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

Auto-detected technical analysis for DUK · data as of Aug 4, 2026. The chart above is live; the read below updates daily.

$124.27last close · Aug 4, 202652-week range $113.89 – $134.49 · 7.6% below the high
Falling Wedge · playing out now

DUK is breaking down out of a falling wedge — these usually break higher, so a drop lower instead is a notably bearish turn.

On this chart, setups like it have followed through about 63% of the time.

As long as price stays below $130.7, it's in play — a daily close back above there calls it off.

The move's natural target sits near $116.1.

DUK Falling Wedge Pattern

DUK is currently forming a falling wedge on the daily timeframe. Detected Aug 4, 2026.

DirectionBearishTarget$116.08Projected move−6.1%Breakout level$123.79

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

How Falling Wedges Have Performed

Win rate
56.2%
Avg return
+0.55R
Backtested trades
8,465
DUK win rate
55.6%

Historical pattern statistics (2006-08-04 – 2026-08-03), 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
Rising WedgeJul 9, 2026 @ $126.49Jul 24, 2026 @ $130.52Loss-1.04R
TriangleJun 24, 2026 @ $125.86Jul 30, 2026 @ $126.27Win+0.14R
TriangleApr 14, 2026 @ $129.36May 15, 2026 @ $122.67Win+1.40R
Rising WedgeMar 9, 2026 @ $130.68Mar 13, 2026 @ $133.15Loss-1.25R
TriangleOct 3, 2025 @ $123.61Dec 1, 2025 @ $120.75Loss-1.07R
Falling WedgeSep 23, 2025 @ $122.04Oct 23, 2025 @ $127.26Win+2.22R
Rising WedgeJul 30, 2025 @ $120.93Aug 14, 2025 @ $124.26Win+0.96R
Rising WedgeJul 21, 2025 @ $119.19Aug 14, 2025 @ $124.26Win+1.34R
TriangleJul 10, 2025 @ $118.13Aug 14, 2025 @ $124.26Win+2.25R
TriangleJun 27, 2025 @ $117.10Aug 14, 2025 @ $124.26Win+2.09R
TriangleJun 16, 2025 @ $115.68Jul 1, 2025 @ $118.87Loss-1.20R
Rising WedgeApr 11, 2025 @ $115.83Aug 7, 2025 @ $125.93Loss-1.07R

DUK Support and Resistance Levels

Price is bouncing off a floor near $123.53 and starting to climb. On the weekly chart, the next ceiling overhead sits near $132.05 — about 6% away.

  • Traders commonly watch $132.05 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 yet — the spot to watch is right at the $123.53 floor, where price is testing it now, not out here in the climb. Chasing once price pulls away tends to be worse odds.

Nearest auto-detected support sits near $120.90, resistance near $129.06. These are chart/swing-derived levels, not formula pivots.

Resistance
$129.06$132.15$142.16
Support
$120.90$117.55$106.25

DUK Recent Daily Prices

DateOpenHighLowClose
Aug 4, 2026$123.51$124.87$121.80$124.27
Aug 3, 2026$125.00$126.01$123.50$124.28
Jul 31, 2026$125.65$126.38$124.63$125.43
Jul 30, 2026$129.16$129.30$125.24$126.27
Jul 29, 2026$129.75$130.29$128.36$129.08
Jul 28, 2026$129.82$132.65$129.22$129.24
Jul 27, 2026$129.75$130.87$128.64$128.83
Jul 24, 2026$129.34$131.00$129.26$130.52
Jul 23, 2026$128.85$129.71$127.56$129.26
Jul 22, 2026$127.14$127.98$126.45$127.95

DUK Frequently Asked Questions

What chart pattern is DUK forming right now?
As of Aug 4, 2026, TradingPal's detector identifies a falling wedge on Duke Energy (DUK) on the daily chart, with a measured-move target of $116.08.
Is a falling wedge bullish or bearish?
The falling wedge detected on DUK is a bearish pattern, projecting a measured-move target of $116.08. See its full backtested track record above — that's the real edge, not the textbook label.
How reliable is a falling wedge pattern, and what is its win rate?
Across TradingPal's backtest of the falling wedge family (8,465 trades over 631 symbols), it resolved in the expected direction 56.2% of the time with an average of +0.55R. These are historical statistics, not a prediction.
What are the support and resistance levels for DUK?
Based on auto-detected, swing-derived levels (as of Aug 4, 2026), DUK's nearest support is around $120.90 and nearest resistance around $129.06.
What is the price target if DUK's pattern breaks out?
The detected falling wedge has a geometry-based measured-move target of $116.08 (pattern height projected from the breakout). This is a technical target, not a recommendation.
What was DUK's closing price on Aug 4, 2026?
Duke Energy (DUK) last closed at $124.27 on Aug 4, 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.