US stock / ETF

WEC Energy Group, Inc.

WEC · NYSE · USD

1 weekBearish89%
Weekly Downside probability 89%Bearish

WEC 1W chart

EMA21EMA50Bollinger
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Market View

Market Shift

Weekly: EMA8/21/50 are in bearish alignment

Confirmation Trigger

Recover $110.11 and stabilize above resistance $119.91.

Invalidation Trigger

Break above $119.91 with RSI back above 50.

Market Context

Trend PhaseBearish
Weak Pullback

Price is below EMA21

Weekly
Momentum StateBearish
Momentum soft

RSI 39.2, MACD -1.095

Weekly
Volatility EnvironmentRange
Medium volatility

ATR is $4.43 (4.24%)

Weekly

EMA Structure

Bearish
EMA 8$107.26Bearish
EMA 21$110.11Bearish
EMA 50$110.32Bearish

Signals

CategoryReadStrength
Momentum
RSI 39.2 · MACD -1.095

Momentum is weak

Strength
Bearish
Volatility
ATR $4.43 · BB 15.07%

Medium volatility

Strength
Range
Volume
MFI 33.1 · OBV -13.32%

Relative to 20-period average volume

Strength
Bearish
Price Levels
$102.86 - $119.91

Support/Resistance Distance

Strength
Bearish

Key Levels

Upper risk zone

+19.03% · 4.5 ATR above latest close

$124.34
Nearest resistance

+14.79% · 3.5 ATR above · 34-bar high

$119.91
Current price

Price shown is delayed

$104.46
Nearest support

-1.53% · 0.4 ATR below · 34-bar low

$102.86
Deeper support zone

-5.77% · 1.4 ATR below latest close

$98.43
ATR zone

Latest close ± ATR14

$100.03 - $108.89

Indicators

Trend

Dow Theory Structure

Confirmation $105.48, invalidation $111.89

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

Trend strength is active

26.5 / 8.0 / 21.8Bearish
Supertrend (10,3)

Price is above Supertrend

$91.76Bullish
Ichimoku Cloud

Cloud Span A / Span B

$110.52 / $111.38Bearish
Donchian Channel (20)

20-period breakout channel position

9%Bearish

Volatility

ATR (14)

Medium volatility

$4.43 (4.24%)Range
Bollinger Bands (20,2)

Width 15.07%

11%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$118.44 / $101.55Range
ATR channel lower / upper

Current Volatility Envelope

$100.03 / $108.89Range

Levels / Risk

Resistance

Nearest Upside Decision Level

$119.91Range
Support

Nearest Downside Decision Level

$102.86Range

Momentum

RSI (14)

Momentum is weak

39.2Bearish
MACD (12,26,9)

Histogram is negative

-1.095Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

9.4 / 6.6Bullish
Williams %R (14)

Oversold zone

-90.6Bullish
CCI (20)

Weak expansion

-143.0Bearish
TD Sequential

Exhaustion setup is near completion

buy 9Bullish

Volume / Money Flow

MFI (14)

Money flow is weak

33.1Bearish
OBV slope

20-period OBV slope

-13.32%Bearish
Volume ratio

Relative to 20-period average volume

0.74xBearish

Trend

Dow Theory Structure

Confirmation $105.48, invalidation $111.89

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

Trend strength is active

26.5 / 8.0 / 21.8Bearish
Supertrend (10,3)

Price is above Supertrend

$91.76Bullish
Ichimoku Cloud

Cloud Span A / Span B

$110.52 / $111.38Bearish
Donchian Channel (20)

20-period breakout channel position

9%Bearish

Momentum

RSI (14)

Momentum is weak

39.2Bearish
MACD (12,26,9)

Histogram is negative

-1.095Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

9.4 / 6.6Bullish
Williams %R (14)

Oversold zone

-90.6Bullish
CCI (20)

Weak expansion

-143.0Bearish
TD Sequential

Exhaustion setup is near completion

buy 9Bullish

Volatility

ATR (14)

Medium volatility

$4.43 (4.24%)Range
Bollinger Bands (20,2)

Width 15.07%

11%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$118.44 / $101.55Range
ATR channel lower / upper

Current Volatility Envelope

$100.03 / $108.89Range

Volume / Money Flow

MFI (14)

Money flow is weak

33.1Bearish
OBV slope

20-period OBV slope

-13.32%Bearish
Volume ratio

Relative to 20-period average volume

0.74xBearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$119.91Range
Support

Nearest Downside Decision Level

$102.86Range

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