Xcel Energy, Inc’s recently made public that its SVP, Strategy and External Aff Prager Frank P unloaded Company’s shares for reported $0.12 million on Aug 16 ’24. In the deal valued at $59.50 per share,2,041 shares were sold. As a result of this transaction, Prager Frank P now holds 28,705 shares worth roughly $1.84 million.
Then, O’Connor Timothy John sold 17,563 shares, generating $979,471 in total proceeds. Upon selling the shares at $55.77, the EVP, Chief Operations Officer now owns 0 shares.
Wells Fargo upgraded its Xcel Energy, Inc [XEL] rating to an Overweight from a an Equal weight in a research note published on January 13, 2025; the price target was increased to $72 from $70. A number of analysts have revised their coverage, including JP Morgan’s analysts, who increased its forecast for the stock in mid December from “a Neutral” to “an Overweight”. Jefferies also remained covering XEL and has increased its forecast on November 01, 2024 with a “Buy” recommendation from previously “Hold” rating. Jefferies started covering the stock on September 20, 2024. It rated XEL as “a Hold”.
Price Performance Review of XEL
On Tuesday, Xcel Energy, Inc [NASDAQ:XEL] saw its stock jump 0.72% to $64.08. Over the last five days, the stock has lost -1.63%. Xcel Energy, Inc shares have fallen nearly -5.09% since the year began. Nevertheless, the stocks have risen 5.05% over the past one year. While a 52-week high of $73.38 was reached on 01/02/25, a 52-week low of $46.79 was recorded on 01/10/25. SMA at 50 days reached $68.27, while 200 days put it at $60.46.
Levels Of Support And Resistance For XEL Stock
The 24-hour chart illustrates a support level at 63.43, which if violated will result in even more drops to 62.78. On the upside, there is a resistance level at 64.51. A further resistance level may holdings at 64.94. The Relative Strength Index (RSI) on the 14-day chart is 34.21, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -2.68, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 75.29%. Stochastics %K at 18.29% indicates the stock is a buying.
How much short interest is there in Xcel Energy, Inc?
A steep rise in short interest was recorded in Xcel Energy, Inc stocks on 2024-12-31, growing by 0.52 million shares to a total of 8.49 million shares. Yahoo Finance data shows the prior-month short interest on 2024-11-29 was 7.97 million shares. There was a rise of 6.15%, which implies that there is a positive sentiment for the stock.
