The Relative Strength (RS) Rating for Duke Energy jumped into a new percentile Friday, as it got a lift from 62 to 71.
IBD's proprietary RS Rating identifies technical performance by using a 1 (worst) to 99 (best) score that shows how a stock's price performance over the trailing 52 weeks matched up against all other stocks.
Over 100 years of market history reveals that the market's biggest winners typically have an 80 or better RS Rating as they begin their largest runs. See if Duke Energy can continue to show renewed price strength and hit that benchmark.
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Duke Energy is trying to complete a double bottom with a 118.58 entry. See if the stock can clear the breakout price in volume at least 40% above average.
The company posted -16% EPS growth in its most recent report. Sales rose 2%. The company is expected to report its latest earnings and sales numbers on or around Feb. 13.
The company holds the No. 12 rank among its peers in the Utility-Diversified industry group. Ameren Corp, Chesapeake Utilities and NiSource are among the top 5 highly rated stocks within the group.
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