Exelon - Chart Analysis

Ticker Symbol: EXC

Exelon Chart Analysis

Support

In a choppy last several months of trading, Exelon has found and broken through support multiple times. On October 22nd, Exelon tried and failed to hold support (Established October 15th). Following volatile moves at the end of October, Exelon held support at about $50.60 multiple times in November. EXC finally broke support after November 19th and, after a big move higher at the end of the month, re-established support above $51 and $53.

Resistance

Exelon hit resistance on October 28th (Established on October 17th/20th) and again on October 30th. EXC was able to temporarily break resistance on November 4th but couldn't hold above. Following downdrafts on November 19th and 20th, EXC rebounded and hit resistance above $55 multiple times in December.

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