize above resistance $119.91.

Invalidation Trigger

Break above $119.91 with RSI back above 50.

Market Context

Trend PhaseRange
Sideways Structure

Price is below EMA21

Weekly
Momentum StateBearish
Momentum soft

RSI 42.1, MACD -0.758

Weekly
Volatility EnvironmentRange
Medium volatility

ATR is $4.97 (4.62%)

Weekly

EMA Structure

Range
EMA 8$112.39Bearish
EMA 21$113.15Bearish
EMA 50$111.41Bearish

Signals

CategoryReadStrength
Momentum
RSI 42.1 · MACD -0.758

Momentum is weak

Strength
Bearish
Volatility
ATR $4.97 · BB 11.01%

Medium volatility

Strength
Range
Volume
MFI 42.3 · OBV -15.54%

Relative to 20-period average volume

Strength
Bearish
Price Levels
$103 - $119.91

Support/Resistance Distance

Strength
Bearish

Key Levels

Upper risk zone

+16.03% · 3.5 ATR above latest close

$124.88
Nearest resistance

+11.41% · 2.5 ATR above · 34-bar high

$119.91
Current price

Price shown is delayed

$107.63
Nearest support

-4.3% · 0.9 ATR below · 34-bar low

$103
Deeper support zone

-8.92% · 1.9 ATR below latest close

$98.03
ATR zone

Latest close ± ATR14

$102.66 - $112.6

Indicators

Trend

Dow Theory Structure

Confirmation $119.91, invalidation $108.59

range · mixedRange
ADX / +DI / -DI (14)

Trend strength is moderate

17.2 / 8.5 / 24.2Bearish
Supertrend (10,3)

Price is above Supertrend

$92.84Bullish
Ichimoku Cloud

Cloud Span A / Span B

$113.19 / $111.43Bearish
Donchian Channel (20)

20-period breakout channel position

9%Bearish

Volatility

ATR (14)

Medium volatility

$4.97 (4.62%)Range
Bollinger Bands (20,2)

Width 11.01%

-1%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$123.35 / $102.98Range
ATR channel lower / upper

Current Volatility Envelope

$102.66 / $112.6Range

Levels / Risk

Resistance

Nearest Upside Decision Level

$119.91Range
Support

Nearest Downside Decision Level

$103Range

Momentum

RSI (14)

Momentum is weak

42.1Bearish
MACD (12,26,9)

Histogram is negative

-0.758Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

8.6 / 26.5Bearish
Williams %R (14)

Oversold zone

-91.4Bullish
CCI (20)

Weak expansion

-192.4Bearish
TD Sequential

Setup is not extreme

buy 3Bullish

Volume / Money Flow

MFI (14)

Money flow is weak

42.3Bearish
OBV slope

20-period OBV slope

-15.54%Bearish
Volume ratio

Relative to 20-period average volume

1.20xBullish

Trend

Dow Theory Structure

Confirmation $119.91, invalidation $108.59

range · mixedRange
ADX / +DI / -DI (14)

Trend strength is moderate

17.2 / 8.5 / 24.2Bearish
Supertrend (10,3)

Price is above Supertrend

$92.84Bullish
Ichimoku Cloud

Cloud Span A / Span B

$113.19 / $111.43Bearish
Donchian Channel (20)

20-period breakout channel position

9%Bearish

Momentum

RSI (14)

Momentum is weak

42.1Bearish
MACD (12,26,9)

Histogram is negative

-0.758Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

8.6 / 26.5Bearish
Williams %R (14)

Oversold zone

-91.4Bullish
CCI (20)

Weak expansion

-192.4Bearish
TD Sequential

Setup is not extreme

buy 3Bullish

Volatility

ATR (14)

Medium volatility

$4.97 (4.62%)Range
Bollinger Bands (20,2)

Width 11.01%

-1%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$123.35 / $102.98Range
ATR channel lower / upper

Current Volatility Envelope

$102.66 / $112.6Range

Volume / Money Flow

MFI (14)

Money flow is weak

42.3Bearish
OBV slope

20-period OBV slope

-15.54%Bearish
Volume ratio

Relative to 20-period average volume

1.20xBullish

Levels / Risk

Resistance

Nearest Upside Decision Level

$119.91Range
Support

Nearest Downside Decision Level

$103Range

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