DOMINION ENERGY INC (D) Stock Technical Analysis
NYSE:D - US25746U1097 - Common Stock
59.81 USD
-0.53 (-0.88%)
59.84 USD
+0.03 (+0.05%)
We assign a technical rating of 7 out of 10 to D. This is due to a decent performance in both the short and medium term time frames. Compared to the overall market, D is only an average performer.
The long term trend is positive and the short term trend is neutral. The long term trend gets the benefit of the doubt for now.
D is one of the better performing stocks in the Multi-Utilities industry, it outperforms 79% of 25 stocks in the same industry.
D is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so D is lagging the market slightly.
D has an average volume of 5201020 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
When comparing the performance of all stocks over the past year, D turns out to be only a medium performer in the overall market: it outperformed 53% of all stocks.
In the last month D has a been trading in a tight range between 59.05 and 62.46.
Besides having an excellent technical rating, D also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. A pullback is taking place, which may present a nice opportunity for an entry. There is a support zone below the current price at 58.88, a Stop Loss order could be placed below this zone.
More info and screens
52.19
62.73
3 important support areas can be observed.
- A support zone ranging from 58.05 to 58.88. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 55.91 to 56.24. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 52.72 to 53.76. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 60.77 to 62.11. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | UP | POSITIVE | The long term trend for D is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for D is neutral. |
| ChartMill Relative Strength | 53.48 | NEUTRAL | D is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of D is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of D is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of D is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 47.91 | NEUTRAL | The RSI value for D is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.32 | NEGATIVE | The MACD value suggests D has a negative trend. |
| Stochastics (14,3) | 24.46 | NEUTRAL | The Stochastics value for D is a neutral value. |
| Average True Range in percent/ATR (20) | 1.77 | LOW VOLATILITY | The low ATR as a percentage value for D suggests low volalility. |
| Average Directional Index/ADX (14) | 21.68 | NEUTRAL | The ADX value for D suggests a possible start of a new trend. |
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 60.78 | 59.18 | 1.60 (2.63%) | 25.00% |
| An entry @60.78. This is a Buy Stop order right above the 10 day moving average. | An exit @59.18. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 1.60 points, which is 2.63%. | For a 0.66% total portfolio risk, you can invest 25.00% of your capital in this trade. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
59.81
-0.53 (-0.88%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorUtilities
GICS IndustryMulti-Utilities
Performance
% Chg-0.88%
1 Week-2.35%
2 Weeks-2.24%
1 Month2.33%
3 Month5.54%
6 Month5.63%
12 Month6.99%
2 Year23.22%
3 Year-26.88%
5 Year-23.75%
10 Year-14.25%
15 Year39.97%
Volatility
ATR(14)0.96
ATR(20)%1.77%
ATR Inc-32.46%
Range Today0.69
ADR(20)0.98
ADR(20)%1.64%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS53.48
Mansfield-0.39
10 Day High62.46
10 Day Low59.19
20 Day High62.46
20 Day Low59.05
52 Week High62.46
52 Week Low48.07
CS1 End58.88
CR1 Start60.77
Volume & EV
DER(3)-0.68%
DER(5)-2.92%
Volume3.77M
Volume Incr17.29%
Vol(5)5.55M
Vol(50)5.20M