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Duke Energy Corp Bullish Moving Average Crossover Alert (DUK)

By Nick Russo

Duke Energy Corp (NYSE:DUK) crossed over its 10-day moving average of $90.20 on a volume of 341K shares. This may provide short-term investors a chance for a long position, as such a crossover often suggests higher prices in the near term.

In the past 52 weeks, Duke Energy Corp share prices have been bracketed by a low of $71.96 and a high of $91.35 and are now at $91.07, 27% above that low price. Over the past week, the 200-day moving average (MA) has gone up 0.3% while the 50-day MA has advanced 0.4%.

SmarTrend is tracking the current trend status for Duke Energy Corp and will alert subscribers who have DUK in their portfolio or watchlist when shares have changed trend direction.

Keywords: moving crosses duke energy corp

Ticker(s): DUK