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Duke Energy Corp Crosses Above its 10-day MA (DUK)

By Amy Schwartz

Today, shares of Duke Energy Corp (NYSE:DUK) have advanced above their 10-day MA of $88.93 on a volume of 429K 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 $78.00 and a high of $91.67 and are now at $89.29, 14% above that low price. Over the last five market days, the 200-day moving average (MA) has remained constant while the 50-day MA has advanced 0.2%.

SmarTrend is monitoring the recent change of momentum in Duke Energy Corp. Please refer to our Company Overview for the results of our proprietary technical indicators that have been scanning shares of Duke Energy Corp in search of a potential trend change.

Keywords: moving crosses duke energy corp

Ticker(s): DUK