Duke Energy(DUK)

Duke Energy (DUK) Chart Patterns, Support & Resistance & Technical Analysis

Auto-detected technical analysis for DUK · data as of Jul 22, 2026. The chart above is live; the read below updates daily.

$127.95last close · Jul 22, 202652-week range $113.89$134.49 · 4.86% below the high
Falling Wedge · playing out now

DUK just broke higher out of a falling wedge — a brief, tidy pause inside a strong run. That's usually a breather before another push up.

On this chart, setups like it have followed through about 58% of the time.

As long as price stays above $119.8, the setup is intact — a daily close back below there is the cue to step away.

A natural first target sits near $130.5 — but moves like this often run further. The simple way to follow the rest is to stay with the 10-day average, and only step aside when a day closes below it.

DUK Rising Wedge Pattern

DUK is currently forming a rising wedge on the daily timeframe. Detected Jul 22, 2026.

DirectionBearishTarget$122.78Projected move−3.4%Breakout level$127.01

New to this pattern? What a rising wedge is and how to trade it →

How Rising Wedges Have Performed

Win rate
50.4%
Avg return
+0.20R
Backtested trades
10,660
DUK win rate
59.3%

Historical pattern statistics (1987-01-30 – 2026-07-13), not a prediction.

How these backtests work →

DUK Pattern Trade History

Every completed pattern trade our nightly backtest found on DUK's daily chart, newest first — wins and losses alike.

PatternEntryExitOutcomeResult
TriangleAug 27, 2025 @ $122.82Oct 10, 2025 @ $127.02Loss+6.9% · -1.34R
Rising WedgeJul 22, 2025 @ $120.50Aug 14, 2025 @ $124.26Win+4.2% · +1.24R
Rising WedgeJul 21, 2025 @ $119.19Aug 14, 2025 @ $124.26Win+3.4% · +1.34R
TriangleJul 1, 2025 @ $118.68Aug 14, 2025 @ $124.26Win+5.0% · +1.70R
TriangleJun 27, 2025 @ $117.10Aug 14, 2025 @ $124.26Win+9.1% · +2.09R
TriangleJun 16, 2025 @ $115.68Jul 1, 2025 @ $118.87Loss+4.4% · -1.20R
Rising WedgeMay 12, 2025 @ $117.39May 14, 2025 @ $111.64Win+5.4% · +0.85R
Rising WedgeMar 25, 2025 @ $118.10Mar 31, 2025 @ $121.97Loss+6.0% · -1.15R
Falling WedgeDec 11, 2024 @ $110.13Mar 3, 2025 @ $118.67Loss+9.3% · -1.01R
Falling WedgeOct 20, 2023 @ $88.61Dec 20, 2023 @ $95.68Win+11.2% · +2.51R
Falling WedgeSep 8, 2023 @ $90.16Oct 2, 2023 @ $85.44Loss+7.4% · -1.14R
TriangleApr 5, 2023 @ $97.08May 23, 2023 @ $90.75Loss+7.7% · -1.11R

Recent Rising Wedges on Other Charts

LINstopped −4.3%Jul 21, 2026EWstopped −7.5%Jul 20, 2026SPGIstopped −8.3%Jul 16, 2026BROhit target +6.9%Jul 15, 2026

Learn about rising wedge

DUK Support and Resistance Levels

Price is bouncing off a floor near $122.94 and starting to climb. On the weekly chart, the next ceiling overhead sits near $131.53 — about 2.8% away.

  • Traders commonly watch $131.53 as a target (its 78.6% extension) — think of it as a sensible next stop, not a guarantee.
  • That ceiling is the first place the climb might pause — worth watching how price behaves as it gets there.
  • There's nothing to act on here — the spot to watch was the $122.94 floor just now, when price bounced there, but price has already pulled higher. What's left is the climb playing out, not a fresh starting point.

DUK Recent Daily Prices

DateOpenHighLowClose
Jul 22, 2026$127.14$127.98$126.45$127.95
Jul 21, 2026$125.10$125.92$124.62$125.91
Jul 20, 2026$125.91$127.52$125.01$125.85
Jul 17, 2026$127.96$129.26$124.66$125.01
Jul 16, 2026$124.70$126.26$124.35$126.11
Jul 15, 2026$126.21$126.76$124.10$124.34
Jul 14, 2026$127.18$127.73$125.88$126.37
Jul 13, 2026$125.60$127.28$125.50$126.86
Jul 10, 2026$125.16$126.16$124.69$125.48
Jul 9, 2026$126.52$127.20$124.78$125.26

DUK Frequently Asked Questions

What chart pattern is DUK forming right now?
As of Jul 22, 2026, TradingPal's detector identifies a rising wedge on Duke Energy (DUK) on the daily chart, with a measured-move target of $122.78.
Is a rising wedge bullish or bearish?
The rising wedge detected on DUK is a bearish pattern, projecting a measured-move target of $122.78. See its full backtested track record above — that's the real edge, not the textbook label.
How reliable is a rising wedge pattern, and what is its win rate?
Across TradingPal's backtest of the rising wedge family (10,660 trades over 628 symbols), it resolved in the expected direction 50.4% of the time with an average of +0.20R. These are historical statistics, not a prediction.
What is the price target if DUK's pattern breaks out?
The detected rising wedge has a geometry-based measured-move target of $122.78 (pattern height projected from the breakout). This is a technical target, not a recommendation.
What was DUK's closing price on Jul 22, 2026?
Duke Energy (DUK) last closed at $127.95 on Jul 22, 2026. For the live quote, see the chart above or a real-time quote provider.

Technical analysis for informational purposes only — not investment advice. Auto-detected patterns and levels update daily; the chart above is live.