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.
Although the technical rating is bad, PEG does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 81.27. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 80.71, a Stop Loss order could be placed below this zone.
More info and screens
76.36
We found 1 important support area.
- A support zone ranging from 77.13 to 80.71. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
2 important resistance areas can be observed.
- A resistance zone ranging from 81.27 to 85.62. This zone is formed by a combination of multiple trend lines and important moving averages 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 | NEUTRAL | NEUTRAL | The short term trend for PEG is neutral. |
| ChartMill Relative Strength | 32.59 | NEUTRAL | PEG is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of PEG is above 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) | 51.62 | NEUTRAL | The RSI value for PEG is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.19 | POSITIVE | The MACD value suggests PEG has a positive trend. |
| Stochastics (14,3) | 80.61 | OVERBOUGHT | The high Stochastics value suggests PEG may be overbought. |
| Average True Range in percent/ATR (20) | 1.53 | LOW VOLATILITY | The low ATR as a percentage value for PEG suggests low volalility. |
| Average Directional Index/ADX (14) | 13.95 | NEGATIVE | The low ADX value for PEG suggests a weak or negative trend. |
80.91
+0.22 (+0.27%)
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.
Can you provide the trend direction for PUBLIC SERVICE ENTERPRISE GP?
The current trend direction for PUBLIC SERVICE ENTERPRISE GP (PEG) is Bearish.
What is the RSI signal for PUBLIC SERVICE ENTERPRISE GP (PEG) stock?
PUBLIC SERVICE ENTERPRISE GP (PEG) has an RSI value of 51.6157. This indicates that the stock is currently neutral.
What are the support and resistance levels for PUBLIC SERVICE ENTERPRISE GP (PEG) stock?
PUBLIC SERVICE ENTERPRISE GP (PEG) has a support level at 80.71 and a resistance level at 81.27. Check the full technical report for our detailed analysis of PEG support and resistance levels.