Based on the provided data and technical analysis, here is the prediction for Dominion Energy (D) for next week:
Technical Analysis:
- Current RSI (14) at 44.66 indicates neutral momentum but slightly oversold
- MACD at -0.30 suggests bearish momentum in the short term
- Price is trading below both 20-day (54.03) and 60-day (55.61) moving averages, indicating a downward trend
News Impact Analysis:
- Positive: Dominion announced partnership with Amazon to power data centers with nuclear energy
- Positive: The company is part of a $100 billion "Stargate" joint venture for AI infrastructure development
- Positive: Analysts expect EPS growth of 22.7% for 2025
Price Targets for Next Week:
- Resistance levels: $55.90 (Fibonacci R1), $56.78 (Fibonacci R2)
- Support levels: $53.05 (Fibonacci S1), $52.17 (Fibonacci S2)
Price Prediction:
Based on technical indicators and recent news sentiment, D stock is expected to trade between $52.17-$55.90 next week. The most likely target price is $54.48 (Fibonacci pivot point).
Trading Recommendation:
SELL with target entry at $55.90 (R1 resistance). Set stop loss at $56.78 (R2 resistance). First profit target at $54.48 (pivot), second target at $53.05 (S1 support).
Rationale:
- Bearish MACD and below key moving averages suggest continued downward pressure
- RSI indicates potential for short-term bounce but overall trend remains bearish
- Despite positive news, technical setup favors selling rallies
Based on the provided data and technical analysis, here is the prediction for Dominion Energy (D) for next week:
Technical Analysis:
- Current RSI (14) at 44.66 indicates neutral momentum but slightly oversold
- MACD at -0.30 suggests bearish momentum in the short term
- Price is trading below both 20-day (54.03) and 60-day (55.61) moving averages, indicating a downward trend
News Impact Analysis:
- Positive: Dominion announced partnership with Amazon to power data centers with nuclear energy
- Positive: The company is part of a $100 billion "Stargate" joint venture for AI infrastructure development
- Positive: Analysts expect EPS growth of 22.7% for 2025
Price Targets for Next Week:
- Resistance levels: $55.90 (Fibonacci R1), $56.78 (Fibonacci R2)
- Support levels: $53.05 (Fibonacci S1), $52.17 (Fibonacci S2)
Price Prediction:
Based on technical indicators and recent news sentiment, D stock is expected to trade between $52.17-$55.90 next week. The most likely target price is $54.48 (Fibonacci pivot point).
Trading Recommendation:
SELL with target entry at $55.90 (R1 resistance). Set stop loss at $56.78 (R2 resistance). First profit target at $54.48 (pivot), second target at $53.05 (S1 support).
Rationale:
- Bearish MACD and below key moving averages suggest continued downward pressure
- RSI indicates potential for short-term bounce but overall trend remains bearish
- Despite positive news, technical setup favors selling rallies