Dominion Energy stock: buy or sell

D stock price: $80.20 0.11% At close on Apr 21st, 2021

Updated on:
Apr 22nd, 2021

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Dominion Energy stock brief

  • Dominion Energy stock just moved 0.11% to close at $80.20 on the stock market on Wednesday.
  • The price is currently higher than the upper Bollinger band, which is usually an indicator of a near-term correction
  • Credit Suisse Group and KeyCorp published buy ratings for Dominion Energy on Wednesday, with an average forecast of $86.00
  • Dominion Energy, Inc. produces and distributes energy. The company operates through four segments: Dominion Energy Virginia, Gas Distribution, Dominion Energy South Carolina, and Contracted Assets.

Should I buy Dominion Energy stock?

All successful traders recommend adhering to a trading strategy and not make decisions based on subjective opinions, rumors or feelings. Trading strategies are meant for helping you in the decision process of what stocks to pick and when is the best moment to buy them. At Stocks2.com, we like to use very simple but trusted and powerful trend following trading strategies. Simple things usually work the best

Is $D stock a buy?

In the current situation of Dominion Energy there is not any eligible buy setup. This doesn't mean $D will slide in coming sessions, or it will not rise higher. Simply, it doesn't match our recommended trading systems

Should I sell Dominion Energy stock?

Do you know when is it time to sell Dominion Energy?. Trading strategies give us the ability us to avoid impetuous decisions based on our emotions or the noise that surrounds the market. When selling, as well as buying, detailed strategies are very easy to follow and are only applicable for selling stocks you already own, not for shorting Dominion Energy stock

A guiding principle is that you must never hold an operation that results in losses greater than those expected upon purchase. When to sell shares always has to be ruled by the stop-loss (automatic or manual)

Is it time to sell Dominion Energy stock?

In the current situation of Dominion Energy there is not any eligible sell setup, so Dominion Energy stock holders with operations in profit can keep their positions

Dominion Energy ratings

In the last month, 2 ratings were published for Dominion Energy. General sentiment is bullish, with 2 out of 2 posting optimistic outlooks

Dominion Energy analysts' ratings - Last 30 days
Brokerage firmRating
Apr 21st, 2021
Credit Suisse Group Buy
KeyCorp Buy

Dominion Energy stock analysis

In late March, the price broke out above the previous top at $73.77 on the downtrend started in November 2020. Since then, the price action resulted in a 8.72% profit.

SMAs overview

D stock SMAs chart

Supports and resistances

The current resistance levels are:

  • R1: $80.33 (0.16% above)
  • R2: $81.02 (1.02% above)
  • R3: $81.90 (2.12% above)
  • The current support levels are:

  • S1: $79.42 (-0.97% below)
  • S2: $78.89 (-1.63% below)
  • S3: $78.70 (-1.87% below)
  • Bollinger bands

    When the price moves out of the band (above the upper line or below the lower line) it means that the stock is currently having a very strong momentum and therefore can reverse the trend to the average. At this point, the price is beyond the upper band, and that should mean a possible near-term correction (at least) until it is below the band

    D stock Bollinger Bands chart

    Relative strength index

    Crossed up the overbought line Wednesday, with a reading of 77.5. The fact that the value is in the overvalued zone does not in any way imply a sell point, as shares can rise during several weeks being above 70

    D stock RSI chart

    Dominion Energy stock price history

    Dominion Energy started trading on Mar 17th, 1980 at $0.00 per share1. Since then, D stock has risen by -, with an average of 0.00% per year. An investment of $1,000USD at that time would have a value of $inf today.

    1: Adjusted price after possible price splits or reverse-splits

    D stock price history chart

    Price target for Dominion Energy stock

    Nobody can predict how much a stock will be priced in the future. However, many stock price forecasts are published every day by banks, financial institutions and independent analysts.

    The following table shows the price predictions released by analysts in the last 30 days. Again, these targets are not direct recommendations for small traders and must not be followed blindly.

    The average price target for Dominion Energy stock calculated from the table below is $86.00. Dominion Energy closed at $80.20 on Wednesday, that is a 6.74% than the target price.

    Dominion Energy stock price predictions
    Brokerage firmPrice target
    Apr 21st, 2021
    Credit Suisse Group $80.00$90.00
    KeyCorp $80.00$82.00

    Earnings and financials

    Dominion Energy ($D) had the investors call and released the report last February. Dominion Energy reported earnings of $0.81 per share on sales of $3.5 billion. The Wall St estimate was $0.80 per share on revenue of $4.2 billion.

    Compared to the same quarter one year ago, EPS was $1.18, so current EPS is a drop of -31.36%. Looking at sales, figures sank a -21.32% compared to $44.8B same quarter 12 months ago.

    Dominion Energy ($D) will host the quarterly earnings call next Tuesday. Expected for this quarter is $1.07, compared to $0.81 that was reported for Q4.

    Dominion Energy performance

    D performance compared
    Company1m3m6m
    Dominion Energy ($D) 9.00% 13.40% 0.10%

    Please read:
    The thoughts published in this article are personal and not recommendations for you to buy or sell shares. The author of this report does not know the specific situations of the reader, his or her own finances or what is in his or her best interest at any given time. All users should speak with their financial advisor before buying or selling any securities Comments are expressed for learning purposes only

    Dominion Energy summary

    Wednesday, April 21st, 2021
    Open$80.75
    Close$80.2
    Day range$80.01 - $80.85
    Previous close$80.11
    Session gain0.11%
    Average true range$1.19
    50d mov avg$73.62
    100d mov avg$73.58
    200d mov avg$75.83
    Earnings dateMay 4th, 2021

    Frequently asked questions

    What is Dominion Energy stock symbol?

    Dominion Energy, Inc. is a public company trading in the US stock market with the D symbol

    Is Dominion Energy stock a buy or sell?

    Dominion Energy received 2 ratings in the last 30 days: 2 bullish, 0 bearish and 0 neutral.

    Will D go up?

    Dominion Energy had different price predictions posted by market analysts in the last 30 days forecasting the target price to $86.00. That is a 7.23% than the current price ($80.20).