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WEC
Stock ticker:
NYSE
AS OF
Aug 5 closing price
Price
$103.13
Change
-$0.72 (-0.69%)
Capitalization
32.53B

WEC Price Prediction, WEC Energy Group AI Recommendations

Stock market charts, price targets, analyst ratings and a financial calendar
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A.I.Advisor
a Summary for AAPL with price predictions
12:00 AM EDT Aug 05, 2022

WEC in upward trend: price expected to rise as it breaks its lower Bollinger Band on July 20, 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 24 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 77%.

Price Prediction Chart

Technical Analysis (Indicators)

Bullish Trend Analysis

The Momentum Indicator moved above the 0 level on July 26, 2022. You may want to consider a long position or call options on WEC as a result. In of 76 past instances where the momentum indicator moved above 0, the stock continued to climb. The odds of a continued upward trend are .

The Moving Average Convergence Divergence (MACD) for WEC just turned positive on July 26, 2022. Looking at past instances where WEC's MACD turned positive, the stock continued to rise in of 47 cases over the following month. The odds of a continued upward trend are .

WEC moved above its 50-day moving average on July 26, 2022 date and that indicates a change from a downward trend to an upward trend.

The 10-day moving average for WEC crossed bullishly above the 50-day moving average on August 02, 2022. This indicates that the trend has shifted higher and could be considered a buy signal. In of 16 past instances when the 10-day crossed above the 50-day, the stock continued to move higher over the following month. The odds of a continued upward trend are .

Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where WEC advanced for three days, in of 367 cases, the price rose further within the following month. The odds of a continued upward trend are .

The Aroon Indicator entered an Uptrend today. In of 330 cases where WEC Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are .

Bearish Trend Analysis

The Stochastic Oscillator demonstrated that the ticker has stayed in the overbought zone for 7 days. The longer the ticker stays in the overbought zone, the sooner a price pull-back is expected.

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 .

Fundamental Analysis (Ratings)

Fear & Greed

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 63, 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 steady price growth. WEC’s price grows at a higher rate over the last 12 months as compared to S&P 500 index constituents.

The Tickeron Seasonality Score of (best 1 - 100 worst) indicates that the company is fair valued in the industry. The Tickeron Seasonality score describes the variance of predictable price changes around the same period every calendar year. These changes can be tied to a specific month, quarter, holiday or vacation period, as well as a meteorological or growing season.

The Tickeron Valuation Rating of (best 1 - 100 worst) indicates that the company is slightly overvalued 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 (2.881) is normal, around the industry mean (1.787). P/E Ratio (23.866) is within average values for comparable stocks, (25.317). Projected Growth (PEG Ratio) (3.454) is also within normal values, averaging (3.891). Dividend Yield (0.027) settles around the average of (0.048) among similar stocks. P/S Ratio (3.630) is also within normal values, averaging (3.332).

The Tickeron SMR rating for this company is (best 1 - 100 worst), indicating weak sales and an unprofitable 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.

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published price charts
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published Earnings

WEC is expected to report earnings to 90 cents per share on November 01

WEC Energy Group WEC Stock Earnings Reports
Q3'22
Est.
$0.90
Q2'22
Beat
by $0.06
Q1'22
Beat
by $0.10
Q4'21
Beat
by $0.03
Q3'21
Beat
by $0.13
The last earnings report on August 02 showed earnings per share of 91 cents, beating the estimate of 84 cents. With 1.06M shares outstanding, the current market capitalization sits at 32.53B.
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published Dividends

WEC paid dividends on June 01, 2022

WEC Energy Group WEC Stock Dividends
А dividend of $0.73 per share was paid with a record date of June 01, 2022, and an ex-dividend date of May 12, 2022. Read more...
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published Highlights

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 15.96B. The market cap for tickers in the group ranges from 500 to 172.86B. NEE holds the highest valuation in this group at 172.86B. 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 3%, and the average quarterly price growth was -1%. IESFY experienced the highest price growth at 18%, while JENGQ experienced the biggest fall at -16%.

Volume

The average weekly volume growth across all stocks in the Electric Utilities Industry was -16%. For the same stocks of the Industry, the average monthly volume growth was 11% and the average quarterly volume growth was -15%

Fundamental Analysis Ratings

The average fundamental analysis ratings, where 1 is best and 100 is worst, are as follows

Valuation Rating: 40
P/E Growth Rating: 61
Price Growth Rating: 54
SMR Rating: 58
Profit Risk Rating: 62
Seasonality Score: -8 (-100 ... +100)
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WEC
Buy/Sell Ratings
 
 
Technical Analysis# Of IndicatorsAvg. Odds
   
   
 
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published General Information

General Information

a provider of electric and natural gas distribution services

Industry ElectricUtilities

Profile
Fundamentals
Details
Industry
Electric Utilities
Address
231 West Michigan Street
Phone
+1 414 221-2345
Employees
6938
Web
https://www.wecenergygroup.com

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WEC and

Correlation & Price change

A.I.dvisor indicates that over the last year, WEC has been closely correlated with CMS. These tickers have moved in lockstep 92% 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.

1D
1W
1M
1Q
6M
1Y
5Y
Ticker /
NAME
Correlation
To WEC
1D Price
Change %
WEC100%
-0.70%
CMS - WEC
92%
Closely correlated
-1.46%
XEL - WEC
89%
Closely correlated
-1.02%
LNT - WEC
89%
Closely correlated
+0.21%
AEE - WEC
88%
Closely correlated
-0.32%
ES - WEC
86%
Closely correlated
-0.68%
More