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Downtrend Broken Resist.Archive - 4/25/2025 - 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 -1.95 points, or -1.60%, and closed at 119.85 on Friday, April 25, 2025. It was the worst weekly loss since February 14, 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 110.16 and resistance is at 135.07. 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 uptrend had started on January 13, 2025 at 105.20 and reached 125.30 on April 4, 2025. DUK gained -20.10 points, or -19.11%, in 11 weeks. The chart has formed a Rising Channel chart pattern. The price is near the trend support (120.05) line. The support is usually stronger when technical indicators are oversold. Use the following links to access Trend Support/Resistance Help, or use the Technical Stock Screener to see the list of stocks with price testing the trend support line in a medium-term trend.
Weekly Technical Indicators: [See DUK weekly technical indicators chart] Weekly technical indicators are neutral. The weekly MACD line is above its signal line since February 21, 2025. This is an indication that the medium-term trend is up. Use the following link to access a MACD help.
Short-term trend: [See DUK short-term trend chart] A short-term downtrend had started on April 22, 2025 at 122.89 and reached 119.42 on April 25, 2025. DUK lost 3.47 points, or 2.82%, in 3 days. The price is now at the 12.39% retracement level.
Daily Technical Indicators: [See DUK daily technical indicators chart] Daily technical indicators are neutral. The daily MACD line is above its signal line since April 16, 2025. The distance between MACD and the signal line is low and getting smaller. The price is close to 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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