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Archive
- 5/23/2025 -
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Duke Energy (DUK) Technical Analysis
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| Summary:
| | Weekly : | | Daily :
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| | It was a first positive week for the Duke Energy (DUK). During the week, the DUK climbed 0.23 points, or 0.20%, and closed at 116.49 on Friday, May 23, 2025. DUK was trading at average weekly trading volume.
DUK is a member of Utilities Sector. Utilities is the most overbought 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 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 111.56 and resistance is at 137.25. 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 chart has formed a Falling Channel chart pattern. The trend support level is at 110.80 and resistance is at 123.65. A Falling Channel represents price movement contained between parallel lower (support) and upper (resistance) trend lines. Trading Channeling stocks is one of the most reliable and accurate trading techniques that provide traders with precise entry and exit points as well as stop-losses and take-profit recommendations. Use the following link to access a Falling Channel chart pattern help, or use a Technical Stock Screener to see the list of stocks with Falling Channel pattern in a medium-term trend.
 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. The distance between MACD and the signal line is low, but getting bigger. It indicates that the current medium-term downtrend is getting stronger. 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 117.83 on May 20, 2025. DUK gained -6.61 points, or -5.94%, in 6 days. The price is now at the 20.27% retracement level.
Daily Technical Indicators: [See DUK daily technical indicators chart]
Daily technical indicators are neutral. During the last week, daily Lane's Stochastic signal line (%D) has moved above oversold area. Such crossover is considered a bullish signal. 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 daily MACD line is below its signal line since May 7, 2025. The distance between MACD and the signal line is low and getting smaller.
A Parabolic SAR (stop and reversal) indicator (117.09) comes close to the price (116.49). It indicates that the trend is getting weaker. 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 20 Day Moving Average has crossed below the 50 Day Moving Average. Such crossover is considered a bearish signal. 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.
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