Duke Energy Corp

DUK remains in a Stage 4 declining phase with all EMAs aligned downward and a persistent lower-high/lower-low structure. Price is extreme oversold, suggesting potential for a near‐term relief bounce. The medium‐term bias stays bearish; execution should focus on trimming into rallies into the declining 20-day EMA and 50-day SMA regions. A sustained reclaim and acceptance above the 20-day EMA would invalidate the bearish stance.

• ↑Q2 adjusted EPS $1.43 vs $1.25 YoY, beat estimates and maintained guidance
• ↑Capex of $5–10 B planned with >$1 B monthly deployments for grid upgrades
• ↓Growth factor negative and declining revisions flag slowing revenue momentum