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Downtrend Broken Resist.Archive
- 4/17/2025 -
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DTE Energy Co. (DTE) Technical Analysis
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| Summary:
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| | It was a first positive week after 3 consecutive negative weeks for the DTE Energy Co. (DTE). During the week, the DTE gained 3.75 points, or 2.89%, and closed at 133.55 on Thursday, April 17, 2025. It was the best weekly gain since February 14, 2025. Weekly volume was 12% 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 (75.25) 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 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 chart has formed a Broadening Right-Angled, Ascending Wedge chart pattern. The trend support level is at 117.13 and resistance is at 141.93. 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 Right-Angled, Ascending Wedge chart pattern help, or use a Technical Stock Screener to see the list of stocks with Broadening Right-Angled, Ascending Wedge pattern in a medium-term trend.
 Weekly Technical Indicators: [See DTE weekly technical indicators chart]
Weekly technical indicators are neutral.
The weekly MACD line is above its signal line since February 14, 2025. This is an indication that the medium-term trend is up. 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 April 9, 2025 at 123.70 and reached 135.29 on April 17, 2025. DTE gained -11.59 points, or -9.37%, in 8 days. The price is now at the 15.01% retracement level.
Daily Technical Indicators: [See DTE daily technical indicators chart]
Daily technical indicators are neutral.
The daily MACD line is below its signal line since April 3, 2025. The distance between MACD and the signal line is low and getting smaller.
During the last week, the price has risen above the Parabolic SAR (stop and reversal). A Parabolic SAR below the price is a bullish signal, and it indicates that momentum is likely to remain in the upward 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.
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.
During the last week, the price has advanced above the 50 Day Moving Average. Such crossover is considered a bullish signal. 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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