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Is XEL compressing before expansion? Bollinger Band Squeeze shows up after dropping 0.41%
XEL posted a 0.41% loss on Tuesday, July 28th, accompanied by 1.2× normal trading volume. The session formed a Bollinger Band Squeeze, often signaling a possible continuation. Key support levels exist at 79.57, 78.76 & 77.26, with resistance at 81.88, 83.38 & 84.19.
Current SwingTradeBot Technical Rating of XEL: A
There’s more where that came from. See all of today’s signals for XEL here.
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