DUKE ENERGY CORP.

- USD (-)

- 15 min delayed data - NYSE Stocks

Open:	-
Change:	-
Volume:	-

Low:	-
High:	-
High / Low range:	-

Type:	Stocks
Ticker:	DUK
ISIN:

DUKE ENERGY CORP. - 1H - Technical analysis published on 08/08/2024 (GMT)

Londinia

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Timeframe : 1H
- Analysis generated on
Status : INVALID

Summary of the analysis

Trends

Short term: Bullish

Underlying: Strongly bullish

Technical indicators

22%

33%

44%

My opinion

Bullish above 112.63 USD

My targets

114.82 USD (+1.25%)

116.67 USD (+2.88%)

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 112.63 USD. Crossing the first resistance at 114.82 USD would be a sign of a potential new surge in the price. Buyers would then use the next resistance located at 116.67 USD as an objective. Caution, a return to below 112.63 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.

Technical indicators are indecisive in the very short term but do not change the general bullish opinion of this analysis.

Force

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.

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Additional analysis

Quotes

DUKE ENERGY CORP. rating 113.40 USD. The price registered a decrease of -0.10% on the session and was between 111.90 USD and 113.62 USD. This implies that the price is at +1.34% from its lowest and at -0.19% from its highest.

111.90

113.62

113.40

A bearish gap was detected at the opening by the Central Gaps scanner. There are a lot of sellers and they have the upper hand in the very short term.

Opening Gap DOWN

Type : Bearish

Timeframe : Openning

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

The Central Records scanner, which identifies the highest / lowest, has detected several elements:

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

A technical analysis in 1H of this DUKE ENERGY CORP. chart shows a strongly bullish trend. The signals given by moving averages are 89.29% bullish. This strongly bullish trend seems to be running out of steam given the signals being given by short-term moving averages. The Central Indicators scanner detects a bearish signal on moving averages that could impact this trend:

Bearish price crossover with Moving Average 20

Type : Bearish

Timeframe : 1 hour

An assessment of technical indicators does not currently provide any relevant information to suggest whether the signal given by the technical indicators is more bullish or bearish.
Central Indicators, the scanner specialised in technical indicators, has identified these signals:

Parabolic SAR indicator bearish reversal

Type : Bearish

Timeframe : 1 hour

Price is back under the pivot point

Type : Bearish

Timeframe : Weekly

Momentum indicator is back under 0

Type : Bearish

Timeframe : 1 hour

Williams %R indicator is back under -50

Type : Bearish

Timeframe : 1 hour

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 support

Type : Bullish

Timeframe : 1 hour

Near support of triangle

Type : Bullish

Timeframe : 1 hour

Support of channel is broken

Type : Bearish

Timeframe : 1 hour

The Central Candlesticks scanner which studies Japanese candlesticks did not detect anything.

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2
ProTrendLines	106.25	108.52	112.63	113.40	114.82	116.67
Change (%)	-6.31%	-4.30%	-0.68%	-	+1.25%	+2.88%
Change	-7.15	-4.88	-0.77	-	+1.42	+3.27
Level	Major	Major	Minor	-	Minor	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	110.35	111.49	112.50	113.64	114.65	115.79	116.80
Camarilla	112.92	113.12	113.31	113.51	113.71	113.90	114.10
Woodie	110.29	111.46	112.44	113.61	114.59	115.76	116.74
Fibonacci	111.49	112.31	112.82	113.64	114.46	114.97	115.79

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	100.20	104.05	108.98	112.83	117.76	121.61	126.54
Camarilla	111.51	112.31	113.12	113.92	114.73	115.53	116.34
Woodie	100.75	104.32	109.53	113.10	118.31	121.88	127.09
Fibonacci	104.05	107.40	109.47	112.83	116.18	118.25	121.61

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	91.49	95.35	102.31	106.17	113.13	116.99	123.95
Camarilla	106.30	107.29	108.28	109.27	110.26	111.25	112.25
Woodie	93.04	96.13	103.86	106.95	114.68	117.77	125.50
Fibonacci	95.35	99.48	102.04	106.17	110.30	112.86	116.99

Numerical data

The following is the status of the technical indicators and moving averages at the time of publication of this technical analysis:

Technical indicators

Moving averages

RSI (14):	48.88
MACD (12,26,9):	0.4400
Directional Movement:	-3.99
AROON (14):	64.29
DEMA (21):	113.91
Parabolic SAR (0,02-0,02-0,2):	114.78
Elder Ray (13):	-0.87
Super Trend (3,10):	114.82
Zig ZAG (10):	113.21
VORTEX (21):	0.9600
Stochastique (14,3,5):	53.38
TEMA (21):	113.72
Williams %R (14):	-51.04
Chande Momentum Oscillator (20):	-0.17
Repulse (5,40,3):	1.1700
ROCnROLL:	-1
TRIX (15,9):	0.0800
Courbe Coppock:	1.87

MA7:	112.35
MA20:	109.10
MA50:	104.51
MA100:	101.07
MAexp7:	113.46
MAexp20:	113.15
MAexp50:	111.92
MAexp100:	110.09
Price / MA7:	+0.93%
Price / MA20:	+3.94%
Price / MA50:	+8.51%
Price / MA100:	+12.20%
Price / MAexp7:	-0.05%
Price / MAexp20:	+0.22%
Price / MAexp50:	+1.32%
Price / MAexp100:	+3.01%

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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