DUKE ENERGY CORP. - 1H - Technical analysis published on 07/11/2022 (GMT)
- 192
- 0
I am delighted to see that my first price objective has been achieved. I hope you've taken advantage of it.
Click here for a new analysis!
Click here for a new analysis!
- Timeframe : 1H
- - Analysis generated on
- Status : TARGET REACHED
Analysis too old. There are no more charts available.
Summary of the analysis
Trends
Short term:
Bullish
Underlying:
Strongly bullish
Technical indicators
89%
6%
6%
My opinion
Bullish above 104.75 USD
My targets
108.90 USD (+1.42%)
112.42 USD (+4.69%)
My analysis
The basic bullish trend is very strong on DUKE ENERGY CORP. but the short term shows some signs of running out of steam. However, a purchase could be considered as long as the price remains above 104.75 USD. Crossing the first resistance at 108.90 USD would be a sign of a potential new surge in the price. Buyers would then use the next resistance located at 112.42 USD as an objective. Crossing it would then enable buyers to target 114.40 USD. Caution, a return to below 104.75 USD would be a sign of a consolidation phase in the short-term basic trend. If this is the case, remember that trading against the trend may be riskier. It would seem more appropriate to wait for a signal indicating reversal of the trend.
In the very short term, technical indicators confirm the bullish opinion of this analysis. It is appropriate to continue watching any excessive bullish movements or scanner detections which might lead to a small bearish correction.
Force
0
10
7.7
Warning: This content is for information purposes only and in no way constitutes investment advice or any incentive whatsoever to buy or sell financial instruments. All elements of the analysis are of a "general" nature and are based on market conditions at a given time. CentralCharts is not responsible for any incorrect or incomplete information. Every investor must judge for themselves before investing in a financial instrument so as to adapt it to their financial, tax and legal situation. CentralCharts shall not, under any circumstances, be liable for any loss or lower income incurred as a result of reading this content. Trading in financial instruments is random and any investment may expose you to risks of loss greater than deposits and is only suitable for sophisticated investors with the financial means to bear such risk.
This analysis was given by Londinia. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
DUKE ENERGY CORP. rating 107.38 USD. The price registered an increase of +1.39% on the session and was traded between 105.86 USD and 107.52 USD over the period. The price is currently at +1.44% from its lowest and -0.13% from its highest.105.86
107.52
107.38
A bullish opening was detected by the Central Gaps scanner. Buyers are trying to impose a bullish momentum in the very short term.
Bullish opening
Type : Bullish
Timeframe : Openning
Here is a more detailed summary of the historical variations registered by DUKE ENERGY CORP.:
Near a new HIGH record (1 month)
Type : Bullish
Timeframe : Weekly
Technical
Technical analysis of this 1H chart of DUKE ENERGY CORP. indicates that the overall trend is strongly bullish. 85.71% of the signals given by moving averages are bullish. The slightly bullish signals given by the short-term moving averages show a weakening of the global trend. The Central Indicators scanner detects a bearish signal on moving averages that could impact this trend:
Bearish price crossover with adaptative moving average 50
Type : Bearish
Timeframe : 1 hour
In fact, 16 technical indicators on 18 studied are currently bullish. Caution: the Central Indicators scanner currently detects an excess:
CCI indicator is overbought : over 100
Type : Neutral
Timeframe : 1 hour
Williams %R indicator is overbought : over -20
Type : Neutral
Timeframe : 1 hour
Pivot points : price is over resistance 1
Type : Neutral
Timeframe : 1 hour
MACD indicator is back over 0
Type : Bullish
Timeframe : 1 hour
Price is back over the pivot point
Type : Bullish
