|
|
Archive - 10/2/2026 - Sign In to see current Signals. |
DTE Energy Co. (DTE) Technical Analysis
|
 |
| Summary:
| | Weekly :     | | Daily :    Move cursor over the icon to see details.
| | It was a first positive week after 3 consecutive negative weeks for the DTE Energy Co. (DTE). During the week, the DTE gained 3.01 points, or 2.48%, and closed at 124.45 on Friday, October 2, 2026. It was the best weekly gain since June 26, 2026. Weekly volume was 61% above average. DTE is a member of Utilities Sector. Utilities is the most oversold sector. Sector/industry rotation is considered a proven strategy to beat the market. Use the following links to find overbought/oversold technical indicators by Sector or by Industry.
Long-term trend: [See DTE long-term trend chart] A long-term downtrend had started on July 7, 2026 at 155.75 and reached 119.68 on September 29, 2026. DTE lost 36.07 points, or 23.16%, in 12 weeks. The chart has formed a Falling Wedge chart pattern. The downtrend support line (132.50) is broken. Usually a broken support is considered to be a long-term bearish signal, although a short-term pull back is possible. Use the following links to access Trend Support/Resistance Help, or use the Technical Stock Screener to see the list of stocks with broken trend support in a long-term trend.
Medium-term trend: [See DTE medium-term trend chart] A medium-term downtrend had started on September 8, 2026 at 138.01 and reached 119.68 on September 29, 2026. DTE lost 18.33 points, or 13.28%, in 3 weeks. The chart has formed a Broadening Descending Wedge chart pattern. The trend support level is at 116.40 and resistance is at 128.92. A Broadening Descending Wedge pattern is considered to be a reversal formation. It usually appears in a mature trend, characterized by overbought/oversold long-term and short-term indicators, and often generates divergence on long-term indicators. Use the following link to access a Broadening Descending Wedge chart pattern help, or use a Technical Stock Screener to see the list of stocks with Broadening Descending Wedge pattern in a medium-term trend.
Weekly Technical Indicators: [See DTE weekly technical indicators chart] Weekly Relative Strength Index and Williams' Percentage Range are oversold while Lane's Stochastic is strongly oversold. Use the Technical Stock Screener to see the list of stocks with oversold weekly Relative Strength Index and Williams' Percentage Range or strongly oversold weekly Lane's Stochastic. During the last week, weekly Lane's Stochastic main line (%K) has rallied above the oversold signal line (%D). Such crossover is considered a bullish signal. Oscillators are designed to signal a possible trend reversal. They can act as alerts and should be taken in conjunction with other technical analysis tools. Oscillators can be used to confirm other technical signals. Use the following links to access Lane's Stochastic, Relative Strength Index and Williams' Percentage Range help. The weekly MACD line is below its signal line since July 24, 2026. This is an indication that the medium-term trend is down. The distance between MACD and the signal line is near its high and getting bigger. It indicates that the current medium-term downtrend is strong. Use the following link to access a MACD help.
Short-term trend: [See DTE short-term trend chart] A short-term uptrend had started on September 29, 2026 at 119.68 and reached 125.36 on October 2, 2026. DTE gained -5.68 points, or -4.75%, in 3 days. The price is now at the 16.02% retracement level.
Daily Technical Indicators: [See DTE daily technical indicators chart] Daily technical indicators are neutral. During the last week, daily Lane's Stochastic signal line (%D) has moved above oversold area. Such crossover is considered a bullish signal. During the last week, daily MACD line has moved above its signal line. Such crossover is considered a bullish signal. During the last week, the price has risen above the Parabolic SAR (stop and reversal). A Parabolic SAR below the price is a bullish signal, and it indicates that momentum is likely to remain in the upward direction. A Parabolic SAR is used as a trailing stop loss for long or short positions. It works best during strong trending periods. Use the following links to access Parabolic SAR Help, or use the Technical Stock Screener to see the list of stocks with the Parabolic SAR close to the price level. The distance between the Bollinger Bands is 137.39% higher then one year average. It indicates the period of high volatility of the stock price. The Bollinger Bands are often used with a non-oscillator indicator like chart patterns or a trendline. The signals are considered more reliable if these indicators confirm the recommendation of the Bollinger Bands. Use the following links to access the Bollinger Bands Help, or use the Technical Stock Screener to see the list of stocks with the price above the Upper Bollinger Band or below the Lower Bollinger Band.
| |
|
|