DTE ENERGY COMPANY (DTE) Stock Technical Analysis
NYSE:DTE - New York Stock Exchange, Inc. - US2333311072 - Common Stock - Currency: USD
Taking everything into account, DTE scores 5 out of 10 in our technical rating. In the last year, DTE was a medium performer in the overall market. The medium term is still looking fine, but we see some doubts in the very recent evolution.
The short term is neutral, but the long term trend is still positive. Not much to worry about for now.
DTE is one of the better performing stocks in the Multi-Utilities industry, it outperforms 75% of 25 stocks in the same industry.
DTE 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 DTE is lagging the market slightly.
DTE has an average volume of 1400510 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, DTE outperforms 50% of them, which is more or less in line with the market.
In the last month DTE has a been trading in the 129.10 - 140.21 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
DTE has an average technical rating and it also does not offer a high quality setup 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.
More info and screens
115.86
140.96
When analyzing the support we can see 4 important areas.
- A support zone ranging from 134.63 to 135.03. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 130.54 to 132.12. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @127.39 from a horizontal line in the daily time frame.
- A support zone ranging from 117.03 to 117.79. This zone is formed by a combination of multiple trend lines in multiple time frames.
We found 1 important resistance area.
- A resistance zone ranging from 137.59 to 139.56. 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 DTE is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for DTE is neutral. |
| ChartMill Relative Strength | 50.53 | NEUTRAL | DTE is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of DTE is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of DTE is above a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of DTE is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 49.75 | NEUTRAL | The RSI value for DTE is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.13 | POSITIVE | The MACD value suggests DTE has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 59.78 | NEUTRAL | The Stochastics value for DTE is a neutral value. |
| Average True Range in percent/ATR (20) | 1.67 | LOW VOLATILITY | The low ATR as a percentage value for DTE suggests low volalility. |
| Average Directional Index/ADX (14) | 21.59 | NEUTRAL | The ADX value for DTE 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)
135.38
-1.72 (-1.25%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorUtilities
GICS IndustryMulti-Utilities
Performance
% Chg-1.25%
1 Week-2.02%
2 Weeks0.86%
1 Month2.23%
3 Month-0.72%
6 Month12.93%
12 Month9.85%
2 Year18.44%
3 Year3.9%
5 Year37.58%
10 Year97.72%
15 Year244.63%
Volatility
ATR(14)2.2
ATR(20)%1.67%
ATR Inc88.75%
Range Today3.84
ADR(20)2.19
ADR(20)%1.62%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS50.53
Mansfield-0.33
10 Day High140.21
10 Day Low133.78
20 Day High140.21
20 Day Low129.1
52 Week High140.39
52 Week Low115.59
CS1 End135.03
CR1 Start137.59
Volume & EV
DER(3)-2.16%
DER(5)-2.14%
Volume2.01M
Volume Incr19.32%
Vol(5)1.76M
Vol(50)1.40M