PUBLIC SERVICE ENTERPRISE GP (PEG) Technical Analysis
NYSE:PEG • US7445731067
Current stock price
PEG Technical Rating and Analysis
Overall PEG gets a technical rating of 2 out of 10. PEG performed below average in the overall market. Although the medium term picture in unclear, the short term picture is clearly negative.
- When comparing the yearly performance of all stocks, PEG is a bad performer in the overall market: 64% of all stocks are doing better.
- PEG is one of the lesser performing stocks in the Multi-Utilities industry. 68% of 26 stocks in the same industry do better.
- In the last month PEG has a been trading in the 79.12 - 84.47 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 2709270 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- The long term trend is neutral, but the short term trend is negative. Better to stay away from this!
- 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 Weekly and Daily overview Charts
PEG Setup Rating and Analysis
PEG has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. There is a support zone below the current price at 81.43, a Stop Loss order could be placed below this zone.
More info and screens
PEG Support and Resistance Analysis
76.36
2 important support areas can be observed.
- A support zone ranging from 80.88 to 81.43. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 77.13 to 79.09. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 3 important areas.
- A resistance zone ranging from 82.05 to 83.02. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 84.83 to 85.24. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 86.95 to 90.14. 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 | DOWN | NEGATIVE | The short term trend for PEG is down. |
| ChartMill Relative Strength | 36.17 | NEUTRAL | PEG is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of PEG is above a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of PEG is below the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of PEG is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 49.64 | NEUTRAL | The RSI value for PEG is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.08 | POSITIVE | The MACD value suggests PEG has a positive trend. |
| Stochastics (14,3) | 35.79 | NEUTRAL | The Stochastics value for PEG is a neutral value. |
| Average True Range in percent/ATR (20) | 2.01 | MEDIUM VOLATILITY | The ATR as a percentage value for PEG suggests some volalility. |
| Average Directional Index/ADX (14) | 17.57 | NEGATIVE | The low ADX value for PEG suggests a weak or negative trend. |
PEG Chart- and CandleStick Pattern Analysis
PEG Technicals: Chart, Performance Metrics, Trend & Indicators
82.04
+1.1 (+1.36%)
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 2 / 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 49.6405. 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 0.077424, indicating a bearish trend.
What is the support and resistance level for PEG stock?
PUBLIC SERVICE ENTERPRISE GP (PEG) has a support level at 81.43 and a resistance level at 82.05. Check the full technical report for our detailed analysis of PEG support and resistance levels.