Stock Price Prediction

Technical Analysis: Based on the technical indicators, XEL shows mixed signals. The RSI at 49.54 indicates a neutral position, neither overbought nor oversold. The MACD at -0.40 suggests a slightly bearish momentum. The stock is trading above its 200-day SMA of 60.51 but below its 20-day SMA of 66.33, indicating some short-term weakness within a longer-term uptrend.

News Impact: Recent significant developments include:

• Wells Fargo analyst Neil Kalton upgraded XEL to Buy with a price target of $72.00
• The company has been recognized for its solid dividend performance with an annualized dividend of $2.19 per share
• Notable ETF outflows have been detected for XEL, which could create some short-term selling pressure

Price Forecast: Based on Fibonacci levels:

• Resistance levels: R1 at 67.46, R2 at 68.73, R3 at 70.80
• Support levels: S1 at 63.33, S2 at 62.06, S3 at 60.00
• Pivot point: 65.40

Next Week's Price Prediction: Given the technical setup and recent analyst upgrade, XEL is likely to trade between $65.40-$67.46 next week. The stock shows potential for upward movement based on:

1. Recent analyst upgrade with $72 target
2. Strong dividend fundamentals
3. Trading above 200-day SMA

Trading Recommendation: BUY at current levels ($67.00) with:

• Initial target: $67.46 (Fibonacci R1)
• Stop loss: $65.40 (Fibonacci pivot)
• Secondary target: $68.73 (Fibonacci R2) if R1 breaks

The recommendation is supported by the recent analyst upgrade and strong dividend fundamentals, though traders should be mindful of the detected ETF outflows that could create short-term volatility.