Exelon is seeing gains with the energy sector as oil moves higher this week. Price has formed a complex inverted H&S pattern with price recently coming up off a second right shoulder and is currently testing the neckline. Price is currently trading above all MAs(8,21,34,50,100,200) and the shorter MA's are crossing above the longer MAs indicating a shift to...
NASDAQ:EXC is coming to a strong resistance level at about 39.00. In the past, we often had reversals in this zone. After the big momentum, the probability of a correction is high.
Utilities name are usually not a go-to for swing traders as there is tendency of choppy price action around its MA, and low ATR%
$EXC however, behaves superbly as an utility stock with history of trading consecutive up days on several occasion in 2021 alone. ATH currently
Legendary investor Warren Buffett advises to be fearful when others are greedy, and be greedy when others are fearful. One way we can try to measure the level of fear in a given stock is through a technical analysis indicator called the Relative Strength Index, or RSI, which measures momentum on a scale of zero to 100. A stock is considered to be oversold if the...
On May 16, Exelon Corporation crossed below its 150 day moving average (DMA) and 200 DMA. One day prior, the stock crossed above both moving averages. A double cross above followed by an immediate cross down has occurred four times in the history of the stock. The double up/double down has resulted in a minimal loss of 0.283%, median loss of 4.644% and maximum...
On April 21, 2017, the Exelon Corporation ( EXC ) 20 day moving average (DMA) crossed below its 50 DMA and the 200 DMA crossed below the 250 DMA. Both crosses have never occurred on the same day before and both crosses do not always result in a drop for the stock. Historically the 20 has crossed below the 50 DMA 93 times with a median drop of 4.412% and maximum...
On March 31, 2017 the Exelon Corporation ( NYSE:EXC ) crossed above its 50 day MA for the fourth time in two weeks. Historically the 50 MA cross has occurred 348 times and the stock does not always rise. It has a median gain of 2.905 % and maximum gain of 18.413 % over the next 10 trading days.
When we take a look at other technical indicators, the relative...
