PUBLIC SERVICE ENTERPRISE GP (PEG) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:PEG - US7445731067 - Common Stock
We assign a technical rating of 0 out of 10 to PEG. PEG's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
Although the technical rating is bad, PEG does present a nice setup opportunity. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 80.71. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 79.68, 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 78.89 to 79.68. 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 77.13. This zone is formed by a combination of multiple trend lines in the daily time frame.
We can see 2 important resistance areas.
- A resistance zone ranging from 80.71 to 85.92. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 88.14 to 90.14. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 | DOWN | NEGATIVE | The long term trend for PEG is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for PEG is down. |
| ChartMill Relative Strength | 31.2 | 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) | DOWN | NEGATIVE | The current price of PEG is below a declining 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) | 48.51 | NEUTRAL | The RSI value for PEG is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.14 | NEGATIVE | The MACD value suggests PEG has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 26.85 | NEUTRAL | The Stochastics value for PEG is a neutral value. |
| Average True Range in percent/ATR (20) | 1.74 | LOW VOLATILITY | The low ATR as a percentage value for PEG suggests low volalility. |
| Average Directional Index/ADX (14) | 23.4 | NEUTRAL | The ADX value for PEG suggests a possible start of a new trend. |
80.6
+1.71 (+2.17%)
PUBLIC SERVICE ENTERPRISE GP / PEG FAQ
Can you provide the ChartMill technical rating for PUBLIC SERVICE ENTERPRISE GP?
ChartMill assigns a technical rating of 0 / 10 to PEG.
Can you provide the trend direction for PUBLIC SERVICE ENTERPRISE GP?
The current trend direction for PUBLIC SERVICE ENTERPRISE GP (PEG) is Bearish.
What is the RSI signal for PUBLIC SERVICE ENTERPRISE GP (PEG) stock?
PUBLIC SERVICE ENTERPRISE GP (PEG) has an RSI value of 48.5103. This indicates that the stock is currently neutral.
What is the buy/sell signal for PUBLIC SERVICE ENTERPRISE GP (PEG) stock?
The buy/sell signal for PUBLIC SERVICE ENTERPRISE GP (PEG) is sell as both the short term and long term trends are negative.
What are the support and resistance levels for PUBLIC SERVICE ENTERPRISE GP (PEG) stock?
PUBLIC SERVICE ENTERPRISE GP (PEG) has a support level at 79.68 and a resistance level at 80.71. Check the full technical report for our detailed analysis of PEG support and resistance levels.