DTE ENERGY COMPANY (DTE) Technical Analysis
NYSE:DTE • US2333311072
Current stock price
DTE Technical Rating and Analysis
Taking everything into account, DTE scores 6 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 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 one of the better performing stocks in the Multi-Utilities industry, it outperforms 72% of 26 stocks in the same industry.
- DTE has an average volume of 1590560 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 66% of all stocks.
- DTE is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so DTE is lagging the market slightly.
- In the last month DTE has a been trading in the 141.42 - 150.74 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
DTE Weekly and Daily overview Charts
DTE Setup Rating and Analysis
DTE has only a medium technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. A pullback is taking place, which may present a nice opportunity for an entry. There is a support zone below the current price at 142.82, a Stop Loss order could be placed below this zone.
More info and screens
DTE Support and Resistance Analysis
126.35
We found 3 important support areas.
- A support zone ranging from 140.80 to 142.82. 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 130.93. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 127.63 to 127.63. 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 150.14 to 150.14. This zone is formed by a combination of multiple trend lines in multiple time frames.
DTE Technical Indicator Signal Analysis
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 | 66.1 | 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) | 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) | 45.63 | NEUTRAL | The RSI value for DTE is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -1.12 | NEGATIVE | The MACD value suggests DTE has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 17.15 | OVERSOLD | The low Stochastics value suggests DTE may be oversold. |
| Average True Range in percent/ATR (20) | 1.89 | LOW VOLATILITY | The low ATR as a percentage value for DTE suggests low volalility. |
| Average Directional Index/ADX (14) | 26.3 | POSITIVE | The high ADX value value for DTE suggests a strong trend. |
DTE Chart- and CandleStick Pattern Analysis
DTE Example Setup
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 |
|---|---|---|---|
| 146.07 | 141.41 | 4.66 (3.19%) | 25.00% |
| An entry @146.07. This is a Buy Stop order right above the 10 day moving average. | An exit @141.41. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 4.66 points, which is 3.19%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.80%. |
- 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.
DTE Technicals: Chart, Performance Metrics, Trend & Indicators
143.45
+0.13 (+0.09%)
DTE ENERGY COMPANY / DTE TA FAQ
What is the ChartMill technical rating of DTE ENERGY COMPANY (DTE) stock?
ChartMill assigns a technical rating of 6 / 10 to DTE.
What is the current trend direction of DTE ENERGY COMPANY (DTE) stock?
The current trend direction for DTE ENERGY COMPANY (DTE) is Bullish.
Can you provide the RSI signal for DTE ENERGY COMPANY?
DTE ENERGY COMPANY (DTE) has an RSI value of 45.6342. This indicates that the stock is currently neutral.
Can you provide the support and resistance levels for DTE ENERGY COMPANY?
DTE ENERGY COMPANY (DTE) has a support level at 142.82 and a resistance level at 150.14. Check the full technical report for our detailed analysis of DTE support and resistance levels.