DTE ENERGY COMPANY (DTE) Stock Technical Analysis
NYSE:DTE - US2333311072 - Common Stock
138.42 USD
-1.52 (-1.09%)
138.42 USD
0 (0%)
We assign a technical rating of 6 out of 10 to DTE. Although DTE is only a medium performer in the overall market, the technical picture looks good in both the medium and short term time frames.
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.
DTE is part of the Multi-Utilities industry. There are 25 other stocks in this industry. DTE outperforms 75% of them.
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 1381990 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, DTE turns out to be only a medium performer in the overall market: it outperformed 54% of all stocks.
In the last month DTE has a been trading in a tight range between 134.60 and 142.05.
DTE has an average technical rating and also 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.
More info and screens
116.61
142.92
When analyzing the support we can see 3 important areas.
- A support zone ranging from 130.25 to 137.16. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @127.39 from a horizontal line in the daily time frame.
- Support @117.79 from a horizontal line in the weekly time frame.
We found 1 important resistance area.
- A resistance zone ranging from 138.61 to 141.50. 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 | 54.33 | NEUTRAL | DTE is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of DTE is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of DTE is above the rising 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) | 49.65 | NEUTRAL | The RSI value for DTE is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.26 | NEGATIVE | The MACD value suggests DTE has a negative trend. |
| Stochastics (14,3) | 45.59 | NEUTRAL | The Stochastics value for DTE is a neutral value. |
| Average True Range in percent/ATR (20) | 1.61 | LOW VOLATILITY | The low ATR as a percentage value for DTE suggests low volalility. |
| Average Directional Index/ADX (14) | 16.9 | NEGATIVE | The low ADX value for DTE 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)
138.42
-1.52 (-1.09%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorUtilities
GICS IndustryMulti-Utilities
Performance
% Chg-1.09%
1 Week0.74%
2 Weeks-1.07%
1 Month0.78%
3 Month1.3%
6 Month3.53%
12 Month10.72%
2 Year33.89%
3 Year6.2%
5 Year37.07%
10 Year108.37%
15 Year247.18%
Volatility
ATR(14)1.85
ATR(20)%1.61%
ATR Inc38.81%
Range Today1.22
ADR(20)2.16
ADR(20)%1.56%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS54.33
Mansfield-0.23
10 Day High142.05
10 Day Low137.4
20 Day High142.05
20 Day Low134.6
52 Week High142.05
52 Week Low115.59
CS1 End137.16
CR1 Start138.61
Volume & EV
DER(3)-2.89%
DER(5)-3.04%
Volume987.90K
Volume Incr-24.43%
Vol(5)1.00M
Vol(50)1.38M