PUBLIC SERVICE ENTERPRISE GP (PEG) Stock Technical Analysis
NYSE:PEG • US7445731067
We assign a technical rating of 6 out of 10 to PEG. In the last year, PEG was an average performer in the market. There are positive signs in the very recent evolution, but the medium term picture is still mixed.
- PEG is part of the Multi-Utilities industry. There are 26 other stocks in this industry, of which 64% are performing better than PEG.
- The short term trend is positive, while the long term trend is neutral. So this is evolving in the right direction.
- In the last month PEG has a been trading in the 77.90 - 87.24 range, which is quite wide. It is currently trading near the high of this range.
- PEG has an average volume of 3060140 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 51% of all stocks.
- PEG is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so PEG is lagging the market.
- Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
PEG has an average technical rating and it also does not offer a high quality setup at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
76.36
2 important support areas can be observed.
- Support @84.18 from a horizontal line in the daily time frame.
- A support zone ranging from 77.13 to 82.19. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
We found 1 important resistance area.
- Resistance @88.14 from a horizontal line in the weekly time frame.
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 | NEUTRAL | NEUTRAL | The long term trend for PEG is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for PEG is up. |
| ChartMill Relative Strength | 51.45 | NEUTRAL | PEG is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of PEG is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of PEG is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of PEG is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 71.53 | OVERBOUGHT | The high RSI value suggests PEG may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.59 | POSITIVE | The MACD value suggests PEG has a positive trend. |
| Stochastics (14,3) | 91.24 | OVERBOUGHT | The high Stochastics value suggests PEG may be overbought. |
| Average True Range in percent/ATR (20) | 2.03 | MEDIUM VOLATILITY | The ATR as a percentage value for PEG suggests some volalility. |
| Average Directional Index/ADX (14) | 21.89 | NEUTRAL | The ADX value for PEG suggests a possible start of a new trend. |
86.37
+1.83 (+2.16%)
PUBLIC SERVICE ENTERPRISE GP / PEG FAQ
Can you provide the ChartMill technical rating for PUBLIC SERVICE ENTERPRISE GP?
ChartMill assigns a technical rating of 6 / 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 71.5254. This indicates that the stock is currently overbought.
What is the MACD signal for PEG stock?
The MACD indicator for PUBLIC SERVICE ENTERPRISE GP (PEG) has a value of 0.589679, 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 positive.