DOMINION ENERGY INC. - Daily - Technical analysis published on 09/23/2019 (GMT)
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- Timeframe : Daily
- - Analysis generated on
- Status : INVALID
Summary of the analysis
Trends
Court terme:
Strongly bullish
De fond:
Strongly bullish
Technical indicators
89%
0%
11%
My opinion
Bullish above 80.23 USD
My targets
84.91 USD (+4.84%)
My analysis
The bullish trend is currently very strong on DOMINION ENERGY INC.. As long as the price remains above the support at 80.23 USD, you could try to benefit from the boom. The first bullish objective is located at 84.91 USD. The bullish momentum would be boosted by a break in this resistance. Be careful, given the powerful bullish rally underway, excesses could lead to a possible correction in the short term. If this is the case, remember that trading against the trend may be riskier. It would seem more appropriate to wait for a signal indicating reversal of the trend.
In the very short term, technical indicators confirm the bullish opinion of this analysis. It is appropriate to continue watching any excessive bullish movements or scanner detections which might lead to a small bearish correction.
FORCE
0
10
8.9
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This analysis was given by Vincent Launay. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The DOMINION ENERGY INC. rating is 80.99 USD. The price registered an increase of +0.19% on the session and was traded between 80.53 USD and 81.16 USD over the period. The price is currently at +0.57% from its lowest and -0.21% from its highest.80.53
81.16
80.99
The Central Gaps scanner detects a bearish opening. A small advantage for sellers in the very short term.
Bearish opening
Type : Bearish
Timeframe : Openning
A study of price movements over other periods shows the following variations:
Near a new HIGH record (5 years)
Type : Bullish
Timeframe : Weekly
Near a new HIGH record (1 year)
Type : Bullish
Timeframe : Weekly
Near a new HIGH record (1st january)
Type : Bullish
Timeframe : Weekly
Near a new HIGH record (1 month)
Type : Bullish
Timeframe : Weekly
Technical
Technical analysis of this Daily chart of DOMINION ENERGY INC. indicates that the overall trend is strongly bullish. 92.86% of the signals given by moving averages are bullish. This strongly bullish trend is supported by the strong bullish signals given by short-term moving averages. The Central Indicators market scanner currently does not detect any result that concerns moving averages.
In fact, 16 technical indicators on 18 studied are currently bullish. Caution: the Central Indicators scanner currently detects an excess:
RSI indicator is overbought : over 70
Type : Neutral
Timeframe : Daily
CCI indicator is overbought : over 100
Type : Neutral
Timeframe : Daily
CCI indicator: bearish divergence
Type : Bearish
Timeframe : Daily
Williams %R indicator is overbought : over -20
Type : Neutral
Timeframe : Daily
Price is back over the pivot point
Type : Bullish
Timeframe : Weekly
Central Patterns, the market scanner focusing on chart patterns, resistances and supports found this result:
Resistance of channel is broken
Type : Bullish
Timeframe : Daily
No result was found by the Central Candlesticks scanner on Japanese candlesticks.
ProTrendLines
S3
S2
S1
R1
Price
| S3 | S2 | S1 | Price | R1 | |
|---|---|---|---|---|---|
| ProTrendLines | 77.83 | 79.19 | 80.23 | 80.99 | 84.91 |
| Change (%) | -3.90% | -2.22% | -0.94% | - | +4.84% |
| Change | -3.16 | -1.80 | -0.76 | - | +3.92 |
| Level | Intermediate | Major | Major | - | Major |
Pivot points can also be used to set your price objectives. Here is the price situation in relation to pivot points:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 79.46 | 79.89 | 80.37 | 80.80 | 81.28 | 81.71 | 82.19 |
| Camarilla | 80.59 | 80.67 | 80.76 | 80.84 | 80.92 | 81.01 | 81.09 |
| Woodie | 79.48 | 79.90 | 80.39 | 80.81 | 81.30 | 81.72 | 82.21 |
| Fibonacci | 79.89 | 80.24 | 80.46 | 80.80 | 81.15 | 81.37 | 81.71 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 75.44 | 76.68 | 78.76 | 80.00 | 82.08 | 83.32 | 85.40 |
| Camarilla | 79.93 | 80.23 | 80.54 | 80.84 | 81.14 | 81.45 | 81.75 |
| Woodie | 75.86 | 76.89 | 79.18 | 80.21 | 82.50 | 83.53 | 85.82 |
| Fibonacci | 76.68 | 77.95 | 78.73 | 80.00 | 81.27 | 82.05 | 83.32 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 69.75 | 71.33 | 74.03 | 75.60 | 78.30 | 79.88 | 82.58 |
| Camarilla | 75.55 | 75.94 | 76.34 | 76.73 | 77.12 | 77.51 | 77.90 |
| Woodie | 70.32 | 71.61 | 74.59 | 75.88 | 78.87 | 80.16 | 83.14 |
| Fibonacci | 71.33 | 72.96 | 73.97 | 75.60 | 77.24 | 78.24 | 79.88 |
Numerical data
The following is the status of technical indicators and moving averages registered at the time this technical analysis was created:
Technical indicators
Moving averages
| RSI (14): | 73.12 | |
| MACD (12,26,9): | 1.2800 | |
| Directional Movement: | 21.12 | |
| AROON (14): | 64.29 | |
| DEMA (21): | 79.96 | |
| Parabolic SAR (0,02-0,02-0,2): | 78.71 | |
| Elder Ray (13): | 1.71 | |
| Super Trend (3,10): | 77.70 | |
| Zig ZAG (10): | 81.13 | |
| VORTEX (21): | 1.2100 | |
| Stochastique (14,3,5): | 95.86 | |
| TEMA (21): | 80.75 | |
| Williams %R (14): | -2.50 | |
| Chande Momentum Oscillator (20): | 3.69 | |
| Repulse (5,40,3): | 1.6000 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.1800 | |
| Courbe Coppock: | 8.28 |
| MA7: | 79.85 | |
| MA20: | 78.07 | |
| MA50: | 76.26 | |
| MA100: | 75.69 | |
| MAexp7: | 80.02 | |
| MAexp20: | 78.42 | |
| MAexp50: | 76.97 | |
| MAexp100: | 75.83 | |
| Price / MA7: | +1.43% | |
| Price / MA20: | +3.74% | |
| Price / MA50: | +6.20% | |
| Price / MA100: | +7.00% | |
| Price / MAexp7: | +1.21% | |
| Price / MAexp20: | +3.28% | |
| Price / MAexp50: | +5.22% | |
| Price / MAexp100: | +6.80% |
News
The latest news and videos published on DOMINION ENERGY INC. at the time of the analysis were as follows:
- Dominion Energy Acquires, Plans to Acquire Four North Carolina Solar Energy Projects
- Dominion Energy Midstream Partners Announces Second-Quarter 2017 Earnings
- Dominion Energy Announces Second-Quarter Earnings
- Founders Advantage Investee Entity Dominion Lending Centres Sells Non-Core Asset
- Dominion Energy Declares Quarterly Dividend of 75.5 Cents
This member declared not having a position on this financial instrument or a related financial instrument.
About author
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