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

By Amy Schwartz

Today, shares of Duke Energy (NYSE:DUK) have advanced above their 10-day MA of $77.45 on a volume of 649K shares. This may provide swing traders with an opportunity for a long position, as such a crossover often suggests higher prices in the near term.

In the past 52 weeks, Duke Energy share prices have been bracketed by a low of $65.50 and a high of $87.75 and are now at $77.58, 18% above that low price. The 200-day and 50-day moving averages have moved 0.16% higher and 0.48% higher over the past week, respectively.

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

Keywords: moving crosses Duke Energy

Ticker(s): DUK