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DTE ENERGY COMPANY (DTE) Stock Technical Analysis

NYSE:DTE - New York Stock Exchange, Inc. - US2333311072 - Common Stock

121.47  -2.42 (-1.95%)

Technical Rating and Analysis

5

We assign a technical rating of 5 out of 10 to DTE. In the past year, DTE was only an average performing stock in the market. The medium term picture is unclear, although we see some positive events in recent action.

The short term trend is positive, while the long term trend is neutral. So this is evolving in the right direction.
In the last month DTE has a been trading in the 116.65 - 125.60 range, which is quite wide. It is currently trading in the middle of this range where prices have been consolidating recently, this may present a good entry opportunity, but some resistance may be present above.
DTE has an average volume of 1352730 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 64% of all stocks.
DTE is part of the Multi-Utilities industry. There are 25 other stocks in this industry, DTE did better than 62% of them.
DTE is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so DTE is lagging the market.
Weekly and Daily overview Charts
DTE ENERGY COMPANY / DTE Weekly stock chart
DTE ENERGY COMPANY / DTE Daily stock chart
Setup Rating and Analysis

7

DTE has only a medium 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 122.24, a Stop Loss order could be placed below this zone. Another positive sign is the recent Pocket Pivot signal.

  • A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
Support and Resistance Analysis

115.01

131.29

We found 1 important support area.

  • A support zone ranging from 116.17 to 121.27. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.

We can see 2 important resistance areas.

  • Resistance @126.32 from a horizontal line in the daily time frame.
  • A resistance zone ranging from 128.90 to 129.99. This zone is formed by a combination of multiple trend lines in multiple time frames.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS64.41
Mansfield-0.35
10 Day High125.6
10 Day Low116.76
20 Day High125.6
20 Day Low116.65
52 Week High131.67
52 Week Low102.78
Performance
1 Week4.8%
2 Weeks1.9%
1 Month5.41%
3 Month-2.12%
6 Month4.82%
12 Month19.6%
2 Year6.46%
3 Year2.87%
5 Year9.78%
10 Year62.37%
15 Year246.29%
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)0.5
RSI(14)60.9
LBB117.7
UBB124.14
DTE ENERGY COMPANY / DTE Daily stock chart

DTE ENERGY COMPANY

NYSE:DTE (1/22/2025, 11:33:58 AM)

121.47

-2.42 (-1.95%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorUtilities
GICS IndustryMulti-Utilities
Performance
% Chg-1.95%
1 Week4.8%
2 Weeks1.9%
1 Month5.41%
3 Month-2.12%
6 Month4.82%
12 Month19.6%
2 Year6.46%
3 Year2.87%
5 Year9.78%
10 Year62.37%
15 Year246.29%
Volatility
ATR(14)2.08
ATR(20)%1.66%
ATR Inc-5.56%
Range Today2.19
ADR(20)1.99
ADR(20)%1.64%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS64.41
Mansfield-0.35
10 Day High125.6
10 Day Low116.76
20 Day High125.6
20 Day Low116.65
52 Week High131.67
52 Week Low102.78
CS1 End122.24
CR1 Start126.32
Volume & EV
DER(3)-0.07%
DER(5)-0.26%
Volume173.75K
Volume Incr-22.07%
Vol(5)895.24K
Vol(50)1.35M