DTE ENERGY COMPANY (DTE) Stock Technical Analysis
USA - NYSE:DTE - US2333311072 - Common Stock
140.45 USD
+0.38 (+0.27%)
138.16 USD
-2.29 (-1.63%)
We assign a technical rating of 8 out of 10 to DTE. Both in the recent history as in the last year, DTE has proven to be a steady performer, scoring decent points in every aspect analyzed.
Both the short term and long term trends are positive. This is a very positive sign.
When comparing the yearly performance of all stocks, we notice that DTE is one of the better performing stocks in the market, outperforming 70% of all stocks.
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 near its 52 week high, which is a good sign. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
In the last month DTE has a been trading in the 133.98 - 143.79 range, which is quite wide. It is currently trading near the high of this range.
DTE has an average volume of 1051570 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Although DTE has an excellent technical rating, the quality of the presented setup is not ideal 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
128.52
143.84
We found 2 important support areas.
- A support zone ranging from 135.24 to 138.71. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 129.82 to 131.61. 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 140.46 to 142.42. 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 | UP | POSITIVE | The short term trend for DTE is up. |
| ChartMill Relative Strength | 70.7 | POSITIVE | DTE has a high relative strength, it outperformed 70.7% off all stocks 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) | 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) | 55.73 | NEUTRAL | The RSI value for DTE is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.19 | POSITIVE | The MACD value suggests DTE has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 63 | NEUTRAL | The Stochastics value for DTE is a neutral value. |
| Average True Range in percent/ATR (20) | 1.41 | LOW VOLATILITY | The low ATR as a percentage value for DTE suggests low volalility. |
| Average Directional Index/ADX (14) | 21.42 | 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)
140.45
+0.38 (+0.27%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorUtilities
GICS IndustryMulti-Utilities
Performance
% Chg0.27%
1 Week0.31%
2 Weeks0.82%
1 Month2.64%
3 Month4.91%
6 Month8.19%
12 Month12.48%
2 Year45.73%
3 Year25.28%
5 Year33.72%
10 Year102.28%
15 Year252.95%
Volatility
ATR(14)2.06
ATR(20)%1.41%
ATR Inc30.52%
Range Today2.24
ADR(20)1.87
ADR(20)%1.33%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS70.7
Mansfield-0.18
10 Day High143.79
10 Day Low138.49
20 Day High143.79
20 Day Low133.98
52 Week High143.79
52 Week Low115.59
CS1 End138.71
CR1 Start140.46
Volume & EV
DER(3)-2.33%
DER(5)-2.45%
Volume1.02M
Volume Incr-3.59%
Vol(5)1.02M
Vol(50)1.05M