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Archive - 6/6/2025 - Sign In to see current Signals. |
Duke Energy (DUK) Technical Analysis
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| Summary:
| | Weekly : | | Daily :   Move cursor over the icon to see details.
| | It was the negative week for the Duke Energy (DUK). During the week, the DUK dropped -2.49 points, or -2.12%, and closed at 115.23 on Friday, June 6, 2025. Weekly volume was -21% below average.
Long-term trend: [See DUK long-term trend chart] A long-term uptrend had started on October 6, 2023 at 83.07 and reached 125.30 on April 4, 2025. DUK gained -42.23 points, or -50.84%, in 78 weeks. The chart has formed a Broadening Ascending Wedge chart pattern. The trend support level is at 112.19 and resistance is at 138.23. A Broadening Ascending 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 Ascending Wedge chart pattern help, or use a Technical Stock Screener to see the list of stocks with Broadening Ascending Wedge pattern in a long-term trend.
Medium-term trend: [See DUK medium-term trend chart] A medium-term downtrend had started on April 4, 2025 at 125.30 and reached 111.22 on May 14, 2025. DUK lost 14.08 points, or 11.24%, in 5 weeks. The price is now at the 28.48% retracement level.
Weekly Technical Indicators: [See DUK weekly technical indicators chart] Weekly technical indicators are neutral. The weekly MACD line is below its signal line since May 9, 2025. 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 May 14, 2025 at 111.22 and reached 117.88 on May 30, 2025. DUK gained -6.66 points, or -5.99%, in 16 days. The chart has formed a Ascending Triangle chart pattern. The trend support level is at 114.69 and resistance is at 117.92. An Ascending Triangle is a variation of triangle formation that has a flat resistance line and rising support line. The higher lows indicate an increasing demand and give the ascending triangle definitive bullish bias. An Ascending Triangle usually represents an accumulation stage in bullish market. An Ascending Triangle is considered to be a continuation pattern, especially in an uptrend, but it may also mark a reversal in a downtrend. Use the following link to access a Ascending Triangle chart pattern help, or use a Technical Stock Screener to see the list of stocks with Ascending Triangle pattern in a short-term trend.
Daily Technical Indicators: [See DUK daily technical indicators chart] Daily technical indicators are neutral. During the last week, daily MACD line has moved above its signal line. Such crossover is considered a bullish signal. During the last week, the price has fallen below the Parabolic SAR (stop and reversal). A Parabolic SAR above the price is a bearish signal, and it indicates that momentum is likely to remain in the downward direction. A Parabolic SAR is used as a trailing stop loss for long or short positions. It works best during strong trending periods. Use the following links to access Parabolic SAR Help, or use the Technical Stock Screener to see the list of stocks with the Parabolic SAR close to the price level. During the last week, the price has declined below the moving average in the center of the Bollinger Bands. The Bollinger Bands are often used with a non-oscillator indicator like chart patterns or a trendline. The signals are considered more reliable if these indicators confirm the recommendation of the Bollinger Bands. Use the following links to access the Bollinger Bands Help, or use the Technical Stock Screener to see the list of stocks with the price above the Upper Bollinger Band or below the Lower Bollinger Band.
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