DTE ENERGY COMPANY (DTE) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:DTE - US2333311072 - Common Stock
We assign a technical rating of 0 out of 10 to DTE. DTE scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
DTE has a bad technical rating, but it does show 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 128.84, a Stop Loss order could be placed below this zone.
More info and screens
126.12
We found 1 important support area.
- A support zone ranging from 127.39 to 128.84. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
We can see 3 important resistance areas.
- A resistance zone ranging from 133.79 to 137.11. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Strong resistance @139.49 from a horizontal line in the daily time frame.
- A resistance zone ranging from 141.96 to 143.33. 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 | DOWN | NEGATIVE | The long term trend for DTE is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for DTE is down. |
| ChartMill Relative Strength | 37.18 | NEUTRAL | DTE is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of DTE is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of DTE is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of DTE is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 38.64 | NEUTRAL | The RSI value for DTE is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.12 | POSITIVE | The MACD value suggests DTE has a positive trend. |
| Stochastics (14,3) | 39.42 | NEUTRAL | The Stochastics value for DTE is a neutral value. |
| Average True Range in percent/ATR (20) | 1.46 | LOW VOLATILITY | The low ATR as a percentage value for DTE suggests low volalility. |
| Average Directional Index/ADX (14) | 38.69 | POSITIVE | The high ADX value value for DTE suggests a strong trend. |
129.05
+0.26 (+0.2%)
DTE ENERGY COMPANY / DTE FAQ
What is the ChartMill technical rating of DTE ENERGY COMPANY (DTE) stock?
ChartMill assigns a technical rating of 0 / 10 to DTE.
What is the trend direction for DTE stock?
The current trend direction for DTE ENERGY COMPANY (DTE) is Bearish.
Can you provide the RSI signal for DTE ENERGY COMPANY?
DTE ENERGY COMPANY (DTE) has an RSI value of 38.6431. This indicates that the stock is currently neutral.
Can you provide the short term momentum for DTE ENERGY COMPANY?
The short term momentum for DTE ENERGY COMPANY (DTE) is negative.
What is the buy/sell signal for DTE ENERGY COMPANY (DTE) stock?
The buy/sell signal for DTE ENERGY COMPANY (DTE) is sell as both the short term and long term trends are negative.