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 1 out of 10. DUK has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.
DUK is part of the Electric Utilities industry. There are 46 other stocks in this industry, of which 62% are performing better than DUK.
In the last month DUK has a been trading in the 111.22 - 124.17 range, which is quite wide. It is currently trading near the lows of this range.
DUK has an average volume of 4055440 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
The short term trend is negative, the long term trend is neutral. Not much exciting going on here.
When compared to the yearly performance of all other stocks, DUK outperforms 67% of them, which is more or less in line with the market.
DUK is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so DUK is lagging the market slightly.
Although the technical rating is bad, DUK does present a nice setup opportunity. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 116.13. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 114.84, a Stop Loss order could be placed below this zone.
More info and screens
104.70
125.29
When analyzing the support we can see 2 important areas.
- A support zone ranging from 110.89 to 114.84. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 105.76 to 105.87. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 2 important resistance areas.
- A resistance zone ranging from 116.13 to 121.80. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 124.05 to 124.05. This zone is formed by a combination of multiple trend lines 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 | DOWN | NEGATIVE | The short term trend for DUK is down. |
| ChartMill Relative Strength | 67.34 | 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) | DOWN | NEGATIVE | The current price of DUK is below 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) | 43.52 | NEUTRAL | The RSI value for DUK is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.18 | NEGATIVE | The MACD value suggests DUK has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 38.96 | NEUTRAL | The Stochastics value for DUK is a neutral value. |
| Average True Range in percent/ATR (20) | 1.87 | LOW VOLATILITY | The low ATR as a percentage value for DUK suggests low volalility. |
| Average Directional Index/ADX (14) | 17.65 | 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)
115.45
+1 (+0.87%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorUtilities
GICS IndustryElectric Utilities
Performance
% Chg0.87%
1 Week-0.85%
2 Weeks2.66%
1 Month-5.38%
3 Month-1.74%
6 Month-1.37%
12 Month11.47%
2 Year29.3%
3 Year2.6%
5 Year34.82%
10 Year52.45%
15 Year141.12%
Volatility
ATR(14)2.15
ATR(20)%1.87%
ATR Inc7.61%
Range Today2.2
ADR(20)2.06
ADR(20)%1.78%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS67.34
Mansfield-0.14
10 Day High117.83
10 Day Low113.37
20 Day High124.17
20 Day Low111.22
52 Week High125.27
52 Week Low99.21
CS1 End114.84
CR1 Start116.13
Volume & EV
DER(3)-0.72%
DER(5)-1.08%
Volume2.29M
Volume Incr-8.58%
Vol(5)3.24M
Vol(50)4.06M