WEC Energy's 15min Chart Shows Bollinger Bands Narrowing, KDJ Death Cross Triggered

Wednesday, Aug 20, 2025 3:47 pm ET2min read

The 15-minute chart for WEC Energy has triggered a Bollinger Bands Narrowing indicator, coupled with a KDJ Death Cross at 08/20/2025 15:45. This suggests that the magnitude of stock price fluctuations is decreasing and the momentum of the stock price is shifting towards the downside, potentially leading to further decreases.

WEC Energy Group, Inc. (NYSE: WEC) has seen significant changes in its stock price dynamics, as indicated by recent technical indicators. On August 20, 2025, at 15:45, the 15-minute chart for WEC Energy triggered a Bollinger Bands Narrowing indicator, coupled with a KDJ Death Cross. These indicators suggest that the magnitude of stock price fluctuations is decreasing and the momentum of the stock price is shifting towards the downside, potentially leading to further decreases.

The Bollinger Bands Narrowing indicator suggests that the volatility in the stock's price is decreasing, which could indicate a period of consolidation before a potential move in either direction. The KDJ Death Cross, on the other hand, is a technical signal that suggests a change in the trend of the stock. When the KDJ line crosses below the Stochastic %K line, it is considered a bearish signal, indicating a potential downward trend.

In addition to these technical indicators, WEC Energy Group has recently reported strong earnings, with earnings per share (EPS) of $0.76, surpassing analysts' expectations. The company also reported a revenue increase of 13.4% year-over-year, totaling $2.01 billion. Despite these positive earnings reports, the technical indicators suggest that investors should be cautious.

Institutional investors and hedge funds have been actively trading WEC Energy Group shares. Nations Financial Group Inc. IA ADV reduced its stake in WEC Energy Group by 17.6%, selling 3,052 shares and now holding 14,244 shares valued at approximately $1.55 million [1]. Public Sector Pension Investment Board increased its stake in WEC Energy Group by 3.5%, now holding 84,928 shares valued at approximately $9.25 million [2].

Several research analysts have also issued reports on WEC Energy Group. Barclays lifted their target price on WEC Energy Group from $99.00 to $101.00 and gave the company an "equal weight" rating [1]. Scotiabank set a $115.00 price target on WEC Energy Group and gave the stock an "outperform" rating [1]. Wells Fargo & Company lifted their price target on WEC Energy Group from $115.00 to $124.00 and gave the stock an "overweight" rating [1]. UBS Group set a $107.00 price target on WEC Energy Group and gave the stock a "neutral" rating [1]. Wall Street Zen downgraded WEC Energy Group from a "hold" rating to a "sell" rating [1].

The stock has seen a mixed response from insiders as well. Director Gale E. Klappa sold 35,000 shares of the business's stock, and VP Anthony Reese sold 4,177 shares, totaling a 11.29% and 70.39% decrease in their positions, respectively [1].

In conclusion, while WEC Energy Group has reported strong earnings, the recent technical indicators suggest that investors should be cautious. The Bollinger Bands Narrowing and KDJ Death Cross indicators indicate a potential downward trend in the stock price. Investors should monitor these indicators and consider the potential impact on their investment decisions.

References:
[1] https://www.marketbeat.com/instant-alerts/filing-nations-financial-group-inc-ia-adv-sells-3052-shares-of-wec-energy-group-inc-nysewec-2025-08-16/
[2] https://www.marketbeat.com/instant-alerts/filing-public-sector-pension-investment-board-grows-position-in-wec-energy-group-inc-nysewec-2025-08-14/

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