How Do Duke Energy’s Chart Indicators Look after 1Q17 Earnings?
Duke Energy’s chart indicators
Duke Energy (DUK) stock seems strong currently, as it continues to trade above its 50-day and 200-day moving average levels. On May 9, 2017, the stock was trading at 1% and 4% above both these moving average levels, respectively. Its 50-day moving average of around $82.00 may act as a support in the short term.
When a stock price rises above or falls below a particular moving average, it’s a bullish or bearish sign, respectively.
Interested in DUK? Don't miss the next report.
Receive e-mail alerts for new research on DUK
Relative strength index
Currently, Duke Energy’s RSI (relative strength index) stands at 43. RSI is a momentum indicator that consists of values between 0 and 100. Movements below 30 are in the “oversold” zone, while movements above 70 are in the “overbought” zone. Extreme RSI levels could indicate an imminent reversal.