Wec Energy Group Stock Pattern Recognition Harami Pattern

WEC Stock  USD 100.66  0.30  0.30%   
WEC Energy pattern recognition tool provides the execution environment for running the Harami Pattern recognition and other technical functions against WEC Energy. WEC Energy value trend is the prevailing direction of the price over some defined period of time. The concept of trend is an important idea in technical analysis, including the analysis of pattern recognition indicators. As with most other technical indicators, the Harami Pattern recognition function is designed to identify and follow existing trends. WEC Energy momentum indicators are usually used to generate trading rules based on assumptions that WEC Energy trends in prices tend to continue for long periods.

Recognition
The output start index for this execution was eleven with a total number of output elements of fifty. The function generated a total of four valid pattern recognition events for the selected time horizon. The Harami pattern describes bullish reversal trend for WEC Energy.

WEC Energy Technical Analysis Modules

Most technical analysis of WEC Energy help investors determine whether a current trend will continue and, if not, when it will shift. We provide a combination of tools to recognize potential entry and exit points for WEC from various momentum indicators to cycle indicators. When you analyze WEC charts, please remember that the event formation may indicate an entry point for a short seller, and look at other indicators across different periods to confirm that a breakdown or reversion is likely to occur.

About WEC Energy Predictive Technical Analysis

Predictive technical analysis modules help investors to analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of WEC Energy Group. We use our internally-developed statistical techniques to arrive at the intrinsic value of WEC Energy Group based on widely used predictive technical indicators. In general, we focus on analyzing WEC Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build WEC Energy's daily price indicators and compare them against related drivers, such as pattern recognition and various other types of predictive indicators. Using this methodology combined with a more conventional technical analysis and fundamental analysis, we attempt to find the most accurate representation of WEC Energy's intrinsic value. In addition to deriving basic predictive indicators for WEC Energy, we also check how macroeconomic factors affect WEC Energy price patterns. Please read more on our technical analysis page or use our predictive modules below to complement your research.
 2021 2022 2023 2024 (projected)
Dividend Yield0.02790.0310.03710.0388
Price To Sales Ratio3.683.082.993.13
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of WEC Energy's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Hype
Prediction
LowEstimatedHigh
99.95100.83101.71
Details
Intrinsic
Valuation
LowRealHigh
94.0394.91110.73
Details
Naive
Forecast
LowNextHigh
103.31104.19105.07
Details
18 Analysts
Consensus
LowTargetHigh
82.9591.15101.18
Details

Become your own money manager

As an individual investor, you need to find a reliable way to track all your investment portfolios' performance accurately. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing you full analytical transparency into your positions, our tools can tell you how much better you can do without increasing your risk or reducing expected return.

Did you try this?

Run Competition Analyzer Now

   

Competition Analyzer

Analyze and compare many basic indicators for a group of related or unrelated entities
All  Next Launch Module

Trending Themes

If you are a self-driven investor, you will appreciate our idea-generating investing themes. Our themes help you align your investments inspirations with your core values and are essential building blocks of your portfolios. A typical investing theme is an unweighted collection of up to 20 funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of equities with common characteristics such as industry and growth potential, volatility, or market segment.
Casinos Idea
Casinos
Invested over 90 shares
Macroaxis Index Idea
Macroaxis Index
Invested few shares
Investor Favorites Idea
Investor Favorites
Invested over 60 shares
Impulse Idea
Impulse
Invested over 100 shares
Banking Idea
Banking
Invested over 20 shares
SRI Sustainable Growth Idea
SRI Sustainable Growth
Invested few shares
Social Domain Idea
Social Domain
Invested few shares
Driverless Cars Idea
Driverless Cars
Invested over 50 shares
Macroaxis Picks Idea
Macroaxis Picks
Invested over 30 shares
Chemicals Idea
Chemicals
Invested over 30 shares
Baby Boomer Prospects Idea
Baby Boomer Prospects
Invested over 60 shares
Momentum Idea
Momentum
Invested few shares
When determining whether WEC Energy Group offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of WEC Energy's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Wec Energy Group Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Wec Energy Group Stock:
Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in WEC Energy Group. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in income.
You can also try the Efficient Frontier module to plot and analyze your portfolio and positions against risk-return landscape of the market..
Is Multi-Utilities space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of WEC Energy. If investors know WEC will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about WEC Energy listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.24)
Dividend Share
3.285
Earnings Share
4.09
Revenue Per Share
27.023
Quarterly Revenue Growth
(0.05)
The market value of WEC Energy Group is measured differently than its book value, which is the value of WEC that is recorded on the company's balance sheet. Investors also form their own opinion of WEC Energy's value that differs from its market value or its book value, called intrinsic value, which is WEC Energy's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because WEC Energy's market value can be influenced by many factors that don't directly affect WEC Energy's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between WEC Energy's value and its price as these two are different measures arrived at by different means. Investors typically determine if WEC Energy is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, WEC Energy's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.