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Advanced TA SearchArchive - 4/5/2024 - Sign In to see current Signals. |
Dominion Resources (D) Technical Analysis
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| Summary:
| | Weekly :![Broken trend resistance line](images\bullish.gif) | | Daily :![Daily MACD line has moved below its signal line](images\bearish.gif) ![The price has fallen below the Parabolic SAR](images\bearish.gif) ![The period of low volatility of the stock price](images\alert_signals.gif) Move cursor over the icon to see details.
| | It was the negative week for the Dominion Resources (D). During the week, the D dropped -0.62 points, or -1.26%, and closed at 48.57 on Friday, April 5, 2024. Weekly volume was -13% below average.
Long-term trend: [See D long-term trend chart] A long-term downtrend had started on April 11, 2022 at 88.78 and reached 39.18 on October 23, 2023. D lost 49.60 points, or 55.87%, in 80 weeks. The price is now at the 18.93% retracement level.
Medium-term trend: [See D medium-term trend chart] A medium-term downtrend had started on December 14, 2023 at 50.70 and reached 43.53 on February 13, 2024. D lost 7.17 points, or 14.14%, in 8 weeks. The chart has formed a Falling Channel chart pattern. The downtrend resistance line (40.33) is broken. A broken support is considered to be a long-term bullish 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 resistance line in a medium-term trend.
Weekly Technical Indicators: [See D weekly technical indicators chart] Weekly technical indicators are neutral. The weekly MACD line is above its signal line since November 10, 2023. 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 March 26, 2024 at 46.56 and reached 49.35 on March 28, 2024. D gained -2.79 points, or -5.99%, in 2 days. The price is now at the 27.96% retracement level.
Daily Technical Indicators: [See D daily technical indicators chart] Daily technical indicators are neutral. During the last week, daily MACD line has moved below its signal line. Such crossover is considered a bearish signal. During the last week, the price has fallen below the Parabolic SAR (stop and reversal). A Parabolic SAR above the price is a bearish signal, and it indicates that momentum is likely to remain in the downward 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 falling, and it was 5.11% on Friday. It is 53.00% lower than one year average. It indicates the period of low 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.
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