DUK stock: buy or sell
Jan 16th, 2021
DUK stock brief
- Duke Energy Corporation stock slightly moved 0.49% to close at $92.11 on the stock market today, after 3 consecutive sessions in positive.
- Last November price started slicing and printed 2 consecutive lower tops. shares price lost a -5.91% since the downtrend started.
- The price is currently above the upper Bollinger band, which often indicates a near-term correction
- The Goldman Sachs Group published a neutral rating for Duke Energy Corporation on Thursday
- Duke Energy Corporation, together with its subsidiaries, operates as an energy company in the United States.
Should I buy Duke Energy Corporation stock?
Even if you are a experienced or a novel trader, best trading results come from using an investing strategy that never leaves to random or subjective opinions when is the best moment to buy or sell stocks. Trading strategies are meant for helping you in the decision process of what stocks to pick and when is the best moment to buy them. At Stocks2.com, we like to use very simple but trusted and powerful trend following trading strategies. Simple things usually work the best
Is $DUK stock a buy?
In the current situation of Duke Energy Corporation there is not any eligible buy setup. This doesn't mean $DUK will slide in coming sessions, or it will not rise higher. Simply, it doesn't match our recommended trading systems
Should I sell Duke Energy Corporation stock?
Knowing when to sell a stock is even more difficult than knowing when to buy it. In the same way as when we have to buy shares, deciding when is appropiate to sell is not a haphazard decision, and we must adhere our own trading style. We like very simple strategies to guide us on when is the best time to sell our shares. Be aware that these strategies are not intended for shorting Duke Energy Corporation stock
As a golden rule, you must never keep an open trade that generates greater losses than those expected at the time of purchase. The moment to sell shares always has to be ruled by the stop-loss (automatic or manual)
Is it time to sell Duke Energy Corporation stock?
Currently, Duke Energy Corporation stock doesn't match any of our preferred sell setups, so if you own Duke Energy Corporation stock and your operation is in profit probably is not time to sell now
Duke Energy Corporation ratings
In the last 30 days, just one analyst rating was published for Duke Energy Corporation
|Jan 14th, 2021|
|The Goldman Sachs Group|| |
Duke Energy Corporation stock analysis
From a technical standpoint, Duke Energy Corporation continues trending lower since last November, and has droppped a -5.91%. The stock drew 3 consecutive lower tops.
Supports and resistances
The current resistance levels are:
The current support levels are:
The actual distance between the upper and lower bands is 3.83%, meaning that price volatility is low. The tightness of the Bollinger bands is often a sign of a sharp price movement (up or down), so we must be cautious and manage our buy or sell orders appropiately
Relative strength index
When the moves for so long below 70 and above 30, without indication of overbought and oversold, the indicator becomes of little use, and we find ourselves in one of these cases.
Duke Energy Corporation stock price history
Duke Energy Corporation went public priced at an adjusted price1 of $0.00 on Mar 1980. Since then, DUK stock surged by -, with an average of 0.00% per year. An investment of thousand dollars at that time would have a value of $inf nowadays.
1: Adjusted price after possible price splits or reverse-splits
Price target for Duke Energy Corporation stock
How much a stock will be priced tomorrow or next week is quite unpredictable. Banks and financial organisations post their analysis predicting how a particular stock will performance in the future.
Along with buy or sell recommendations, financial institutions release their price forecasts based on the stock price action and the company fundamental data. Most of these predictions follow the publication of new financial information by the company, and many times. Again, these targets are not direct recommendations for individual traders and should not be followed blindly.
In the last month we couldn't find any price target published for Duke Energy Corporation stock.
|Brokerage firm||Price target|
|Jan 14th, 2021|
|The Goldman Sachs Group||Not available|
Earnings and financials
Last November, Duke Energy Corporation ($DUK) had the shareholders event and presented the report. DUK presented earnings of $1.87 per share on sales of $6.7 billion. The analysts estimate was $1.79 per share on revenue of $7.3 billion.By comparison, the EPS for the same quarter last year was $1.79, so reported EPS is a gain of 4.47%. Sales merely changed on an annualized basis in the , from $69.4B to $67.2B last quarter.
DUK ($DUK) will host the Q4 earnings call mid next February. Wall Street expects of $1.06, compared to previous quarter that was $1.87.
Duke Energy Corporation performance
|Duke Energy Corporation ($DUK)||-0.30%||0.90%||14.70%|
Please read:The viewpoints given in this post are personal and should not be followed as recommendations for you to buy or sell shares. The author of this document does not know the individual positions of the reader, his or her finances or his or her own best interests at any given time. All users should speak with their financial advisor before buying or selling any securities Comments are expressed for general educational purposes only
|Friday, January 15th, 2021|
|Day range||$90.6 - $92.38|
|Average true range||$2.11|
|50d mov avg||$91.98|
|100d mov avg||$89.09|
|200d mov avg||$85.46|
|Earnings date||February 11th, 2021|