Duke Energy Stock Technical Analysis

DUK Stock  USD 96.71  0.62  0.65%   
As of the 29th of March, Duke Energy shows the Coefficient Of Variation of 5149.3, downside deviation of 1.07, and Mean Deviation of 0.7823. Duke Energy technical analysis allows you to utilize historical prices and volume patterns in order to determine a pattern that computes the direction of the firm's future prices. Put another way, you can use this information to find out if the firm will indeed mirror its model of historical prices and volume momentum, or the prices will eventually revert. We are able to break down and analyze data for nineteen technical drivers for Duke Energy, which can be compared to its rivals. Please confirm Duke Energy downside deviation, jensen alpha, as well as the relationship between the Jensen Alpha and downside variance to decide if Duke Energy is priced favorably, providing market reflects its regular price of 96.71 per share. Given that Duke Energy has jensen alpha of (0.07), we urge you to verify Duke Energy's prevailing market performance to make sure the company can sustain itself at a future point.

Duke Energy Momentum Analysis

Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Duke, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to Duke
  
Duke Energy's Momentum analyses are specifically helpful, as they help investors time the market using mark points where the market can reverse. The reversal spots are usually identified through divergence between price movement and momentum.

Duke Energy Analyst Consensus

Target PriceAdvice# of Analysts
98.31Buy20Odds
Duke Energy current and past analyst recommendations published by a number of research institutions as well as average analyst consensus.
Most Duke analysts issue ratings four times a year, at intervals of three months. Ratings are usually accompanied by a target price to helps potential investors understand Duke stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of Duke Energy, talking to its executives and customers, or listening to Duke conference calls.
Duke Analyst Advice Details
Duke Energy technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
A focus of Duke Energy technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Duke Energy trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Duke Energy Technical Analysis

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Incorrect Input. Please change your parameters or increase the time horizon required for running this function. The output start index for this execution was zero with a total number of output elements of zero. The Average True Range was developed by J. Welles Wilder in 1970s. It is one of components of the Welles Wilder Directional Movement indicators. The ATR is a measure of Duke Energy volatility. High ATR values indicate high volatility, and low values indicate low volatility.

Duke Energy Trend Analysis

Use this graph to draw trend lines for Duke Energy. You can use it to identify possible trend reversals for Duke Energy as well as other signals and approximate when it will take place. Remember, you need at least two touches of the trend line with actual Duke Energy price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.

Duke Energy Best Fit Change Line

The following chart estimates an ordinary least squares regression model for Duke Energy applied against its price change over selected period. The best fit line has a slop of   0.04  , which may imply that the returns on investment in Duke Energy will continue to fail. It has 122 observation points and a regression sum of squares at 62.24, which is the sum of squared deviations for the predicted Duke Energy price change compared to its average price change.

About Duke Energy Technical Analysis

The technical analysis module can be used to analyzes prices, returns, volume, basic money flow, and other market information and help investors to determine the real value of Duke Energy on a daily or weekly bases. We use both bottom-up as well as top-down valuation methodologies to arrive at the intrinsic value of Duke Energy based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Duke Energy price pattern first instead of the macroeconomic environment surrounding Duke Energy. By analyzing Duke Energy's financials, daily price indicators, and related drivers such as dividends, momentum ratios, and various types of growth rates, we attempt to find the most accurate representation of Duke Energy's intrinsic value. As compared to a bottom-up approach, our top-down model examines the macroeconomic factors that affect the industry/economy before zooming in to Duke Energy specific price patterns or momentum indicators. Please read more on our technical analysis page.
 2022 2023 2024 (projected)
Price Earnings Ratio20.2817.4210.91
Short Term Coverage Ratios0.731.361.29

Duke Energy March 29, 2024 Technical Indicators

Most technical analysis of Duke help investors determine whether a current trend will continue and, if not, when it will shift. We provide a combination of tools to recognize potential entry and exit points for Duke from various momentum indicators to cycle indicators. When you analyze Duke charts, please remember that the event formation may indicate an entry point for a short seller, and look at different other indicators across different periods to confirm that a breakdown or reversion is likely to occur.

Duke Energy March 29, 2024 Daily Trend Indicators

Traders often use several different daily volumes and price technical indicators to supplement a more traditional technical analysis when analyzing securities such as Duke stock. With literally thousands of different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.
When determining whether Duke Energy is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if Duke Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Duke Energy Stock. Highlighted below are key reports to facilitate an investment decision about Duke Energy Stock:
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Duke Energy. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in employment.
For more information on how to buy Duke Stock please use our How to buy in Duke Stock guide.
You can also try the Global Markets Map module to get a quick overview of global market snapshot using zoomable world map. Drill down to check world indexes.

Complementary Tools for Duke Stock analysis

When running Duke Energy's price analysis, check to measure Duke Energy's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Duke Energy is operating at the current time. Most of Duke Energy's value examination focuses on studying past and present price action to predict the probability of Duke Energy's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Duke Energy's price. Additionally, you may evaluate how the addition of Duke Energy to your portfolios can decrease your overall portfolio volatility.
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Is Duke Energy's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Duke Energy. If investors know Duke will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Duke Energy listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.12)
Dividend Share
4.06
Earnings Share
5.35
Revenue Per Share
37.097
Quarterly Revenue Growth
(0.02)
The market value of Duke Energy is measured differently than its book value, which is the value of Duke that is recorded on the company's balance sheet. Investors also form their own opinion of Duke Energy's value that differs from its market value or its book value, called intrinsic value, which is Duke Energy's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Duke Energy's market value can be influenced by many factors that don't directly affect Duke Energy's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Duke Energy's value and its price as these two are different measures arrived at by different means. Investors typically determine if Duke Energy is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Duke Energy's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.