PUBLIC SERVICE ENTERPRISE GP (PEG) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:PEG - US7445731067 - Common Stock
We assign a technical rating of 0 out of 10 to PEG. PEG scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
PEG has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. There is a support zone below the current price at 78.67, a Stop Loss order could be placed below this zone.
More info and screens
76.36
2 important support areas can be observed.
- Support @78.67 from a horizontal line in the weekly time frame.
- A support zone ranging from 77.13 to 77.13. This zone is formed by a combination of multiple trend lines in the daily time frame.
When analyzing the resistance we notice 3 important areas.
- A resistance zone ranging from 79.49 to 81.60. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 82.97 to 85.47. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 88.14 to 90.14. This zone is formed by a combination of multiple trend lines in multiple time frames.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | DOWN | NEGATIVE | The long term trend for PEG is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for PEG is down. |
| ChartMill Relative Strength | 24.56 | NEGATIVE | PEG has a low relative strength, it was outperformed by 75.44% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of PEG is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of PEG is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of PEG is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 42.94 | NEUTRAL | The RSI value for PEG is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.21 | NEGATIVE | The MACD value suggests PEG has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 13.85 | OVERSOLD | The low Stochastics value suggests PEG may be oversold. |
| Average True Range in percent/ATR (20) | 1.76 | LOW VOLATILITY | The low ATR as a percentage value for PEG suggests low volalility. |
| Average Directional Index/ADX (14) | 20.33 | NEUTRAL | The ADX value for PEG suggests a possible start of a new trend. |
78.68
+1.25 (+1.61%)
PUBLIC SERVICE ENTERPRISE GP / PEG FAQ
Can you provide the ChartMill technical rating for PUBLIC SERVICE ENTERPRISE GP?
ChartMill assigns a technical rating of 0 / 10 to PEG.
What is the current trend direction of PUBLIC SERVICE ENTERPRISE GP (PEG) stock?
The current trend direction for PUBLIC SERVICE ENTERPRISE GP (PEG) is Bearish.
What is the RSI signal for PEG stock?
PUBLIC SERVICE ENTERPRISE GP (PEG) has an RSI value of 42.9428. This indicates that the stock is currently neutral.
What is the MACD signal for PEG stock?
The MACD indicator for PUBLIC SERVICE ENTERPRISE GP (PEG) has a value of -0.205237, indicating a bearish trend.
Can you provide the short term momentum for PUBLIC SERVICE ENTERPRISE GP?
The short term momentum for PUBLIC SERVICE ENTERPRISE GP (PEG) is negative.