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Jan. 19, 2021, 1:44 p.m. EST

How to trade Duke Energy $DUK With Risk Controls

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Jan 19, 2021 (Stock Traders Daily via COMTEX) -- The Duke Energy /zigman2/quotes/201480230/composite DUK +0.03% report below can help you, but we have more details too. The trading plans for DUK, and the other 1000+ stocks we follow, are updated in real time for subscribers, but this report is static. If you want an update, or a different report, please get one here Unlimited Real Time Reports .

Technical Summary

The Technical Summary and Trading Plans for DUK help you determine where to buy, sell, and set risk controls. The data is best used in conjunction with our Market Analysis and Stock Correlation Filters too, because those help us go with the flow of the market as well. Going with the flow is extremely important, so review our Market Analysis with this DUK Report.

The technical summary data tells us to buy DUK near 87.87 with an upside target of 94.89. This data also tells us to set a stop loss @ 87.62 to protect against excessive loss in case the stock begins to move against the trade. 87.87 is the first level of support below 90.67 , and by rule, any test of support is a buy signal. In this case, support 87.87 is being tested, a buy signal would exist.

The technical summary data is suggesting a short of DUK as it gets near 94.89 with a downside target of 87.87. We should have a stop loss in place at 95.16though. 94.89 is the first level of resistance above 90.67, and by rule, any test of resistance is a short signal. In this case, if resistance 94.89 is being tested, a short signal would exist.


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$ 87.27
+0.03 +0.03%
Volume: 2.72M
March 3, 2021 4:04p
P/E Ratio
Dividend Yield
Market Cap
$67.06 billion
Rev. per Employee

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