user warning: Table './fnndrupaldev/term_node' is marked as crashed and last (automatic?) repair failed query: SELECT t.* FROM term_node r INNER JOIN term_data t ON r.tid = t.tid INNER JOIN vocabulary v ON t.vid = v.vid WHERE r.vid = 451504 ORDER BY v.weight, t.weight, t.name in /var/www/www.fnno.com/htdocs/modules/taxonomy/taxonomy.module on line 617.

DTE Energy's Shares Changing Hands at Lower Prices on 1.3x Above-Average Volume (DTE)

Published on Fri, 03/01/2013 - 14:14
By Robert Cotter

Shares of DTE Energy are trading down 0.9% to $66.18 today on above average volume. About 830,000 shares have been traded today, as compared to the 30-day average volume of 625,000 shares. Spikes in volume can validate a breakout or signify a potential turning point.

DTE Energy share prices have moved between a 52-week high of $67.01 and a 52-week low of $53.59 and are now trading 23% above that low price at $66.18 per share. Over the past week, the 200-day moving average (MA) has gone up 0.3% while the 50-day MA has advanced 0.6%.

DTE Energy (NYSE:DTE) is currently priced 2.0% above its average consensus analyst price target of $64.88. The stock should discover initial support at its 50-day moving average (MA) of $62.71 and subsequent support at its 200-day MA of $60.27.

DTE Energy Company, a diversified energy company, develops and manages energy-related businesses and services nationwide. The Company, through its subsidiaries, generates, purchases, transmits, distributes, and sells electric energy in southeastern Michigan. DTE is also involved in gas pipelines and storage, unconventional gas exploration, development, and production.

By Robert Cotter
rcotter@fnno.com

Latest News from FNNO

PerkinElmer (PKI) Breaks Through Support...

Shares of PerkinElmer (NYSE:PKI) opened today below their pivot of $45.69 and have alre ...

Murphy Oil (MUR) Approaches New Downside...

Shares of Murphy Oil (NYSE:MUR) opened today below their pivot of $60.65 and have alrea ...

Noble Energy (NBL) Crosses Pivot Point S...

Shares of Noble Energy (NYSE:NBL) opened today below their pivot of $70.30 and have alr ...

Lorillard (LO) Crosses Pivot Point Suppo...

Shares of Lorillard (NYSE:LO) have bearishly opened below the pivot of $60.78 today and ...

Agilent Technologies (A) Approaches New ...

Shares of Agilent Technologies (NYSE:A) have bearishly opened below the pivot of $58.49 ...

Nabors Industries (NBR) Breaks Through S...

Shares of Nabors Industries (NYSE:NBR) have bearishly opened below the pivot of $26.11 ...

Watch for Shares of Cabot Oil & Gas (COG...

Cabot Oil & Gas (NYSE:COG) has opened bearishly below the pivot of $33.12 today and has ...

Gap Inc (GPS) Breaks Through Resistance ...

Gap Inc (NYSE:GPS) has opened bullishly above the pivot of $42.56 today and has reached ...