DUKE ENERGY CORP (DUK) Stock Technical Analysis
NYSE:DUK - New York Stock Exchange, Inc. - US26441C2044 - Common Stock - Currency: USD
Overall DUK gets a technical rating of 5 out of 10. In the last year, DUK was an average performer in the market. There are positive signs in the very recent evolution, but the medium term picture is still mixed.
DUK is one of the lesser performing stocks in the Electric Utilities industry. 60% of 47 stocks in the same industry do better.
The long term trend is still neutral, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
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 3343340 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 50% of all stocks.
In the last month DUK has a been trading in a tight range between 113.66 and 119.33.
DUK has an average technical rating and also the quality of the setup is only medium at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
109.78
125.29
When analyzing the support we can see 2 important areas.
- A support zone ranging from 114.21 to 117.72. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @110.89 from a horizontal line in the daily time frame.
2 important resistance areas can be observed.
- A resistance zone ranging from 120.76 to 121.80. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @124.05 from a horizontal line in the daily time frame.
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 | NEUTRAL | NEUTRAL | The long term trend for DUK is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for DUK is up. |
| ChartMill Relative Strength | 50.55 | NEUTRAL | DUK is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of DUK is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of DUK is above a declining 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) | 59.95 | NEUTRAL | The RSI value for DUK is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.38 | POSITIVE | The MACD value suggests DUK has a positive trend. |
| Stochastics (14,3) | 84.76 | OVERBOUGHT | The high Stochastics value suggests DUK may be overbought. |
| Average True Range in percent/ATR (20) | 1.44 | LOW VOLATILITY | The low ATR as a percentage value for DUK suggests low volalility. |
| Average Directional Index/ADX (14) | 13.79 | 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)
118.87
+0.87 (+0.74%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorUtilities
GICS IndustryElectric Utilities
Performance
% Chg0.74%
1 Week1.64%
2 Weeks3.01%
1 Month1.4%
3 Month-0.05%
6 Month10.29%
12 Month18.21%
2 Year26.97%
3 Year8.13%
5 Year40.28%
10 Year60.16%
15 Year131.72%
Volatility
ATR(14)1.71
ATR(20)%1.44%
ATR Inc21.35%
Range Today2.33
ADR(20)1.68
ADR(20)%1.41%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS50.55
Mansfield-0.34
10 Day High119.33
10 Day Low113.66
20 Day High119.33
20 Day Low113.66
52 Week High125.27
52 Week Low100.03
CS1 End116.22
CR1 Start117.1
Volume & EV
DER(3)1.51%
DER(5)0.99%
Volume3.50M
Volume Incr8.44%
Vol(5)3.33M
Vol(50)3.34M