Xcel Energy's most recent trend suggests a bearish bias. One trading opportunity on Xcel Energy is a Bear Call Spread using a strike $65.00 short call and a strike $75.00 long call offers a potential 5.26% return on risk over the next 20 calendar days. Maximum profit would be generated if the Bear Call Spread were to expire worthless, which would occur if the stock were below $65.00 by expiration. The full premium credit of $0.50 would be kept by the premium seller. The risk of $9.50 would be incurred if the stock rose above the $75.00 long call strike price.
The 5-day moving average is moving down which suggests that the short-term momentum for Xcel Energy is bearish and the probability of a decline in share price is higher if the stock starts trending.
The 20-day moving average is moving down which suggests that the medium-term momentum for Xcel Energy is bearish.
The RSI indicator is at 39.41 level which suggests that the stock is neither overbought nor oversold at this time.
To learn how to execute such a strategy while accounting for risk and reward in the context of smart portfolio management, and see how to trade live with a successful professional trader, view more here
LATEST NEWS for Xcel Energy
Xcel Energy elects new board member as long-time board member retires
Wed, 24 Jun 2020 20:15:00 +0000
Xcel Energy has elected a new board member, effective immediately.
Xcel Energy Proposes to Invest $3B in Adding Renewable Assets
Mon, 22 Jun 2020 15:33:03 +0000
Amid the prevalent pandemic woes, Xcel Energy (XEL) offers an investment worth $3 billion in utility projects that will create jobs in Minnesota.
6 Utilities Boosting Earnings
Mon, 22 Jun 2020 14:45:20 +0000
Central Puerto tops the list Continue reading…
Xcel Energy proposes one of largest packages of energy investments in state history
Wed, 17 Jun 2020 21:38:00 +0000
Xcel Energy today announced its proposal for the one of the largest packages of energy investments in Minnesota’s history, as part of its response to the Minnesota Public Utilities Commission and Department of Commerce request for energy companies to help with job growth and getting the economy on track. As part of Xcel Energy’s commitment to helping customers and the state recover from the COVID-19 pandemic, the company’s proposal would include almost $3 billion of accelerated and incremental projects that will create jobs, advance the transition to cleaner energy, and keep customer bills stable.
Hedge Funds Have Never Been This Bullish On Xcel Energy Inc (XEL)
Mon, 15 Jun 2020 21:52:57 +0000
In this article you are going to find out whether hedge funds think Xcel Energy Inc (NASDAQ:XEL) is a good investment right now. We like to check what the smart money thinks first before doing extensive research on a given stock. Although there have been several high profile failed hedge fund picks, the consensus picks […]
Related Posts
Also on Market Tamer…
Follow Us on Facebook