Dominion Energy Inc (D): Price Now Near $76.64; Daily Chart Shows An Uptrend on 50 Day Basis

The Hourly View for D

Currently, D (Get Ratings)’s price is down $-0.36 (-0.47%) from the hour prior. This move is a reversal from the hour prior, which saw price move up. If you’re a trend trader, consider that the strongest clear trend on the hourly chart exists on the 100 hour timeframe. Of note is that the 20 hour changed directions on D; it is now pointing down. The moving averages on the hourly timeframe suggest a bullishness in price, as the 20, 50, 100 and 200 are all in a bullish alignment — meaning the shorter durations are above the longer duration averages, implying a sound upward trend.

D’s Technical Outlook on the Daily Chart

Currently, D’s price is up $0.32 (0.42%) from the day prior. The daily chart shows that D has seen 2 straight up days. Regarding the trend, note that the strongest trend exists on the 50 day timeframe. The moving averages on the daily timeframe suggest a choppiness in price, as the 20, 50, 100 and 200 are all in a mixed alignment — meaning the trend across timeframes is inconsistent, indicating a potential opportunity for rangebound traders. The chart below shows D’s price action over the past 90 days.

D

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