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Next Resistance Level for Dominion Energy (D) is $73.51

By Amy Schwartz

Dominion Energy (NYSE:D) has opened bullishly above the pivot of $73.02 today and has reached the first level of resistance at $73.25. Analysts will be watching for a cross of the next upside pivot targets of $73.51 and $74.00.

In the past 52 weeks, shares of Dominion Energy have traded between a low of $69.51 and a high of $85.30 and are now at $73.50, which is 6% above that low price. Over the last five market days, the 200-day moving average (MA) has remained constant while the 50-day MA has advanced 0.2%.

Dominion Energy (NYSE:D) has potential upside of 11.2% based on a current price of $73.50 and analysts' consensus price target of $81.71. The stock should find initial support at its 50-day moving average (MA) of $72.26 and further support at its 200-day MA of $70.37.

SmarTrend recommended that its subscribers protect gains by selling shares of Dominion Energy on December 20th, 2017 by issuing a Downtrend alert when the shares were trading at $81.13. Since that call, shares of Dominion Energy have fallen 10.0%. We are now looking for when a new Uptrend will commence and will alert SmarTrend subscribers in real time.

Keywords: pivot alerts dominion energy

Ticker(s): D