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Will Duke Energy Stock Continue to Recover?

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Dec. 4 2020, Updated 10:52 a.m. ET

Moving averages

Currently, Duke Energy (DUK) stock is trading 3% above its 50-day moving average and 3% below its 200-day moving average. Duke Energy has risen 8% since its bottom in February. Duke Energy’s 50-day moving average level around $77.3 is expected to act as a support. Levels around $82.8 might act as a resistance for the stock in the near term. Duke Energy is trading at $79.9.

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Relative strength index

Duke Energy stock is trading at an RSI (relative strength index) level of 65. According to technical analysts, a stock is considered to be in the “oversold” zone when its RSI drops below 30. A stock is considered to be in the “overbought” zone when its RSI rises above 70. Extreme RSI values could imply a reversal in the stock’s direction.

Check out all the data we have added to our quote pages. Now you can get a valuation snapshot, earnings and revenue estimates, and historical data as well as dividend info. Take a look!

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