PUBLIC SERVICE ENTERPRISE GP (PEG) Stock Technical Analysis
NYSE:PEG - New York Stock Exchange, Inc. - US7445731067 - Common Stock - Currency: USD
Overall PEG gets a technical rating of 8 out of 10. This is due to a decent performance in both the short and medium term time frames. Compared to the overall market, PEG is only an average performer.
The long and short term trends are both positive. This is looking good!
PEG is one of the better performing stocks in the Multi-Utilities industry, it outperforms 76% of 31 stocks in the same industry.
In the last month PEG has a been trading in the 78.66 - 84.36 range, which is quite wide. It is currently trading near the high of this range.
PEG has an average volume of 3162840 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 56% 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.
PEG has an excellent technical rating, but the quality of the setup is only medium at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
76.36
92.95
We found 1 important support area.
- A support zone ranging from 77.13 to 84.10. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
When analyzing the resistance we notice one important area.
- Resistance @92.03 from a horizontal line in the daily 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 | UP | POSITIVE | The long term trend for PEG is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for PEG is up. |
| ChartMill Relative Strength | 56.75 | 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 | MIXED | The current price of PEG is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 65.46 | NEUTRAL | The RSI value for PEG is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.27 | POSITIVE | The MACD value suggests PEG has a positive trend. |
| Stochastics (14,3) | 90.29 | OVERBOUGHT | The high Stochastics value suggests PEG may be overbought. |
| Average True Range in percent/ATR (20) | 1.58 | LOW VOLATILITY | The low ATR as a percentage value for PEG suggests low volalility. |
| Average Directional Index/ADX (14) | 14.04 | NEGATIVE | The low ADX value for PEG suggests a weak or negative trend. |
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)
84.18
+0.66 (+0.79%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorUtilities
GICS IndustryMulti-Utilities
Performance
% Chg0.79%
1 Week1.01%
2 Weeks3.93%
1 Month3.89%
3 Month8.3%
6 Month-2.4%
12 Month13.65%
2 Year34.45%
3 Year33.03%
5 Year71.24%
10 Year114.31%
15 Year168.69%
Volatility
ATR(14)1.22
ATR(20)%1.58%
ATR Inc-6.84%
Range Today1.14
ADR(20)1.27
ADR(20)%1.51%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS56.75
Mansfield-0.6
10 Day High84.36
10 Day Low80
20 Day High84.36
20 Day Low78.66
52 Week High95.22
52 Week Low73.72
CS1 End82.98
CR1 Start84.1
Volume & EV
DER(3)3.46%
DER(5)1.56%
Volume2.84M
Volume Incr-26.23%
Vol(5)2.55M
Vol(50)3.16M