Watching the Technicals for DTE Energy Company (NYSE:DTE): Moving Average Rating at Strong Buy

One of the biggest downfalls of the individual investor is not being able to take losses when it becomes necessary. Of course nobody wants to take a loss, but the repercussions of not letting go of a losing stock can end up sealing the demise of the well-intentioned investor. Many professionals would probably agree that the pain of realizing a loss is more intense than the joy of picking a winner. Investors who become reluctant to sell losers may be delaying the inevitable and essentially suffocating the portfolio. Not addressing the losing side can have severe negative effects on the long-term health of the portfolio. Investors may have to find a way to face the music and sell when they realize that a trade has gone sour.

Investors following DTE Energy Company (NYSE:DTE) can see that the stock most recently closed at 117.31
Past 3 months: 2.6232948
One year change: 12.6079445
Year-to-date: 6.4007254
Past week: 2.830106
Past month: 8.777458

Scanning through some ratings, we note that the current Oscillator Rating on DTE Energy Company (NYSE:DTE) is a “Neutral”. The Moving Average Rating is sitting at a “Strong Buy”. Traders may use these signals in conjunction with other indicators in order to set up the chart for future trading success.

Traders following Donchian Channels can see that the 20 day upper band is 118.32 and the 20 day lower band is 111.91. These channels are used by technicians to help spot possible breakouts, and they may also be used to confirm a defined trend.

DTE Energy Company (NYSE:DTE) has drawn the attention of traders as the price has moved 0.35931218% since the open. The prior session close was noted at 117.31. Looking back over the last month, we note that the stock’s high point was seen at 118.32.

Dedicated traders will often pay close attention to Exponential Moving Average levels. EMA study can help guide traders when gauging market strength. We can see the following EMA levels on the stock:

30 day Exponential Moving Average: 114.1919
50 day Exponential Moving Average: 113.728615
100 day Exponential Moving Average: 113.70203
10 day Exponential Moving Average: 115.96741
20 day Exponential Moving Average: 114.86385
200 day Exponential Moving Average: 112.88911

The HMA or Hull Moving Average for the stock is presently 117.91278. The HMA may help with technical analysis by reducing lag and heightening responsiveness. Traders often find that following this indicator helps with reduction of noise.

As traders scan the equity market, they may be using Simple Moving Averages to help figure out where a stock is headed. Following some SMA levels, we can see that the 10 day is 115.619, the 20 day is 114.694, and the 30 day is 113.573784. Tracking some other time periods, we note that the 50 day SMA is 112.02847 , the 100 day is 114.579895 , and the 200 day SMA is currently 113.57219.

Traders checking the pulse on shares of DTE Energy Company (NYSE:DTE) will note that since the opening price of 116.9, the stock has moved 0.41. During the session, the stock has hit a low of 116.58 and reached a high of 117.39. Volume on the day is around 203155. 

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