WEC

WEC Energy GroupUtilities

$112.17-0.33%

Rectangle Bearish Flag Descending Triangle

0CP IndexNo Signal

How it works

The Setup Confidence (0-100) is an algorithmic score evaluating 4 key metrics. A score of 0 means no confirmed signal yet.

Trend Alignment (SMA)
Volume Confirmation
Pattern Clarity
Momentum (RSI)

3 Month Interval$112.17

APRMAYJUN

Validate this Pattern

The Rectangle is just one piece of the puzzle. See the full technical breakdown.

View on TradingView View on TrendSpider

Quick Actions

Trade Plan: Bearish Flag

Risk/Reward

1:1.45

Entry

$108.59

Stop

$115.50

Target

$98.58

Chart Pattern

Rectangle

Sideways movement between parallel supports.

Bearish Flag

Bearish continuation if preceding move was down.

Descending Triangle

Bearish continuation pattern.

Symmetrical Triangle

Consolidation. Can break either way.

Market Analysis

A clear signal has emerged for WEC Energy Group (WEC) on the daily chart. Price has moved to $112.17 (-0.33%) amidst recent volatility. Algorithmically, a Bearish Flag structure has completed. This setup is supported by strong volume turnover. A potential breakout level is identified at $108.59, targeting $98.58 with support near $115.5 (R:R 1.45).

Community Sentiment

What is your outlook on WEC?

Explore Related Markets

Peer Analysis

D Rectangle Aep Rectangle So Rectangle Es Rectangle Dte Ascending Triangle

Pattern Peers

Ndsn Rectangle Has Rectangle Ffiv Rectangle Mck Rectangle Grmn Rectangle