DUKE ENERGY CORP (DUK) Stock Technical Analysis
USA - NYSE:DUK - US26441C2044 - Common Stock
We assign a technical rating of 4 out of 10 to DUK. 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 has only a medium technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a support zone below the current price at 121.46, a Stop Loss order could be placed below this zone.
More info and screens
115.52
When analyzing the support we notice one important area.
- A support zone ranging from 116.69 to 121.46. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 123.68 to 125.47. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 128.53 to 129.03. 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 | UP | POSITIVE | The long term trend for DUK is up. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for DUK is down. |
| ChartMill Relative Strength | 61.82 | 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 | MIXED | The current price of DUK is below 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) | 44.06 | NEUTRAL | The RSI value for DUK is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.31 | NEGATIVE | The MACD value suggests DUK has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 28.24 | NEUTRAL | The Stochastics value for DUK is a neutral value. |
| Average True Range in percent/ATR (20) | 1.45 | LOW VOLATILITY | The low ATR as a percentage value for DUK suggests low volalility. |
| Average Directional Index/ADX (14) | 23.77 | NEUTRAL | The ADX value for DUK suggests a possible start of a new trend. |
123.59
-0.31 (-0.25%)
DUKE ENERGY CORP / DUK FAQ
Can you provide the ChartMill technical rating for DUKE ENERGY CORP?
ChartMill assigns a technical rating of 4 / 10 to DUK.
What is the trend direction for 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 44.0569. This indicates that the stock is currently neutral.
What is the buy/sell signal for DUKE ENERGY CORP (DUK) stock?
The buy/sell signal for DUKE ENERGY CORP (DUK) is hold as the short term and long term trends are mixed.
Can you provide the support and resistance levels for DUKE ENERGY CORP?
DUKE ENERGY CORP (DUK) has a support level at 121.46 and a resistance level at 123.68. Check the full technical report for our detailed analysis of DUK support and resistance levels.