PUBLIC SERVICE ENTERPRISE GP (PEG) Technical Analysis
NYSE:PEG • US7445731067
Current stock price
PEG Technical Rating and Analysis
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 one of the lesser performing stocks in the Multi-Utilities industry. 68% of 26 stocks in the same industry do better.
- The long term trend is still neutral, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
- PEG has an average volume of 2846850 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 44% 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.
- In the last month PEG has a been trading in the 79.12 - 85.80 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
PEG Weekly and Daily overview Charts
PEG Setup Rating and Analysis
Although the technical rating is only medium, PEG does present a nice setup opportunity. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 84.83. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 83.02, a Stop Loss order could be placed below this zone.
More info and screens
PEG Support and Resistance Analysis
76.36
When analyzing the support we can see 2 important areas.
- A support zone ranging from 81.17 to 83.02. 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 79.02. 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 84.83 to 85.36. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 86.95 to 88.97. This zone is formed by a combination of multiple trend lines in multiple time frames.
PEG Technical Indicator Signal Analysis
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 | 44.78 | 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) | DOWN | MIXED | The current price of PEG is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 54.11 | NEUTRAL | The RSI value for PEG is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.3 | POSITIVE | The MACD value suggests PEG has a positive trend. |
| Stochastics (14,3) | 78.5 | NEUTRAL | The Stochastics value for PEG is a neutral value. |
| Average True Range in percent/ATR (20) | 1.85 | LOW VOLATILITY | The low ATR as a percentage value for PEG suggests low volalility. |
| Average Directional Index/ADX (14) | 20.06 | NEUTRAL | The ADX value for PEG suggests a possible start of a new trend. |
PEG Chart- and CandleStick Pattern Analysis
PEG Example Setup
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 85.37 | 81.16 | 4.21 (4.93%) | 20.28% |
| An entry @85.37. This is a Buy Stop order right above the resistance zone. | An exit @81.16. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 4.21 points, which is 4.93%. | For a 1.00% total portfolio risk, you can invest 20.28% of your capital in this trade. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
PEG Technicals: Chart, Performance Metrics, Trend & Indicators
83.13
-0.8 (-0.95%)
PUBLIC SERVICE ENTERPRISE GP / PEG TA 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.
Can you provide the RSI signal for PUBLIC SERVICE ENTERPRISE GP?
PUBLIC SERVICE ENTERPRISE GP (PEG) has an RSI value of 54.1148. This indicates that the stock is currently neutral.
Can you provide the MACD signal for PUBLIC SERVICE ENTERPRISE GP?
The MACD indicator for PUBLIC SERVICE ENTERPRISE GP (PEG) has a value of 0.29663, indicating a bearish trend.
What is the support and resistance level for PEG stock?
PUBLIC SERVICE ENTERPRISE GP (PEG) has a support level at 83.02 and a resistance level at 84.83. Check the full technical report for our detailed analysis of PEG support and resistance levels.