DUKE ENERGY CORP (DUK) Stock Technical Analysis
NYSE:DUK - US26441C2044 - Common Stock
122.49 USD
+0.12 (+0.1%)
122.49 USD
0 (0%)
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.
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.
DUK has an average volume of 3039940 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
When comparing the performance of all stocks over the past year, DUK turns out to be only a medium performer in the overall market: it outperformed 52% of all stocks.
DUK is an average performer in the Electric Utilities industry, it outperforms 50% of 47 stocks in the same industry.
In the last month DUK has a been trading in a tight range between 121.33 and 127.85.
DUK has only a medium technical rating, but it does show a decent setup pattern. 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 121.79, a Stop Loss order could be placed below this zone.
More info and screens
109.78
127.19
We found 4 important support areas.
- A support zone ranging from 120.54 to 121.79. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 116.88 to 117.47. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Strong support @114.84 from a horizontal line in the daily time frame.
- Support @110.89 from a horizontal line in the daily time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 123.31 to 125.93. This zone is formed by a combination of multiple trend lines and important moving averages 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 | 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 | 52.82 | 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) | 49.48 | NEUTRAL | The RSI value for DUK is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.41 | NEGATIVE | The MACD value suggests DUK has a negative trend. |
| Stochastics (14,3) | 30.89 | NEUTRAL | The Stochastics value for DUK is a neutral value. |
| Average True Range in percent/ATR (20) | 1.47 | LOW VOLATILITY | The low ATR as a percentage value for DUK suggests low volalility. |
| Average Directional Index/ADX (14) | 19.59 | NEGATIVE | The low ADX value for DUK suggests a weak or negative trend. |
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)
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 |
|---|---|---|---|
| 123.32 | 121.32 | 2.00 (1.62%) | 25.00% |
| An entry @123.32. This is a Buy Stop order right above the 10 day moving average. | An exit @121.32. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 2.00 points, which is 1.62%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.41%. |
- The distance between exit and entry is rather small compared to the average daily movement of DUK. Please evaluate whether better entry and exit points can be found.
- 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.
122.49
+0.12 (+0.1%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorUtilities
GICS IndustryElectric Utilities
Performance
% Chg0.1%
1 Week-1.49%
2 Weeks0.03%
1 Month-0.34%
3 Month4.05%
6 Month4.26%
12 Month7.49%
2 Year37.94%
3 Year14.57%
5 Year52.46%
10 Year72.74%
15 Year137.66%
Volatility
ATR(14)1.7
ATR(20)%1.47%
ATR Inc-25.71%
Range Today1.08
ADR(20)1.74
ADR(20)%1.42%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS52.82
Mansfield-0.39
10 Day High125.95
10 Day Low121.33
20 Day High127.85
20 Day Low121.33
52 Week High127.85
52 Week Low105.2
CS1 End121.79
CR1 Start123.31
Volume & EV
DER(3)0.21%
DER(5)0.12%
Volume2.15M
Volume Incr-26.87%
Vol(5)2.55M
Vol(50)3.04M