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RSI low/high Values: [ 25 - 75 ]
* StockInvest.us uses dynamically calculated RSI max/min levels to determine when stock is oversold or overbought based on historical behavior.
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DTE Energy Company stock price ended at $124.87 on Friday, after gaining 0.96%
(Updated on Oct 11, 2024)

Sell candidate since Oct 09, 2024 Gain 0.28%

The DTE Energy Company stock price gained 0.96% on the last trading day (Friday, 11th Oct 2024), rising from $123.68 to $124.87. During the last trading day the stock fluctuated 0.99% from a day low at $123.98 to a day high of $125.21. The price has fallen in 5 of the last 10 days and is down by -1.97% for this period. Volume has increased on the last day along with the price, which is a positive technical sign, and, in total, 61 thousand more shares were traded than the day before. In total, 483 thousand shares were bought and sold for approximately $60.26 million.

The stock lies in the lower part of a narrow and weak rising trend in the short term, and this may normally pose a very good buying opportunity. If the lower trend floor at $123.85 is broken, it will firstly indicate a slower rate of rising, but may also be an early warning for a trend shift. Given the current short-term trend, the stock is expected to rise 9.38% during the next 3 months and, with a 90% probability hold a price between $135.47 and $142.10 at the end of this 3-month period.

DTE Signals & Forecast

Volume is rising along with the price. This is considered to be a good technical signal. Some negative signals were issued as well, and these may have some influence on the near short-term development. The DTE Energy Company stock holds sell signals from both short and long-term Moving Averages giving a more negative forecast for the stock. On corrections up, there will be some resistance from the lines at $125.48 and $125.42. A break-up above any of these levels will issue buy signals. A sell signal was issued from a pivot top point on Wednesday, October 02, 2024, and so far it has fallen -2.98%. Further fall is indicated until a new bottom pivot has been found. Furthermore, there is currently a sell signal from the 3 month Moving Average Convergence Divergence (MACD).

Support, Risk & Stop-loss for DTE Energy Company stock

DTE Energy Company finds support from accumulated volume at $124.52 and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested.

In general the stock tends to have very controlled movements and with good liquidity the risk is considered very low in this stock. During the last day, the stock moved $1.23 between high and low, or 0.99%. For the last week the stock has had daily average volatility of 1.27%.

Our recommended stop-loss: We hold a negative evaluation for this stock. No stop-loss is set.

Trading Expectations (DTE) For The Upcoming Trading Day Of Monday 14th

For the upcoming trading day on Monday, 14th we expect DTE Energy Company to open at $124.69, and during the day (based on 14 day Average True Range), to move between $123.01 and $126.73, which gives a possible trading interval of +/-$1.86 (+/-1.49%) up or down from last closing price. If DTE Energy Company takes out the full calculated possible swing range there will be an estimated 2.98% move between the lowest and the highest trading price during the day.

Since the stock is closer to the support from accumulated volume at $124.52 (0.28%) than the resistance at $125.29 (0.34%), our systems sees the trading risk/reward intra-day as attractive and believe profit can be made before the stock reaches first resistance..

Is DTE Energy Company stock A Buy?

The DTE Energy Company stock holds several negative signals and despite the positive trend, we believe DTE Energy Company will perform weakly in the next couple of days or weeks. Therefore, we hold a negative evaluation of this stock.

Current score: -3.586 Sell Candidate Unchanged

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Predicted Fair Opening Price

Predicted fair opening price on October 14, 2024 - $124.69 ( 0.147%). The predicted opening price is based on yesterday's movements between high, low, and closing price.

Trading levels for DTE

Fibonacci Support & Resistance Levels

Level Price
R3 125.92 0.84%
R2 125.45 0.462%
R1 125.16 0.229%
Price 124.87
S1 124.22 -0.523%
S2 123.93 -0.756%
S3 123.46 -1.13%

Accumulated Volume Support & Resistance Levels

Level Price
R3 125.55 0.545%
R2 125.54 0.537%
R1 125.29 0.336%
Price 124.87
S1 124.52 -0.280%
S2 123.66 -0.97%
S3 118.19 -5.35%

DTE Dividend Payout History


# Declaration Date Ex-Date Pay Date Amount Yield
1 Jun 20, 2024 Sep 16, 2024 Oct 15, 2024 $1.02 0.82%
2 May 02, 2024 Jun 17, 2024 Jul 15, 2024 $1.02 0.90%
3 Feb 01, 2024 Mar 15, 2024 Apr 15, 2024 $1.02 0.97%
4 Dec 08, 2023 Dec 15, 2023 Jan 15, 2024 $1.02 0.94%
5 Jun 22, 2023 Sep 15, 2023 Oct 15, 2023 $0.95 0.97%

FAQ

What is the symbol for DTE Energy Company Stock and on which exchange is it traded?
The symbol for DTE Energy Company is DTE and it is traded on the NYSE (New York Stock Exchange).

Should I buy or sell DTE Energy Company Stock?
The DTE Energy Company stock holds several negative signals and despite the positive trend, we believe DTE Energy Company will perform weakly in the next couple of days or weeks. Therefore, we hold a negative evaluation of this stock.

How to buy DTE Energy Company Stock?
DTE Energy Company Stock can be purchased through just about any brokerage firm, including online brokerage services.
Click here for our free guide on how to buy DTE Energy Company Stock.

What's the current price of DTE Energy Company Stock?
As of the end of day on the Oct 11, 2024, the price of an DTE Energy Company (DTE) share was $124.87.

What is the 52-week high and low for DTE Energy Company Stock?
The 52-week high for DTE Energy Company Stock is $129.53 and the 52-week low is $92.58.

What is the market capitalization of DTE Energy Company Stock?
As of the Oct 11, 2024, the market capitalization of DTE Energy Company is 25.778B.

When is the next earnings date for DTE Energy Company?
The upcoming earnings date for DTE Energy Company is Nov 06, 2024.
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ABOUT DTE ENERGY COMPANY
DTE Energy Company
DTE Energy Company engages in the utility operations. The company's Electric segment generates, purchases, distributes, and sells electricity to approximately 2.3 million residential, commercial, and industrial customers in southeastern Michigan. It generates electricity through fossil-fuel, hydroelectric pumped storage, and nuclear plants, as well as wind and other renewable assets. This segment owns and operates approximately 698 distribution s...
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