| DTE Energy is a holding company. Through its subsidiaries, DTE Electric Company (DTE Electric) and DTE Gas Company (DTE Gas), Co. is engaged in the utility business. Co.'s segments include: Electric, which consists of DTE Electric that engages in the generation, purchase, distribution, and sale of electricity; Gas, which consists of DTE Gas that engages in the purchase, storage, transportation, distribution, and sale of natural gas; DTE Vantage, which is primarily involved in renewable natural gas projects and providing custom energy solutions to customers; and Energy Trading, which focuses on physical and financial power, natural gas and environmental marketing and trading. |
When researching a stock like DTE Energy, many investors are the most familiar with Fundamental Analysis — looking at a company's balance sheet, earnings, revenues, and what's happening in that company's underlying business. Investors who use Fundamental Analysis to identify good stocks to buy or sell can also benefit from DTE Technical Analysis to help find a good entry or exit point. Technical Analysis is blind to the fundamentals and looks only at the trading data for DTE stock — the real life supply and demand for the stock over time — and examines that data in different ways. One of those ways is to calculate a Simpe Moving Average ("SMA") by looking back a certain number of days. One of the most popular "longer look-backs" is the DTE 200 day moving average ("DTE 200 DMA"), while one of the most popular "shorter look-backs" is the DTE 50 day moving average ("DTE 50 DMA"). A chart showing both of these popular moving averages is shown on this page for DTE Energy. Comparing two moving averages against each other can be a useful visualization tool: by calculating the difference between the DTE 200 DMA and the DTE 50 DMA, we get a moving average convergence divergence indicator ("DTE MACD"). The DTE MACD chart, in conjunction with the chart of the moving averages, basically helps in visualizing how the moving averages are showing convergence (moving closer together), or divergence (moving farther apart).