DUK stock: buy or sell

DUK stock price: $92.11 0.49% At close on Jan 15th, 2021

Updated on:
Jan 16th, 2021

2

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

Duke Energy Corporation analysts' ratings - Last 30 days
Brokerage firmRating
Jan 14th, 2021
The Goldman Sachs Group Strong buyNeutral

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.

SMAs overview

DUK stock SMAs chart

Supports and resistances

The current resistance levels are:

  • R1: $92.13 (0.02% above)
  • R2: $92.30 (0.21% above)
  • R3: $93.43 (1.43% above)
  • The current support levels are:

  • S1: $90.24 (-2.03% below)
  • S2: $90.01 (-2.28% below)
  • S3: $89.97 (-2.32% below)
  • Bollinger bands

    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

    DUK stock Bollinger Bands chart

    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.

    DUK stock RSI chart

    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

    DUK stock price history chart

    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.

    Duke Energy Corporation stock price predictions
    Brokerage firmPrice 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

    DUK performance compared
    Company1m3m6m
    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

    DUK summary

    Friday, January 15th, 2021
    Open$90.91
    Close$92.11
    Day range$90.6 - $92.38
    Previous close$91.66
    Session gain0.49%
    Average true range$2.11
    50d mov avg$91.98
    100d mov avg$89.09
    200d mov avg$85.46
    Earnings dateFebruary 11th, 2021

    Frequently asked questions

    What is Duke Energy Corporation stock symbol?

    Duke Energy Corporation is a public company trading in the US stock market with the DUK symbol

    Is Duke Energy Corporation stock a buy or sell?

    Duke Energy Corporation had one rating in the last 30 days Read the article to get additional tips on trading DUK stock.

    Will DUK go up?

    There were no predictions posted by market analysts in the last 4 weeks for Duke Energy Corporation.