Duke Realty Corporation (DRE) Stock Technical Analysis
USA - NYSE:DRE - US2644115055 - REIT
Taking everything into account, DRE scores 1 out of 10 in our technical rating. DRE has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.
The technical rating of DRE is bad and it also does not present a quality setup at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
47.22
We found 1 important support area.
- A support zone ranging from 47.70 to 48.19. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 3 important areas.
- Resistance @55.30 from a horizontal line in the daily time frame.
- A resistance zone ranging from 58.47 to 58.93. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A resistance zone ranging from 65.64 to 65.64. This zone is formed by a combination of multiple trend lines in multiple time frames.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | DOWN | NEGATIVE | The long term trend for DRE is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for DRE is down. |
| ChartMill Relative Strength | 66.75 | NEUTRAL | DRE is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of DRE is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of DRE is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of DRE is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 23.31 | OVERSOLD | The low RSI value suggests DRE may be oversold. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.62 | NEGATIVE | The MACD value suggests DRE has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 5.05 | OVERSOLD | The low Stochastics value suggests DRE may be oversold. |
| Average True Range in percent/ATR (20) | 3.47 | MEDIUM VOLATILITY | The ATR as a percentage value for DRE suggests some volalility. |
| Average Directional Index/ADX (14) | 41.6 | POSITIVE | The high ADX value value for DRE suggests a strong trend. |
48.2
+0.23 (+0.48%)
Duke Realty Corporation / DRE FAQ
Can you provide the ChartMill technical rating for Duke Realty Corporation?
ChartMill assigns a technical rating of 1 / 10 to DRE.
What is the current trend direction of Duke Realty Corporation (DRE) stock?
The current trend direction for Duke Realty Corporation (DRE) is Bearish.
What is the RSI signal for DRE stock?
Duke Realty Corporation (DRE) has an RSI value of 23.3118. This indicates that the stock is currently oversold.
What is the buy/sell signal for DRE stock?
The buy/sell signal for Duke Realty Corporation (DRE) is sell as both the short term and long term trends are negative.
What are the support and resistance levels for Duke Realty Corporation (DRE) stock?
Duke Realty Corporation (DRE) has a support level at 48.19 and a resistance level at 55.3. Check the full technical report for our detailed analysis of DRE support and resistance levels.