DTE ENERGY COMPANY (DTE) Stock Technical Analysis
NYSE:DTE - New York Stock Exchange, Inc. - US2333311072 - Common Stock - Currency: USD
Overall DTE gets a technical rating of 10 out of 10. 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.
The long and short term trends are both positive. This is looking good!
Looking at the yearly performance, DTE did better than 87% of all other stocks. We also observe that the gains produced by DTE over the past year are nicely spread over this period.
DTE is one of the better performing stocks in the Multi-Utilities industry, it outperforms 83% of 25 stocks in the same industry.
DTE is currently trading in the upper part of its 52 week range. The market is still in the middle of its 52 week range, so DTE slightly outperforms the market at the moment.
In the last month DTE has a been trading in the 126.71 - 139.53 range, which is quite wide. It is currently trading near the high of this range.
DTE has an average volume of 1587550 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
DTE has an excellent technical rating and also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. A pullback is taking place, which may present a nice opportunity for an entry. There is a support zone below the current price at 134.80, a Stop Loss order could be placed below this zone.
More info and screens
115.86
140.90
We found 3 important support areas.
- A support zone ranging from 131.67 to 134.80. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @126.25 from a trend line in the weekly time frame.
- A support zone ranging from 117.03 to 118.79. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 2 important resistance areas.
- A resistance zone ranging from 136.51 to 137.12. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @139.50 from a horizontal line in the daily time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS87.81
Mansfield1
10 Day High139.53
10 Day Low133.06
20 Day High139.53
20 Day Low126.71
52 Week High140.39
52 Week Low108.4
Performance
1 Week-0.1%
2 Weeks-0.93%
1 Month3.98%
3 Month10.6%
6 Month15.2%
12 Month17.51%
2 Year26.12%
3 Year2.26%
5 Year48.25%
10 Year101.28%
15 Year250.41%
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)
Technical Indicators
MACD(12,26,9)0.16
RSI(14)51.77
LBB133.1
UBB139.16
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 |
|---|---|---|---|
| 137.13 | 133.05 | 4.08 (2.98%) | 25.00% |
| An entry @137.13. This is a Buy Stop order right above the resistance zone. | An exit @133.05. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 4.08 points, which is 2.98%. | For a 0.74% total portfolio risk, you can invest 25.00% of your capital in this trade. |
- The distance between exit and entry is rather small compared to the average daily movement of DTE. Please evaluate whether better entry and exit points can be found.
- 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.
135.71
-2.9 (-2.09%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorUtilities
GICS IndustryMulti-Utilities
Performance
% Chg-2.09%
1 Week-0.1%
2 Weeks-0.93%
1 Month3.98%
3 Month10.6%
6 Month15.2%
12 Month17.51%
2 Year26.12%
3 Year2.26%
5 Year48.25%
10 Year101.28%
15 Year250.41%
Volatility
ATR(14)2.87
ATR(20)%2.19%
ATR Inc-9.8%
Range Today2.91
ADR(20)2.84
ADR(20)%2.09%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS87.81
Mansfield1
10 Day High139.53
10 Day Low133.06
20 Day High139.53
20 Day Low126.71
52 Week High140.39
52 Week Low108.4
CS1 End134.8
CR1 Start136.51
Volume & EV
DER(3)-2.33%
DER(5)-2.16%
Volume1.40M
Volume Incr-33.83%
Vol(5)1.19M
Vol(50)1.59M