DOMINION ENERGY INC (D) Stock Technical Analysis
NYSE:D - New York Stock Exchange, Inc. - US25746U1097 - Common Stock - Currency: USD
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 has an average volume of 5849450 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
When compared to the yearly performance of all other stocks, D outperforms 56% of them, which is more or less in line with the market.
D is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so D is lagging the market.
In the last month D has a been trading in the 53.36 - 58.32 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Considerably lower volume is observed in the last couple of days.
D has an excellent technical rating and also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is a support zone below the current price at 56.19, a Stop Loss order could be placed below this zone.
More info and screens
52.19
60.53
When analyzing the support we can see 2 important areas.
- A support zone ranging from 55.24 to 56.19. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 52.72 to 53.81. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 2 important resistance areas.
- A resistance zone ranging from 57.11 to 57.43. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A resistance zone ranging from 59.70 to 59.93. This zone is formed by a combination of multiple trend lines 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 | 56.05 | NEUTRAL | D is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of D is above 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) | DOWN | MIXED | The current price of D is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 51.6 | NEUTRAL | The RSI value for D is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.06 | POSITIVE | The MACD value suggests D has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 65.05 | NEUTRAL | The Stochastics value for D is a neutral value. |
| Average True Range in percent/ATR (20) | 2.01 | MEDIUM VOLATILITY | The ATR as a percentage value for D suggests some volalility. |
| Average Directional Index/ADX (14) | 14.05 | NEGATIVE | The low ADX value for D suggests a weak or negative 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 |
|---|---|---|---|
| 57.44 | 55.35 | 2.09 (3.64%) | 25.00% |
| An entry @57.44. This is a Buy Stop order right above the resistance zone. | An exit @55.35. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 2.09 points, which is 3.64%. | For a 0.91% 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.
56.55
-0.65 (-1.14%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorUtilities
GICS IndustryMulti-Utilities
Performance
% Chg-1.14%
1 Week0.41%
2 Weeks0.05%
1 Month1.87%
3 Month6.36%
6 Month2.3%
12 Month10%
2 Year5.6%
3 Year-31.02%
5 Year-30.21%
10 Year-21.13%
15 Year34.67%
Volatility
ATR(14)1.11
ATR(20)%2.01%
ATR Inc-19.29%
Range Today0.92
ADR(20)1.1
ADR(20)%1.95%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS56.05
Mansfield-0.58
10 Day High58.32
10 Day Low55.36
20 Day High58.32
20 Day Low53.36
52 Week High61.97
52 Week Low48.07
CS1 End56.19
CR1 Start57.11
Volume & EV
DER(3)1.63%
DER(5)2.65%
Volume2.99M
Volume Incr-46.3%
Vol(5)3.50M
Vol(50)5.85M