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Shares of Duke Energy Corp Has Risen Above Previous 52-Week High

By Amy Schwartz

Shares of Duke Energy Corp (NYSE:DUK) traded at a new 52-week high today of $95.62. So far today approximately 479,000 shares have been exchanged, as compared to an average 30-day volume of 2.7 million shares.

Duke Energy Corporation, together with its subsidiaries, operates as an energy company in the United States. It operates through three segments: Electric Utilities and Infrastructure, Gas Utilities and Infrastructure, and Commercial Renewables.

Based on a current price of $95.62, Duke Energy Corp is currently 14.2% above its average consensus analyst price target of $82.00. The stock should discover initial support at its 50-day moving average (MA) of $89.66 and subsequent support at its 200-day MA of $88.60.

In the past 52 weeks, shares of Duke Energy Corp have traded between a low of $78.00 and a high of $95.62 and are now at $95.62, which is 23% above that low price. Over the past week, the 200-day moving average (MA) has gone up 0.2% while the 50-day MA has advanced 0.4%.

SmarTrend recommended that subscribers consider buying shares of Duke Energy Corp on August 9th, 2019 as our proprietary SmarTrend analytics indicated a new Uptrend was in progress when shares hit $89.73. Since that recommendation, shares of Duke Energy Corp have risen 5.3%. We continue to monitor DUK for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.

Keywords: 52 week high/lows duke energy corp

Ticker(s): DUK