DOMINION ENERGY INC (D) Stock Technical Analysis
USA - NYSE:D - US25746U1097 - Common Stock
Taking everything into account, D scores 6 out of 10 in our technical rating. 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.
Although the technical rating is only medium, D does present a nice setup opportunity. Prices have been consolidating lately. There is a support zone below the current price at 61.02, a Stop Loss order could be placed below this zone.
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52.19
When analyzing the support we can see 3 important areas.
- A support zone ranging from 59.67 to 61.02. 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 57.43. 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 61.07 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 | UP | POSITIVE | The short term trend for D is up. |
| ChartMill Relative Strength | 49.49 | 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) | DOWN | MIXED | The current price of D is above a declining 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) | 52.8 | NEUTRAL | The RSI value for D is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.06 | NEGATIVE | The MACD value suggests D has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 34.4 | NEUTRAL | The Stochastics value for D is a neutral value. |
| Average True Range in percent/ATR (20) | 1.59 | LOW VOLATILITY | The low ATR as a percentage value for D suggests low volalility. |
| Average Directional Index/ADX (14) | 8.27 | 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 |
|---|---|---|---|
| 62.12 | 60.08 | 2.04 (3.28%) | 25.00% |
| An entry @62.12. This is a Buy Stop order right above the resistance zone. | An exit @60.08. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 2.04 points, which is 3.28%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.82%. |
- 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.
61.06
+0.38 (+0.63%)
DOMINION ENERGY INC / D FAQ
What is the ChartMill technical rating of DOMINION ENERGY INC (D) stock?
ChartMill assigns a technical rating of 6 / 10 to D.
What is the current trend direction of DOMINION ENERGY INC (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 52.8001. This indicates that the stock is currently neutral.
What is the MACD signal for D stock?
The MACD indicator for DOMINION ENERGY INC (D) has a value of -0.0623236, indicating a bearish trend.
What is the short term momentum for D stock?
The short term momentum for DOMINION ENERGY INC (D) is positive.