|
|
Downtrend Broken Resist.Archive
- 4/4/2025 -
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 the negative week for the DTE Energy Co. (DTE). During the week, the DTE dropped -4.80 points, or -3.51%, and closed at 131.80 on Friday, April 4, 2025. It was the worst weekly loss since November 1, 2024. Weekly volume was 23% above average.
DTE 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 DTE long-term trend chart]
A long-term downtrend had started on May 10, 2021 at 145.43 and reached 90.14 on October 6, 2023. DTE lost 55.29 points, or 38.02%, in 125 weeks. The chart has formed a Broadening Descending Wedge chart pattern. The downtrend resistance line (75.60) is broken. Usually a broken resistance is considered to be a long-term bullish signal, but since daily indicators are overbought a short-term pull back is possible. DTE may retest the broken resistance line. It is considered to be a support line now. 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 long-term trend.
 Medium-term trend: [See DTE medium-term trend chart]
A medium-term uptrend had started on November 7, 2024 at 115.60 and reached 140.40 on April 3, 2025. DTE gained -24.80 points, or -21.45%, in 21 weeks. The price is now at the 34.68% retracement level.
 Weekly Technical Indicators: [See DTE weekly technical indicators chart]
Weekly Lane's Stochastic is overbought while Williams' Percentage Range is strongly overbought. Use the Technical Stock Screener to see the list of stocks with overbought weekly Lane's Stochastic or strongly overbought weekly Williams' Percentage Range. During the last week, weekly Lane's Stochastic main line (%K) has declined below the overbought signal line (%D). Such crossover is considered a bearish signal. Weekly Lane's Stochastic has bearish divergence. Use the following links to access the Lane's Stochastic help, or use the Technical Stock Screener to see the list of stocks with weekly Lane's Stochastic bearish divergence. The divergence between price and indicator is considering one of the most important buy/sell stocks trading 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 and Williams' Percentage Range help.
The weekly MACD line is above its signal line since February 14, 2025. This is an indication that the medium-term trend is up. The distance between MACD and the signal line is near its high, but getting smaller. It indicates that the current medium-term uptrend is still strong, and momentum is beginning to wane. 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 January 23, 2025 at 116.30 and reached 140.40 on April 3, 2025. DTE gained -24.10 points, or -20.72%, in 70 days. The chart has formed a Rising Wedge chart pattern. The uptrend support line (137.09) 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 short-term trend.
 Daily Technical Indicators: [See DTE daily technical indicators chart]
Daily Williams' Percentage Range is strongly overbought. Use the Technical Stock Screener to see the list of stocks with strongly overbought daily overbought Williams' Percentage Range.
The daily MACD line is below its signal line since April 3, 2025.
During the last week, the price has declined below the moving average in the center of the Bollinger Bands. 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.
| |
|
|