A price actioin above 94.00 supports a bullish trend direction.
The price action is contained between the 200-day and 200-week simple moving averages.
Bullish confirmation for a break above 97.00 (which is the 23.6% Fibonacci retracement level as well).
The stop-loss price is set at 94.00.
The price action is busy developing a base.
A base-forming price action...
Duke Energy Corp. (DUK)
Duke is a large, regulated U.S. electricity company with a focus on southern states such as Florida and North Carolina. That has served the company well as these states have generally had strong economies with healthy population and economic growth. Duke also recently received a favorable rate agreement with regulators in North Carolina....
Duke Energy (DUK) closed at $88.15 in the latest trading session, marking a +0.44% move from the prior day. The stock exceeded the S&P 500, which registered a loss of 1.43% for the day. Elsewhere, the Dow lost 0.32%, while the tech-heavy Nasdaq lost 2.43%.
Shares of the electric utility have depreciated by 3.69% over the course of the past month, outperforming...
In the latest market close, Duke Energy (DUK) reached $88.68, with a +0.74% movement compared to the previous day. This move outpaced the S&P 500's daily loss of 0.5%. Meanwhile, the Dow experienced a rise of 0.12%, and the technology-dominated Nasdaq saw a decrease of 1.23%.
The electric utility's stock has dropped by 7.77% in the past month, exceeding the...
The last week has looked horrendous for shares of Duke Energy (DUK) and the same is true for many other utilities. It seems that every day it just gets sold more, and it has ended up down 10% for the week. This is especially severe since utilities are supposed to be one of the most defensive options - typically these stocks see low volatility and low growth.
As...
I plan a trade at 97,48 just before the resistance zone at ~97.00. in the past, this zone was often confirmed and the course changed the direction there. We also have the 0,382 Fibonacci just in this zone, increasing the probability of a reverse in this area. The stop loss is placed below the resistance with a little bit of buffer to breathe. The take profit is...
Possible stop below C.
Target is D. If price goes below C by a significant amount, then the pattern is not valid. Most would think of this as a defensive play.
I have this in my IRA due to the high dividend.
Day Range
94.71
95.69
EPS (FWD)
5.65
PE (FWD)
16.83
Div Rate (FWD)
$4.02
Yield (FWD)
4.23%
Short Interest
0.94%
Market Cap
$73.28B
No recommendation.
Duke...
The PEAD projected a bullish outlook for $DUK after a positive over reaction following its earnings release placing the stock in drift B with an expected accuracy of 71.43%.
Neutral until broken.
Utilities are usually a safe place to hide but weakness is noted in some of these names.
This one has a great dividend and I do hold on to it in my IRA.
No recommendation.
This may break down but a good one to catch if it does.
EPS (FWD)
5.65
PE (FWD)
17.38
Div Rate (FWD)
$4.02
Yield (FWD)
4.09%
Short Interest
1.09%
Market Cap
$75.68B
Duke Energy - 30d expiry - We look to Buy at 97.51 (stop at 94.38)
Bespoke support is located at 97.30.
Levels below 97.00 continue to attract buyers.
The daily chart technicals suggests further downside before the uptrend returns.
We look for a temporary move lower.
We look to buy dips.
Our profit targets will be 105.33 and 107.33
Resistance: 103.00 /...
Duke Energy Corporation, together with its subsidiaries, operates as an energy company in the United States. It operates through three segments: Electric Utilities and Infrastructure, Gas Utilities and Infrastructure, and Commercial Renewables. The Electric Utilities and Infrastructure segment generates, transmits, distributes, and sells electricity in the...
The PEAD projected a Bullish outlook for $DUK after a Positive over reaction following its earnings release placing the stock in drift B with an expected accuracy of 66.67%.
