WEC in upward trend: price may jump up because it broke its lower Bollinger Band on September 29, 2022 WEC may jump back above the lower band and head toward the middle band. Traders may consider buying the stock or exploring call options. In 21 of 31 cases where WEC's price broke its lower Bollinger Band, its price rose further in the following month. The odds of a continued upward trend are 68%. Technical Analysis (Indicators) Bullish Trend Analysis The RSI Indicator points to a transition from a downward trend to an upward trend -- in cases where WEC's RSI Indicator exited the oversold zone, of 25 resulted in an increase in price. Tickeron's analysis proposes that the odds of a continued upward trend are . The Stochastic Oscillator shows that the ticker has stayed in the oversold zone for 13 days. The price of this ticker is presumed to bounce back soon, since the longer the ticker stays in the oversold zone, the more promptly an upward trend is expected. Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where WEC advanced for three days, in of 365 cases, the price rose further within the following month. The odds of a continued upward trend are . Bearish Trend Analysis The Momentum Indicator moved below the 0 level on September 15, 2022. You may want to consider selling the stock, shorting the stock, or exploring put options on WEC as a result. In of 77 cases where the Momentum Indicator fell below 0, the stock fell further within the subsequent month. The odds of a continued downward trend are . WEC moved below its 50-day moving average on September 15, 2022 date and that indicates a change from an upward trend to a downward trend. The 10-day moving average for WEC crossed bearishly below the 50-day moving average on September 22, 2022. This indicates that the trend has shifted lower and could be considered a sell signal. In of 16 past instances when the 10-day crossed below the 50-day, the stock continued to move higher over the following month. The odds of a continued downward trend are . Following a 3-day decline, the stock is projected to fall further. Considering past instances where WEC declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are . The Aroon Indicator for WEC entered a downward trend on September 27, 2022. This could indicate a strong downward move is ahead for the stock. Traders may want to consider selling the stock or buying put options. The Tickeron Profit vs. Risk Rating rating for this company is (best 1 - 100 worst), indicating low risk on high returns. The average Profit vs. Risk Rating rating for the industry is 69, placing this stock better than average. The Tickeron PE Growth Rating for this company is (best 1 - 100 worst), pointing to outstanding earnings growth. The PE Growth rating is based on a comparative analysis of stock PE ratio increase over the last 12 months compared against S&P 500 index constituents. The Tickeron Price Growth Rating for this company is (best 1 - 100 worst), indicating fairly steady price growth. WEC’s price grows at a lower rate over the last 12 months as compared to S&P 500 index constituents. The Tickeron Valuation Rating of (best 1 - 100 worst) indicates that the company is fair valued in the industry. This rating compares market capitalization estimated by our proprietary formula with the current market capitalization. This rating is based on the following metrics, as compared to industry averages: P/B Ratio (2.565) is normal, around the industry mean (1.677). P/E Ratio (21.231) is within average values for comparable stocks, (22.748). Projected Growth (PEG Ratio) (2.890) is also within normal values, averaging (3.080). Dividend Yield (0.031) settles around the average of (0.050) among similar stocks. P/S Ratio (3.232) is also within normal values, averaging (3.104). The Tickeron SMR rating for this company is (best 1 - 100 worst), indicating slightly weaker than average sales and a marginally profitable business model. SMR (Sales, Margin, Return on Equity) rating is based on comparative analysis of weighted Sales, Income Margin and Return on Equity values compared against S&P 500 index constituents. The weighted SMR value is a proprietary formula developed by Tickeron and represents an overall profitability measure for a stock. WEC is expected to report earnings to fall 3.81% to 87 cents per share on November 01 The last earnings report on August 02 showed earnings per share of 91 cents, beating the estimate of 84 cents. With 1.60M shares outstanding, the current market capitalization sits at 28.96B. WEC paid dividends on September 01, 2022 А dividend of $0.73 per share was paid with a record date of September 01, 2022, and an ex-dividend date of August 11, 2022. Read more... Notable companies The most notable companies in this group are Nextera Energy Inc (NYSE:NEE), Southern Company (The) (NYSE:SO), Dominion Energy (NYSE:D), PG&E Corp (NYSE:PCG), NRG Energy (NYSE:NRG). Industry description Electric utilities companies generate, transmit and distribute electricity to businesses/offices and residences. Companies may be owned by the government or investors or public shareholders, or a combination thereof. The industry also includes firms that buy and sell electricity. Companies in this industry typically require significant investments in infrastructure. Many firms in this industry pay substantial and regular dividends to shareholders. However, changes in interest rates (and their impact on debt burdens), natural disasters and changing commodity prices could be factors affecting energy utilities’ profit margins. NextEra Energy, Inc., Duke Energy Corporation, Dominion Energy Inc. and Southern Company are among U.S. electric utilities companies with the largest market capitalizations. Market Cap The average market capitalization across the Electric Utilities Industry is 14.41B. The market cap for tickers in the group ranges from 500 to 157.12B. NEE holds the highest valuation in this group at 157.12B. The lowest valued company is SLTZ at 500. High and low price notable news The average weekly price growth across all stocks in the Electric Utilities Industry was 0%. For the same Industry, the average monthly price growth was -4%, and the average quarterly price growth was -8%. PCG experienced the highest price growth at 14%, while EVNVY experienced the biggest fall at -17%. Volume The average weekly volume growth across all stocks in the Electric Utilities Industry was 7%. For the same stocks of the Industry, the average monthly volume growth was 71% and the average quarterly volume growth was 25% Fundamental Analysis Ratings The average fundamental analysis ratings, where 1 is best and 100 is worst, are as follows Valuation Rating: 41 1 DaySTOCK / NAMEPrice $Chg $Chg %DDL3.810.31+8.86%Dingdong (Cayman) LimitedKMPH6.410.16+2.56%KemPharmMAA158.43-0.16-0.10%Mid-America Apartment CommunitiesBTCM0.27-0.01-3.23%BIT Mining LimitedPRTA57.45-4.37-7.07%Prothena Corp A.I.dvisor indicates that over the last year, WEC has been closely correlated with CMS. These tickers have moved in lockstep 94% of the time. This A.I.-generated data suggests there is a high statistical probability that if WEC jumps, then CMS could also see price increases. Ticker / NAMECorrelationTo WEC1D PriceChange %WEC100%+0.54%CMS - WEC94%Closely correlated+1.22%XEL - WEC90%Closely correlated+1.42%LNT - WEC90%Closely correlated+1.25%AEE - WEC90%Closely correlated+1.60%ES - WEC89%Closely correlated+0.90%More More