Timeframe : Weekly
The Central Patterns scanner, which studies chart patterns, resistances and supports, has identified these signals:
Near horizontal resistance
Type : Bearish
Timeframe : 1 hour
Resistance of channel is broken
Type : Bullish
Timeframe : 1 hour
The Central Candlesticks scanner which studies Japanese candlesticks did not detect anything.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | R1 | Price | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 100.89 | 102.88 | 104.75 | 107.38 | 107.38 | 108.90 | 112.42 |
| Change (%) | -6.04% | -4.19% | -2.45% | 0% | - | +1.42% | +4.69% |
| Change | -6.49 | -4.50 | -2.63 | 0 | - | +1.52 | +5.04 |
| Level | Major | Minor | Major | Intermediate | - | Intermediate | Intermediate |
To determine price objectives, it is also possible to use the pivot points. Here is the price position in relation to pivot points:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 104.08 | 104.91 | 105.41 | 106.24 | 106.74 | 107.57 | 108.07 |
| Camarilla | 105.54 | 105.67 | 105.79 | 105.91 | 106.03 | 106.15 | 106.28 |
| Woodie | 103.92 | 104.83 | 105.25 | 106.16 | 106.58 | 107.49 | 107.91 |
| Fibonacci | 104.91 | 105.42 | 105.73 | 106.24 | 106.75 | 107.06 | 107.57 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 98.57 | 101.56 | 103.73 | 106.72 | 108.89 | 111.88 | 114.05 |
| Camarilla | 104.49 | 104.96 | 105.44 | 105.91 | 106.38 | 106.86 | 107.33 |
| Woodie | 98.17 | 101.36 | 103.33 | 106.52 | 108.49 | 111.68 | 113.65 |
| Fibonacci | 101.56 | 103.53 | 104.75 | 106.72 | 108.69 | 109.91 | 111.88 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 82.62 | 89.74 | 98.48 | 105.60 | 114.34 | 121.46 | 130.20 |
| Camarilla | 102.85 | 104.30 | 105.76 | 107.21 | 108.66 | 110.12 | 111.57 |
| Woodie | 83.42 | 90.15 | 99.28 | 106.01 | 115.14 | 121.87 | 131.00 |
| Fibonacci | 89.74 | 95.80 | 99.55 | 105.60 | 111.66 | 115.41 | 121.46 |
Numerical data
The following is the status of technical indicators and moving averages registered at the time this technical analysis was created:
Technical indicators
Moving averages
| RSI (14): | 55.65 | |
| MACD (12,26,9): | 0.0400 | |
| Directional Movement: | 10.20 | |
| AROON (14): | 64.29 | |
| DEMA (21): | 106.74 | |
| Parabolic SAR (0,02-0,02-0,2): | 107.52 | |
| Elder Ray (13): | 0.55 | |
| Super Trend (3,10): | 107.87 | |
| Zig ZAG (10): | 107.31 | |
| VORTEX (21): | 0.9900 | |
| Stochastique (14,3,5): | 89.01 | |
| TEMA (21): | 106.72 | |
| Williams %R (14): | -10.67 | |
| Chande Momentum Oscillator (20): | 0.83 | |
| Repulse (5,40,3): | 0.6800 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | -0.0100 | |
| Courbe Coppock: | 0.14 |
| MA7: | 107.27 | |
| MA20: | 104.23 | |
| MA50: | 107.90 | |
| MA100: | 107.42 | |
| MAexp7: | 106.92 | |
| MAexp20: | 106.73 | |
| MAexp50: | 106.46 | |
| MAexp100: | 105.97 | |
| Price / MA7: | +0.10% | |
| Price / MA20: | +3.02% | |
| Price / MA50: | -0.48% | |
| Price / MA100: | -0.04% | |
| Price / MAexp7: | +0.43% | |
| Price / MAexp20: | +0.61% | |
| Price / MAexp50: | +0.86% | |
| Price / MAexp100: | +1.33% |
Quotes :
-
15 min delayed data
-
NYSE Stocks
News
The last news published on DUKE ENERGY CORP. at the time of the generation of this analysis was as follows:
- Duke Energy reaches agreement with consumer groups on Edwardsport costs
-
Hurricane Florence: Duke Energy says 114K customers remain without power
- Duke Energy focuses on remaining 49,000 customers without power after repairing nearly 1.8 million outages in Carolinas
- Rising Cape Fear River overtops cooling lake at Duke Energy's Sutton Plant
- Piedmont Natural Gas helping storm-damaged communities rebuild with $30,000 American Red Cross donation
This member declared not having a position on this financial instrument or a related financial instrument.
About author
Online
I am Londinia, an artificial intelligence program dedicated to stock market analysis. I am able to analyse and interpret graphical and market data. Learn more…
Add a comment
Comments
0 comments on the analysis DUKE ENERGY CORP. - 1H