DUKE ENERGY CORP (DUK) Stock Technical Analysis
NYSE:DUK - New York Stock Exchange, Inc. - US26441C2044 - Common Stock - Currency: USD
Taking everything into account, DUK scores 10 out of 10 in our technical rating. Both in the recent history as in the last year, DUK has proven to be a steady performer, scoring decent points in every aspect analyzed.
Both the short term and long term trends are positive. This is a very positive sign.
Looking at the yearly performance, DUK did better than 87% of all other stocks. We also observe that the gains produced by DUK over the past year are nicely spread over this period.
DUK is currently trading near its 52 week high. This is a good sign, certainly because the S&P500 Index is not trading near new highs.
In the last month DUK has a been trading in the 112.07 - 124.17 range, which is quite wide. It is currently trading near the high of this range.
Prices have been consolidating recently, this may present a good entry opportunity.
DUK has an average volume of 4286860 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
DUK is part of the Electric Utilities industry. There are 46 other stocks in this industry, DUK did better than 60% of them.
DUK has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 122.95. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 121.30, a Stop Loss order could be placed below this zone.
More info and screens
104.70
125.29
5 important support areas can be observed.
- A support zone ranging from 118.85 to 121.30. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @116.68 from a horizontal line in the daily time frame.
- Support @114.84 from a horizontal line in the daily time frame.
- Support @111.54 from a trend line in the weekly time frame.
- A support zone ranging from 105.76 to 105.87. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 122.95 to 124.05. This zone is formed by a combination of multiple trend lines in multiple time frames.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS87.8
Mansfield1.08
10 Day High124.17
10 Day Low119.18
20 Day High124.17
20 Day Low112.07
52 Week High125.27
52 Week Low99.21
Performance
1 Week1.02%
2 Weeks0.33%
1 Month5.2%
3 Month6.91%
6 Month8.58%
12 Month19.74%
2 Year37.69%
3 Year9.26%
5 Year43.57%
10 Year62.34%
15 Year156.77%
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
Technical Indicators
MACD(12,26,9)0.04
RSI(14)58.74
LBB119.54
UBB123.01
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 124.06 | 119.17 | 4.89 (3.94%) | 25.00% |
| An entry @124.06. This is a Buy Stop order right above the resistance zone. | An exit @119.17. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 4.89 points, which is 3.94%. | For a 0.99% total portfolio risk, you can invest 25.00% of your capital in this trade. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
122.94
+2.19 (+1.81%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorUtilities
GICS IndustryElectric Utilities
Performance
% Chg1.81%
1 Week1.02%
2 Weeks0.33%
1 Month5.2%
3 Month6.91%
6 Month8.58%
12 Month19.74%
2 Year37.69%
3 Year9.26%
5 Year43.57%
10 Year62.34%
15 Year156.77%
Volatility
ATR(14)2.21
ATR(20)%2.12%
ATR Inc24.06%
Range Today2.65
ADR(20)2.52
ADR(20)%2.05%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS87.8
Mansfield1.08
10 Day High124.17
10 Day Low119.18
20 Day High124.17
20 Day Low112.07
52 Week High125.27
52 Week Low99.21
CS1 End121.3
CR1 Start122.95
Volume & EV
DER(3)-0.23%
DER(5)-0.95%
Volume3.96M
Volume Incr-24.59%
Vol(5)3.23M
Vol(50)4.29M