DOMINION ENERGY INC. - Daily - Technical analysis published on 11/19/2019 (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
72%
11%
17%
My opinion
Bullish above 80.23 USD
My targets
83.27 USD (+0.84%)
84.91 USD (+2.82%)
My analysis
All elements being clearly bullish, it would be possible for traders to trade only long positions (at the time of purchase) on DOMINION ENERGY INC. as long as the price remains well above 80.23 USD. The buyers” bullish objective is set at 83.27 USD. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 84.91 USD. However, beware of bullish excesses that could lead to a possible short-term correction; but this possible correction would not be tradeable.
Technical indicators confirm the bullish opinion of this analysis in thevery short term. However, be careful of excessive bullish movements. 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
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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 82.58 USD. The price registered an increase of +0.57% on the session and was traded between 82.22 USD and 83.16 USD over the period. The price is currently at +0.44% from its lowest and -0.70% from its highest.82.22
83.16
82.58
The Central Gaps scanner detects a bullish gap which is a sign that buyers have taken the lead in the very short term.
Opening Gap UP
Type : Bullish
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
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. The overall trend is supported by the strong bullish signals from short-term moving averages. The Central Indicators scanner detects a bullish signal on moving averages that could impact this trend:
Bullish price crossover with Moving Average 20
Type : Bullish
Timeframe : Daily
In fact, 13 technical indicators on 18 studied are currently bullish. But beware of excesses. The Central Indicators scanner currently detects this:
Williams %R indicator is overbought : over -20
Type : Neutral
Timeframe : Daily
Pivot points : price is over resistance 1
Type : Neutral
Timeframe : Daily
Price is back over the pivot point
Type : Bullish
Timeframe : Weekly
Momentum indicator is back over 0
Type : Bullish
Timeframe : Daily
Williams %R indicator is back over -50
Type : Bullish
Timeframe : Daily
Central Patterns, the market scanner focusing on chart patterns, resistances and supports found this result:
Near horizontal resistance
Type : Bearish
Timeframe : Daily
No result was found by the Central Candlesticks scanner on Japanese candlesticks.
ProTrendLines
S3
S2
S1
R1
R2
Price
| S3 | S2 | S1 | Price | R1 | R2 | |
|---|---|---|---|---|---|---|
| ProTrendLines | 75.98 | 77.83 | 80.23 | 82.58 | 83.27 | 84.91 |
| Change (%) | -7.99% | -5.75% | -2.85% | - | +0.84% | +2.82% |
| Change | -6.60 | -4.75 | -2.35 | - | +0.69 | +2.33 |
| Level | Minor | Minor | Major | - | Major | Major |
To determine price objectives, it is also possible to use the pivot points. Here is the price position in relation to pivot points:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 80.85 | 81.12 | 81.62 | 81.89 | 82.38 | 82.66 | 83.15 |
| Camarilla | 81.90 | 81.97 | 82.04 | 82.11 | 82.18 | 82.25 | 82.32 |
| Woodie | 80.96 | 81.18 | 81.73 | 81.94 | 82.49 | 82.71 | 83.26 |
| Fibonacci | 81.12 | 81.41 | 81.59 | 81.89 | 82.18 | 82.36 | 82.66 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 77.73 | 78.62 | 80.37 | 81.26 | 83.01 | 83.90 | 85.65 |
| Camarilla | 81.38 | 81.63 | 81.87 | 82.11 | 82.35 | 82.59 | 82.84 |
| Woodie | 78.15 | 78.84 | 80.79 | 81.48 | 83.43 | 84.12 | 86.07 |
| Fibonacci | 78.62 | 79.63 | 80.26 | 81.26 | 82.27 | 82.90 | 83.90 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 75.64 | 77.30 | 79.92 | 81.58 | 84.20 | 85.86 | 88.48 |
| Camarilla | 81.37 | 81.77 | 82.16 | 82.55 | 82.94 | 83.34 | 83.73 |
| Woodie | 76.13 | 77.54 | 80.41 | 81.82 | 84.69 | 86.10 | 88.97 |
| Fibonacci | 77.30 | 78.93 | 79.94 | 81.58 | 83.21 | 84.22 | 85.86 |
Numerical data
The following are the details of the technical indicators and moving averages that were collected to generate this technical analysis:
Technical indicators
Moving averages
| RSI (14): | 59.21 | |
| MACD (12,26,9): | 0.1000 | |
| Directional Movement: | 14.04 | |
| AROON (14): | -42.86 | |
| DEMA (21): | 81.61 | |
| Parabolic SAR (0,02-0,02-0,2): | 79.52 | |
| Elder Ray (13): | 1.26 | |
| Super Trend (3,10): | 82.61 | |
| Zig ZAG (10): | 82.58 | |
| VORTEX (21): | 1.0000 | |
| Stochastique (14,3,5): | 60.89 | |
| TEMA (21): | 81.20 | |
| Williams %R (14): | -27.32 | |
| Chande Momentum Oscillator (20): | 0.03 | |
| Repulse (5,40,3): | 1.2500 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.0200 | |
| Courbe Coppock: | 2.51 |
| MA7: | 80.96 | |
| MA20: | 81.66 | |
| MA50: | 81.01 | |
| MA100: | 78.39 | |
| MAexp7: | 81.52 | |
| MAexp20: | 81.41 | |
| MAexp50: | 80.58 | |
| MAexp100: | 78.96 | |
| Price / MA7: | +2.00% | |
| Price / MA20: | +1.13% | |
| Price / MA50: | +1.94% | |
| Price / MA100: | +5.35% | |
| Price / MAexp7: | +1.30% | |
| Price / MAexp20: | +1.44% | |
| Price / MAexp50: | +2.48% | |
| Price / MAexp100: | +4.58% |
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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