Trading Signals: DTE Stock Price Prediction and Forecast (Tue. Apr. 1, 2003 - Fri. Oct. 27, 2023)(DTE Energy Company)
| DTE latest price $46.2000 (0.35%) ($46.0300 - $46.4900) on Mon. Jan. 29, 2007. | |
| | Trend Analysis and Forecast | | | Average Daily Percentage Swing | 0.75% (three month average) | RSI | 31 | Latest Price | $46.2000(0.35%) | Stocks Behave Similarly | Similar Stock List | Daily Trend | DTE advances 0.1% a day on average for past five trading days. | Weekly Trend | DTE declines -0.8% a week on average for past two weeks. | Market Behavior | Normal for large cap. Normal for small cap. | Correlated ETFs | Broad market will support DTE advance at 0% a week (0% probability) XLU(81%) XLP(62%) SPY(61%) IWM(53%) EEM(51%) | Factors Impacting DTE price | DTE will decline at least -0.375% in a week (0% probabilities). TLT(-13%) SHY(-8%) TIP(2%) GLD(9%) LQD(21%) | Explanation | The rally is not sustainable and not supported by the broad market. | | | | | Relative Volatility | (options are extremely cheap) | | | Market Trend Strength | -0.375% (StdDev 0.75%) | Hourly BBV | 0 () | Intraday Trend | 0.2% | | | |
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Resistance Level | $46.88 | 5 Day Moving Average | $46.15(0.11%) | 10 Day Moving Average | $46.14(0.13%) | 20 Day Moving Average | $46.88(-1.45%) | To recent high | -6.1% | To recent low | 2.1% | Market Cap | $8.9b | | | | DTE Energy Co. is a diversified energy company, which engages in the provision of electricity and natural gas sales, distribution and storage services. It operates through the following segments: Electric, Gas, Non-Utility Operations and Corporate & Other. The Electric segment is engaged in the generation, purchase, distribution and sale of electricity to residential, commercial and industrial customers in southeastern Michigan. The Gas segment is engaged in the purchase, storage, transportation, distribution and sale of natural gas to residential, commercial and industrial customers throughout Michigan and the sale of storage and transportation capacity. The Non-Utility Operations segment engages in gas storage and pipelines, power and industrial projects, and energy trading. The Corporate & Other includes various holding company activities, holds certain non-utility debt, and holds energy-related investments. The company was founded in January 1995 and is headquartered in Detroit, MI. |