The Greedy Trader Weekly Analysis
Sign In Jun 2, 2023
Skip Navigation Links
TA Search
Yearly Price vs. Fibonacci:Near 38.2% retracement level
Number of records: 10
Symbol:  

• Symbol Lookup
• View Technical Chart
• Add to Watch List
• Candlestick Patterns
• Stock Technical Indicators
• Stock Trends Analysis
• Market Sector Rank
• Stock Trading Signals
Stock Market Trend Analysis and Technical Indicators Scanner.
technical analysis,screen stochastic,moving average trading system, trading indicator,technical analysis stock screen, macd convergence divergence, technical indicator macd,technical investment analysis,trading indicator,stochastics, bulls, bears, bullish, bearish, market, stock market
Stock market trading indicator and technical analysis stock screen presents technical stock market timing signals for technical investment analysis like screen stochastic or moving average trading system.. Screen includes following popular indicators and trading systems: Relative Strength Index (RSI), Williams' Percentage Range (W%R) and Lane's Stochastic (%D–Slow), moving average, macd convergence divergence, bullish and bearish divergence. For the best result different technical indicators should be analyzed in different time frames together with trend analysis, sector/industry ranking and stock timing alerts.

Duke Energy (DUK)

Subscribe to TheGreedyTrader Weekly Alerts
Summary:
Weekly :Weekly  MACD line has moved below its signal lineBroken trend support line - Downtrend exhaustionWilliams' Percentage Range is oversold
Daily :20 Day Moving Average has crossed below the 50 Day Moving AverageRelative Strength Index, Williams' Percentage Range and Lane's Stochastic are oversold
Move cursor over the icon to see details.

It was the negative week for the Duke Energy (DUK). During the week, the DUK dropped -3.81 points, or -4.12%, and closed at 88.70 on Friday, May 26, 2023. Weekly volume was 8% above average.

Long-term trend: [See DUK long-term trend chart]
A long-term downtrend had started on April 21, 2022 at 116.33 and reached 83.76 on October 13, 2022. DUK lost 32.57 points, or 28.00%, in 25 weeks. The price is now at the 15.17% retracement level.

Medium-term trend: [See DUK medium-term trend chart]
A medium-term downtrend had started on April 25, 2023 at 100.39 and reached 87.52 on May 26, 2023. DUK lost 12.87 points, or 12.82%, in 4 weeks. The chart has formed a Broadening Descending Wedge chart pattern. The downtrend support line (94.42) is broken, while daily and weekly technical indicators are oversold. Downtrend is exhausted and trend reversal is possible soon. 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 medium-term trend.

Weekly Technical Indicators: [See DUK weekly technical indicators chart]
Weekly Williams' Percentage Range is strongly oversold. Use the Technical Stock Screener to see the list of stocks with weekly strongly oversold Williams' Percentage Range. 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 Williams' Percentage Range help.

During the last week, weekly MACD line has moved below its signal line. Such crossover is considered a bearish signal. 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 May 8, 2023 at 99.81 and reached 87.52 on May 26, 2023. DUK lost 12.29 points, or 12.31%, in 18 days. The price is now at the 9.60% retracement level.

Daily Technical Indicators: [See DUK daily technical indicators chart]
Daily Relative Strength Index, Williams' Percentage Range and Lane's Stochastic are strongly oversold. Use the Technical Stock Screener to see the list of stocks with daily strongly oversold Relative Strength Index, Williams' Percentage Range and Lane's Stochastic. Use the following links to access Lane's Stochastic and Relative Strength Index help.

The daily MACD line is below its signal line since May 1, 2023. This is an indication that the short-term trend is down. The distance between MACD and the signal line is near its high and getting bigger. It indicates that the current short-term downtrend is strong.

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.

Daily Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 9.59
Strong Oversold
Williams' Percentage Range (W%R) 90.60
Strong Oversold
Lane's Stochastic (%D-Slow) 5.11
Strong Oversold
Greed/Fear Indicator (GFI) 8.05
Strong Oversold
Moving Average Converg./Diverg. (MACD) -1.39
Weekly Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 33.19
Williams' Percentage Range (W%R) 93.70
Strong Oversold
Lane's Stochastic (%D-Slow) 53.86
Greed/Fear Indicator (GFI) 35.26
Moving Average Converg./Diverg. (MACD) -1.18 Bullish
Trading Signals
Description Value Chart
Upper Bollinger Band 101.12
Monthly Trendline Resistance 98.91
50 Day Moving Average 96.36
20 Day Moving Average 95.08
Monthly Trendline Support 94.42
Weekly Stochastic Crossing 93.42
Parabolic System 92.06
Price 88.70
Daily Stochastic Crossing 87.93
Lower Bollinger Band 86.81
Sector and Industry
Description Name Rank
Sector Utilities 6
Industry Electric Utilities 65
Daily Trend
Description Value
Direction Down
Chart Pattern DownTrend
High 99.81
High Date 05/08/2023
Low 87.52
Low Date 05/26/2023
Weekly Trend
Monthly Trend
Description Value
Direction Down
Chart Pattern DownTrend
Status
Resistance
Support
High 99.81
High Date 05/08/2023
Low 87.52
Low Date 05/26/2023
Description Value
Direction Down
Chart Pattern Broadening Descending Wedge
Status Broken Support
Resistance 98.91
Support 94.42
High 100.39
High Date 04/25/2023
Low 87.52
Low Date 05/26/2023
Quarterly Trend
Yearly Trend
Description Value
Direction Down
Chart Pattern DownTrend
Status
Resistance
Support
High 106.43
High Date 01/09/2023
Low 87.52
Low Date 05/26/2023
Description Value
Direction Down
Chart Pattern DownTrend
Status
Resistance
Support
High 116.33
High Date 04/21/2022
Low 83.76
Low Date 10/13/2022
Warning: TheGreedyTrader.com presents weekly analysis. Technical indicators and trend parameters are calculated for the close of business day indicated on the top right corner of the screen.

Copyright© 2004- All rights reserved.