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Watch for Shares of Dte Energy Co (DTE) to Approach Support at $111.71

By Amy Schwartz

Shares of Dte Energy Co (NYSE:DTE) have bearishly opened below the pivot of $113.26 today and have reached the first support level of $112.73. Should the shares continue to fall, the support pivots of $111.71 and $110.16 will be of interest.

In the past 52 weeks, shares of Dte Energy Co have traded between the current low of $0.00 and a high of $116.74 and are now at $0.00. The 200-day and 50-day moving averages have moved 0.01% higher and 0.66% higher over the past week, respectively.

There is potential upside of 0.0% for shares of Dte Energy Co based on a current price of $0.00 and an average consensus analyst price target of $108.00. Dte Energy Co shares should first meet resistance at the 200-day moving average (MA) of $105.41 and find additional resistance at the 50-day MA of $109.76.

SmarTrend recommended that subscribers consider buying shares of Dte Energy Co on June 21st, 2018 as our proprietary SmarTrend analytics indicated a new Uptrend was in progress when shares hit $99.67. Since that recommendation, shares of Dte Energy Co have risen 14.1%. We continue to monitor DTE for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.

Keywords: pivot alerts dte energy co

Ticker(s): DTE