Technical Analysis for DTE - DTE Energy Company

Grade Last Price % Change Price Change
B 116.17 -0.37% -0.43
DTE closed down 0.15 percent on Friday, May 17, 2024, on 68 percent of normal volume. The stock exhibited some range contraction during this trading session as price made an NR7 -- narrowest range of the last seven sessions. Note that the stock is in overbought territory based on its Slow Stochastic indicator (14, 3, 3) -- so don't be surprised if it goes sideways or a pulls back.
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Trend Table & Recent EOD Trading Signals

ADX Long Term Intermediate Term Short Term
Weak or Absent Up Up Up

Date Alert Name Type % Chg
NR7 Range Contraction -0.37%
Narrow Range Bar Range Contraction -0.37%
Inside Day Range Contraction -0.37%
Overbought Stochastic Strength -0.37%
New 52 Week Closing High Bullish -0.52%
New 52 Week High Strength -0.52%
Overbought Stochastic Strength -0.52%
NR7 Range Contraction 0.07%
Stochastic Reached Overbought Strength 0.07%
Gapped Up Strength 0.07%

   Recent Intraday Alerts

Alert Time
Rose Above Previous Day's High about 7 hours ago
New 52 Week High about 7 hours ago
Outside Day about 7 hours ago
Fell Below Previous Day's Low about 7 hours ago
Possible NR7 3 days ago

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Profile

DTE Energy Company Description

DTE Energy Company, together with its subsidiaries, operates as an energy company. The company's Electric segment engages in the generation, purchase, distribution, and sale of electricity to approximately 2.1 million residential, commercial, and industrial customers in southeastern Michigan. It generates electricity from fossil-fuel, hydroelectric pumped storage, and nuclear plants, as well as wind and other renewable assets. This segment owns and operates approximately 671 distribution substations; and approximately 430,600 line transformers. Its Gas segment is involved in the purchase, storage, transportation, distribution, and sale of natural gas, as well as the sale of storage and transportation capacity. This segment has approximately 19,000 miles of distribution mains, approximately 1,173,000 service pipelines, and approximately 1,309,000 active meters; and owns approximately 2,000 miles of transmission pipelines. This segment supplies natural gas to approximately 1.2 million residential, commercial, and industrial customers throughout Michigan, as well as to approximately 17,000 customers in Adrian, Michigan. The company's Gas Storage and Pipelines segment controls 2 natural gas storage fields, and intrastate lateral and intrastate gathering pipeline systems, as well as has ownership interests in 2 interstate pipelines serving the Midwest, Ontario, and northeast markets. Its Power and Industrial Projects segment consists of onsite energy, wholesale power and renewables, and reduced emissions fuel projects, as well as steel, steel industry fuel, and petroleum coke projects. The company's Energy Trading segment engages in physical and financial power, gas, and coal marketing and trading; structured transactions; and optimization of contracted natural gas pipeline transportation and storage, and generating capacity positions. DTE Energy Company was founded in 1995 and is headquartered in Detroit, Michigan.


Classification

Sector: Utilities
Industry: Utilities - Regulated Electric
Keywords: S&P 500 Natural Gas Electricity Steel Natural Gas Storage Transformer Pipeline Systems Coke Pipeline Transport Gas Storage Fields Steel Industry Transportation Capacity Natural Gas Storage Fields Pipeline Transportation Energy Trading Natural Gas Pipeline Transportation Vector Pipeline

Is DTE a Buy, Sell or Hold?

Indicator Bull Case Neutral / Hold Bear Case
50 DMA
200 DMA
ADX Trend
Oversold / Overbought
Relative Strength

Indicators

Indicator Value
52 Week High 117.17
52 Week Low 88.4893
Average Volume 1,158,002
200-Day Moving Average 104.75
50-Day Moving Average 110.54
20-Day Moving Average 113.08
10-Day Moving Average 115.19
Average True Range 1.74
RSI (14) 67.11
ADX 22.37
+DI 26.59
-DI 13.06
Chandelier Exit (Long, 3 ATRs) 111.96
Chandelier Exit (Short, 3 ATRs) 110.25
Upper Bollinger Bands 117.89
Lower Bollinger Band 108.26
Percent B (%b) 0.87
BandWidth 8.52
MACD Line 1.97
MACD Signal Line 1.63
MACD Histogram 0.3406
Fundamentals Value
Market Cap 24.07 Billion
Num Shares 206 Million
EPS 6.76
Price-to-Earnings (P/E) Ratio 17.25
Price-to-Sales 1.69
Price-to-Book 1.95
PEG Ratio 1.75
Dividend 3.88
Dividend Yield 3.33%
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 117.77
Resistance 3 (R3) 117.75 117.35 117.58
Resistance 2 (R2) 117.35 117.05 117.36 117.51
Resistance 1 (R1) 116.97 116.86 116.77 116.99 117.44
Pivot Point 116.57 116.57 116.47 116.58 116.57
Support 1 (S1) 116.19 116.27 115.99 116.21 115.76
Support 2 (S2) 115.79 116.08 115.80 115.69
Support 3 (S3) 115.41 115.79 115.63
Support 4 (S4) 115.43