PUBLIC SERVICE ENTERPRISE GP (PEG) Technical Analysis
NYSE:PEG • US7445731067
We assign a technical rating of 3 out of 10 to PEG. 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.
- PEG is part of the Multi-Utilities industry. There are 26 other stocks in this industry, of which 60% are performing better than PEG.
- PEG has an average volume of 2972710 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- The long and short term trends are both neutral. This gives a pretty neutral overall picture!
- 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 trading in the upper part of its 52 week range, so PEG is lagging the market slightly.
- In the last month PEG has a been trading in the 81.33 - 87.63 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Although the technical rating is bad, PEG does present a nice setup opportunity. Prices have been consolidating lately. There is a support zone below the current price at 83.55, a Stop Loss order could be placed below this zone.
More info and screens
76.36
We found 2 important support areas.
- A support zone ranging from 81.17 to 83.55. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 77.13 to 79.43. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 84.18 to 85.87. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- 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 | NEUTRAL | NEUTRAL | The short term trend for PEG is neutral. |
| ChartMill Relative Strength | 56.65 | NEUTRAL | PEG is not amongst the best or worst performers 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) | 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) | 51.18 | NEUTRAL | The RSI value for PEG is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.4 | NEGATIVE | The MACD value suggests PEG has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 23.92 | NEUTRAL | The Stochastics value for PEG is a neutral value. |
| Average True Range in percent/ATR (20) | 2.14 | MEDIUM VOLATILITY | The ATR as a percentage value for PEG suggests some volalility. |
| Average Directional Index/ADX (14) | 21.14 | NEUTRAL | The ADX value for PEG suggests a possible start of a new trend. |
PEG Technicals: Chart, Performance Metrics, Trend & Indicators
83.73
+1.26 (+1.53%)
PUBLIC SERVICE ENTERPRISE GP / PEG FAQ
Can you provide the ChartMill technical rating for PUBLIC SERVICE ENTERPRISE GP?
ChartMill assigns a technical rating of 3 / 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 51.1803. 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 -0.404777, 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 neutral.