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WEC Crosses Below Key Moving Average Level

By Market News Video Staff, Tuesday, October 4, 11:11 AM ET
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In trading on Tuesday, shares of Wisconsin Energy Corp. (NYSE:WEC) crossed below their 200 day moving average of $30.46, changing hands as low as $30.18 per share. Wisconsin Energy Corp. shares are currently trading off about 2.3% on the day. The chart below shows the one year performance of WEC shares, versus its 200 day moving average:

Wisconsin Energy Corp. 200 Day Moving Average Chart

Looking at the chart above, WEC's low point in its 52 week range is $27.00 per share, with $32.49 as the 52 week high point — that compares with a last trade of $30.38.

According to the ETF Finder at ETF Channel, WEC makes up 1.76% of the Utilities Select Sector SPDR Fund ETF (AMEX:XLU) which is trading lower by about 2% on the day Tuesday.

     See what other ETFs contain WEC »
     See what other stocks are held by XLU »

WEC operates in the Electric Utilities sector, among companies like Southern Company (NYSE:SO) which is off about 1.8% today, and Companhia Energetica de Minas Gerais - CEMIG (NYSE:CIG) trading lower by about 0.9%. Below is a three month price history chart comparing the stock performance of WEC, versus SO and CIG.

WEC,SO,CIG Relative Performance Chart


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