Xcel Energy (XEL) stock is currently looking weak considering its key simple moving average levels. On February 7, 2018, it was trading 10% and 11% below than its 50-day and 200-day moving averages, respectively. The huge discount to both of these key moving averages suggests a weakness in the stock. Its 50-day moving average of $47.50 could act as a resistance for XEL stock in the short term. It’s currently trading at $42.50.
Relative strength index
Xcel Energy stock is currently trading in the oversold zone, with its RSI (relative strength index) at 18. RSI levels below 30 suggest that a stock has been oversold, while levels above 70 suggest that a stock has been overbought.
You can read about the latest changes in short interest in Xcel Energy stock in Looking at Xcel Energy’s Moving Averages and Short Interest.
Let’s take a look next at analysts’ views and price targets for Xcel Energy.