DUKE ENERGY CORP (DUK) Technical Analysis
NYSE:DUK • US26441C2044
Current stock price
DUK Technical Rating and Analysis
Taking everything into account, DUK scores 8 out of 10 in our technical rating. This is due to a decent performance in both the short and medium term time frames. Compared to the overall market, DUK is only an average performer.
- The long and short term trends are both positive. This is looking good!
- DUK is currently trading in the upper part of its 52 week range. The S&P500 Index is also trading in the upper part of its 52 week range, so DUK is performing more or less in line with the market.
- In the last month DUK has a been trading in the 125.08 - 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 4638570 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- Looking at the yearly performance, DUK did better than 73% of all other stocks. However, this overall good ranking is mostly due to the recent strong move.
- DUK is an average performer in the Electric Utilities industry, it outperforms 51% of 46 stocks in the same industry.
DUK Weekly and Daily overview Charts
DUK Setup Rating and Analysis
DUK has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately. A pullback is taking place, which may present a nice opportunity for an entry.
More info and screens
DUK Support and Resistance Analysis
112.86
When analyzing the support we can see 3 important areas.
- Support @122.15 from a trend line in the daily time frame.
- A support zone ranging from 117.28 to 118.76. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 114.00 to 115.30. 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 130.69 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 | UP | POSITIVE | The short term trend for DUK is up. |
| ChartMill Relative Strength | 73.17 | POSITIVE | DUK has a high relative strength, it outperformed 73.17% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of DUK is below the rising 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) | 52.46 | NEUTRAL | The RSI value for DUK is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.42 | NEGATIVE | The MACD value suggests DUK has a negative trend. |
| Stochastics (14,3) | 44.62 | NEUTRAL | The Stochastics value for DUK is a neutral value. |
| Average True Range in percent/ATR (20) | 1.71 | LOW VOLATILITY | The low ATR as a percentage value for DUK suggests low volalility. |
| Average Directional Index/ADX (14) | 24.56 | NEUTRAL | The ADX value for DUK suggests a possible start of a new trend. |
DUK Chart- and CandleStick Pattern Analysis
DUK Technicals: Chart, Performance Metrics, Trend & Indicators
129.74
-1.01 (-0.77%)
DUKE ENERGY CORP / DUK TA FAQ
Can you provide the ChartMill technical rating for DUKE ENERGY CORP?
ChartMill assigns a technical rating of 8 / 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.
Can you provide the RSI signal for DUKE ENERGY CORP?
DUKE ENERGY CORP (DUK) has an RSI value of 52.4552. This indicates that the stock is currently neutral.
What is the short term momentum for DUKE ENERGY CORP (DUK) stock?
The short term momentum for DUKE ENERGY CORP (DUK) is positive.
Can you provide the support and resistance levels for DUKE ENERGY CORP?
DUKE ENERGY CORP (DUK) has a support level at 122.15 and a resistance level at 130.69. Check the full technical report for our detailed analysis of DUK support and resistance levels.