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Archive - 4/24/2026 - 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 a first positive week for the Dominion Resources (D). During the week, the D climbed 0.16 points, or 0.26%, and closed at 62.58 on Friday, April 24, 2026. Weekly volume was -29% below 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 uptrend had started on October 23, 2023 at 39.18 and reached 67.57 on February 17, 2026. D gained -28.39 points, or -72.46%, in 121 weeks. The chart has formed a Ascending Triangle chart pattern. The trend support level is at 57.34 and resistance is at 63.21. An Ascending Triangle is a variation of triangle formation that has a flat resistance line and rising support line. The higher lows indicate an increasing demand and give the ascending triangle definitive bullish bias. An Ascending Triangle usually represents an accumulation stage in bullish market. An Ascending Triangle is considered to be a continuation pattern, especially in an uptrend, but it may also mark a reversal in a downtrend. Use the following link to access a Ascending Triangle chart pattern help, or use a Technical Stock Screener to see the list of stocks with Ascending Triangle pattern in a long-term trend.
Medium-term trend: [See D medium-term trend chart] A medium-term uptrend had started on April 9, 2025 at 48.07 and reached 67.57 on February 17, 2026. D gained -19.50 points, or -40.57%, in 44 weeks. The chart has formed a Broadening Ascending Wedge chart pattern. The trend support level is at 59.55 and resistance is at 71.74. A Broadening Ascending 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 Ascending Wedge chart pattern help, or use a Technical Stock Screener to see the list of stocks with Broadening Ascending Wedge pattern 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 March 20, 2026. 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 downtrend had started on April 10, 2026 at 65.13 and reached 60.44 on April 22, 2026. D lost 4.69 points, or 7.20%, in 12 days. The chart has formed a Falling Wedge chart pattern.
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 moved above 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. Price is close to the 50 Day Moving Average. The moving average crossover signals work better when the stock develops a strong trend, but they are ineffective when the stock is in a trading range. Moving average crossover systems can be effective, but should be used in conjunction with trend patterns, momentum indicators, candlesticks and other aspects of technical analysis. Use the following links to access Moving Average Crossover trading technique, or use the Technical Stock Screener to see the list of stocks with the Moving Average close to the price level.
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