Analyzing Dominion Energy Stock before Its 2Q17 Earnings

Currently, Dominion Energy (D) stock is trading at a 1% discount and a 1% premium to its 50-day and 200-day moving averages, respectively. Its 50-day moving average level of ~$78.50 might act as resistance, while its 200-day moving average level near $76.22 might act as support in the short term. The trend might set in after Dominion Energy stock crosses above or below these levels.

Dominion Energy’s RSI (relative strength index) is near 48.

Currently, NextEra Energy (NEE) stock seems strong. It’s trading at a 3% and 9% premium to its 50-day and 200-day moving averages, respectively. Its RSI is near 61.

To learn more about NextEra Energy’s expected 2Q17 earnings, read How NextEra Energy Looks ahead of 2Q17 Earnings.