PUBLIC SERVICE ENTERPRISE GP (PEG) Stock Technical Analysis
NYSE:PEG - New York Stock Exchange, Inc. - US7445731067 - Common Stock - Currency: USD
Taking everything into account, PEG scores 2 out of 10 in our technical rating. PEG has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.
The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
PEG is one of the lesser performing stocks in the Multi-Utilities industry. 66% of 25 stocks in the same industry do better.
In the last month PEG has a been trading in the 76.00 - 83.93 range, which is quite wide. It is currently trading in the middle of this range where prices have been consolidating recently, this may present a good entry opportunity, but some resistance may be present above.
PEG has an average volume of 3051700 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
When comparing the performance of all stocks over the past year, PEG turns out to be only a medium performer in the overall market: it outperformed 49% of all stocks.
PEG is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so PEG is lagging the market slightly.
Although the technical rating is bad, PEG does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. There is a resistance zone just above the current price starting at 79.61. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 78.90, a Stop Loss order could be placed below this zone.
More info and screens
76.36
92.95
When analyzing the support we notice one important area.
- A support zone ranging from 77.13 to 78.90. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
We can see 3 important resistance areas.
- A resistance zone ranging from 79.61 to 80.94. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 82.98 to 84.10. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @92.03 from a horizontal line in the daily time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS49.68
Mansfield-0.76
10 Day High80.49
10 Day Low76
20 Day High83.93
20 Day Low76
52 Week High95.22
52 Week Low71.89
Performance
1 Week2.29%
2 Weeks-0.41%
1 Month-3.21%
3 Month-5.47%
6 Month-14.1%
12 Month5.77%
2 Year32.84%
3 Year15.8%
5 Year55.51%
10 Year86.18%
15 Year159.13%
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
Technical Indicators
MACD(12,26,9)0.08
RSI(14)47.67
LBB77.42
UBB80.46
79.37
-0.4 (-0.5%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorUtilities
GICS IndustryMulti-Utilities
Performance
% Chg-0.5%
1 Week2.29%
2 Weeks-0.41%
1 Month-3.21%
3 Month-5.47%
6 Month-14.1%
12 Month5.77%
2 Year32.84%
3 Year15.8%
5 Year55.51%
10 Year86.18%
15 Year159.13%
Volatility
ATR(14)1.57
ATR(20)%2.13%
ATR Inc-30.68%
Range Today1.02
ADR(20)1.62
ADR(20)%2.04%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS49.68
Mansfield-0.76
10 Day High80.49
10 Day Low76
20 Day High83.93
20 Day Low76
52 Week High95.22
52 Week Low71.89
CS1 End78.9
CR1 Start79.61
Volume & EV
DER(3)2.68%
DER(5)2.69%
Volume2.81M
Volume Incr17.94%
Vol(5)3.33M
Vol(50)3.05M