DUKE ENERGY CORP (DUK) Technical Analysis
NYSE:DUK • US26441C2044
Current stock price
DUK Technical Rating and Analysis
Overall DUK gets a technical rating of 6 out of 10. DUK has been an average performer in the overall market. We also notice some doubts in the very recent evolution, but in the medium term things are still fine.
- DUK is part of the Electric Utilities industry. There are 47 other stocks in this industry, of which 60% are performing better than DUK.
- The long term trend is positive and the short term trend is neutral. The long term trend gets the benefit of the doubt for now.
- DUK is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so DUK is lagging the market slightly.
- In the last month DUK has a been trading in the 126.77 - 134.49 range, which is quite wide. It is currently trading in the middle of this range where prices have been consolidating recently, this may present a good entry opportunity, but some resistance may be present above.
- DUK has an average volume of 4640900 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- When compared to the yearly performance of all other stocks, DUK outperforms 53% of them, which is more or less in line with the market.
DUK Weekly and Daily overview Charts
DUK Setup Rating and Analysis
Although the technical rating is only medium, DUK does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. A pullback is taking place, which may present a nice opportunity for an entry. There is a support zone below the current price at 130.00, a Stop Loss order could be placed below this zone.
More info and screens
DUK Support and Resistance Analysis
112.86
We found 3 important support areas.
- A support zone ranging from 128.26 to 130.00. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @119.59 from a trend line in the weekly time frame.
- A support zone ranging from 114.00 to 117.60. This zone is formed by a combination of multiple trend lines in multiple time frames.
We found 1 important resistance area.
- A resistance zone ranging from 130.59 to 133.47. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
DUK Technical Indicator Signal Analysis
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 | UP | POSITIVE | The long term trend for DUK is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for DUK is neutral. |
| ChartMill Relative Strength | 53.31 | NEUTRAL | DUK is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of DUK is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of DUK is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of DUK is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 50.52 | NEUTRAL | The RSI value for DUK is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.08 | NEGATIVE | The MACD value suggests DUK has a negative trend. |
| Stochastics (14,3) | 67.09 | NEUTRAL | The Stochastics value for DUK is a neutral value. |
| Average True Range in percent/ATR (20) | 1.67 | LOW VOLATILITY | The low ATR as a percentage value for DUK suggests low volalility. |
| Average Directional Index/ADX (14) | 14.98 | NEGATIVE | The low ADX value for DUK suggests a weak or negative trend. |
DUK Chart- and CandleStick Pattern Analysis
DUK Example Setup
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 |
|---|---|---|---|
| 133.48 | 129.45 | 4.03 (3.02%) | 25.00% |
| An entry @133.48. This is a Buy Stop order right above the resistance zone. | An exit @129.45. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 4.03 points, which is 3.02%. | For a 0.75% 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.
DUK Technicals: Chart, Performance Metrics, Trend & Indicators
130.4
-1.39 (-1.05%)
DUKE ENERGY CORP / DUK TA FAQ
Can you provide the ChartMill technical rating for DUKE ENERGY CORP?
ChartMill assigns a technical rating of 6 / 10 to DUK.
What is the current trend direction of DUKE ENERGY CORP (DUK) stock?
The current trend direction for DUKE ENERGY CORP (DUK) is Bullish.
What is the RSI signal for DUK stock?
DUKE ENERGY CORP (DUK) has an RSI value of 50.5246. This indicates that the stock is currently neutral.
Can you provide the MACD signal for DUKE ENERGY CORP?
The MACD indicator for DUKE ENERGY CORP (DUK) has a value of -0.0825412, indicating a bearish trend.