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Electric Utilities Industry Stocks Technical Analysis - DArchive - 3/21/2025 - Sign In to see current Signals. |
Dominion Resources (D) Technical Analysis
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| Summary:
| | Weekly :  | | Daily : Move cursor over the icon to see details.
| | It was the negative week for the Dominion Resources (D). During the week, the D gave back -0.13 points, or -0.24%, and closed at 54.55 on Friday, March 21, 2025. Weekly volume was 25% above average. D is a member of Utilities Sector. Utilities is the most overbought 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 D long-term trend chart] A long-term downtrend had started on February 24, 2020 at 90.89 and reached 39.18 on October 23, 2023. D lost 51.71 points, or 56.89%, in 191 weeks. The chart has formed a Broadening Descending Wedge chart pattern. The trend support level is at 31.90 and resistance is at 85.89. 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 long-term trend.
Medium-term trend: [See D medium-term trend chart] A medium-term uptrend had started on October 23, 2023 at 39.18 and reached 61.97 on November 1, 2024. D gained -22.79 points, or -58.17%, in 53 weeks. The chart has formed a Rising Channel chart pattern. The uptrend support line (55.46) is broken. A broken support is considered to be a long-term bearish signal. 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 medium-term trend.
Weekly Technical Indicators: [See D weekly technical indicators chart] Weekly technical indicators are neutral. The weekly MACD line is below its signal line since November 8, 2024. The distance between MACD and the signal line is low, but getting bigger. Use the following link to access a MACD help.
Short-term trend: [See D short-term trend chart] A short-term uptrend had started on December 19, 2024 at 52.44 and reached 57.79 on February 27, 2025. D gained -5.35 points, or -10.20%, in 70 days. The chart has formed a Broadening Ascending Wedge chart pattern. The trend support level is at 53.52 and resistance is at 58.50. Use the following link to access a Broadening Ascending Wedge chart pattern help, or use a Technical Stock Screener to see the list of stocks with Broadening Ascending Wedge pattern in a short-term trend.
Daily Technical Indicators: [See D daily technical indicators chart] Daily technical indicators are neutral. The daily MACD line is below its signal line since March 3, 2025. The distance between MACD and the signal line is low and getting smaller. A Parabolic SAR (stop and reversal) indicator (54.19) comes close to the price (54.55). It indicates that the trend is getting weaker. 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.
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Daily Oscillators |
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Weekly Oscillators |
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Trading
Signals |
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Sector and
Industry |
Description |
Name |
Rank |
Sector |
Utilities |
12 |
Industry |
Electric Utilities |
101 |
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Daily Trend |
Description |
Value |
Direction |
Down |
Chart Pattern |
DownTrend |
High |
57.79 |
High Date |
02/27/2025 |
Low |
53.27 |
Low Date |
03/06/2025 |
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Weekly Trend |
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Description |
Value |
Direction |
Up |
Chart Pattern |
Broadening Ascending Wedge |
Status |
Valid |
Resistance |
58.50 |
Support |
53.52 |
Low |
52.44 |
Low Date |
12/19/2024 |
High |
57.79 |
High Date |
02/27/2025 |
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Description |
Value |
Direction |
Down |
Chart Pattern |
DownTrend |
Status |
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Resistance |
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Support |
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High |
61.97 |
High Date |
11/01/2024 |
Low |
52.44 |
Low Date |
12/19/2024 |
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Quarterly Trend |
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Description |
Value |
Direction |
Up |
Chart Pattern |
Rising Channel |
Status |
Broken Support |
Resistance |
64.55 |
Support |
55.46 |
Low |
39.18 |
Low Date |
10/23/2023 |
High |
61.97 |
High Date |
11/01/2024 |
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Description |
Value |
Direction |
Down |
Chart Pattern |
Broadening Descending Wedge |
Status |
Valid |
Resistance |
85.89 |
Support |
31.90 |
High |
90.89 |
High Date |
02/24/2020 |
Low |
39.18 |
Low Date |
10/23/2023 |
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