DOMINION ENERGY INC (D) Stock Technical Analysis
USA • New York Stock Exchange • NYSE:D • US25746U1097
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 and short term trends are both positive. This is looking good!
- A new 52 week high is currently being made by D, which is a very good signal! However, this is in line with the S&P500, which is also trading near new highs.
- In the last month D has a been trading in the 57.47 - 63.43 range, which is quite wide. It is currently trading near the high of this range.
- D has an average volume of 6378000 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 58% of all stocks.
- D is part of the Multi-Utilities industry. There are 26 other stocks in this industry, D did better than 68% of them.
D has an excellent technical rating, but the quality of the setup is only medium at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
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52.86
2 important support areas can be observed.
- A support zone ranging from 56.83 to 62.10. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @53.39 from a horizontal line in the weekly time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 62.78 to 62.78. 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 | UP | POSITIVE | The short term trend for D is up. |
| ChartMill Relative Strength | 58.87 | 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) | UP | POSITIVE | The current price of D is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 63.08 | NEUTRAL | The RSI value for D is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.23 | POSITIVE | The MACD value suggests D has a positive trend. |
| Stochastics (14,3) | 83.51 | OVERBOUGHT | The high Stochastics value suggests D may be overbought. |
| Average True Range in percent/ATR (20) | 1.99 | LOW VOLATILITY | The low ATR as a percentage value for D suggests low volalility. |
| Average Directional Index/ADX (14) | 16.68 | NEGATIVE | The low ADX value for D suggests a weak or negative trend. |
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 |
|---|---|---|---|
| 62.79 | 59.52 | 3.27 (5.21%) | 19.20% |
| An entry @62.79. This is a Buy Stop order right above the resistance zone. | An exit @59.52. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 3.27 points, which is 5.21%. | For a 1.00% total portfolio risk, you can invest 19.20% 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.
62.33
-0.19 (-0.3%)
DOMINION ENERGY INC / D FAQ
What is the ChartMill technical rating of DOMINION ENERGY INC (D) stock?
ChartMill assigns a technical rating of 7 / 10 to D.
What is the trend direction for D stock?
The current trend direction for DOMINION ENERGY INC (D) is Bullish.
Can you provide the RSI signal for DOMINION ENERGY INC?
DOMINION ENERGY INC (D) has an RSI value of 63.0821. This indicates that the stock is currently neutral.
Can you provide the MACD signal for DOMINION ENERGY INC?
The MACD indicator for DOMINION ENERGY INC (D) has a value of 0.230188, indicating a bearish trend.
Can you provide the buy/sell signal for DOMINION ENERGY INC?
The buy/sell signal for DOMINION ENERGY INC (D) is buy as both the short term and long term trends are positive.