
Technical analysis of WEC Energy Group, Inc. (stock) with the Montbon Method — Elliott Waves, moving averages and a 0–100 score.
WEC Energy Group, Inc. is a utilities company operating in the United States that provides electricity and natural gas distribution and generation services through its operating segments in Wisconsin, Illinois, and other states. The company manages electric transmission infrastructure, generates electricity from conventional and renewable sources (coal, natural gas, nuclear, wind, solar, hydroelectric, biomass), and operates extensive distribution networks comprising thousands of miles of overhead lines, underground cables, and natural gas pipelines.
Description generated automatically from public sources; it may be inaccurate or out of date.
Closing values for October 16, 2026, computed on the last 12 months of prices.
21 sessions
103.26 $
+5.28%
50 sessions
105.30 $
+3.23%
200 sessions
109.92 $
−1.10%
s2
104.33
Support
s1
105.18
Support
pivot
106.78
Pivot
r1
107.63
Resistance
r2
109.23
Resistance
In the October 16, 2026 session WEC Energy Group, Inc. closed higher at 108.71 $, +2.52% versus the previous session.
The price sits mixed against its moving averages: +5.28% against the 21-session average, +3.23% against the 50 and −1.10% against the 200.
The 14-period RSI reads 67.5, in neutral territory.
MACD stands at 0.464 against a signal line at -0.379: the histogram is positive (+0.843).
ADX reads 24.6, indicating weak directionality.
Levels computed on the latest session place supports at 105.18 and 104.33 $ and resistances at 107.63 and 109.23 $, around a pivot of 106.78.
The average daily range (ATR) is 1.799 $, or 1.65% of price.
Turnover was 3.1M shares, 108% of the 20-session average.
Over the last twelve months the price ranged between 99.80 and 118.84 $, and today stands −8.52% from the period high.
Measures computed on closing prices. They describe the past; they are not forecasts.
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Montbon analyses markets with Elliott Waves, multi-timeframe moving averages and a 0–100 score summarising the technical setup. It is an informational screening tool.
Elliott Waves
Wave counting to frame the price structure.
MTF moving averages
Moving averages across timeframes to read the trend.
0–100 score
A technical summary of the setup, updated daily.
How is WEC Energy Group, Inc. analysed technically?
Technical analysis of WEC Energy Group, Inc. is based on price charts and indicators such as moving averages, RSI and MACD, to observe trend, momentum and volatility across different time horizons.
Which timeframes are used for WEC Energy Group, Inc.?
The daily and weekly charts are typically used for medium-to-long-term trends, while intraday charts (for example 1-hour or 15-minute) are used for short-term movements.
What are Elliott Waves applied to WEC Energy Group, Inc.?
Elliott Wave theory describes price moves as sequences of impulsive and corrective waves; applied to WEC Energy Group, Inc. it helps frame the technical structure of the historical chart and is not a forecast.
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