What is the Market's View on Xcel Energy Inc (XEL) Stock's Price and Volume Trends Monday?

The market has been high on Xcel Energy Inc (XEL) stock recently. XEL gets a Bullish score from InvestorsObserver Stock Sentiment Indicator.

Xcel Energy Inc has a Bullish sentiment reading. Find out what this means for you and get the rest of the rankings on XEL!

See Full XEL Report

What is Stock Sentiment?

When making investment decisions, sentiment gives a good overview of what stocks investors currently favor. Sentiment incorporates short-term technical analysis into its score and does not encompass any fundamental analysis such as profitability of the company. This means that earnings updates and other news can greatly impact overall sentiment. Price action is generally the best indicator of sentiment. For a stock to go up, investors must feel good about it. Similarly, a stock that is in a downtrend must be out of favor. InvestorsObserver’s Sentiment Indicator considers price action and recent trends in volume. Increasing volumes often mean that a trend is strengthening, while decreasing volumes can signal that a reversal could come soon. The options market is another place to get signals about sentiment. Since options allow investors to place bets on the price of a stock, we consider the ratio of calls and puts for stocks where options are available.

What's Happening With XEL Stock Today?

Xcel Energy Inc (XEL) stock has fallen -0.69% while the S&P 500 is up 0.74% as of 3:44 PM on Monday, Nov 20. XEL has fallen -$0.42 from the previous closing price of $60.56 on volume of 4,228,242 shares. Over the past year the S&P 500 has gained 15.13% while XEL has fallen -12.42%. XEL earned $3.16 a per share in the over the last 12 months, giving it a price-to-earnings ratio of 19.01. To screen for more stocks like Xcel Energy Inc click here.

More About Xcel Energy Inc

Xcel Energy manages utilities serving 3.7 million electric customers and 2.1 million natural gas customers in eight states. Its utilities are Northern States Power, which serves customers in Minnesota, North Dakota, South Dakota, Wisconsin, and Michigan; Public Service Company of Colorado; and Southwestern Public Service Company, which serves customers in Texas and New Mexico. It is one of the largest renewable energy providers in the U.S. with nearly half of its electricity sales coming from carbon-free energy. Click Here to get the full Stock Report for Xcel Energy Inc stock.