Investors can speculate about the future of a stock by watching how its insiders buy and sell stocks. Duke Energy Corp shares valued at $44,592 were sold by Renjel Louis E. on Nov 15 ’24. At $111.48 per share, Renjel Louis E. sold 400 shares. The insider’s holdings dropped to 19,484 shares worth approximately $2.24 million following the completion of this transaction.
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Also, Glenn Robert Alexander sold 15,002 shares, netting a total of over 1,646,245 in proceeds. Following the sale of shares at $109.74 each, the insider now holds 9,987 shares.
Before that, Renjel Louis E. had added 400 shares to its account. In a trade valued at $44,592, the Officer bought Duke Energy Corp shares for $111.48 each.
As published in a research note from KeyBanc Capital Markets on October 22, 2024, Duke Energy Corp [DUK] has been rated down from an Overweight to a Sector weight. Analysts at Mizuho upgraded the stock from ‘”a Neutral”‘ to ‘”an Outperform”‘ outlook in a report released in mid October. As of September 20, 2024, Jefferies has initiated its “Buy” rating for DUK. Earlier on February 12, 2024, BofA Securities downgraded its rating. Their new recommendation was “a Neutral” for DUK stock which previously was a “a Buy”.
Analyzing DUK Stock Performance
During the last five days, there has been a surge of approximately 3.78%. Over the course of the year, Duke Energy Corp shares have jumped approximately 18.36%. Shares of the company reached a 52-week high of $121.25 on 10/21/24 and a 52-week low of $90.09 on 03/01/24. A 50-day SMA is recorded $115.19, while a 200-day SMA reached $105.30. Nevertheless, trading volume fell to 3.1 million shares from 2.33 million shares the previous day.
Support And Resistance Levels for Duke Energy Corp (DUK)
According to the 24-hour chart, there is a support level at 113.66, which, if violated, would cause prices to drop to 112.46. In the upper region, resistance lies at 115.55. The next price resistance is at 116.24. RSI (Relative Strength Index) is 53.15 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at 1.29, which suggests the price will increase in the coming days. Percent R is at 3.19%, indicating bullish price movement. Stochastics %K at holding indicates that the stock is to be held.
