DUKE ENERGY CORP (DUK) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:DUK - US26441C2044 - Common Stock
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.
The technical rating of DUK is bad and it also does not present a quality setup at the moment. Prices have been extended to the downside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
113.69
We found 1 important support area.
- A support zone ranging from 114.84 to 115.64. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 3 important areas.
- A resistance zone ranging from 117.60 to 118.67. This zone is formed by a combination of multiple trend lines in the daily time frame.
- A resistance zone ranging from 120.77 to 125.93. 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 | 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 | 47.69 | 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 | MIXED | The current price of DUK is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 28.15 | OVERSOLD | The low RSI value suggests DUK may be oversold. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.61 | NEGATIVE | The MACD value suggests DUK has a negative trend. |
| Stochastics (14,3) | 2.06 | OVERSOLD | The low Stochastics value suggests DUK may be oversold. |
| Average True Range in percent/ATR (20) | 1.62 | LOW VOLATILITY | The low ATR as a percentage value for DUK suggests low volalility. |
| Average Directional Index/ADX (14) | 29.08 | POSITIVE | The high ADX value value for DUK suggests a strong trend. |
116.52
-1.45 (-1.23%)
DUKE ENERGY CORP / DUK FAQ
Can you provide the ChartMill technical rating for DUKE ENERGY CORP?
ChartMill assigns a technical rating of 1 / 10 to DUK.
What is the trend direction for DUK stock?
The current trend direction for DUKE ENERGY CORP (DUK) is Bearish.
Can you provide the RSI signal for DUKE ENERGY CORP?
DUKE ENERGY CORP (DUK) has an RSI value of 28.1486. This indicates that the stock is currently oversold.
What are the support and resistance levels for DUKE ENERGY CORP (DUK) stock?
DUKE ENERGY CORP (DUK) has a support level at 115.64 and a resistance level at 117.6. Check the full technical report for our detailed analysis of DUK support and resistance levels.