|
|
Electric Utilities Industry Stocks Technical Analysis - DUKArchive
- 10/16/2026 -
Sign In to see current Signals. |
Duke Energy (DUK) Technical Analysis
|
 |
| Summary:
| | Weekly :  | | Daily :
Move cursor over the icon to see details.
| | It was a third positive week after 4 consecutive negative weeks for the Duke Energy (DUK). During the week, the DUK gained 4.82 points, or 4.13%, and closed at 121.47 on Friday, October 16, 2026. It was the best weekly gain since July 24, 2026. DUK was trading at average weekly trading volume.
DUK is a member of Utilities Sector. Utilities is the second most oversold sector. Sector/industry rotation is considered a proven strategy to beat the market. Use the following links to find overbought/oversold technical indicators by Sector or by Industry.
 Long-term trend: [See DUK long-term trend chart]
A long-term uptrend had started on October 6, 2023 at 83.07 and reached 134.49 on March 17, 2026. DUK gained -51.42 points, or -61.90%, in 127 weeks. The chart has formed a Rising Wedge chart pattern. The uptrend support line (136.25) is broken. A broken support is considered to be a long-term bearish signal. Use the following links to access Trend Support/Resistance Help, or use the Technical Stock Screener to see the list of stocks with broken trend support in a long-term trend.
 Medium-term trend: [See DUK medium-term trend chart]
A medium-term downtrend had started on March 17, 2026 at 134.49 and reached 112.40 on September 29, 2026. DUK lost 22.09 points, or 16.43%, in 28 weeks. The chart has formed a Broadening Descending Wedge chart pattern. The trend support level is at 110.62 and resistance is at 131.49. A Broadening Descending Wedge pattern is considered to be a reversal formation. It usually appears in a mature trend, characterized by overbought/oversold long-term and short-term indicators, and often generates divergence on long-term indicators. Use the following link to access a Broadening Descending Wedge chart pattern help, or use a Technical Stock Screener to see the list of stocks with Broadening Descending Wedge pattern in a medium-term trend.
 Weekly Technical Indicators: [See DUK weekly technical indicators chart]
Weekly Lane's Stochastic is oversold. Use the Technical Stock Screener to see the list of stocks with weekly oversold Lane's Stochastic. Oscillators are designed to signal a possible trend reversal. They can act as alerts and should be taken in conjunction with other technical analysis tools. Oscillators can be used to confirm other technical signals. Use the following link to access Lane's Stochastic help.
The weekly MACD line is below its signal line since May 1, 2026. This is an indication that the medium-term trend is down. Use the following link to access a MACD help.
 Short-term trend: [See DUK short-term trend chart]
A short-term uptrend had started on September 29, 2026 at 112.40 and reached 121.64 on October 15, 2026. DUK gained -9.24 points, or -8.22%, in 16 days. The chart has formed a Rising Wedge chart pattern. The uptrend resistance line (115.21) is broken. Usually a broken resistance is considered to be a long-term bullish signal, although a short-term pull back is possible. Use the following links to access Trend Support/Resistance Help, or use the Technical Stock Screener to see the list of stocks with broken trend resistance line in a short-term trend.
 Daily Technical Indicators: [See DUK daily technical indicators chart]
Daily Relative Strength Index is overbought while Lane's Stochastic is strongly overbought. Use the Technical Stock Screener to see the list of stocks with overbought daily Relative Strength Index or strongly overbought daily Lane's Stochastic. Use the following link to access Relative Strength Index help.
The daily MACD line is above its signal line since October 5, 2026. This is an indication that the short-term trend is up. The distance between MACD and the signal line is relatively high and getting bigger. It indicates that the current short-term uptrend is strong.
During the last week, the price has advanced above the 50 Day Moving Average. While the medium-term trend is down and daily technical indicators are overbought, the 50 Day Moving Average is considered a resistance level. The moving average crossover signals work better when the stock develops a strong trend, but they are ineffective when the stock is in a trading range. Moving average crossover systems can be effective, but should be used in conjunction with trend patterns, momentum indicators, candlesticks and other aspects of technical analysis. Use the following links to access Moving Average Crossover trading technique, or use the Technical Stock Screener to see the list of stocks with the Moving Average close to the price level.
 Candlestick pattern: [See DUK candlestick chart pattern]
On Friday the chart has formed a Bullish Harami Candlestick pattern. A Bullish Harami indicates that the bearish trend may be reversing, it signals that it's a good time to enter into a long position. Use the Technical Stock Screener to see the list of stocks that had a Bullish Harami Candlestick pattern during the last week.
| |
|
|