DUKE ENERGY CORP.

- USD (-)

- 15 min delayed data - NYSE Stocks

Open:	-
Change:	-
Volume:	-

Low:	-
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High / Low range:	-

Type:	Stocks
Ticker:	DUK
ISIN:

DUKE ENERGY CORP. - 1H - Technical analysis published on 06/03/2024 (GMT)

Londinia

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Timeframe : 1H
- Analysis generated on
Status : TARGET REACHED

Summary of the analysis

Trends

Short term: Strongly bullish

Underlying: Bullish

Technical indicators

61%

33%

My opinion

Bullish above 102.66 USD

My targets

104.38 USD (+0.85%)

106.25 USD (+2.66%)

My analysis

In the short term, there could be an acceleration of the basic bullish trend on DUKE ENERGY CORP.. This is a positive signal for buyers. As long as the price remains above 102.66 USD, a purchase could be considered. The first bullish objective is located at 104.38 USD. The bullish momentum would be boosted by a break in this resistance. Buyers would then use the next resistance located at 106.25 USD as an objective. In the event of a return below 102.66 USD, the price would probably only initiate a small short-term correction to improve the bullish trend. Trading this correction may be risky.

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

6.4

Comment on the analysis

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 103.50 USD. On the day, this instrument lost -0.07% and was traded between 102.82 USD and 103.82 USD over the period. The price is currently at +0.66% from its lowest and -0.31% from its highest.

102.82

103.82

103.50

The Central Gaps scanner detects a bearish opening marking the presence of sellers ahead of buyers at the opening but not sufficiently marked to allow the price to register a quotation gap.

Bearish opening

Type : Bearish

Timeframe : Openning

A study of price movements over other periods shows the following variations:

The Central Records scanner for higher/lower results shows the following items:

Near a new HIGH record (5 years)

Type : Bullish

Timeframe : Weekly

Near a new HIGH record (1 year)

Type : Bullish

Timeframe : Weekly

Near a new HIGH record (1st january)

Type : Bullish

Timeframe : Weekly

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 bullish. 78.57% of the signals given by moving averages are bullish. The overall trend is reinforced by the strong bullish signals from short-term moving averages. The Central Indicators scanner does not detect any result on moving averages that would impact this trend.

In fact, 11 technical indicators on 18 studied are currently positioned bullish. Caution: the Central Indicators scanner currently detects an excess:

Williams %R indicator is overbought : over -20

Type : Neutral

Timeframe : 1 hour

The Central Indicators scanner specialised in technical indicators, has not detected anything further.

An analysis of the price chart with the Central Patterns scanner (detector of chart patterns and resistances and supports) shows several results that can have an impact on the price change:

Near horizontal resistance

Type : Bearish

Timeframe : 1 hour

Resistance of channel is broken

Type : Bullish

Timeframe : 1 hour

The Central Candlesticks scanner, specialised in Japanese candlesticks, did not identify any signals.

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2
ProTrendLines	98.61	100.07	102.66	103.50	104.38	106.25
Change (%)	-4.72%	-3.31%	-0.81%	-	+0.85%	+2.66%
Change	-4.89	-3.43	-0.84	-	+0.88	+2.75
Level	Minor	Major	Intermediate	-	Major	Major

Pivot points can also be used to set your price objectives. Here is the price situation in relation to pivot points:

Daily

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	99.94	100.70	102.13	102.89	104.32	105.08	106.51
Camarilla	102.97	103.17	103.37	103.57	103.77	103.97	104.17
Woodie	100.29	100.87	102.48	103.06	104.67	105.25	106.86
Fibonacci	100.70	101.53	102.05	102.89	103.72	104.24	105.08

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	97.56	98.79	101.18	102.41	104.80	106.03	108.42
Camarilla	102.58	102.91	103.24	103.57	103.90	104.23	104.57
Woodie	98.14	99.08	101.76	102.70	105.38	106.32	109.00
Fibonacci	98.79	100.17	101.03	102.41	103.79	104.65	106.03

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	90.45	93.48	98.53	101.56	106.61	109.64	114.69
Camarilla	101.35	102.09	102.83	103.57	104.31	105.05	105.79
Woodie	91.45	93.99	99.53	102.07	107.61	110.15	115.69
Fibonacci	93.48	96.57	98.48	101.56	104.65	106.56	109.64

Numerical data

The following are the details of the technical indicators and moving averages that were collected to generate this technical analysis:

Technical indicators

Moving averages

RSI (14):	69.36
MACD (12,26,9):	0.5300
Directional Movement:	20.90
AROON (14):	64.29
DEMA (21):	103.11
Parabolic SAR (0,02-0,02-0,2):	102.84
Elder Ray (13):	0.50
Super Trend (3,10):	101.79
Zig ZAG (10):	103.41
VORTEX (21):	1.2600
Stochastique (14,3,5):	80.37
TEMA (21):	103.65
Williams %R (14):	-14.69
Chande Momentum Oscillator (20):	1.25
Repulse (5,40,3):	0.3300
ROCnROLL:	1
TRIX (15,9):	0.0600
Courbe Coppock:	4.41

MA7:	101.98
MA20:	102.16
MA50:	98.28
MA100:	95.59
MAexp7:	103.25
MAexp20:	102.53
MAexp50:	102.19
MAexp100:	101.86
Price / MA7:	+1.49%
Price / MA20:	+1.31%
Price / MA50:	+5.31%
Price / MA100:	+8.27%
Price / MAexp7:	+0.24%
Price / MAexp20:	+0.95%
Price / MAexp50:	+1.28%
Price / MAexp100:	+1.61%

Quotes : - 15 min delayed data - NYSE Stocks

News

Don't forget to follow the news on DUKE ENERGY CORP.. At the time of publication of this analysis, the latest news was as follows:

This member declared not having a position on this financial instrument or a related financial instrument.

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